Jefferies cuts ONEOK stock target from USD 105.00 to USD 94.00

Published on 10/16/2026 at 16:10 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

ONEOK pays USD 1.07 per share on November 16, 2026. ONEOK stock traded at USD 92.83 on October 16, 2026, up 2.40 percent on NYSE.

Analyst view and valuation

Jefferies lowered its ONEOK target from USD 105.00 to USD 94.00 on October 13, 2026.
ONEOK declared a USD 1.07 quarterly dividend per share on October 14, 2026.
ONEOK stock traded at USD 92.83 on October 16, 2026 at 10:08 a.m. ET, up 2.40 percent on the NYSE.
Third-quarter results are scheduled for October 27, 2026, while the stock has a P/E ratio of 15.97.

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Jefferies lowered its price target for ONEOK from USD 105.00 to USD 94.00 on October 13, 2026, while keeping a Hold rating, according to Investing.com. The revised target is 1.26 percent above the latest NYSE price of USD 92.83, based on the October 16, 2026 quotation.

For income-focused investors, the dividend calendar is the next concrete date. GlobeNewswire reported on October 14, 2026 that ONEOK declared USD 1.07 per share, payable November 16, 2026, to shareholders of record at the close of business on November 2, 2026.

Price position on October 16

ONEOK traded at USD 92.83 on the NYSE on October 16, 2026 at 10:08 a.m. ET, up 2.40 percent from the USD 90.65 prior close. Volume stood at 316,496 shares against an average of 3,647,270 shares at that time. The 52-week range was USD 64.02 to USD 99.85, leaving the stock 7.03 percent below its high.

Valuation and reporting date

The company had a market capitalization of USD 58.5 billion and a P/E ratio of 15.97 on October 16, 2026. Its trailing dividend yield was 5.00 percent. ONEOK is scheduled to release third-quarter 2026 earnings after the market closes on October 27, 2026, according to GlobeNewswire.

Comparison with peers

ONEOK Inc. (NYSE, USD): plus 2.40 percent, P/E 15.97, market capitalization USD 58.5 billion
The Williams Companies (NYSE, USD): plus 1.05 percent, P/E 27.74, market capitalization USD 85.6 billion
Kinder Morgan (NYSE, USD): plus 2.04 percent, P/E 21.41, market capitalization USD 74.6 billion

What the next date adds

The October 27 results release is the next scheduled company event. The combination of a 5.00 percent dividend yield, a 15.97 P/E ratio and a price 7.03 percent below the 52-week high gives the stock a clear income and valuation profile ahead of that date.

Stock and valuation

ONEOK is an energy infrastructure company with natural gas liquids, refined products, crude oil, natural gas gathering and pipeline operations. Its S&P 500 membership and USD 58.5 billion market capitalization place it among the larger listed U.S. midstream companies.

The latest available quotation was USD 92.83 on the NYSE on October 16, 2026 at 10:08 a.m. ET, up 2.40 percent from the USD 90.65 prior close.