Scotiabank raises target for ONEOK stock from USD 95 to USD 96

Published on 10/16/2026 at 11:07 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

ONEOK declared a USD 1.07 dividend payable November 16, 2026. ONEOK stock gets results October 27, 2026, with a call on October 28.

Dividend and earnings schedule

Scotiabank raised its ONEOK target from USD 95.00 to USD 96.00 on October 15, 2026.
Second-quarter 2026 revenue reached USD 12.05 billion and net income USD 967.00 million.
ONEOK declared a USD 1.07 quarterly dividend payable November 16, 2026.

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ONEOK Inc. (ISIN US30609A1097) received a USD 96.00 price target from Scotiabank, raised from USD 95.00 on October 15, 2026, according to Markets Insider. The revision keeps a Sector Perform rating and reflects expectations that third-quarter levels will be typical after a stronger first half.

Target rises as estimates moderate

The target change gives investors a defined valuation reference ahead of the next report. Scotiabank said first-half performance had outperformed, while third-quarter levels appeared typical and the earnings revision trajectory was flat to lower quarter over quarter.

Jefferies took a more cautious view on October 13, 2026, cutting its target from USD 105.00 to USD 94.00 while maintaining a Hold rating, as Investing.com reported. The contrasting targets put valuation and operating trends at the center of the stock story.

Three dated developments for ONEOK

On October 5, 2026, ONEOK scheduled its third-quarter results for October 27 and its conference call for October 28, as stated in an ONEOK release. On October 14, 2026, the company declared a USD 1.07 quarterly dividend, unchanged from the previous quarter, payable November 16, 2026.

On October 15, 2026, Scotiabank raised its target to USD 96.00 from USD 95.00. The sequence moves from a scheduled results catalyst to income support and then to a fresh analyst valuation update.

What does the next report mean?

Second-quarter 2026 revenue was USD 12.05 billion and net income was USD 967.00 million, with net income up 13.00 percent year over year, according to Oklahoma Energy Today. The same report cited adjusted EBITDA of USD 2.12 billion and fiscal-year 2026 net income guidance at a midpoint of USD 3.60 billion, giving the October release a clear comparison base.

Upcoming dates and income support

The next two scheduled dates are October 27, 2026, for the third-quarter earnings release, and October 28, 2026, for the conference call. The dividend is payable November 16, 2026, to shareholders of record at the close of business on November 2, 2026, according to ONEOK.

Market value and investor context

ONEOK had a market capitalization of USD 57.1 billion as of October 15, 2026. Its 52-week range was USD 64.02 to USD 99.85 on the same market-data snapshot, leaving the upcoming earnings report and the dividend schedule as the next dated reference points for investors.