ONEOK, Inc. (OKE)

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This week's Undercovered Dozen highlights 12 lesser-known stocks and ETFs with compelling investment theses and recent catalysts. Standouts include CGDV's market-beating performance, DIVO's retirement risk management, and ONEOK's undervaluation and growth prospects. Speculative opportunities like Viking Therapeutics and Gorilla Technology offer high risk/reward, while Canadian Natural Resources and Rheinmetall present strong value and growth.

ONEOK offers a nearly 6% dividend yield, is attractively valued after a recent share price drop, and doesn't issue a K-1, simplifying taxes. Long-term growth drivers include rising LNG exports, natural gas replacing coal, and surging AI-driven electricity demand, supporting sustained EBITDA growth. ONEOK's EBITDA per share is expected to grow 20% this year and at least 10% over the next two years, with solid growth prospects beyond 2027.

ONEOK's integrated midstream network and recent acquisitions drive strong EBITDA growth and position it for continued expansion in key U.S. energy markets. Robust cash flow supports a 5.6% dividend yield, ongoing share repurchases, and a sustainable payout ratio, underscoring commitment to shareholder returns. Volume growth across NGL, refined, and processing segments, plus new projects, fuel future earnings and resilience despite industry volatility.

OKE's stock price recently dipped quite sharply. We discuss why. We also discuss why we think this is a golden opportunity to load up on a wonderful infrastructure company that pays a very attractive dividend alongside promising long-term growth.

In my view, ONEOK is a classic example of a highly qualitative business that has gone on sale. The midstream operator's growth outlook is holding up, with a new Permian plant recently announced. ONEOK remains on pace to reach its long-term leverage target of 3.5x in 2026.

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Retirees tend to love stocks that combine big dividends, inflation-beating dividend growth, strong balance sheets, and durable and defensive business models. Even better, when retirees can buy these sorts of stocks at clear discounts to intrinsic value, they also can enjoy big upside potential. We share two of the best opportunities that check these boxes right now.

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While the top- and bottom-line numbers for Oneok (OKE) give a sense of how the business performed in the quarter ended June 2025, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

TULSA, Okla. , Aug. 7, 2025 /PRNewswire/ -- ONEOK, Inc. (NYSE: OKE) today announced the release of its 17th annual Corporate Sustainability Report.

The energy sector is a great place to find high-quality, high-yielding dividend stocks. With numerous options available, it is easy for investors to overlook some excellent opportunities.

TULSA, Okla., Aug. 6, 2025 /PRNewswire/ -- ONEOK, Inc. (NYSE: OKE) today announced that it has priced an offering to sell $3.0 billion of senior notes, consisting of: $750 million of 7-year senior notes at a coupon of 4.95%.

ONEOK, Inc. (NYSE:OKE ) Q2 2025 Earnings Conference Call August 5, 2025 11:00 AM ET Company Participants Megan Patterson - Corporate Participant Pierce H. Norton - President, CEO & Director Sheridan C.

Oneok (OKE) Q2 Revenue Jumps 61%