Recent Research Analysts’ Ratings Changes for ONEOK (OKE)

A number of firms have modified their ratings and price targets on shares of ONEOK (NYSE: OKE) recently:

• 3/5/2026 – ONEOK was given a new $82.00 price target by Barclays PLC.
• 2/25/2026 – ONEOK had its price target lowered by Wells Fargo & Company from $82.00 to $79.00. They now have an “equal weight” rating on the stock.
• 2/25/2026 – ONEOK was downgraded by Wolfe Research from “outperform” to “peer perform”.
• 2/23/2026 – ONEOK was given a new $89.00 price target by Mizuho.
• 1/28/2026 – ONEOK had its “overweight” rating reaffirmed by Morgan Stanley. They now have a $104.00 price target on the stock.
• 1/27/2026 – ONEOK was downgraded by JPMorgan Chase & Co. from “overweight” to “neutral”. They now have a $83.00 price target on the stock, down from $87.00.
• 1/22/2026 – ONEOK had its price target lowered by UBS Group AG from $114.00 to $103.00. They now have a “buy” rating on the stock.
• 1/20/2026 – ONEOK is now covered by Jefferies Financial Group Inc.. They set a “hold” rating and a $80.00 price target on the stock.
• 1/16/2026 – ONEOK had its “outperform” rating reaffirmed by Scotiabank. They now have a $91.00 price target on the stock.
• 1/15/2026 – ONEOK had its price target lowered by Barclays PLC from $78.00 to $76.00. They now have an “equal weight” rating on the stock.
• 1/7/2026 – ONEOK had its “buy” rating reaffirmed by UBS Group AG.

ONEOK Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, February 13th. Shareholders of record on Monday, February 2nd were given a dividend of $1.07 per share. The ex-dividend date of this dividend was Monday, February 2nd. This represents a $4.28 dividend on an annualized basis and a yield of 5.0%. This is a boost from ONEOK’s previous quarterly dividend of $1.03. ONEOK’s payout ratio is 78.97%.

ONEOK, Inc (NYSE: OKE) is a publicly traded midstream energy company headquartered in Tulsa, Oklahoma. The company owns and operates a portfolio of natural gas and natural gas liquids (NGL) pipelines, processing facilities, fractionators and storage and terminal assets. Its operations are focused on gathering, processing, transporting, fractionating and marketing NGLs and interstate natural gas, providing critical infrastructure that connects hydrocarbon production to refineries, petrochemical plants and other end markets.

ONEOK’s asset base includes pipeline systems and processing plants that move and condition natural gas, along with infrastructure for the transportation, storage and fractionation of NGLs such as ethane, propane and butane.