ONEOK Releases FY 2024 Earnings Guidance
OKE Stock | USD 110.44 3.16 2.78% |
About 51% of ONEOK's investor base is interested to short. The current sentiment of investing in ONEOK Inc suggests that many traders are impartial. The current market sentiment, together with ONEOK's historical and current headlines, can help investors time the market. In addition, many technical investors use ONEOK Inc stock news signals to limit their universe of possible portfolio assets.
ONEOK |
ONEOK issued an update on its FY 2024 earnings guidance on Tuesday morning. The company provided EPS guidance of 5.110-5.110 for the period, compared to the consensus EPS estimate of 5.030. The company issued revenue guidance of -. ONEOK also updated its FY24 guidance to 5.11 EPS. Analyst Ratings Changes
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ONEOK Inc Current Investor Sentiment
Panic Vs Confidence
49
Panic | Confidence |
Today, several news technology companies offer sentiment data to assist traders in manufacturing news sentiment indicators for investment decisions. We partner with these technology firms in helping retail investors build forecasting models that use ONEOK's input sentiment indicators derived from textual data and news published on major financial information outlets and social sites. These indicators can be used to analyze time-dependent numerical information representing public perception toward ONEOK Inc.
News SentimentBullish | Hype SentimentBearish | Insider SentimentAcquiring |
ONEOK Investor Sentiment by Other News Outlets
Investor sentiment, mood or attitude towards ONEOK can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
ONEOK Inc Historical Investor Sentiment
Investor biases related to ONEOK's public news can be used to forecast risks associated with an investment in ONEOK. The trend in average sentiment can be used to explain how an investor holding ONEOK can time the market purely based on public headlines and social activities around ONEOK Inc. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
ONEOK's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for ONEOK and other traded tickers. The bigger the bubble, the more accurate the estimated score. Higher bars for a given day show more participation in the average ONEOK news discussions. The higher the estimate score, the more favorable the investor's outlook on ONEOK.
ONEOK Fundamental Analysis
We analyze ONEOK's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of ONEOK using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of ONEOK based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Market Capitalization
Market Capitalization Comparative Analysis
ONEOK is currently under evaluation in market capitalization category among its peers. Market Capitalization is the total market value of a company's equity. It is one of many ways to value a company and is calculated by multiplying the price of the stock by the number of shares issued. If a firm has one type of stock its market capitalization will be the current market share price multiplied by the number of shares. However, if a company has multiple types of equities then the market cap will be the total of the market caps of the different types of shares.
ONEOK Inc Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with ONEOK stock to make a market-neutral strategy. Peer analysis of ONEOK could also be used in its relative valuation, which is a method of valuing ONEOK by comparing valuation metrics with similar companies.
Peers
ONEOK Related Equities
ENB | Enbridge | 0.05 |
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MPLX | MPLX LP | 0.91 |
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EPD | Enterprise Products | 1.80 |
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PAA | Plains All | 1.93 |
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ET | Energy Transfer | 2.22 |
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KMI | Kinder Morgan | 2.94 |
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WMB | Williams Companies | 3.54 |
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When running ONEOK's price analysis, check to measure ONEOK's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy ONEOK is operating at the current time. Most of ONEOK's value examination focuses on studying past and present price action to predict the probability of ONEOK's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ONEOK's price. Additionally, you may evaluate how the addition of ONEOK to your portfolios can decrease your overall portfolio volatility.
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