Oneok's 433rd-Ranked Trading Volume Amid Price Decline and Analysts' Cautious Optimism on Natural Gas Growth

On August 1, 2025, Oneok (OKE) declined 3.80% with a trading volume of $290 million, ranking 433rd in market activity. Analysts highlighted the stock’s potential amid the US-EU deal, noting its role in natural gas infrastructure and a 5.02% dividend yield. Raymond James recently adjusted its price target to $110 from $115 but maintained an "Outperform" rating, citing strong fee-based revenue and strategic Gulf Coast operations. The firm also reiterated a 5.02% annualized dividend, though shares have fallen over 30% from recent highs.

Recent updates indicate Oneok is expected to report Q2 earnings of $1.33 per share, with revenue projected at $8.33 billion, reflecting a significant year-over-year increase. Analysts attribute this to full ownership of Delaware G&P and robust midstream operations. Despite short-term volatility, the company’s focus on natural gas transportation and storage positions it to benefit from expanding LNG export demand. However, Raymond James’ revised target underscores cautious optimism, balancing growth potential against valuation concerns.

The strategy of purchasing the top 500 stocks by daily trading volume and holding for one day delivered a 166.71% return from 2022 to the present, outperforming the 29.18% benchmark and generating an excess return of 137.53%. This underscores the effectiveness of liquidity concentration in driving short-term stock performance, particularly in high-volume names like Oneok.