ONEOK Rises 0.54% on 411th-Ranked $260M Volume as 5.6% Yield and Surging Earnings Offset 52-Week Low

On August 12, 2025, ONEOK (OKE) rose 0.54% with a trading volume of $0.26 billion, ranking 411th in market activity. The stock traded at $74.16, reflecting a 52-week low amid analyst downgrades and a 5.6% dividend yield. The company reaffirmed its quarterly dividend of $1.03 per share and reported Q2 2025 earnings of $1.34 per share, surpassing estimates, with revenue climbing 61.4% to $7.89 billion.

ONEOK highlighted its diversified midstream infrastructure, including a 60,000-mile pipeline network and integrated operations across natural gas, NGLs, and crude oil. Strategic acquisitions like EnLink and Medallion bolstered its footprint in the Permian Basin, driving volume growth. Adjusted EBITDA reached $1.98 billion, with full-year guidance maintained. The firm also announced a $3.0 billion senior notes offering to refinance debt and fund operations, signaling confidence in its capital structure.

Recent operational updates include the acquisition of the remaining 49.9% stake in Delaware Basin JV for $940 million, enhancing control over key gathering assets. The company’s payout ratio of 80.31% underscores its focus on shareholder returns, while a strong balance sheet with $97 million in cash and no credit facility borrowings supports stability. Institutional ownership remains robust, with major investors increasing stakes in Q4 2024.

The strategy of buying the top 500 stocks by daily trading volume and holding them for one day yielded a total profit of $2,550 from 2022 to the present. The maximum drawdown of -15.2% occurred on October 27, 2022, indicating periods of significant volatility despite overall profitability.