Oneok Surges to 253rd in Trading Volume with $400 Million Turnover

Generated by AI AgentAinvest Market Brief
Thursday, May 8, 2025 8:11 pm ET1min read

On May 8, 2025,

(OKE) saw a significant increase in trading volume, with a turnover of $400 million, marking a 51.92% rise from the previous day. This surge placed Oneok at the 253rd position in terms of trading volume for the day. The stock price of Oneok also rose by 2.49%, marking the second consecutive day of gains, with a total increase of 3.73% over the past two days.

Oneok recently reported its first-quarter earnings for 2025, announcing a surge in revenue to $8 billion. This substantial increase in revenue has contributed to the company's overall financial performance, affirming its 2025 financial guidance. The company's earnings report exceeded analysts' revenue expectations, although the earnings per share (EPS) fell short of projections. Additionally, Oneok declared a fourth-quarter dividend of $1.03 per share.

Oneok has also been actively engaging with its shareholders. The company recently sent out proxy materials for its Annual Meeting of Shareholders, scheduled to be held virtually on May 21, 2025. The meeting will address several key proposals, including the election of directors and other important matters. Shareholders are encouraged to vote on these proposals to ensure their voices are heard and their interests are represented.

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