ONEOK (OKE) Reports Significant Growth in Q3 Reports

ONEOK, Inc. (NYSE:OKE) is included among the 11 Best High Yield Energy Stocks to Buy Now.

ONEOK, Inc. (NYSE:OKE) is one of the largest diversified energy infrastructure companies in the US, owning and operating an extensive network of NGLs, natural gas, refined products, and crude oil assets.

ONEOK, Inc. (NYSE:OKE) reported a significant growth in revenue profits in its third quarter report on October 28, with the company’s net income increasing by over 36% YoY on the back of robust volumes in the Rocky Mountain region as well as the impact of a series of acquisitions. Moreover, OKE managed to beat forecasts in both earnings and revenue.

ONEOK, Inc. (NYSE:OKE) has significantly expanded its operations through a series of acquisitions over the last two years, including a Gulf Coast NGL pipeline system from Easton Energy, as well as Medallion Midstream and EnLink Midstream. By the end of this year, the company

While we acknowledge the potential of OKE as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

READ NEXT: 12 Best Utility Stocks to Buy for Dividends and 12 Best LNG Stocks to Buy According to Hedge Funds.

Disclosure: None.