Published on 19 Jan 2023 on Zacks via Yahoo Finance

Oneok Inc. (OKE) Gains As Market Dips: What You Should Know

In the latest trading session, Oneok Inc. (OKE) closed at $69.60, marking a +1.38% move from the previous day. This move outpaced the S&P 500's daily loss of 0.76%. Meanwhile, the Dow lost 0.76%, and the Nasdaq, a tech-heavy index, lost 10.92%.

Heading into today, shares of the natural gas company had gained 5.6% over the past month, outpacing the Oils-Energy sector's gain of 5.16% and the S&P 500's gain of 2.18% in that time.

Investors will be hoping for strength from Oneok Inc. as it approaches its next earnings release, which is expected to be February 27, 2023. On that day, Oneok Inc. is projected to report earnings of $1.04 per share, which would represent year-over-year growth of 22.35%. Meanwhile, our latest consensus estimate is calling for revenue of $5.74 billion, up 5.82% from the prior-year quarter.