+ Watch OKE
on My Watchlist
An energy company that purchases, transports, stores and distributes natural gas.
pure natural gas playNG demand rising
Long term dividend play:http://seekingalpha.com/article/2946686-oneok-reduces-dividend-guidance-how-bad-is-it
the usa needs better fuel pipelines and infrastructure, will outperform
Way too low for this strong, well run company.
long term positive aspects
Stock has gotten crushed along with falling oil prices but it's business is natural gas transportation. This looks like an attractive entry point and should beat the market over the next several years.
Overdone market correction against all companies that have "natural gas" mentioned anywhere in their 10-K.- Business is long-term, volume/fee-based contracts that aren't impacted by short-term price movements. So I think much of the stock price drop is unwarranted anyway.- I love the partnership structure that unevenly benefits the GP (OKE). They have an increasing claim on the distributions paid out by their MLP (OKS). OKE gets 30% of the MLP's current distributions, but this scales higher as OKS increases their payout. In short, when nat gas prices increase, supply volumes will increase. When volumes increase, MLP distributions increase. And when distributions increase, OKE's share of the cash flow increases. A very good day to be a shareholder.The 5.5% dividend yield today for owning the GP is too high. OneOK is undervalued and worthy of the CAPS green-thumb.
Oversold with the drop in oil prices. Will recover strongly from this point once the price of oil returns close to $100 a barrel.
Not nearly as much upside possible as a company like CVEO, but OKE is still undervalued at this level. As oil and natural gas rebound-- so will OKE.
Calling the oil bottom.
Jan 16 Put $0.55, $35 Strike
Holy cow has this stock been clobbered! Oil may stay low, but its still got to flow to get to consumers. Long term winner at a bargain price.
After the big drop in oil prices, I asked one of the smartest Fools for his top picks in the energy sector. This is one of them.
Momentum, P/S < 1. Less sure about this one than other's but....
In the thick of the Bakken
Too much debt.
Best Diversified Nat Gas Locations!
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