ONEOK (OKE) Prices 26M Share Common Offering at $32/Sh
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 8/18/2026
- US stocks set for lower open as Iran stalemate lifts oil, yields
- Baidu slips as Q2 results miss estimates despite growth in AI cloud business
- Nvidia or Sandisk? BofA reveals which stock is under-owned and which is crowded
- Home Depot beats estimates, reaffirms fiscal 2026 guidance
- Citi says positioning risk is shifting from short squeezes to profit-taking
- Wall Street indexes slip as oil prices rise, retail results awaited
- Micron rises as White House presses Apple to avoid Chinese memory chips
- BofA sees Micron EPS topping $230 by FY30, calls peak fears overblown
- Trump threatens to bomb Oman over Iran stance
- Goldman Sachs to acquire real estate company LCN for up to $410M
ONEOK (OKE) Announces 26M Share Public Offering of Common Stock
June 11, 2020 7:02 AM EDTONEOK, Inc. (NYSE: OKE) today announced an underwritten public offering of 26 million shares of its common stock. ONEOK expects to grant to the underwriters a 30-day over-allotment option to purchase up to 3.9 million additional shares.
ONEOK expects to use the net proceeds from the offering for general corporate purposes, which may include the repayment of existing indebtedness and the funding of capital expenditures.
Barclays, J.P. Morgan... More
UPDATE: BofA Securities Downgrades ONEOK Inc (OKE) to Neutral on Valuation
June 11, 2020 6:21 AM EDT(Updated - June 11, 2020 9:11 AM EDT)
(updated to add analyst comments)
BofA Securities analyst Derek Walker downgraded ONEOK Inc (NYSE: OKE) from Buy to Neutral while raising its price target to $42 from $35 saying valuation reflects recovery optimism and NGL price... More
