Oneok Partners Lp (OKS) Files Form 4 Insider Buying : John William Gibson Buys 5,000 Shares

Oneok Partners Lp (OKS): John William Gibson , director other of Oneok Partners Lp purchased 5,000 shares on Sep 12, 2016. The Insider buying transaction was reported by the company on Sep 13, 2016 to the Securities and Exchange Commission. The shares were purchased at $38.09 per share for a total value of $190,447.50 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Mar 8, 2016, Sheppard F Iii Miers (VP & Chief Accounting Officer) purchased 6,400 shares at $31.49 per share price.On Dec 28, 2015, John William Gibson (director other) purchased 10,000 shares at $28.37 per share price.Also, On Dec 28, 2015, Terry K Spencer (CEO) purchased 6,700 shares at $29.73 per share price.On Dec 9, 2015, Michael G Hutchinson (director) purchased 1,000 shares at $25.99 per share price.

Shares of Oneok Partners LP (OKS) ended Monday, Sep 12, 2016 session in red amid volatile trading. The shares closed down -0.53 points or -1.38% at $37.96 with 734,576 shares getting traded. Post opening the session at $38.13, the shares hit an intraday low of $37.8 and an intraday high of $38.56 and the price vacillated in this range throughout the day. The company has a market cap of $10,850 M and the number of outstanding shares has been calculated to be 285,826,230 shares. The 52-week high of Oneok Partners LP is $42.34 and the 52-week low is $21.86.

Oneok Partners LP Money Flow Index Chart

Company has been under the radar of several Street Analysts.Oneok Partners LP is Upgraded by JP Morgan to Neutral. Earlier the firm had a rating of Underweight on the company shares. The Rating was issued on Sep 6, 2016.Oneok Partners LP is Reiterated by RBC Capital Mkts to Sector Perform and the brokerage firm has raised the Price Target to $ 40 from a previous price target of $37 .The Rating was issued on Aug 16, 2016.Oneok Partners LP is Upgraded by Robert W. Baird to Neutral and the brokerage firm has raised the Price Target to $ 45 from a previous price target of $24 .Earlier the firm had a rating of Underperform on the company shares. The Rating was issued on Aug 12, 2016.Oneok Partners LP is Upgraded by UBS to Buy and the brokerage firm has raised the Price Target to $ 46 from a previous price target of $38 .Earlier the firm had a rating of Neutral on the company shares. The Rating was issued on Jul 7, 2016.

ONEOK Partners L.P. is engaged in gathering processing storage and transportation of natural gas in the United States. In addition the Company owns natural gas liquids (NGL) systems connecting NGL supply in the Mid-Continent and Rocky Mountain regions. The Company operates in three segments: Natural Gas Gathering and Processing Natural Gas Liquids and Natural Gas Pipelines. The Company’s Natural Gas Gathering and Processing segment provides nondiscretionary services to producers which include gathering and processing of natural gas produced from crude oil and natural gas wells. The Company’s Natural Gas Liquids segment owns and operates facilities that gather fractionate treat and distribute NGLs and store NGL products in Oklahoma Kansas Texas New Mexico and the Rocky Mountain region. The Company’s Natural Gas Pipelines segment owns and operates regulated natural gas transmission pipelines and natural gas storage facilities.

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