Zacks Rating on ONEOK Partners L.P. (OKS)

ONEOK Partners L.P. (OKS) : The consensus on ONEOK Partners L.P. (OKS) based on 13 analyst recommendation on the company stock is 2.69, which is interpreted as a Hold recommendation. Zacks Investment Research has issued a rank of 3 which endorses a Hold on the stock. However, 3 brokers have a differing view as they consider the stock to be a Strong Buy at current levels. 1 analyst believes that the stock is a Buy, which can produce decent returns in the future. 7 experts consider that the stocks earnings and the quoted price is in harmony, hence, they give it a Hold rating. 1 analyst sees the stock overvalued at current levels and advises a Strong Sell on the stock. 1 analyst also believes that the downside risk to the stock is higher and suggests a Sell on ONEOK Partners L.P. (OKS).

ONEOK Partners L.P. (OKS) : Average target price received by ONEOK Partners L.P. (OKS) is $41.64 with an expected standard deviation of $3.8. The most aggressive target on the stock is $46, whereas the most downbeat target is $35. 11 financial analysts are currently covering the stock.


ONEOK Partners, L.P. has lost 3.65% in the last five trading days and dropped 0.24% in the last 4 weeks. ONEOK Partners, L.P. is up 7.61% in the last 3-month period. Year-to-Date the stock performance stands at 43.02%. ONEOK Partners L.P. (NYSE:OKS): On Tuesdays trading session , Opening price of the stock was $40.2 with an intraday high of $40.2. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $39.68. However, the stock managed to close at $40.08, a loss of 0.20% for the day. On the previous day, the stock had closed at $40.16. The total traded volume of the day was 397,696 shares.

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 Companys 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 Companys 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 Companys Natural Gas Pipelines segment owns and operates regulated natural gas transmission pipelines and natural gas storage facilities.

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