Oneok Partners LP (NYSE:OKS) has earned a “BBB” credit rating from Morningstar. The firm’s “BBB” rating indicates that the company is a moderate default risk. They also gave their stock a three star rating.

Oneok Partners (NYSE:OKS) opened at 27.34 on Friday. The stock has a market cap of $7.81 billion and a P/E ratio of 15.47. Oneok Partners has a 52-week low of $21.86 and a 52-week high of $47.15. The firm’s 50-day moving average price is $26.38 and its 200 day moving average price is $30.52.

Oneok Partners (NYSE:OKS) last announced its quarterly earnings data on Tuesday, November 3rd. The company reported $0.45 EPS for the quarter, meeting analysts’ consensus estimates of $0.45. During the same period last year, the company posted $0.40 EPS. Equities analysts predict that Oneok Partners will post $1.56 earnings per share for the current year.

Several other research firms have also recently commented on OKS. Deutsche Bank raised their price target on Oneok Partners from $28.00 to $33.00 and gave the company a “sell” rating in a report on Tuesday, October 20th. Zacks Investment Research raised Oneok Partners from a “hold” rating to a “buy” rating and set a $38.00 price target for the company in a report on Tuesday, October 13th. Credit Suisse cut Oneok Partners from an “outperform” rating to a “neutral” rating in a report on Tuesday, October 13th. RBC Capital reissued a “hold” rating on shares of Oneok Partners in a report on Monday, December 28th. Finally, Oppenheimer reissued a “buy” rating on shares of Oneok Partners in a report on Tuesday, December 29th. Four analysts have rated the stock with a sell rating, seven have given a hold rating and two have issued a buy rating to the stock. The stock currently has an average rating of “Hold” and a consensus target price of $33.50.

In related news, Director Michael G. Hutchinson acquired 1,000 shares of the business’s stock in a transaction dated Tuesday, December 8th. The stock was bought at an average price of $25.99 per share, for a total transaction of $25,990.00. Following the transaction, the director now owns 2,000 shares of the company’s stock, valued at $51,980. The purchase was disclosed in a filing with the SEC, which is available through this hyperlink. Also, CEO Terry K. Spencer acquired 6,700 shares of the business’s stock in a transaction dated Thursday, December 24th. The shares were bought at an average price of $29.73 per share, with a total value of $199,191.00. Following the transaction, the chief executive officer now directly owns 20,700 shares in the company, valued at approximately $615,411. The disclosure for this purchase can be found here.

A hedge fund recently bought a new stake in Oneok Partners stock. Jennison Associates acquired a new position in shares of Oneok Partners LP (NYSE:OKS) during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 141,199 shares of the company’s stock, valued at approximately $4,131,000. Jennison Associates owned about 0.07% of Oneok Partners at the end of the most recent quarter.

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 (NYSE:OKS) 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.

12 Month Chart for NYSE:OKS

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