Oneok Partners LP (NYSE:OKS) – Investment analysts at US Capital Advisors lowered their Q1 2017 earnings per share (EPS) estimates for Oneok Partners in a research report issued to clients and investors on Wednesday. US Capital Advisors analyst B. Followill now anticipates that the firm will earn $0.53 per share for the quarter, down from their prior estimate of $0.59. US Capital Advisors has a “Hold” rating on the stock. US Capital Advisors also issued estimates for Oneok Partners’ Q2 2017 earnings at $0.54 EPS.

A number of other research firms have also recently issued reports on OKS. Goldman Sachs Group Inc upgraded Oneok Partners from a “sell” rating to a “neutral” rating and boosted their price objective for the company from $33.00 to $39.00 in a report on Thursday, December 15th. Zacks Investment Research cut Oneok Partners from a “buy” rating to a “hold” rating in a report on Thursday, March 16th. Credit Suisse Group AG restated a “neutral” rating and set a $45.00 price objective (up previously from $43.00) on shares of Oneok Partners in a report on Sunday, December 4th. BMO Capital Markets cut Oneok Partners from an “outperform” rating to a “market perform” rating in a report on Thursday, February 2nd. Finally, Citigroup Inc restated a “buy” rating on shares of Oneok Partners in a report on Wednesday, January 25th. Fourteen investment analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and a consensus price target of $43.87.

Earnings History and Estimates for Oneok Partners (NYSE:OKS)

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Oneok Partners (NYSE:OKS) opened at 51.88 on Monday. The stock’s 50 day moving average price is $52.01 and its 200 day moving average price is $44.03. Oneok Partners has a one year low of $28.45 and a one year high of $57.41. The company has a market capitalization of $14.83 billion, a P/E ratio of 23.05 and a beta of 0.56.

Oneok Partners (NYSE:OKS) last issued its quarterly earnings results on Monday, February 27th. The company reported $0.60 earnings per share for the quarter, missing the consensus estimate of $0.65 by $0.05. Oneok Partners had a net margin of 9.72% and a return on equity of 16.75%. During the same period in the prior year, the company earned ($0.33) EPS.

Several large investors have recently modified their holdings of OKS. Nelson Van Denburg & Campbell Wealth Management Group LLC raised its stake in Oneok Partners by 0.8% in the third quarter. Nelson Van Denburg & Campbell Wealth Management Group LLC now owns 2,635 shares of the company’s stock valued at $105,000 after buying an additional 22 shares during the last quarter. Penserra Capital Management LLC raised its stake in Oneok Partners by 113.1% in the third quarter. Penserra Capital Management LLC now owns 2,725 shares of the company’s stock valued at $108,000 after buying an additional 1,446 shares during the last quarter. Bronfman E.L. Rothschild L.P. raised its stake in Oneok Partners by 6.9% in the third quarter. Bronfman E.L. Rothschild L.P. now owns 4,519 shares of the company’s stock valued at $181,000 after buying an additional 290 shares during the last quarter. WFG Advisors LP raised its stake in Oneok Partners by 288.0% in the fourth quarter. WFG Advisors LP now owns 4,609 shares of the company’s stock valued at $233,000 after buying an additional 3,421 shares during the last quarter. Finally, Advisory Services Network LLC raised its stake in Oneok Partners by 106.3% in the third quarter. Advisory Services Network LLC now owns 4,950 shares of the company’s stock valued at $198,000 after buying an additional 2,550 shares during the last quarter. Hedge funds and other institutional investors own 36.68% of the company’s stock.

Oneok Partners Company Profile

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, Permian and Rocky Mountain regions. It operates through three segments: Natural Gas Gathering and Processing, Natural Gas Liquids, and Natural Gas Pipelines.

5 Day Chart for NYSE:OKS

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