Oneok upgraded at Wolfe Research, saying the stock has fallen out of favor on near-term Bakken headwinds and its valuation has quickly shifted to a big discount to large-cap peers.

Wolfe Research analyst Keith Stanley upgraded Oneok (OKE) to Outperform from Peer Perform with a $110 price target The company’s export joint venture with MPLX creates strategic value and adds ...

The company noted that short-term Bakken headwinds have caused Oneok's stock to lose favor, but the discount is warranted and offers a purchasing opportunity.According to Wolfe, Oneok's recent ...

ONEOK, Inc. (NYSE: OKE) and MPLX LP (NYSE: MPLX) have entered into definitive agreements to form joint ventures to construct a new large-scale 400,000-barrel per day (bpd) liquefied petroleum gas ...

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