NYSE:OKEOil and Gas
ONEOK (OKE) Is Up 6.9% After Analyst Upgrades On Geopolitics And Permian Assets - Has The Bull Case Changed?
In recent days, Wells Fargo and Jefferies upgraded ONEOK, citing how geopolitical tensions and shifting global energy flows could benefit its U.S. midstream network, including assets such as the Eiger Express Pipeline expansion and the Bighorn processing plant.
The upgrades highlight how ONEOK’s existing pipeline and processing footprint may gain importance as buyers seek more reliable natural gas and NGL supply routes amid global disruptions.
Next, we’ll explore how this geopolitical-driven...