onurdongel
Brief Thesis Walkthrough
ONEOK Inc. (NYSE:OKE) owns pipelines from the Permian Basin in Texas all the way up to the Canadian border. Despite being one of North America's largest energy companies I think it doesn't always get the credit
ONEOK: Top Of The Food-Chain Energy Pick For 2025
Summary
- ONEOK Inc. is a top pick for 2025 due to its stellar margins, strategic acquisitions, and strong capital allocation frameworks benefiting long-term shareholders.
- OKE's recent acquisitions of EnLink and Medallion Midstream significantly enhance its asset base and growth potential, with expected EBITDA comfortably above $8 billion in 2025.
- OKE's asset value has grown 121% since 2020, outpacing long-term debt growth, and it offers a compelling 30.65% upside combined with a 4.25% dividend yield.
- Despite sector pressures, OKE's proactive M&A strategy and robust asset growth make it a superior investment compared to peers like WMB and TRP.
My name is Maxime and I like to write about finances and share my views on various companies and their potential as an investment opportunity. My preferred sector is industrial. I live and work in Europe and we have a very long and proud history of being an industrial superpower so I guess it comes naturally. I have taken a few classes in investments and general economics but I'd like to think my somewhat different path of learning brings a fresh perspective for readers here on Seeking Alpha. I value companies that have a strong history of excellent operational performance and that keep their investors in high regard. The industrial sector tends to have quite a lot of them which is why I write the most about it. My motivation for starting a "career" here on Seeking Alpha comes down to me wanting to share my philosophy about investing, a philosophy that has benefitted me greatly over the past years. Hopefully at least one person will get something useful or learn something from the articles I share.
Analyst’s Disclosure: I/we have a beneficial long position in the shares of OKE either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
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