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ONEOK Announces Planned Retirement of Long-Serving Board Directors

Tipranks - Thu Mar 26, 3:58PM CDT

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An update from Oneok ( (OKE) ) is now available.

ONEOK announced on March 25, 2026, that long-serving directors Gerald B. Smith and Pattye L. Moore will retire from its board at the end of their current terms on May 20, 2026, coinciding with the company’s 2026 annual meeting of shareholders. Smith is stepping down under ONEOK’s mandatory retirement age policy, while Moore has chosen to retire at the end of her term.

The company emphasized that both departures are unrelated to any disagreements over operations, policies or practices, and praised the directors for their contributions during a period of significant transformation. Leadership credited Smith and Moore with providing guidance and oversight that have helped shape ONEOK into what it describes as a premier midstream infrastructure company, underscoring a planned governance transition rather than a shift in strategic direction.

The most recent analyst rating on (OKE) stock is a Buy with a $100.00 price target. To see the full list of analyst forecasts on Oneok stock, see the OKE Stock Forecast page.

Spark’s Take on OKE Stock

According to Spark, TipRanks’ AI Analyst, OKE is a Outperform.

Overall score is driven primarily by solid financial performance led by strong and improving cash flow, with some margin pressure and leverage risk. Technicals are supportive with price above key moving averages and healthy momentum. Valuation adds support via a mid-teens P/E and ~5% dividend yield. Earnings call signals steady execution and visible 2026 drivers, tempered by spread/volume headwinds and slower progress toward the leverage target.

To see Spark’s full report on OKE stock, click here.

More about Oneok

ONEOK, Inc., headquartered in Tulsa, Oklahoma, is a leading North American midstream energy operator and S&P 500 constituent that delivers energy products and services vital to domestic and international demand. The company provides gathering, processing, fractionation, transportation, storage and marine export services for natural gas, natural gas liquids, refined products and crude oil via a roughly 60,000-mile pipeline network, positioning it as one of the largest integrated energy infrastructure players in the region.

Average Trading Volume: 4,881,174

Technical Sentiment Signal: Strong Buy

Current Market Cap: $56.63B

Find detailed analytics on OKE stock on TipRanks’ Stock Analysis page.

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