OKE
Mark your calendar
Oneok isn’t giving you the earnings goods just yet, but it did do the next best thing: it put April 28 on the board. That’s when the natural gas company plans to report results, and the market will be watching like it’s the season finale.
Why this matters
The setup looks pretty punchy. Analysts are expecting $1.30 per share, up 25% from a year ago, with revenue pegged at $9.52 billion, or about 18% growth. In other words, the bar is already set for a pretty healthy showing.
What investors should watch
If you own the stock, this is the kind of date that can turn into a mini soap opera fast. A clean beat could keep the recent momentum story alive, while any stumble could remind the market that energy names don’t get to coast just because the S&P 500 is having a nice week.
Big picture: earnings season is basically Oneok’s next chance to prove the recent dip is just a speed bump, not the start of a detour.