Truist Securities Maintains Hold on ONEOK, Raises Price Target to $104

Shares of oil and gas related companies are trading lower after Iran's Foreign Minister confirmed that Iran has submitted to the U.S. a seven-day plan to reopen the Strait of Hormuz and start discussions on Iran's nuclear program. Also, companies exposed to U.S. natural gas markets have seen physical prices decline due to high production and inventory, lower LNG export volumes, and mild autumn weather in North America.

'India Will Step Up US LPG Buying as Middle East Risks Persist' - Bloomberg

https://www.bloomberg.com/news/articles/2026-09-25/india-will-step-up-us-lpg-buying-as-middle-east-risks-persist

Shares of oil and gas related-companies are lower following reports suggesting that Saudi Arabia is attempting to restore crude oil exports quickly through pipeline repairs and ship-to-ship transfers. Also, API and EIA data indicated weekly U.S. crude and distillate inventory growth, further pressuring the oil price.

8-K filing — ONEOK INC /NEW/ (OKE)

Filed: 2026-09-15 AccNo: 0001193125-26-392003 Size: 336 KB Item 1.01: Entry into a Material Definitive Agreement Item 7.01: Regulation FD Disclosure Item 9.01: Financial Statements and Exhibits