The above button links to Coinbase. Yahoo Finance is not a broker-dealer or investment adviser and does not offer securities or cryptocurrencies for sale or facilitate trading. Coinbase pays us for certain activity generated through this link. Prices displayed are informational.

ONEOK, Inc. (NYSE:OKE) is included among the 14 Best Infrastructure Stocks to Buy Now.

ONEOK, Inc. (NYSE:OKE) is a leading midstream operator that provides gathering, processing, fractionation, transportation, storage, and marine export services. The company transports natural gas, NGLs, refined products, and crude oil through its approximately 60,000-mile pipeline network.

On April 10, Scotiabank slightly bumped its price target on ONEOK, Inc. (NYSE:OKE) from $91 to $92, while maintaining an ‘Outperform’ rating on the shares. The raised target, which represents an upside of over 8% from the current levels, comes as the analyst firm revised its price targets for the US Midstream operators under its coverage.

Scotiabank noted that the elevated commodity price environment amid the Middle East conflict is having a more subdued effect on FY 2026 earnings than previously expected. Despite the soaring prices, the firm continues to believe that the upstream development activity will likely remain stable this year.

ONEOK, Inc. (NYSE:OKE) is targeting net income at a midpoint of approximately $3.45 billion or $5.45 per diluted share for FY 2026. The company expects an adjusted EBITDA midpoint of approximately $8.1 billion for the year, up from $8.02 billion delivered in 2025.

ONEOK, Inc. (NYSE:OKE) boasts a robust annual dividend yield of 5.04%, putting it among the 14 Best Oil and Gas Dividend Stocks to Buy Right Now.

While we acknowledge the potential of OKE as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

READ NEXT: 15 Best American Energy Stocks to Buy According to Wall Street Analysts and 15 Best Blue Chip Stocks to Buy Now

Disclosure: None. Follow Insider Monkey on Google News.