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Benzinga
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How To Earn $500 A Month From ONEOK Stock Ahead Of Q4 Earnings

1. ONEOK to release Q4 results after the close on Feb. 24, 2025. Earnings details are imminent. 2. Analysts project EPS at $1.04, doubling last year’s figure. Expectations are significantly raised. 3. Revenues expected at $5.3B, up from $3.96B previously. Growth is notable. 4. Joint venture with MPLX for an LPG export terminal announced. Strategic expansion is underway. 5. Dividend yield stands at 4.20% offering income prospects. Investors eye steady returns.

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FAQ

Why Bullish?

The improved EPS projection and revenue forecast indicate stronger fundamentals. Similar midstream upgrades historically drive short-term bullish sentiment.

How important is it?

The news encompasses key earnings details, strategic joint ventures, and appealing dividend yields, which are material to immediate price movements. These factors collectively heighten investor interest and potential price impact.

Why Short Term?

The upcoming earnings release and immediate strategic moves are likely to influence near-term price action. Previous earnings surprises in the sector have triggered prompt market reactions.

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