Wolfe Research downgraded ONEOK (OKE) to Peer Perform from Outperform after the company reported a “weak” Q4 and “disappointing” FY 2026 guidance. The analyst firm believes ONEOK’s growth will be below average in a lower commodity price environment. This downgrade follows concerns about growth challenges for the pipeline operator.
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ONEOK cut at Wolfe, seeing growth as below average in lower commodity price environment (OKE:NYSE)
Wolfe Research downgraded ONEOK (OKE) to Peer Perform from Outperform after the company reported a “weak” Q4 and “disappointing” FY 2026 guidance. The analyst firm believes ONEOK’s growth will be below average in a lower commodity price environment. This downgrade follows concerns about growth challenges for the pipeline operator.