Posts for Ticker ‘OKE’

Pipeline Company Predicts Weaker 2009 (OKE, OKS)

Oil_well_imageONEOK, Inc. (NYSE:OKE) and its pipeline partnership ONEOK Partners, L.P. (NYSE:OKS) have issued guidance for 2008 and 2009. ONEOK has affirmed 2008 EPS "at the low end" of the $2.95-$3.05 range it had previously announced. ONEOK Partners expects to end up in the "lower half" of earlier 2008 guidance of $5.95-$6.15 per common unit, and distributable cash flow of $625-$655 million.

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Posted on: February 6, 2009 – 2:46 pm in Earnings, Oil & Gas, ,

Top Pre-Market Analyst Downgrades (ADM, CPX, DLTR, NOC, OKE, SQNM, STI, WINN, WYNN)

Burning_money_picThese are some of the top analyst downgrades and negative calls we are seeing from Wall Street this Wednesday morning:

  • Archer Daniels Midland (ADM) Cut to Neutral at JPMorgan.
  • Complete Production (CPX) Cut to Perform at Oppenheimer.
  • Dollar Tree (DLTR) Cut to Neutral at JPMorgan.
  • Northrup Grumman (NOC) Cut to Hold at Societe Generale.
  • ONEOK (OKE) Cut to Underperform at RBC.
  • Sequenom (SQNM) Cut to Perform at Oppenheimer.
  • SunTrust (STI) Cut to Neutral at Baird.
  • Winn-Dixie Stores (WINN) Started as Underperform at Jefferies.
  • Wynn Resorts (WYNN) Cut to Underweight at KeyBanc.

Jon C. Ogg
February 4, 2009

Posted on: February 4, 2009 – 7:57 am in Analyst Calls, , , , , , , , ,