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Commodities

ONEOK Stock Rises Above Consensus Target on Data Center Deal

Guavy AI Editorial Team
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Natural Gas
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ONEOK Inc.'s (US6826801036) stock has been trading in the low-$90s on August 24, 2026, above the consensus price target as investors respond to stronger 2026 guidance and a new data center gas supply agreement.

The company's market capitalization stands near $58.90 billion, with institutional demand and valuation context indicating that roughly seven in ten ONEOK shares are held by institutions and hedge funds.

ONEOK has secured a contract to deliver natural gas to a 1-gigawatt power plant with integrated data center operations, linking its pipeline and gas supply network to the energy needs of large-scale computing facilities.

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