ONEOK Shares Purchased by Investment Firm

Duff & Phelps Investment Management Co. increases stake in ONEOK by 3.1%

Mar. 12, 2026 at 8:34am

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Duff & Phelps Investment Management Co. raised its stake in ONEOK, Inc. (NYSE:OKE) by 3.1% during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund now owns 791,311 shares of the utilities provider's stock, worth $57.7 million as of the latest filing.

Why it matters

ONEOK is a major midstream energy company that operates natural gas and natural gas liquids pipelines, processing facilities, and storage assets. The increase in Duff & Phelps' stake suggests the investment firm sees value in ONEOK's business and growth prospects.

The details

According to the 13F filing, Duff & Phelps purchased an additional 23,588 shares of ONEOK during the 3rd quarter, bringing its total ownership to 0.13% of the company. Several other institutional investors also increased their positions in ONEOK during the quarter, including Mackenzie Financial Corp, Franklin Resources Inc., and Bank of Montreal.

  • Duff & Phelps raised its stake in ONEOK during the 3rd quarter of 2026.

The players

Duff & Phelps Investment Management Co.

An investment management firm that owns a 0.13% stake in ONEOK.

ONEOK, Inc.

A publicly traded midstream energy company headquartered in Tulsa, Oklahoma that operates natural gas and natural gas liquids pipelines, processing facilities, and storage assets.

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The takeaway

The increase in Duff & Phelps' stake in ONEOK suggests the investment firm sees long-term value in the company's midstream energy assets and growth potential, despite some recent market volatility in the sector.