ONEOK (OKE) Stock Price, News & Analysis

Company Overview

ONEOK, Inc. (NYSE: OKE) is a diversified energy infrastructure company that owns and operates midstream assets in the United States. Its operations connect producers, processors, storage facilities and end-use markets across major energy-producing and consuming regions.

The company’s businesses include natural gas gathering, processing, transportation and storage, as well as natural gas liquids (NGL) gathering, fractionation, storage and transportation. ONEOK also operates infrastructure serving refined products and crude oil markets, including pipelines and terminals. Its NGL systems support the movement of products such as ethane, propane, butane and natural gasoline.

ONEOK traces its roots to Oklahoma Natural Gas, which was founded in 1906, and adopted the ONEOK name in 1980. The company’s assets serve the Rocky Mountain, Mid-Continent, Permian and Gulf Coast regions, as well as other areas connected to its nationwide pipeline and storage network. Following its acquisition of Magellan Midstream Partners in 2023, ONEOK expanded its presence in refined products, crude oil and marine transportation infrastructure.

Key Stats

• Today's Range: $84.15 to $87.36
• 50-Day Range: $85.42 to $97.62
• 52-Week Range: $64.02 to $99.85
• Volume: 1.64 million shs
• Average Volume: 4.26 million shs
• Market Capitalization: $54.89 billion
• P/E Ratio: 15.02
• Dividend Yield: 4.92%
• Price Target: $96.88
• Consensus Rating: Hold

ONEOK Stock Analysis - MarketRank™

ONEOK scored higher than 81% of companies evaluated by MarketBeat, and ranked 64th out of 249 stocks in the energy sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.1 / 5
• Analyst Rating: Hold

Consensus Rating

ONEOK has received a consensus rating of Hold. The company's average rating score is 2.45, and is based on 1 strong buy rating, 7 buy ratings, 12 hold ratings, and no sell ratings.

Upside Potential

ONEOK has a consensus price target of $96.88, representing about 11.5% upside from its current price of $86.89.

Amount of Analyst Coverage

ONEOK has been the subject of 16 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 2.5 / 5
• Proj. Earnings Growth: 8.03%

Earnings Growth

Earnings for ONEOK are expected to grow by 8.03% in the coming year, from $5.73 to $6.19 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of ONEOK is 15.01, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 38.82.

Price to Earnings Ratio vs. Sector

The P/E ratio of ONEOK is 15.01, which means that it is trading at a less expensive P/E ratio than the Energy sector average P/E ratio of about 20.27.

Price to Earnings Growth Ratio

ONEOK has a PEG Ratio of 2.47. PEG Ratios above 1 indicate that a company could be overvalued.

Price to Book Value per Share Ratio

ONEOK has a P/B Ratio of 2.42. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 2.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

4.34% of the float of ONEOK has been sold short.

Short Interest Ratio / Days to Cover

ONEOK has a short interest ratio ("days to cover") of 8.04.

Change versus previous month

Short interest in ONEOK has recently increased by 4.94%, indicating that investor sentiment is decreasing.

Dividend

• Score: 3.3 / 5
• Dividend Strength: Strong

Dividend Leadership

ONEOK is a leading dividend payer. It pays a dividend yield of 4.93%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

ONEOK has only been increasing its dividend for 3 years.

Dividend Coverage

The dividend payout ratio of ONEOK is 73.79%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, ONEOK will have a dividend payout ratio of 69.14% next year. This indicates that ONEOK will be able to sustain or increase its dividend.

News and Social Media

• Score: 3.0 / 5
• News Sentiment: 0.72

News Sentiment

ONEOK has a news sentiment score of 0.72. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Energy companies.

News Coverage This Week

MarketBeat has tracked 5 news articles for ONEOK this week, compared to 9 articles on an average week.

Search Interest

39 people have searched for OKE on MarketBeat in the last 30 days. This is an increase of 8% compared to the previous 30 days.

MarketBeat Follows

32 people have added ONEOK to their MarketBeat watchlist in the last 30 days. This is an increase of 256% compared to the previous 30 days.

Company Ownership

• Score: 0.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, ONEOK insiders have not sold or bought any company stock.

Percentage Held by Insiders

0.19% of the stock of ONEOK is held by insiders.

Percentage Held by Institutions

69.13% of the stock of ONEOK is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

Company Calendar

• Last Earnings: 8/03/2026
• Record date for 8/14 Dividend: 8/03/2026
• Ex-Dividend for 8/14 Dividend: 8/03/2026
• Dividend Payable: 8/14/2026
• Today: 10/01/2026
• Next Earnings (Estimated): 10/27/2026
• Fiscal Year End: 12/31/2026

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Energy
• Industry: Oil, Gas & Consumable Fuels
• Sub-Industry: Oil & Gas Storage & Transportation
• Current Symbol: NYSE:OKE
• CIK: 1039684
• Web: www.oneok.com
• Phone: (918) 588-7000
• Fax: 918-588-7273
• Employees: 6,326
• Year Founded: 1906

Price Target and Rating

• Average Price Target for ONEOK: $96.88
• High Price Target: $112.00
• Low Price Target: $72.00
• Potential Upside/Downside: +11.6%
• Consensus Rating: Hold
• Rating Score (0-4): 2.45
• Research Coverage: 20 Analysts

Profitability

• EPS (Trailing Twelve Months): $5.80
• Trailing P/E Ratio: 14.95
• Forward P/E Ratio: 15.15
• P/E Growth: 2.47
• Net Income: $3.39 billion
• Net Margins: 9.29%
• Pretax Margin: 12.13%
• Return on Equity: 16.41%
• Return on Assets: 5.48%

Debt

• Debt-to-Equity Ratio: 1.34
• Current Ratio: 0.74
• Quick Ratio: 0.59

Sales & Book Value

• Annual Sales: $33.63 billion
• Price / Sales: 1.63
• Cash Flow: $7.79 per share
• Price / Cash Flow: 11.14
• Book Value: $35.87 per share
• Price / Book: 2.42

Miscellaneous

• Outstanding Shares: 630,370,000
• Free Float: 629,172,000
• Market Cap: $54.71 billion
• Optionable: Optionable
• Beta: 0.74