ONEOK (OKE) Stock Price, News & Analysis

Company Overview

ONEOK, Inc. (NYSE: OKE) is a publicly traded midstream energy company headquartered in Tulsa, Oklahoma. The company owns and operates a portfolio of natural gas and natural gas liquids (NGL) pipelines, processing facilities, fractionators and storage and terminal assets. Its operations are focused on gathering, processing, transporting, fractionating and marketing NGLs and interstate natural gas, providing critical infrastructure that connects hydrocarbon production to refineries, petrochemical plants and other end markets.

ONEOK’s asset base includes pipeline systems and processing plants that move and condition natural gas, along with infrastructure for the transportation, storage and fractionation of NGLs such as ethane, propane and butane. The company also provides logistics and commercial services tied to those physical assets, including supply optimization, NGL marketing and transportation solutions. These integrated services support producers, utilities, industrial users and downstream customers by enabling reliable flow and efficient access to feedstocks and fuels.

Primarily active within the United States, ONEOK’s networks serve major producing and consuming regions by linking upstream production areas with downstream markets and export points. The company’s operations emphasize system reliability and operational safety as part of its role in the broader energy value chain. ONEOK’s commercial activities and asset investments are oriented toward meeting regional demand for natural gas and NGLs while supporting growing petrochemical and export needs.

Founded and long based in Oklahoma, ONEOK has a multi-decade history as a midstream operator and is governed by an executive management team and board of directors responsible for strategic direction and oversight. As a publicly listed company, ONEOK regularly discloses operational and governance information through regulatory filings and investor communications. The company positions itself as a provider of essential energy infrastructure and related services in the U.S. midstream sector.

Key Stats

• Today's Range: $92.41 to $94.42
• 50-Day Range: $83.55 to $95.15
• 52-Week Range: $64.02 to $96.07
• Volume: 3.10 million shs
• Average Volume: 4.25 million shs
• Market Capitalization: $59.21 billion
• P/E Ratio: 16.75
• Dividend Yield: 4.55%
• Price Target: $91.88
• Consensus Rating: Hold

ONEOK Stock Analysis - MarketRank™

ONEOK scored higher than 59% of companies evaluated by MarketBeat, and ranked 123rd 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: 2.2 / 5
• Analyst Rating: Hold

Consensus Rating

ONEOK has received a consensus rating of Hold. The company's average rating score is 2.44, and is based on no strong buy ratings, 8 buy ratings, 10 hold ratings, and no sell ratings.

Upside/Downside

The consensus price target for ONEOK is close to its current price, suggesting limited near-term upside or downside.

Amount of Analyst Coverage

ONEOK has been the subject of 14 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 1.9 / 5
• Proj. Earnings Growth: 5.90%

Earnings Growth

Earnings for ONEOK are expected to grow by 5.90% in the coming year, from $5.76 to $6.10 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of ONEOK is 16.75, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 44.78.

Price to Earnings Ratio vs. Sector

The P/E ratio of ONEOK is 16.75, which means that it is trading at a less expensive P/E ratio than the Energy sector average P/E ratio of about 21.32.

Price to Earnings Growth Ratio

ONEOK has a PEG Ratio of 6.84. 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 2.64. 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

4.32% 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 6.25.

Change versus previous month

Short interest in ONEOK has recently increased by 4.91%, indicating that investor sentiment is decreasing.

Dividend

• Score: 2.5 / 5
• Dividend Strength: Moderate

Dividend Leadership

ONEOK is a leading dividend payer. It pays a dividend yield of 4.55%, 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 76.29%. Payout ratios above 75% are not desirable because they may not be sustainable.

Dividend Sustainability

Based on earnings estimates, ONEOK will have a dividend payout ratio of 70.16% next year. This indicates that ONEOK will be able to sustain or increase its dividend.

News and Social Media

• Score: 3.4 / 5
• News Sentiment: N/A

News Sentiment

ONEOK has a news sentiment score of 1.44. 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 is a higher news sentiment than the 0.66 average news sentiment score of Energy companies.

Search Interest

Only 41 people have searched for OKE on MarketBeat in the last 30 days. This is a decrease of -39% compared to the previous 30 days.

MarketBeat Follows

34 people have added ONEOK to their MarketBeat watchlist in the last 30 days. This is an increase of 386% 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: 4/28/2026
• Record date for 5/15 Dividend: 5/04/2026
• Ex-Dividend for 5/15 Dividend: 5/04/2026
• Dividend Payable: 5/15/2026
• Today: 5/24/2026
• Next Earnings (Estimated): 8/03/2026
• Fiscal Year End: 12/31/2026

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Energy
• Industry: Oil/Gas Prod Pipeline MLP
• Sub-Industry: Gas Utilities
• 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: $91.88
• High Price Target: $113.00
• Low Price Target: $72.00
• Potential Upside/Downside: -2.2%
• Consensus Rating: Hold
• Rating Score (0-4): 2.44
• Research Coverage: 18 Analysts

Profitability

• EPS (Trailing Twelve Months): $5.61
• Trailing P/E Ratio: 16.75
• Forward P/E Ratio: 16.32
• P/E Growth: 6.84
• Net Income: $3.39 billion
• Net Margins: 10.03%
• Pretax Margin: 13.13%
• Return on Equity: 16.06%
• Return on Assets: 5.38%

Debt

• Debt-to-Equity Ratio: 1.37
• Current Ratio: 0.71
• Quick Ratio: 0.56

Sales & Book Value

• Annual Sales: $33.63 billion
• Price / Sales: 1.76
• Cash Flow: $7.79 per share
• Price / Cash Flow: 12.06
• Book Value: $35.63 per share
• Price / Book: 2.64

Miscellaneous

• Outstanding Shares: 630,030,000
• Free Float: 628,836,000
• Market Cap: $59.21 billion
• Optionable: Optionable
• Beta: 0.78