ONEOK (OKE) Stock Price, News & Analysis

Company Overview

ONEOK, Inc. is an energy infrastructure company that operates midstream assets across the United States. Its business includes the gathering, processing, storage and transportation of natural gas, as well as the gathering, fractionation, storage and transportation of natural gas liquids (NGLs). The company also provides transportation and storage services for refined petroleum products, crude oil and other related commodities.

ONEOK serves major producing and consuming regions, including the Mid-Continent, Rocky Mountain, Permian and Gulf Coast areas. Its infrastructure connects producers with processing facilities, storage sites, fractionation plants, refineries, export facilities and other end markets. The company’s operations are primarily fee-based, with services provided under a range of contractual arrangements.

ONEOK traces its history to the Oklahoma Natural Gas Company, founded in 1906, and adopted the ONEOK name in 1980. In 2023, the company completed its acquisition of Magellan Midstream Partners, expanding its refined products, crude oil and marine terminal operations. ONEOK is headquartered in Tulsa, Oklahoma, and is led by President and Chief Executive Officer Pierce H. Norton II.

Key Stats

• Today's Range: $90.55 to $93.48
• 50-Day Range: $85.42 to $97.62
• 52-Week Range: $64.02 to $99.85
• Volume: 1.29 million shs
• Average Volume: 4.13 million shs
• Market Capitalization: $58.36 billion
• P/E Ratio: 14.37
• Dividend Yield: 4.62%
• Price Target: $98.70
• Consensus Rating: Moderate Buy

ONEOK Stock Analysis - MarketRank™

ONEOK scored higher than 72% of companies evaluated by MarketBeat, and ranked 114th out of 247 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: 2.7 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

ONEOK has received a consensus rating of Moderate Buy. The company's average rating score is 2.52, and is based on 1 strong buy rating, 9 buy ratings, 11 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 17 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: N/A

Earnings Growth

Earnings for ONEOK are expected to remain at $6.16 per share in the coming year.

Price to Earnings Ratio vs. the Market

The P/E ratio of ONEOK is 14.47, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 27.04.

Price to Earnings Ratio vs. Sector

The P/E ratio of ONEOK is 14.47, which means that it is trading at a less expensive P/E ratio than the Energy sector average P/E ratio of about 23.47.

Price to Earnings Growth Ratio

ONEOK has a PEG Ratio of 1.88. 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 1.81. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

3.75% 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 7.27.

Change versus previous month

Short interest in ONEOK has recently decreased by 3.37%, indicating that investor sentiment is improving.

Dividend

• Score: 3.3 / 5
• Dividend Strength: Strong

Dividend Leadership

ONEOK is a leading dividend payer. It pays a dividend yield of 4.47%, 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 66.46%. 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 69.48% 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: 0.48

News Sentiment

ONEOK has a news sentiment score of 0.48. 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 lower news sentiment than the 0.70 average news sentiment score of Energy companies.

News Coverage This Week

MarketBeat has tracked 42 news articles for ONEOK this week, compared to 9 articles on an average week.

Search Interest

30 people have searched for OKE on MarketBeat in the last 30 days. This is an increase of 3% compared to the previous 30 days.

MarketBeat Follows

28 people have added ONEOK to their MarketBeat watchlist in the last 30 days. This is an increase of 87% 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

• Record date for 8/14 Dividend: 8/03/2026
• Ex-Dividend for 8/14 Dividend: 8/03/2026
• Dividend Payable: 8/14/2026
• Last Earnings: 10/27/2026
• Record date for 11/16 Dividend: 11/02/2026
• Ex-Dividend for 11/16 Dividend: 11/02/2026
• Today: 11/03/2026
• Dividend Payable: 11/16/2026
• 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: $98.70
• High Price Target: $112.00
• Low Price Target: $84.00
• Potential Upside/Downside: +6.6%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.52
• Research Coverage: 21 Analysts

Profitability

• EPS (Trailing Twelve Months): $6.44
• Trailing P/E Ratio: 14.38
• Forward P/E Ratio: 15.03
• P/E Growth: 1.88
• Net Income: $3.39 billion
• Net Margins: 9.42%
• Pretax Margin: 11.34%
• Return on Equity: 16.36%
• Return on Assets: 5.92%

Debt

• Debt-to-Equity Ratio: 0.83
• Current Ratio: 0.84
• Quick Ratio: 0.59

Sales & Book Value

• Annual Sales: $43.19 billion
• Price / Sales: 1.35
• Cash Flow: $7.64 per share
• Price / Cash Flow: 12.12
• Book Value: $51.49 per share
• Price / Book: 1.80

Miscellaneous

• Outstanding Shares: 630,450,000
• Free Float: 629,252,000
• Market Cap: $58.37 billion
• Optionable: Optionable
• Beta: 0.82