ONEOK (OKE) Stock Price, News & Analysis

Company Overview

ONEOK, Inc. engages in gathering, processing, fractionation, storage, transportation, and marketing of natural gas and natural gas liquids (NGL) in the United States. It operates through four segments: Natural Gas Gathering and Processing, Natural Gas Liquids, Natural Gas Pipelines, and Refined Products and Crude. The company owns natural gas gathering pipelines and processing plants in the Mid-Continent and Rocky Mountain regions; and provides midstream services to producers of NGLs. It also owns NGL gathering and distribution pipelines in Oklahoma, Kansas, Texas, New Mexico, Montana, North Dakota, Wyoming, and Colorado; terminal and storage facilities in Kansas, Nebraska, Iowa, and Illinois; NGL distribution pipelines in Kansas, Nebraska, Iowa, Illinois, and Indiana; transports refined petroleum products, including unleaded gasoline and diesel; and owns and operates truck- and rail-loading, and -unloading facilities connected to NGL fractionation, storage, and pipeline assets. In addition, the company transports and stores natural gas through regulated interstate and intrastate natural gas transmission pipelines, and natural gas storage facilities. Further, it owns and operates a parking garage in downtown Tulsa, Oklahoma; and leases excess office space and rail cars. Additionally, the company transports, stores, and distributes refined products, NGLs, and crude oil, as well as conducts commodity-related activities, including liquids blending and marketing activities. It serves integrated and independent exploration and production companies; other NGL and natural gas gathering and processing companies; crude oil and natural gas production companies; utilities; industrial companies; natural gasoline distributors; propane distributors; municipalities; ethanol producers; petrochemical, refining, and marketing companies; and heating fuel users, refineries, and exporters. ONEOK, Inc. was founded in 1906 and is headquartered in Tulsa, Oklahoma.

Key Stats

• Today's Range: $74.21 to $75.44
• 50-Day Range: $73.04 to $83.51
• 52-Week Range: $72.18 to $118.07
• Volume: 2.38 million shs
• Average Volume: 3.62 million shs
• Market Capitalization: $47.07 billion
• P/E Ratio: 14.57
• Dividend Yield: 5.51%
• Price Target: $103.57
• Consensus Rating: Moderate Buy

ONEOK Stock Analysis - MarketRank™

ONEOK scored higher than 99% of companies evaluated by MarketBeat, and ranked 4th out of 266 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: 4.3 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

ONEOK has received a consensus rating of Moderate Buy. The company's average rating score is 2.69, and is based on 9 buy ratings, 6 hold ratings, and no sell ratings.

Amount of Analyst Coverage

ONEOK has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 3.1 / 5
• Proj. Earnings Growth: 17.36%

Earnings Growth

Earnings for ONEOK are expected to grow by 17.36% in the coming year, from $5.07 to $5.95 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of ONEOK is 14.57, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 28.43.

Price to Earnings Ratio vs. Sector

The P/E ratio of ONEOK is 14.57, which means that it is trading at a less expensive P/E ratio than the Energy sector average P/E ratio of about 72.96.

Price to Earnings Growth Ratio

ONEOK has a PEG Ratio of 1.75. 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 2.15. 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

1.87% 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 3.2, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in ONEOK has recently increased by 14.04%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 2.5 / 5
• Dividend Strength: Moderate

Dividend Leadership

ONEOK is a leading dividend payer. It pays a dividend yield of 5.59%, 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 80.31%. 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 69.24% next year. This indicates that ONEOK will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: 0.9 / 5
• Environmental Score: -5.51

Percentage of Shares Shorted

1.87% 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 3.2, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in ONEOK has recently increased by 14.04%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 4.2 / 5
• News Sentiment: 1.58

News Sentiment

ONEOK has a news sentiment score of 1.58. 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 0.83 average news sentiment score of Energy companies.

News Coverage This Week

MarketBeat has tracked 28 news articles for ONEOK this week, compared to 27 articles on an average week.

Search Interest

77 people have searched for OKE on MarketBeat in the last 30 days. This is an increase of 54% compared to the previous 30 days.

MarketBeat Follows

22 people have added ONEOK to their MarketBeat watchlist in the last 30 days. This is an increase of 57% compared to the previous 30 days.

Company Ownership

• Score: 1.7 / 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

Only 0.21% 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.

OKE Stock Analysis - Frequently Asked Questions

How have OKE shares performed this year?

ONEOK's stock was trading at $100.40 at the beginning of the year. Since then, OKE stock has decreased by 25.6% and is now trading at $74.7430.

How were ONEOK's earnings last quarter?

ONEOK, Inc. (NYSE:OKE) posted its earnings results on Monday, August, 4th. The utilities provider reported $1.34 EPS for the quarter, topping the consensus estimate of $1.33 by $0.01. The utilities provider earned $8.21 billion during the quarter, compared to analyst estimates of $7.20 billion. ONEOK had a net margin of 11.06% and a trailing twelve-month return on equity of 14.90%.
Read the conference call transcript.

How will ONEOK's stock buyback program work?

ONEOK's board initiated a stock repurchase plan on Wednesday, January 17th 2024, which authorizes the company to buy back $2,000,000,000 in outstanding shares, according to EventVestor. This means that the company could buy up to 4.9% of its shares through open market purchases. Shares buyback plans are typically an indication that the company's leadership believes its shares are undervalued.

Does ONEOK have any subsidiaries?

ONEOK subsidiaries include Black Mesa Holdings Inc., Black Mesa Pipeline Inc., Black Mesa Pipeline Operations L.L.C., Black Mesa Technologies Inc., Border Midwestern Company, Chisholm Pipeline Company, Chisholm Pipeline Holdings L.L.C., and others.

Who are ONEOK's major shareholders?

Top institutional investors of ONEOK include Vanguard Group Inc. (12.15%), State Street Corp (6.02%), Charles Schwab Investment Management Inc. (3.43%) and Geode Capital Management LLC (2.51%). Insiders that own company stock include Pierce Norton, Eduardo A Rodriguez, Brian L Derksen, Wayne Thomas Smith and Pattye L Moore.
View institutional ownership trends.

How do I buy shares of ONEOK?

Shares of OKE stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

What other stocks do shareholders of ONEOK own?

Based on aggregate information from My MarketBeat watchlists, some other companies that ONEOK investors own include Chevron (CVX), NVIDIA (NVDA), Bristol Myers Squibb (BMY), AbbVie (ABBV), Verizon Communications (VZ), Exxon Mobil (XOM) and JPMorgan Chase & Co. (JPM).

Company Calendar

• Record date for 8/14 Dividend: 8/01/2025
• Ex-Dividend for 8/14 Dividend: 8/01/2025
• Last Earnings: 8/04/2025
• Dividend Payable: 8/14/2025
• Today: 8/23/2025
• Next Earnings (Estimated): 11/04/2025
• Fiscal Year End: 12/31/2025

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: 5,177
• Year Founded: 1906

Price Target and Rating

• Average Price Target for ONEOK: $103.57
• High Price Target: $133.00
• Low Price Target: $83.00
• Potential Upside/Downside: +38.6%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.69
• Research Coverage: 16 Analysts

Profitability

• EPS (Trailing Twelve Months): $5.13
• Trailing P/E Ratio: 14.57
• Forward P/E Ratio: 14.74
• P/E Growth: 1.75
• Net Income: $3.04 billion
• Net Margins: 11.06%
• Pretax Margin: 15.17%
• Return on Equity: 14.90%
• Return on Assets: 5.07%

Debt

• Debt-to-Equity Ratio: 1.35
• Current Ratio: 0.59
• Quick Ratio: 0.46

Sales & Book Value

• Annual Sales: $27.95 billion
• Price / Sales: 1.68
• Cash Flow: $7.21 per share
• Price / Cash Flow: 10.37
• Book Value: $34.78 per share
• Price / Book: 2.15

Miscellaneous

• Outstanding Shares: 629,756,000
• Free Float: 628,434,000
• Market Cap: $47.07 billion
• Optionable: Optionable
• Beta: 0.99