ONEOK (OKE) Stock Price, News & Analysis

Company Overview

ONEOK, Inc. is a leading diversified energy company primarily engaged in the gathering, processing, storage and transportation of natural gas and natural gas liquids (NGLs) for wholesale customers. Through its integrated network of natural gas gathering systems and processing plants, the company collects raw natural gas and separates NGLs such as ethane, propane and butane for further distribution. ONEOK also operates a substantial NGL fractionation, storage and distribution business that ships products via pipelines, railcars, trucks and marine vessels to petrochemical plants, refineries and export terminals.

Founded in 1906 as Oklahoma Natural Gas Company, ONEOK has evolved into one of the largest midstream energy providers in North America. Headquartered in Tulsa, Oklahoma, the company’s operations span major U.S. hydrocarbon-producing regions, including the Mid-Continent, Rocky Mountain, Permian Basin and Eagle Ford shale plays. Over more than a century, ONEOK has expanded through strategic acquisitions and infrastructure investments to support growing demand for natural gas and NGLs across domestic and international markets.

ONEOK’s leadership team is focused on safely operating and expanding its midstream infrastructure to meet customer needs and capitalize on emerging energy trends. Charles S. Davis serves as president and chief executive officer, steering the company’s long‐term growth strategy and operational excellence initiatives. The board of directors, chaired by Theodore M. Kimbell, oversees governance and risk management policies. With its established network and experienced management, ONEOK continues to play a key role in transporting critical energy supplies to industrial, commercial and residential end users.

Key Stats

• Today's Range: $75.64 to $76.44
• 50-Day Range: $73.04 to $83.51
• 52-Week Range: $72.18 to $118.07
• Volume: 2.65 million shs
• Average Volume: 3.62 million shs
• Market Capitalization: $48.12 billion
• P/E Ratio: 14.89
• Dividend Yield: 5.39%
• Price Target: $100.60
• Consensus Rating: Moderate Buy

ONEOK Stock Analysis - MarketRank™

ONEOK scored higher than 98% of companies evaluated by MarketBeat, and ranked 5th 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 7 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 14.89, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 269.63.

Price to Earnings Ratio vs. Sector

The P/E ratio of ONEOK is 14.89, which means that it is trading at a less expensive P/E ratio than the Energy sector average P/E ratio of about 66.97.

Price to Earnings Growth Ratio

ONEOK has a PEG Ratio of 1.82. 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 2.02. 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 5.39%, 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: 3.0 / 5
• News Sentiment: 1.44

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 0.96 average news sentiment score of Energy companies.

News Coverage This Week

MarketBeat has tracked 25 news articles for ONEOK this week, compared to 25 articles on an average week.

Search Interest

85 people have searched for OKE on MarketBeat in the last 30 days. This is an increase of 89% compared to the previous 30 days.

MarketBeat Follows

Only 16 people have added ONEOK to their MarketBeat watchlist in the last 30 days. This is a decrease of -20% 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 0.20% 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 shares have decreased by 23.9% and is now trading at $76.4030.

How were ONEOK's earnings last quarter?

ONEOK, Inc. (NYSE:OKE) released its earnings results on Monday, August, 4th. The utilities provider reported $1.34 earnings per share for the quarter, beating analysts' consensus estimates 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 trailing twelve-month return on equity of 14.90% and a net margin of 11.06%.
Read the conference call transcript.

How will ONEOK's stock buyback program work?

ONEOK's Board of Directors authorized a stock repurchase plan on Wednesday, January 17th 2024, which permits the company to repurchase $2,000,000,000 in shares, according to EventVestor. This means that the company could purchase up to 4.9% of its stock through open market purchases. Stock buyback plans are typically a sign that the company's board believes its stock is undervalued.

Does ONEOK have any subsidiaries?

ONEOK subsidiaries include these companies: 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?

ONEOK's top institutional shareholders 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: 9/01/2025
• 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: $100.60
• High Price Target: $132.00
• Low Price Target: $82.00
• Potential Upside/Downside: +31.7%
• 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: 14.89
• Forward P/E Ratio: 15.07
• P/E Growth: 1.82
• 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: $21.70 billion
• Price / Sales: 2.22
• Cash Flow: $7.14 per share
• Price / Cash Flow: 10.70
• Book Value: $37.89 per share
• Price / Book: 2.02

Miscellaneous

• Outstanding Shares: 629,760,000
• Free Float: 628,496,000
• Market Cap: $48.12 billion
• Optionable: Optionable
• Beta: 1.04