ONEOK Company Profile (NYSE:OKE)


ONEOK logoONEOK, Inc. is an energy midstream service provider in the United States. The Company owns and operates natural gas liquids (NGL) systems, and is engaged in the gathering, processing, storage and transportation of natural gas. THe Company's operations include a 38,000-mile integrated network of NGL and natural gas pipelines, processing plants, fractionators and storage facilities in the Mid-Continent, Williston, Permian and Rocky Mountain regions. The Company operates through three business segments. The Natural Gas Gathering and Processing segment provides midstream services to contracted producers in North Dakota, Montana, Wyoming, Kansas and Oklahoma. The Natural Gas Liquids segment owns and operates facilities that gather, fractionate, treat and distribute NGLs and store NGL products primarily in the Mid-Continental, Permian Basin and the Rocky Mountain regions. The Natural Gas Pipelines segment provides transportation and storage services to end users.

Industry, Sector and Symbol:
  • Sector: Utilities
  • Industry: Oil & Gas Transportation Services - NEC
  • Sub-Industry: Gas Utilities
  • Symbol: NYSE:OKE
  • CUSIP: 68268010
  • Web:
  • Market Cap: $11.94 billion
  • Outstanding Shares: 210,909,000
Average Prices:
  • 50 Day Moving Avg: $51.38
  • 200 Day Moving Avg: $53.18
  • 52 Week Range: $42.79 - $59.47
  • Trailing P/E Ratio: 33.19
  • Foreward P/E Ratio: 25.50
  • P/E Growth: 0.86
Sales & Book Value:
  • Annual Revenue: $9.9 billion
  • Price / Sales: 1.21
  • Book Value: $1.13 per share
  • Price / Book: 50.11
  • Annual Dividend: $2.46
  • Dividend Yield: 4.4%
  • EBIDTA: $1.68 billion
  • Net Margins: 3.60%
  • Return on Equity: 10.33%
  • Return on Assets: 2.23%
  • Debt-to-Equity Ratio: 2.28%
  • Current Ratio: 0.50%
  • Quick Ratio: 0.43%
  • Average Volume: 4.44 million shs.
  • Beta: 1.3
  • Short Ratio: 7.51
Frequently Asked Questions for ONEOK (NYSE:OKE)

What is ONEOK's stock symbol?

ONEOK trades on the New York Stock Exchange (NYSE) under the ticker symbol "OKE."

How often does ONEOK pay dividends? What is the dividend yield for ONEOK?

ONEOK declared a quarterly dividend on Wednesday, July 26th. Shareholders of record on Monday, August 7th will be paid a dividend of $0.745 per share on Monday, August 14th. This represents a $2.98 annualized dividend and a yield of 5.26%. The ex-dividend date is Thursday, August 3rd. This is an increase from ONEOK's previous quarterly dividend of $0.62. View ONEOK's Dividend History.

How were ONEOK's earnings last quarter?

ONEOK, Inc. (NYSE:OKE) announced its quarterly earnings results on Tuesday, May, 2nd. The company reported $0.41 EPS for the quarter, missing analysts' consensus estimates of $0.45 by $0.04. The firm had revenue of $2.75 billion for the quarter, compared to analyst estimates of $2.82 billion. ONEOK had a return on equity of 10.33% and a net margin of 3.60%. View ONEOK's Earnings History.

Where is ONEOK's stock going? Where will ONEOK's stock price be in 2017?

12 brokerages have issued 1-year price targets for ONEOK's stock. Their predictions range from $48.00 to $63.00. On average, they expect ONEOK's stock price to reach $56.64 in the next twelve months. View Analyst Ratings for ONEOK.

What are analysts saying about ONEOK stock?

Here are some recent quotes from research analysts about ONEOK stock:

  • 1. According to Zacks Investment Research, "ONEOK Inc. is poised to gain from increased drilling activities in the basin where this company has well placed assets. The increase in fee-based earnings, merger transaction with ONEOK Partners, capital-growth projects and increasing drilling activities from the producers will further boost the performance of this company. Shares of ONEOK Inc. have gained more than the broader industry in the last one year. However, strict regulations and intensifying competition in midstream energy services are the major concerns for the company. Further, rising debt levels amid the rising interest environment pose risks to the company." (7/14/2017)
  • 2. Jefferies Group LLC analysts commented, "We have updated our OKE model to reflect the pending OKS acquisition; the deal will create a ~$14B basis step-up, shielding OKE from Fed cash taxes through ~2021 & permitting accelerated dividend growth. These have positive valuation effects & shares have lagged the AMZ by ~10% since our Jan downgrade so we lift our PT to $51 & upgrade to Hold; however, we note OKE's lofty EBITDA multiple & remain below the mid-point of mgmt's 2017 guidance." (2/23/2017)

Are investors shorting ONEOK?

ONEOK saw a decrease in short interest during the month of July. As of July 14th, there was short interest totalling 15,622,422 shares, a decrease of 35.9% from the June 30th total of 24,364,024 shares. Based on an average daily trading volume, of 9,384,317 shares, the days-to-cover ratio is presently 1.7 days. Currently, 4.1% of the company's stock are short sold.

Who are some of ONEOK's key competitors?

Who are ONEOK's key executives?

ONEOK's management team includes the folowing people:

  • Terry K. Spencer, President, Chief Executive Officer, Director of the Company and Oneok Partners
  • Walter S. Hulse III, Chief Financial Officer, Executive Vice President - Strategic Planning and Corporate Affairs
  • Kevin L. Burdick, Chief Operating Officer, Executive Vice President
  • Robert F. Martinovich, Executive Vice President, Chief Administrative Officer
  • Derek S. Reiners CPA, Senior Vice President - Finance, Treasurer
  • Stephen W. Lake, Senior Vice President, General Counsel, Assistant Secretary of the Company and Oneok Partners
  • Michael A. Fitzgibbons, Senior Vice President - Natural Gas Gathering and Processing
  • Sheppard F. Miers III, Chief Accounting Officer, Vice President of the Company and Oneok Partners
  • John William Gibson, Non-Executive Chairman of the Board
  • James W. Mogg, Lead Independent Director

Who owns ONEOK stock?

ONEOK's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Eagle Global Advisors LLC (1.03%), Miller Howard Investments Inc. NY (0.42%), Russell Investments Group Ltd. (0.33%), Bank of Montreal Can (0.26%), Viking Fund Management LLC (0.12%) and APG Asset Management N.V. (0.10%). Company insiders that own ONEOK stock include Brian L Derksen, Eduardo A Rodriguez, Sheppard F Miers III and Walter S Hulse III. View Institutional Ownership Trends for ONEOK.

Who sold ONEOK stock? Who is selling ONEOK stock?

ONEOK's stock was sold by a variety of institutional investors in the last quarter, including First Quadrant L P CA, NN Investment Partners Holdings N.V., Gateway Investment Advisers LLC, Oregon Public Employees Retirement Fund, Nisa Investment Advisors LLC, Miller Howard Investments Inc. NY, Visionary Asset Management Inc. and Exxonmobil Investment Management Inc. TX. View Insider Buying and Selling for ONEOK.

Who bought ONEOK stock? Who is buying ONEOK stock?

ONEOK's stock was acquired by a variety of institutional investors in the last quarter, including Russell Investments Group Ltd., Bank of Montreal Can, Forsta AP Fonden, Chevy Chase Trust Holdings Inc., Bollard Group LLC, Great West Life Assurance Co. Can, Viking Fund Management LLC and Personal Capital Advisors Corp. Company insiders that have bought ONEOK stock in the last two years include Brian L Derksen and Walter S Hulse III. View Insider Buying and Selling for ONEOK.

How do I buy ONEOK stock?

Shares of ONEOK can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is ONEOK's stock price today?

One share of ONEOK stock can currently be purchased for approximately $56.62.

MarketBeat Community Rating for ONEOK (NYSE OKE)
Community Ranking:  1.9 out of 5 ()
Outperform Votes:  176 (Vote Outperform)
Underperform Votes:  291 (Vote Underperform)
Total Votes:  467
MarketBeat's community ratings are surveys of what our community members think about ONEOK and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for ONEOK (NYSE:OKE) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 7 Hold Ratings, 5 Buy Ratings
Consensus Rating:Hold (Score: 2.42)
Consensus Price Target: $56.64 (0.03% upside)

Analysts' Ratings History for ONEOK (NYSE:OKE)
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
7/5/2017Morgan StanleyDowngradeOverweight -> Equal Weight$54.00HighView Rating Details
7/5/2017BMO Capital MarketsUpgradeMarket Perform -> Outperform$53.00 -> $59.00HighView Rating Details
6/26/2017Stifel NicolausInitiated CoverageHold$48.00HighView Rating Details
6/21/2017ArgusUpgradeHold -> Buy$55.00LowView Rating Details
6/16/2017Jefferies Group LLCSet Price TargetHold$51.00MediumView Rating Details
5/12/2017Royal Bank Of CanadaReiterated RatingHold$58.00MediumView Rating Details
4/17/2017GuggenheimInitiated CoverageBuy$62.00LowView Rating Details
2/4/2017Piper Jaffray CompaniesUpgradeBuy$63.00N/AView Rating Details
2/2/2017Credit Suisse GroupUpgradeNeutral -> Outperform$63.00N/AView Rating Details
1/25/2017Citigroup Inc.DowngradeBuy -> NeutralN/AView Rating Details
12/13/2016Barclays PLCDowngradeOverweight -> Equal Weight$49.00 -> $58.00N/AView Rating Details
10/10/2016Deutsche Bank AGUpgradeSell -> Hold$49.00 -> $52.00N/AView Rating Details
5/18/2016US Capital AdvisorsDowngradeOverweight -> HoldN/AView Rating Details
5/5/2016Goldman Sachs Group, Inc. (The)Boost Price TargetNeutral$28.00 -> $32.00N/AView Rating Details
4/2/2016SimmonsInitiated CoverageHoldN/AView Rating Details
2/8/2016Robert W. BairdDowngradeOutperform -> Neutral$28.00 -> $24.00N/AView Rating Details
1/22/2016Oppenheimer Holdings, Inc.DowngradeOutperform -> Market PerformN/AView Rating Details
(Data available from 7/27/2015 forward)


Earnings History for ONEOK (NYSE:OKE)
Earnings by Quarter for ONEOK (NYSE:OKE)
Earnings History by Quarter for ONEOK (NYSE OKE)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
5/2/2017Q1 2017$0.45$0.41$2.82 billion$2.75 billionViewListenView Earnings Details
2/27/2017Q416$0.46$0.43$2.51 billion$2.65 billionViewN/AView Earnings Details
11/1/2016Q316$0.45$0.43$2.08 billion$2.36 billionViewN/AView Earnings Details
8/2/2016Q216$0.43$0.40$2.06 billion$2.13 billionViewN/AView Earnings Details
5/3/2016Q116$0.41$0.40$1.95 billion$1.77 billionViewN/AView Earnings Details
2/22/2016Q415$0.48$0.12$2.29 billion$1.93 billionViewListenView Earnings Details
11/3/2015Q315$0.40$0.41$2.46 billion$1.90 billionViewListenView Earnings Details
8/4/2015Q215$0.35$0.36$2.60 billion$2.13 billionViewListenView Earnings Details
5/5/2015Q115$0.36$0.29$2.71 billion$1.81 billionViewListenView Earnings Details
2/23/2015Q4 14$0.35$0.35$3.41 billion$2.84 billionViewListenView Earnings Details
11/4/2014Q314$0.63$0.40$3.71 billion$3.12 billionViewN/AView Earnings Details
8/5/2014Q214$0.36$0.33$3.46 billion$3.07 billionViewListenView Earnings Details
5/6/2014Q214$0.38$0.45$3.40 billion$3.16 billionViewListenView Earnings Details
2/24/2014Q114$0.68$0.43$4.01 billionViewN/AView Earnings Details
11/5/2013Q413$0.29$0.35$3.60 billionViewN/AView Earnings Details
7/30/2013Q2 2013$0.28$0.34$3.27 billionViewN/AView Earnings Details
4/30/2013Q1 2013$0.60$0.54$3.75 billionViewN/AView Earnings Details
2/25/2013Q4 2012$0.46$0.53$3.31 billionViewN/AView Earnings Details
10/30/2012$0.32$0.31ViewN/AView Earnings Details
7/31/2012$0.33$0.29ViewN/AView Earnings Details
5/1/2012$1.35$1.16ViewN/AView Earnings Details
11/1/2011$0.55$0.57ViewN/AView Earnings Details
8/2/2011$0.54$0.51ViewN/AView Earnings Details
5/3/2011$1.32$1.19ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)


Earnings Estimates for ONEOK (NYSE:OKE)
2017 EPS Consensus Estimate: $2.15
2018 EPS Consensus Estimate: $2.61
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20172$0.36$0.76$0.56
Q2 20172$0.33$0.42$0.38
Q3 20172$0.44$0.75$0.60
Q4 20172$0.45$0.78$0.62
Q1 20182$0.44$0.82$0.63
Q2 20182$0.45$0.82$0.64
Q3 20182$0.47$0.84$0.66
Q4 20182$0.50$0.88$0.69
(Data provided by Zacks Investment Research)


Current Dividend Information for ONEOK (NYSE:OKE)
Next Dividend:8/14/2017
Annual Dividend:$2.46
Dividend Yield:4.34%
Dividend Growth:18.50% (3 Year Average)
Payout Ratio:147.31% (Trailing 12 Months of Earnings)
118.27% (Based on This Year's Estimates)
110.81% (Based on Next Year's Estimates)
Track Record:14 Years of Consecutive Dividend Growth
Dividend Payments by Quarter for ONEOK (NYSE:OKE)

Dividend History by Quarter for ONEOK (NYSE OKE)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for ONEOK (NYSE:OKE)
Insider Ownership Percentage: 0.90%
Institutional Ownership Percentage: 80.89%
Insider Trades by Quarter for ONEOK (NYSE:OKE)
Institutional Ownership by Quarter for ONEOK (NYSE:OKE)
Insider Trades by Quarter for ONEOK (NYSE:OKE)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
6/16/2017Eduardo A RodriguezDirectorSell2,000$50.34$100,680.00View SEC Filing  
3/17/2016Brian L DerksenDirectorBuy1,800$30.33$54,594.00View SEC Filing  
3/4/2016Sheppard F Miers IIICAOSell3,900$27.51$107,289.00View SEC Filing  
12/24/2015Walter S Hulse IIIEVPBuy15,000$23.98$359,700.00View SEC Filing  
5/8/2015Eduardo A RodriguezDirectorSell3,700$44.74$165,538.00View SEC Filing  
3/19/2015Sheppard F Miers IIICAOSell3,000$46.84$140,520.00View SEC Filing  
5/21/2014Eduardo RodriguezDirectorSell1,900$63.51$120,669.00View SEC Filing  
5/19/2014Wesley John ChristensenSVPSell11,693$62.27$728,123.11View SEC Filing  
8/9/2013Eduardo RodriguezDirectorSell1,900$52.57$99,883.00View SEC Filing  
(Data available from 1/1/2013 forward)


Headline Trends for ONEOK (NYSE:OKE)
Latest Headlines for ONEOK (NYSE:OKE)
DateHeadline logoONEOK’s 2Q17 Earnings Are Expected to Rise 14% - July 27 at 6:02 AM logoWhat’s ONEOK’s Expected Segmental Performance in 2Q17? - July 27 at 6:02 AM logoONEOK Announces 21 Percent Quarterly Dividend Increase - July 27 at 6:02 AM logoONEOK, Inc. (OKE) to Issue $0.13 Quarterly Dividend - July 26 at 5:31 PM logo4 Reasons ONEOK, Inc. Is a Better Dividend Stock Than Targa Resources Corp. - Motley Fool - July 21 at 5:28 AM logo4 Reasons ONEOK, Inc. Is a Better Dividend Stock Than Targa Resources Corp. - July 19 at 2:21 PM logoONEOK Announces Lake Retirement; Allen Assumes Responsibilities - PR Newswire (press release) - July 19 at 5:52 AM logoONEOK Announces Lake Retirement; Allen Assumes Responsibilities - July 19 at 12:48 AM logoONEOK Reaches Analyst Target Price - July 17 at 11:36 AM logoONEOK, Inc. to Post FY2018 Earnings of $1.83 Per Share, Jefferies Group Forecasts (OKE) - July 17 at 10:57 AM logoONEOK, Inc. (OKE) Given Consensus Rating of "Hold" by Analysts - July 14 at 8:23 PM logoONEOK, Inc. (OKE) Stock Rating Upgraded by Zacks Investment Research - July 14 at 1:57 PM logoONEOK, Inc. to Post FY2017 Earnings of $2.08 Per Share, Jefferies Group Forecasts (OKE) - July 14 at 12:42 PM logoONEOK Second-quarter 2017 Conference Call and Webcast Scheduled - July 13 at 7:39 AM logoInvestors Buy Large Volume of ONEOK Call Options (OKE) - July 12 at 7:08 AM logoONEOK Announces $1.2 Billion Notes Offering - July 11 at 6:22 AM logoONEOK, Inc. (NYSE:OKE) Upgraded to "Outperform" by BMO Capital Markets - July 9 at 9:40 PM logoThe Hot Stock: Oneok Climbs 3.6% - July 7 at 7:52 AM logoONEOK Sees Unusually High Options Volume (OKE) - July 7 at 7:14 AM logo Brokerages Expect ONEOK, Inc. (NYSE:OKE) Will Post Quarterly Sales of $2.55 Billion - July 6 at 11:50 AM logoWith Its Business Derisked, Is It Okay To Invest In ONEOK? - July 6 at 7:38 AM logoONEOK upgraded at BMO as concerns about weakening oil prices "overblown" - July 5 at 4:35 PM logoMorgan Stanley Lowers ONEOK, Inc. (NYSE:OKE) to Equal Weight - July 5 at 9:12 AM logoONEOK: An Attractive Stock For Various Investors - July 5 at 9:11 AM logo Analysts Expect ONEOK, Inc. (NYSE:OKE) to Post $0.54 Earnings Per Share - July 4 at 11:16 AM logoETFs with exposure to ONEOK, Inc. : June 30, 2017 - July 1 at 6:20 AM logoTortoise Index Solutions Announces Constituent Change Due to Merger and Acquisition Activity - June 30 at 2:52 AM logoONEOK, Inc. breached its 50 day moving average in a Bullish Manner : OKE-US : June 29, 2017 - June 30 at 2:52 AM logoA Look at Williams Partners’ Technical Indicators - June 28 at 2:32 PM logoONEOK, Inc. (OKE) Upgraded by BidaskClub to "Sell" - June 27 at 10:52 PM logoONEOK, Inc. (OKE) Rating Lowered to Sell at Zacks Investment Research - June 27 at 2:52 PM logoONEOK, Inc. (OKE) Coverage Initiated by Analysts at Stifel Nicolaus - June 26 at 8:48 AM logoStifel Starts ONEOK Inc (OKE) at Hold, Bakken Volumes Temper Enthusiasm - - June 26 at 8:34 AM logoSwank Capital and Cushing Asset Management Announce Potential Constituent Changes to The Cushing MLP High Income Index - June 23 at 7:38 PM logoImproving Fundamentals, Bottom Line Stability Among The Reasons For ONEOK Upgrade - June 23 at 8:46 AM logoArgus Upgrades ONEOK Inc (OKE) to Buy - - - June 22 at 6:37 AM logoArgus Upgrades ONEOK, Inc. (OKE) to Buy - June 21 at 8:16 AM logoETFs with exposure to ONEOK, Inc. : June 20, 2017 - June 20 at 8:10 PM logoONEOK, Inc. (OKE) Given Consensus Rating of "Hold" by Brokerages - June 19 at 8:50 PM logoONEOK, Inc. :OKE-US: Earnings Analysis: Q1, 2017 By the Numbers : June 19, 2017 - June 19 at 7:41 PM logoInsider Selling: ONEOK, Inc. (OKE) Director Sells 2,000 Shares of Stock - June 19 at 4:29 PM logoONEOK to Expand Infrastructure to Serve STACK Growth - June 19 at 10:52 AM logoJefferies Group LLC Reaffirms Hold Rating for ONEOK, Inc. (OKE) - June 17 at 7:26 AM logoUPDATE: UBS Upgrades ONEOK Inc (OKE) to Buy, PT Raised to $59; 'Attractive Metrics with Opportunities' - June 15 at 4:05 AM logoUPDATE: UBS Upgrades ONEOK Inc (OKE) to Buy, PT Raised to $59; 'Attractive Metrics with Opportunities' - - June 14 at 11:04 PM logo$2.55 Billion in Sales Expected for ONEOK, Inc. (OKE) This Quarter - June 10 at 9:48 AM logo$0.46 Earnings Per Share Expected for ONEOK, Inc. (OKE) This Quarter - June 8 at 10:48 AM logoWhy Is ONEOK (OKE) Down 4.7% Since the Last Earnings Report? - Nasdaq - June 5 at 8:34 AM logoWhy Is ONEOK (OKE) Down 4.7% Since the Last Earnings Report? - June 5 at 8:34 AM logoThese 3 Hated Dividend Stocks Are Buys - May 25 at 9:13 AM



ONEOK (OKE) Chart for Thursday, July, 27, 2017

This page was last updated on 7/27/2017 by Staff