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OKE Overview

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$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
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Intellectia

Loading chart...

High
85.930
Open
85.510
VWAP
85.44
Vol
3.15M
Mkt Cap
54.01B
Low
84.625
Amount
269.51M
EV/EBITDA(TTM)
11.74
Total Shares
629.78M
EV
86.15B
EV/OCF(TTM)
15.39
P/S(TTM)
1.58
ONEOK, Inc. is a midstream operator that provides gathering, processing, fractionation, transportation, storage and marine export services. The Company's segments include Natural Gas Gathering and Processing; Natural Gas Liquids; Natural Gas Pipelines, and Refined Products and Crude. The Natural Gas Gathering and Processing segment provides midstream services to producers in the Rocky Mountain region, the Mid-Continent region, the Permian Basin region and the North Texas region. The Natural Gas Liquids segment owns and operates facilities that gather, fractionate, treat and distribute natural gas liquids (NGLs) and store Purity NGLs, primarily in the Rocky Mountain region, Mid-Continent region, Permian Basin and Gulf Coast region (including Louisiana). The Natural Gas Pipelines segment transports, stores and markets natural gas. The Refined Products and Crude segment gathers, transports, stores, distributes, blends and markets refined products and crude oil.
Show More

Events Timeline

(ET)
2026-02-23
16:30:00
Company Sees FY26 Adjusted EBITDA of $7.9B to $8.3B
select
2026-02-23
16:30:00
ONEOK Reports Q4 Adjusted EBITDA of $2.15B
select

News

Newsfilter
1.0
03-03Newsfilter
ONEOK to Hold 2026 Annual Shareholders Meeting Virtually
  • Meeting Schedule: ONEOK will hold its annual shareholders meeting on May 20, 2026, at 9 a.m. Central Time, with shareholders of record as of March 23, 2026, entitled to vote, ensuring active participation in corporate governance.
  • Virtual Format: The meeting will be conducted virtually, allowing shareholders to register online starting April 1, 2026, using their control number found in proxy materials, reflecting the company's commitment to modern technology and shareholder convenience.
  • Company Overview: ONEOK is a leading midstream operator with approximately 60,000 miles of pipeline, providing transportation services for natural gas, NGLs, refined products, and crude oil, meeting domestic and international energy demands while enhancing energy security.
  • Strategic Significance: As one of North America's largest integrated energy infrastructure companies, ONEOK's operations not only support energy supply in the U.S. and globally but also play a crucial role in advancing sustainable energy solutions, showcasing its leadership in the industry.
Fool
8.0
03-03Fool
Analysis of High-Yield Stock Investment Opportunities
  • EPR Properties Growth Potential: EPR Properties, a REIT focused on experiential properties, grew its funds from operations (FFO) by 5.1% last year and plans to invest $400 million to $500 million in new properties this year, which is expected to support continued low-to-mid single-digit annual dividend growth.
  • Stable Dividend Yield: EPR Properties has increased its dividend yield to approximately 5.9%, ensuring a reliable passive income source for shareholders through stable rental income and new property investments, thereby enhancing its market competitiveness.
  • Oneok's Cash Flow Stability: As a leading pipeline company, Oneok achieved double-digit earnings growth last year, primarily driven by acquisitions and organic expansion projects, which allowed it to increase its dividend by 4%, boosting its yield to 5%.
  • Future Growth Outlook: Although Oneok expects its growth rate to slow this year, its six high-return organic growth projects under construction are anticipated to enter commercial service between 2026 and 2028, supporting future dividend growth and ensuring long-term cash flow stability.
NASDAQ.COM
8.0
03-03NASDAQ.COM
EPR Properties and Oneok Increase Dividends
  • EPR Properties Dividend Increase: EPR Properties raised its monthly dividend by 5.1%, driven by a 5.1% growth in funds from operations last year, primarily from rent growth and a $288.5 million investment in new properties, enhancing its stable cash flow and investment capacity.
  • Oneok Dividend Boost: Oneok increased its dividend by 4% for 2026, supported by stable cash flows from long-term fixed contracts and government-regulated rate structures; although growth is expected to slow this year, six high-return organic growth projects under construction are anticipated to support future dividend increases.
  • Attractive High-Yield Investments: EPR Properties and Oneok offer dividend yields of 5.9% and 5%, respectively, appealing to investors seeking passive income, particularly in the current economic climate where stable cash flows and growth potential make them ideal investment choices.
  • Future Growth Outlook: EPR Properties plans to invest $400 million to $500 million in new properties this year, while Oneok is pursuing additional expansion opportunities to meet rising gas demand, with these strategic investments further solidifying both companies' market positions in their respective sectors.
Fool
8.5
03-03Fool
MPLX Units Surge Over 20% to $60 Amid Growth Initiatives
  • Unit Price Surge: MPLX's unit price has soared over 20% since bottoming out last fall, rising from below $50 to around $60, primarily driven by higher oil prices and expansion initiatives, reflecting strong market confidence in its growth potential.
  • Solid Financial Performance: The MLP generated over $7 billion in adjusted EBITDA over the past year, up nearly 4% from 2024, indicating stable profitability and growth potential, even though it sits at the low end of its mid-single-digit growth target.
  • Expansion Investment Plans: MPLX invested $5.5 billion in growth initiatives last year and plans to allocate another $2.4 billion this year, with ongoing expansion projects expected to come online in the coming years, further driving revenue growth.
  • Buybacks and Structural Adjustment: Last year, MPLX completed $400 million in unit repurchases, having retired nearly 2% of its outstanding units over the past five years, and future buybacks could accelerate earnings per unit growth, while considering a transition to a corporate structure to enhance valuation competitiveness.
NASDAQ.COM
9.5
03-03NASDAQ.COM
MPLX Expects Mid-Single-Digit Annual Growth
  • Earnings Growth Outlook: MPLX anticipates achieving a mid-single-digit annual growth rate in the coming years, with last year's adjusted EBITDA exceeding $7 billion, reflecting a nearly 4% increase, indicating the company's potential for stable growth.
  • Unit Buyback Strategy: The MLP completed $400 million in unit repurchases last year and has retired nearly 2% of its outstanding units over the past five years, which not only offsets dilution from newly issued units but also could accelerate earnings per unit growth.
  • Expansion Investments: The company invested $5.5 billion in growth initiatives last year and plans to allocate another $2.4 billion this year, with expansion projects expected to come online in the coming years, further driving earnings growth.
  • Structural Adjustment Potential: If MPLX transitions to a corporate structure, it could enhance its valuation multiples, making its dividend yield more competitive with large pipeline companies, as it currently offers a distribution yield exceeding 7%, significantly higher than competitors' yields ranging from 2.8% to 5.2%.
seekingalpha
4.0
02-25seekingalpha
ONEOK Downgraded Amid Weak Q4 and 2026 Guidance
  • Rating Downgrade: Wolfe downgraded ONEOK from Outperform to Peer Perform due to the company's weak Q4 performance and disappointing FY 2026 guidance, indicating growth challenges in a low commodity price environment.
  • Limited Growth Outlook: Analyst Keith Stanley noted that despite $150 million in new synergies, ONEOK's FY 2026 EBITDA is expected to remain flat year-over-year, with core NGL and G&P segment volumes projected to be roughly flat, limiting significant growth in a $60 oil price scenario.
  • Competitive Pressure: With investors increasingly focused on growth leaders, ONEOK faces heightened competitive pressure, particularly if oil prices do not rebound, and is projected to encounter approximately $100 million in headwinds in 2027 due to narrowing Permian gas spreads.
  • Return Target Not Met: Although ONEOK offers a 5% yield, the combination of a 3%-4% EBITDA compound annual growth rate from 2025 to 2028 fails to meet the desired total return target of over 10% for most stocks, reflecting investor concerns about its future performance.
Wall Street analysts forecast OKE stock price to rise
12 Analyst Rating
Wall Street analysts forecast OKE stock price to rise
7 Buy
5 Hold
0 Sell
Moderate Buy
Current: 0.000
sliders
Low
75.00
Averages
86.00
High
110.00
Current: 0.000
sliders
Low
75.00
Averages
86.00
High
110.00
Barclays
Theresa Chen
Equal Weight
maintain
$76 -> $82
AI Analysis
2026-03-06
Reason
Barclays
Theresa Chen
Price Target
$76 -> $82
AI Analysis
2026-03-06
maintain
Equal Weight
Reason
Barclays analyst Theresa Chen raised the firm's price target on Oneok to $82 from $76 and keeps an Equal Weight rating on the shares after meeting with management. Oneok's "diversified footprint and significant operating leverage position the company to capture upside from incremental gas demand across lower-tier basins over time," the analyst tells investors in a research note.
Stifel
analyst
Buy
downgrade
$94 -> $91
2026-02-25
Reason
Stifel
analyst
Price Target
$94 -> $91
2026-02-25
downgrade
Buy
Reason
Stifel lowered the firm's price target on Oneok to $91 from $94 and keeps a Buy rating on the shares. Oneok reported Q4 results in line with expectations and provided 2026 guidance that was below Street expectations and essentially flat with 2025, notes the analyst, who is viewing 2026 as a transition year and anticipates growth resuming in 2027.
Unlock Full Analyst Thesis, Get the complete breakdown of rating reason for OKE
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Valuation Metrics

The current forward P/E ratio for ONEOK Inc (OKE.N) is 12.64, compared to its 5-year average forward P/E of 14.77. For a more detailed relative valuation and DCF analysis to assess ONEOK Inc's fair value, Click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average PE
14.77
Current PE
12.64
Overvalued PE
16.54
Undervalued PE
13.00

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average EV/EBITDA
10.28
Current EV/EBITDA
9.31
Overvalued EV/EBITDA
11.42
Undervalued EV/EBITDA
9.15

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average PS
1.55
Current PS
1.34
Overvalued PS
1.90
Undervalued PS
1.20

Financials

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Whales Holding OKE

S
Sourcerock Group LLC
Holding
OKE
+33.33%
3M Return
H
Harvest Fund Advisors LLC
Holding
OKE
+18.84%
3M Return
K
Kayne Anderson Capital Advisors, L.P.
Holding
OKE
+17.56%
3M Return
T
Tortoise Capital Advisors, L.L.C.
Holding
OKE
+17.14%
3M Return
C
Chickasaw Capital Management, LLC
Holding
OKE
+17.13%
3M Return
E
Energy Income Partners LLC
Holding
OKE
+16.82%
3M Return

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Frequently Asked Questions

What is ONEOK Inc (OKE) stock price today?

The current price of OKE is 85.76 USD — it has increased 1.28

What is ONEOK Inc (OKE)'s business?

ONEOK, Inc. is a midstream operator that provides gathering, processing, fractionation, transportation, storage and marine export services. The Company's segments include Natural Gas Gathering and Processing; Natural Gas Liquids; Natural Gas Pipelines, and Refined Products and Crude. The Natural Gas Gathering and Processing segment provides midstream services to producers in the Rocky Mountain region, the Mid-Continent region, the Permian Basin region and the North Texas region. The Natural Gas Liquids segment owns and operates facilities that gather, fractionate, treat and distribute natural gas liquids (NGLs) and store Purity NGLs, primarily in the Rocky Mountain region, Mid-Continent region, Permian Basin and Gulf Coast region (including Louisiana). The Natural Gas Pipelines segment transports, stores and markets natural gas. The Refined Products and Crude segment gathers, transports, stores, distributes, blends and markets refined products and crude oil.

What is the price predicton of OKE Stock?

Wall Street analysts forecast OKE stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for OKE is86.00 USD with a low forecast of 75.00 USD and a high forecast of 110.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

What is ONEOK Inc (OKE)'s revenue for the last quarter?

ONEOK Inc revenue for the last quarter amounts to 9.06B USD, increased 29.50

What is ONEOK Inc (OKE)'s earnings per share (EPS) for the last quarter?

ONEOK Inc. EPS for the last quarter amounts to 1.55 USD, decreased -1.27

How many employees does ONEOK Inc (OKE). have?

ONEOK Inc (OKE) has 6326 emplpoyees as of March 12 2026.

What is ONEOK Inc (OKE) market cap?

Today OKE has the market capitalization of 54.01B USD.