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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
84.875
Open
84.410
VWAP
84.34
Vol
1.59M
Mkt Cap
52.78B
Low
83.360
Amount
134.23M
EV/EBITDA(TTM)
11.67
Total Shares
630.03M
EV
85.61B
EV/OCF(TTM)
15.29
P/S(TTM)
1.56
ONEOK, Inc. is a midstream operator that provides gathering, processing, fractionation, transportation, storage and marine export services. Its 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, and the Permian Basin region. The Natural Gas Liquids segment gathers, treats, fractionates and transports natural gas liquids (NGLs) and stores, markets and distributes Purity NGLs. It provides midstream services to producers of NGLs in the Rocky Mountain region, Mid-Continent region, Permian Basin and Gulf Coast region and delivers those products to the market. 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.
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Events Timeline

(ET)
2026-03-20
10:00:00
Dell Technologies Stock Rises to $163.03
select

News

Yahoo Finance
8.5
04-18Yahoo Finance
Analysis of NDIV ETF's Dual Income Strategy
  • Dual Income Sources: The NDIV ETF targets over 10% annualized total income by combining high-dividend energy and natural resource stocks with covered call options, appealing to investors seeking commodity exposure without sacrificing yield.
  • Distribution History Volatility: Monthly distributions ranged from $0.11 to $0.17 in 2024 and 2025, while February and March 2026 saw spikes to $0.27 and $0.30, reflecting income fluctuations directly tied to energy market volatility.
  • Commodity Volatility Dependency: NDIV's income is contingent on market volatility; while the covered call strategy enhances income during high volatility, it also introduces uncertainty regarding dividends from holdings like Petrobras and LyondellBasell.
  • Price Performance and Yield: NDIV shares have appreciated approximately 34% year-to-date and about 44% over the past year, indicating that investors have captured significant capital gains alongside income, with a current dividend yield near 5%.
Fool
7.5
04-15Fool
Surging Oil Prices and Pipeline Stocks Outlook
  • Oil Price Surge: Due to the war with Iran, WTI crude prices have jumped 60% to over $90 a barrel, providing a near-term windfall for oil producers, but prices are expected to cool as shipping through the Strait of Hormuz normalizes.
  • Pipeline Stock Advantage: Many pipeline companies operate under long-term fixed-rate contracts, ensuring stable earnings, making them ideal for long-term investment to secure steady dividend income amidst current high oil prices.
  • Enbridge Performance: Enbridge transports 30% of North America's oil, with over 98% of its earnings derived from government-regulated contracts, expecting a 3% growth in cash flow per share this year while raising dividends for 31 consecutive years, showcasing strong financial resilience.
  • Kinder Morgan Expansion: Kinder Morgan backs 96% of its cash flows with long-term contracts, plans to pay out 40% of its cash flow in dividends this year, and has $10 billion in expansion projects underway, expected to drive future earnings growth.
CNBC
2.0
04-15CNBC
Increased Uncertainty in Energy Markets Amid War
  • Strait of Hormuz Situation: The U.S. blockade of Iranian ports in the Strait of Hormuz has led to heightened uncertainty in the oil market, as any attack could cause oil prices to soar, reflecting the precarious nature of current geopolitical tensions.
  • Pipeline Developments: The construction of backup pipelines by Saudi Arabia and the UAE has halved the flow of shipborne oil through the Strait, with Saudi's capacity at 7 million barrels per day and UAE's at 1.5 million, reducing reliance on this critical chokepoint.
  • Focus on Energy Security: Investors are advised to concentrate on companies enhancing energy security, such as GE Vernova, whose stock has surged 51%, indicating strong market confidence in its long-term growth potential amidst ongoing uncertainties.
  • Optimism for Pipeline Companies: Kinder Morgan is highlighted as a top choice for oil and gas transport, boasting nearly 80,000 miles of pipeline; despite trading near all-time highs, demand for its core energy infrastructure remains robust, suggesting a favorable outlook for the sector.
Fool
8.5
04-13Fool
Energy Stocks Surge: Focus on Midstream Companies
  • Midstream Company Advantage: With the volatility of oil and gas prices, investors should focus on midstream companies like MPLX and Oneok, which generate stable profits by charging transportation fees, thus avoiding the risks associated with upstream and downstream price fluctuations.
  • MPLX Performance: MPLX operates over 10,000 miles of pipelines with a market cap of $57 billion and a current stock price of $55.68, having raised its dividend for 12 consecutive years; its projected distributable cash flow is expected to rise from $4.3 billion to $5.8 billion by 2025, indicating strong dividend capacity.
  • Oneok Growth Potential: Oneok operates more than 60,000 miles of pipelines with a market cap of $54 billion and a current stock price of $85.19; its adjusted EBITDA is projected to surge from $2.72 billion to $8.02 billion by 2025, with a forecasted 10% CAGR in earnings per share over the next three years.
  • Investment Appeal: In the current market environment, the high yields and stable cash flows of MPLX and Oneok make them ideal choices for conservative income investors, especially against the backdrop of skyrocketing energy demand.
seekingalpha
7.5
04-13seekingalpha
ONEOK Reverses Fuel Flow to Address Shortages
  • Fuel Transport Adjustment: ONEOK is currently shipping fuel from Oklahoma to Texas via its Magellan pipeline, reversing the typical northbound flow from Texas to Oklahoma to address rising global shortages.
  • Inventory Decline Response: This move comes as fuel inventories along the U.S. Gulf Coast have dwindled, aiming to meet export demand amid supply constraints exacerbated by the Middle East conflict.
  • Record Jet Fuel Exports: According to the latest report from the U.S. Energy Information Administration, jet fuel exports have risen for the fifth consecutive week, reaching 442,000 barrels per day, marking the highest level on record and indicating strong market demand.
  • Customer-Centric Strategy: A ONEOK spokesperson stated that the company works closely with customers to adjust transportation strategies as needed, ensuring supply to key markets and demonstrating adaptability in a dynamic market environment.
Fool
8.5
04-02Fool
Energy Stocks Surge Amid Oil Price Volatility
  • Oil Price Surge Impact: Oil prices soared over 75% in Q1 due to the war with Iran, driving a more than 35% increase in average energy stocks within the S&P 500, significantly outperforming the nearly 5% decline in the broader market, highlighting the strength of the energy sector.
  • Stability of Energy Transfer: Energy Transfer (ET) has risen over 15% year-to-date, although it gained only about 3% over the past 12 months; with 90% of its earnings from stable fee-based sources, it maintains profitability amid oil price fluctuations while offering a nearly 7% distribution yield.
  • Growth Potential of Oneok: Oneok (OKE) has increased over 20% this year, despite a nearly 10% decline over the past year; with 85%-90% of its earnings from fee-based sources, it ensures relatively stable cash flow and plans for a 3%-4% annual dividend increase, demonstrating long-term investment value.
  • Low-Risk Investment Opportunities: The strong performance of Energy Transfer and Oneok in the energy sector positions them as compelling investment opportunities in April, as their stable cash flows and high-yielding dividend strategies enable them to thrive even if oil prices decline following a resolution to the conflict with Iran.
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
Scotiabank
Outperform
maintain
$91 -> $92
AI Analysis
2026-04-13
Reason
Scotiabank
Price Target
$91 -> $92
AI Analysis
2026-04-13
maintain
Outperform
Reason
Scotiabank raised the firm's price target on Oneok to $92 from $91 and keeps an Outperform rating on the shares. The firm is updating its price targets for U.S. Midstream stocks under its coverage, the analyst tells investors. The elevated commodity price environment is resulting to a more muted impact to FY26 earnings compared to expectations, the analyst adds. Despite the sharp increase in prices, Scotiabank maintains the view that upstream development activity likely remains unchanged this year.
JPMorgan
Jeremy Tonet
Neutral
maintain
$85 -> $91
2026-04-08
Reason
JPMorgan
Jeremy Tonet
Price Target
$85 -> $91
2026-04-08
maintain
Neutral
Reason
JPMorgan analyst Jeremy Tonet raised the firm's price target on Oneok to $91 from $85 and keeps a Neutral rating on the shares. The firm updated the company's model ahead of the Q1 report, saying winter storm Fern amplified seasonal weakness in the quarter.
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 14.99, compared to its 5-year average forward P/E of 14.58. 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
14.58
Current PE
14.99
Overvalued PE
16.52
Undervalued PE
12.65

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
10.29
Current EV/EBITDA
11.15
Overvalued EV/EBITDA
11.41
Undervalued EV/EBITDA
9.16

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
1.54
Current PS
1.46
Overvalued PS
1.89
Undervalued PS
1.20

Financials

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Whales Holding OKE

S
Sourcerock Group LLC
Holding
OKE
+26.83%
3M Return
T
Texas Yale Capital Corp.
Holding
OKE
+22.06%
3M Return
R
Recurrent Investment Advisors LLC
Holding
OKE
+17.59%
3M Return
A
Aventail Capital Group, LP
Holding
OKE
+12.22%
3M Return
H
Harvest Fund Advisors LLC
Holding
OKE
+11.37%
3M Return
K
Kayne Anderson Capital Advisors, L.P.
Holding
OKE
+11.00%
3M Return

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Frequently Asked Questions

What is ONEOK Inc (OKE) stock price today?

The current price of OKE is 84.78 USD — it has increased 1.19

What is ONEOK Inc (OKE)'s business?

ONEOK, Inc. is a midstream operator that provides gathering, processing, fractionation, transportation, storage and marine export services. Its 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, and the Permian Basin region. The Natural Gas Liquids segment gathers, treats, fractionates and transports natural gas liquids (NGLs) and stores, markets and distributes Purity NGLs. It provides midstream services to producers of NGLs in the Rocky Mountain region, Mid-Continent region, Permian Basin and Gulf Coast region and delivers those products to the market. 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 April 21 2026.

What is ONEOK Inc (OKE) market cap?

Today OKE has the market capitalization of 52.78B USD.