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OKE Overview

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$
0.000
0.000(0.000%)
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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
87.920
Open
85.640
VWAP
87.02
Vol
5.72M
Mkt Cap
55.31B
Low
85.335
Amount
497.58M
EV/EBITDA(TTM)
11.62
Total Shares
630.03M
EV
87.27B
EV/OCF(TTM)
15.50
P/S(TTM)
1.53
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

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News

Fool
9.5
05-01Fool
Oneok Reports Strong Q1 Earnings Growth and Raises Outlook
  • Strong Financial Performance: Oneok reported a net income of $776 million for Q1, translating to $1.23 per share, marking a 12% year-over-year increase, indicating significant profitability under robust market conditions.
  • EBITDA Growth: The adjusted EBITDA rose 13% to $2 billion, reflecting strong demand in natural gas and refined product transportation, further solidifying the company's market position.
  • Optimistic Future Outlook: Oneok raised its 2026 adjusted EBITDA guidance to between $8 billion and $8.5 billion, up from the previous range of $7.9 billion to $8.3 billion, showcasing confidence in future market conditions.
  • Ongoing Investment for Growth: The company plans to invest $2.7 billion to $3.2 billion across various growth projects, including rebuilding the Medford Fractionator and expanding natural gas pipelines, which is expected to drive future dividend growth.
seekingalpha
4.0
04-30seekingalpha
ONEOK Downgraded by Scotiabank Yet Shares Rise 2.7%
  • Rating Downgrade Impact: Despite Scotiabank downgrading ONEOK from Outperform to Sector Perform with a price target cut from $92 to $89, the stock rose 2.7% on Thursday, indicating market confidence in its fundamentals.
  • Earnings Guidance Adjustment: ONEOK reported Q1 earnings that missed estimates but raised its FY 2026 adjusted EBITDA guidance to a range of $8B-$8.5B, suggesting long-term profitability remains promising despite short-term challenges.
  • Competitive Market Pressure: Analysts noted that ONEOK's relative value proposition appears less attractive compared to other liquid companies like Targa Resources and Kinetik Koldings, which have higher operational leverage in the Permian region, potentially shifting investor sentiment towards these competitors.
  • Geopolitical Risks: With the ongoing Middle East conflict, analysts warn of potential asymmetric downside risks for ONEOK as the realization sets in that the company lacks significant earnings torque to higher commodity prices, which could pressure its stock price.
seekingalpha
9.5
04-29seekingalpha
ONEOK Raises 2026 Financial Guidance Amid Strong Performance
  • Guidance Increase: CEO Pierce Norton announced an increase in 2026 net income guidance to approximately $3.5 billion, with diluted earnings per share expected at $5.53 and adjusted EBITDA guidance at $8.25 billion, reflecting strong performance in a constructive market environment.
  • Strong Q1 Earnings: ONEOK reported a net income of $776 million for Q1, translating to $1.23 per diluted share, despite a $60 million non-cash impairment loss, indicating resilience in profitability amid market volatility.
  • Project Expansion and Capacity Boost: The relocation of the 150 million cubic feet per day Shadowfax natural gas processing plant to the Midland Basin and the planned 60 million cubic feet per day Cutter plant in Powder River, set for completion in Q4 2026, are expected to significantly enhance overall capacity.
  • Robust Market Demand: NGL volumes increased by 11% year-over-year in the Rockies, 4% in the Mid-Continent, and over 30% in the Gulf Coast Permian region, demonstrating strong momentum in export demand and market share, further solidifying the company's competitive position.
NASDAQ.COM
9.5
04-28NASDAQ.COM
ONEOK Reports Q1 Net Income Growth
  • Net Income Growth: ONEOK reported a first-quarter net income of $774 million, or $1.23 per share, compared to $636 million and $1.04 per share last year, indicating a significant improvement in profitability and reflecting the company's strong market performance.
  • Revenue Increase: Total revenues for the quarter reached $9.62 billion, up 19.5% from $8.04 billion last year, primarily driven by robust demand in gas and liquid transportation, further solidifying the company's market position.
  • Optimistic Future Outlook: ONEOK raised its 2026 net income guidance to a range of $3.21 billion to $3.79 billion, demonstrating confidence in future growth and likely attracting more investor interest in its long-term potential.
  • EBITDA Guidance Increase: The adjusted EBITDA guidance was also increased to a range of $8.0 billion to $8.5 billion, indicating ongoing improvements in cost control and operational efficiency, which are expected to further enhance profitability.
NASDAQ.COM
2.0
04-28NASDAQ.COM
Oneok (OKE) Q3 2025 Earnings Transcript
seekingalpha
9.5
04-27seekingalpha
Midstream Energy Earnings Week Begins
  • Earnings Expectations: Enterprise Products Partners (EPD) is set to report earnings on April 28, with a consensus EPS estimate of $0.73 on revenue of $13.62 billion, reflecting an 11.7% year-over-year decline, while ONEOK (OKE) is expected to report an EPS of $1.31 and revenue of $8.23 billion, highlighting market interest in midstream energy.
  • Market Focus: EPD will report before the market opens, with investors keenly watching for steady fee-based cash flows and strong NGL volumes, particularly as Gulf Coast exports remain a focal point in the current energy landscape.
  • Analyst Insights: Analyst Melissa Tucker noted that while EPD remains a high-quality midstream operator with stable cash flows and a strong balance sheet, the recent halving of its distribution growth and current valuation appear stretched compared to historical levels, raising concerns about justifying its premium multiple.
  • OKE Rating Downgrade: Tucker downgraded ONEOK (OKE) from Strong Buy to Buy due to underwhelming 2026 guidance and limited near-term growth prospects, despite its diversified midstream model providing stability; however, most growth projects are not expected to materially impact earnings until 2028.
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
JPMorgan
Neutral
maintain
$91 -> $92
AI Analysis
2026-05-08
New
Reason
JPMorgan
Price Target
$91 -> $92
AI Analysis
2026-05-08
New
maintain
Neutral
Reason
JPMorgan raised the firm's price target on Oneok to $92 from $91 and keeps a Neutral rating on the shares.
Citi
Buy
maintain
$95 -> $97
2026-05-07
New
Reason
Citi
Price Target
$95 -> $97
2026-05-07
New
maintain
Buy
Reason
Citi raised the firm's price target on Oneok to $97 from $95 and keeps a Buy rating on the shares.
Unlock Full Analyst Thesis, Get the complete breakdown of rating reason for OKE
Unlock Now

Valuation Metrics

The current forward P/E ratio for ONEOK Inc (OKE.N) is 15.34, 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
15.34
Overvalued PE
16.52
Undervalued PE
12.64

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
12.43
Overvalued EV/EBITDA
11.43
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

AI Analysis
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Whales Holding OKE

T
Texas Yale Capital Corp.
Holding
OKE
+28.83%
3M Return
C
Caption Management, LLC
Holding
OKE
+15.95%
3M Return
R
Recurrent Investment Advisors LLC
Holding
OKE
+13.52%
3M Return
S
Sourcerock Group LLC
Holding
OKE
+12.03%
3M Return
E
Exchange Traded Concepts, LLC
Holding
OKE
+10.34%
3M Return
E
Eagle Global Advisors, LLC
Holding
OKE
+10.03%
3M Return

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Frequently Asked Questions

What is ONEOK Inc (OKE) stock price today?

The current price of OKE is 87.79 USD — it has increased 3.09

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 9.62B USD, increased 19.58

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

ONEOK Inc. EPS for the last quarter amounts to 1.23 USD, increased 18.27

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

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

What is ONEOK Inc (OKE) market cap?

Today OKE has the market capitalization of 55.31B USD.