OKE Stock Chart & Stats
$1640.00
$0.00(0.00%)
At close: 4:00 PM EDT
$1640.00
$0.00(0.00%)
Day’s Range― - ―
52-Week Range$1,203.61 - $1,700.00
Previous CloseN/A
Volume0.00
Average Volume (3M)5.00
Market Cap
$1.04T
Enterprise Value$87.95K
Total Cash (Recent Filing)$161.00M
Total Debt (Recent Filing)$33.02B
Price to Earnings (P/E)16.5
Beta<0.01
Next Earnings
Nov 03, 2026EPS Estimate
24.89Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)5.81
Shares Outstanding630,369,700
10 Day Avg. Volume15
30 Day Avg. Volume5
Financial Highlights & Ratios
PEG Ratio2.93
Price to Book (P/B)2.06
Price to Sales (P/S)1.38
P/FCF Ratio18.92
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
$1,693.64Price Target Upside3.27% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering16
EPS Forecast (FY)97.03
Revenue Forecast (FY)$721.16B
Bulls Say, Bears Say
Bulls Say
Permian Scale ExpansionThe Brazos acquisition materially expands ONEOK's Permian footprint and processing scale while adding long-term fixed-fee producer commitments. Greater basin density can improve network utilization, strengthen customer connectivity, and support recurring earnings and cash flow as capacity comes online.
Broad-Based Volume GrowthBroad volume growth across NGL, refined products, crude, and gathering operations indicates demand is translating into higher infrastructure utilization. This supports fee-based revenue growth and demonstrates that earnings are benefiting from operating scale rather than relying solely on commodity prices.
Raised Earnings OutlookA second guidance increase, supported by volume growth, project progress, and operating performance, signals improving visibility into near-term earnings. Higher EBITDA provides more internal funding capacity for capital investment, debt reduction, and shareholder distributions over the coming quarters.
Bears Say
Meaningful LeverageAlthough leverage has improved from prior peaks, ONEOK still carries substantial absolute debt relative to equity. This debt burden can constrain capital-allocation flexibility, increase sensitivity to operating setbacks, and require sustained cash generation to achieve the company's leverage objectives.
Weak Cash ConversionPositive free cash flow and recent growth are offset by weaker conversion of accounting earnings into cash than in 2023–2024. Continued working-capital and capital-spending pressure could reduce funds available for deleveraging, reinvestment, and shareholder returns if the pattern persists.
Margin CompressionThe decline in EBITDA and net margins leaves less earnings cushion than in prior years, even as revenue and net income have grown. A more volume-driven profit profile may make future earnings less efficient and require continued throughput growth to offset weaker economics per unit.
Oneok News
OKE FAQ
What was Oneok Inc’s price range in the past 12 months?
Oneok Inc lowest stock price was $1203.61 and its highest was $1700.00 in the past 12 months.
What is Oneok Inc’s market cap?
Oneok Inc’s market cap is $1.04T.
When is Oneok Inc’s upcoming earnings report date?
Oneok Inc’s upcoming earnings report date is Nov 03, 2026 which is in 54 days.
How were Oneok Inc’s earnings last quarter?
Oneok Inc released its earnings results on Aug 03, 2026. The company reported $25.848 earnings per share for the quarter, beating the consensus estimate of $24.598 by $1.25.
Is Oneok Inc overvalued?
According to Wall Street analysts Oneok Inc’s price is currently Undervalued.
Does Oneok Inc pay dividends?
Oneok Inc does not currently pay dividends.
What is Oneok Inc’s EPS estimate?
Oneok Inc’s EPS estimate is 24.89.
How many shares outstanding does Oneok Inc have?
Oneok Inc has 630,369,700 shares outstanding.
What happened to Oneok Inc’s price movement after its last earnings report?
Oneok Inc reported an EPS of $25.848 in its last earnings report, beating expectations of $24.598. Following the earnings report the stock price went same 0%.
Which hedge fund is a major shareholder of Oneok Inc?
Currently, no hedge funds are holding shares in MX:OKE
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Oneok Stock Smart Score
Neutral
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10
Analyst Consensus
Moderate Buy
Average Price Target:
$1,693.64 (3.27% Upside)
$1,693.64 (3.27% Upside)
Blogger Sentiment
Bullish
MX:OKE Sentiment 89%
Sector Average 57%
Sector Average 57%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
40.62%
12-Months-Change
Fundamentals
Return on Equity
4.56%
Trailing 12-Months
Asset Growth
6.24%
Trailing 12-Months
Learn more about TipRanks Smart Score
Company Description
Oneok Inc
ONEOK, Inc., along with its subsidiaries, functions as a leading energy infrastructure company within the United States. Its primary focus is the comprehensive management of natural gas, encompassing gathering, processing, storage, and transportation. These operations are structured into three distinct segments: Natural Gas Gathering and Processing, Natural Gas Liquids (NGL), and Natural Gas Pipelines. The company owns an extensive system of natural gas gathering pipelines and processing plants, predominantly situated in the Mid-Continent and Rocky Mountain regions. Furthermore, ONEOK manages both federally (FERC) and state-regulated interstate and intrastate natural gas transmission pipelines, alongside crucial natural gas storage facilities. A significant component of ONEOK's business is dedicated to Natural Gas Liquids. The company handles the entire NGL value chain, from collecting, treating, and fractionating to transporting, storing, marketing, and distributing these products. Its NGL infrastructure includes a broad network of gathering and distribution pipelines across Oklahoma, Kansas, Texas, New Mexico, Montana, North Dakota, Wyoming, and Colorado. Additionally, NGL terminal and storage assets are maintained in Kansas, Missouri, Nebraska, Iowa, and Illinois. ONEOK also operates pipelines for NGL distribution and refined petroleum products throughout Kansas, Missouri, Nebraska, Iowa, Illinois, and Indiana, supported by integrated truck and rail loading and unloading facilities connected to its NGL fractionation, storage, and pipeline network. The company's substantial physical footprint comprises approximately 17,500 miles of natural gas gathering pipelines, 1,500 miles of FERC-regulated interstate natural gas pipelines, and 5,100 miles of state-regulated intrastate transmission pipelines. The NGL segment benefits from six storage facilities and eight product terminals. Separately, ONEOK also owns and leases a parking garage and excess office space in downtown Tulsa, Oklahoma. ONEOK serves a wide and varied customer base throughout the energy sector. This includes integrated and independent exploration and production (E&P) companies, natural gas and NGL gathering and processing enterprises, crude oil and natural gas producers, propane distributors, municipalities, and ethanol producers. The company also supports petrochemical, refining, and NGL marketing firms, as well as natural gas distribution utilities, electric power generation companies, and various other energy producers, processors, and marketers. Founded in 1906, ONEOK, Inc. is headquartered in Tulsa, Oklahoma.
OKE Company Deck
OKE Earnings Call
Q2 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call presented a strongly positive operational and financial picture: record and broad-based volume growth, raised 2026 guidance (higher net income and adjusted EBITDA midpoints), meaningful project progress and service commencements (Denver expansion, Permian processing upsizes, fractionation capacity), and improved cash tax benefits that materially enhance free cash flow. The main near-term concerns are modest NGL margin pressure from an ethane/C3+ mix shift, expected Q3–Q4 pipeline earnings normalization as Permian takeaway narrows differentials, and longer commercialization timelines for some large customers. Overall the positives (guidance raise, volume and export contracting momentum, project execution, and tax/FCF tailwinds) materially outweigh the limited headwinds.View all MX:OKE earnings summariesOKE Revenue Breakdown
76.02% Liquids commodity sales
9.85% Residue natural gas
4.37% Exchange services and natural gas gathering and processing revenue
9.33% Transportation and storage
0.43% Other
OKE Stock 12 Month Forecast
Average Price Target
$1,693.64
▲(3.27% Upside)
Technical Analysis
Energy Transfer
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