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OKE Stock Chart & Stats
$93.16
-$2.49(-2.67%)
At close: 4:00 PM EDT
$93.16
-$2.49(-2.67%)
Day’s Range― - ―
52-Week Range$64.02 - $96.07
Previous CloseN/A
Volume676.73K
Average Volume (3M)3.65M
Market Cap
$57.22B
Enterprise Value$87.95K
Total Cash (Recent Filing)$161.00M
Total Debt (Recent Filing)$33.02B
Price to Earnings (P/E)16.2
Beta0.44
Next Earnings
Nov 03, 2026EPS Estimate
1.48Next Dividend Ex-DateN/A
Dividend Yield4.67%
Share Statistics
EPS (TTM)5.81
Shares Outstanding630,147,460
10 Day Avg. Volume3,419,156
30 Day Avg. Volume3,645,870
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 Cap<0.01
Enterprise Value/Revenue<0.01
Enterprise Value/Gross Profit<0.01
Enterprise Value/Ebitda<0.01
Forecast
1Y Price Target
$95.80Price Target Upside2.83% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering16
EPS Forecast (FY)5.72
Revenue Forecast (FY)$40.91B
Bulls Say, Bears Say
Bulls Say
Integrated Midstream Asset FootprintONEOK’s vertically integrated pipeline, processing, fractionation and storage network creates durable commercial advantages: it links upstream production to petrochemical, refining and export markets, supports fee-based contracts, raises switching costs for shippers and sustains steady throughput-driven revenue over years.
Record And Broad-based Throughput GrowthSustained, broad-based volume gains across NGLs, refined products and gathering improve utilization and operating leverage. Higher baseline throughput supports recurring fee revenues, helps absorb fixed costs, and underpins mid-term EBITDA growth even if commodity spreads fluctuate.
Extended Cash-tax Runway Boosting FCF FlexibilityMaterially larger cash-tax benefits extend the period of reduced cash tax payments, enhancing near-to-medium-term free cash flow. That structural extension improves capacity for debt reduction, disciplined capex, and shareholder distributions without requiring immediate earnings changes.
Bears Say
High Absolute LeverageONEOK carries substantial absolute debt which constrains financial flexibility and raises refinancing and interest-rate risks over the medium term. Even with improvement from prior peaks, elevated leverage limits free cash allocation options and makes deleveraging a multi-year structural priority.
Weaker Cash Conversion Relative To Net IncomeA persistent gap between accounting earnings and cash conversion signals working-capital or capex pressure that can reduce resiliency. Lower FCF conversion limits the pace of sustained debt paydown or higher shareholder returns and means performance depends on continued volume gains and tax/capex timing.
Margin Sensitivity From NGL Mix And Pipeline DifferentialsProfitability remains exposed to structural NGL mix shifts and regional takeaway differentials. Ethane-heavy recovery and normalization of Permian differentials can compress toll and marketing margins over quarters, making earnings more volume-dependent and increasing sensitivity to commodity/flow changes.
Oneok News
OKE FAQ
What was Oneok Inc’s price range in the past 12 months?
Oneok Inc lowest stock price was $64.02 and its highest was $96.07 in the past 12 months.
What is Oneok Inc’s market cap?
Oneok Inc’s market cap is $57.22B.
When is Oneok Inc’s upcoming earnings report date?
Oneok Inc’s upcoming earnings report date is Nov 03, 2026 which is in 85 days.
How were Oneok Inc’s earnings last quarter?
Oneok Inc released its earnings results on Aug 03, 2026. The company reported $1.53 earnings per share for the quarter, beating the consensus estimate of $1.456 by $0.074.
Is Oneok Inc overvalued?
According to Wall Street analysts Oneok Inc’s price is currently Undervalued.
Does Oneok Inc pay dividends?
Oneok Inc pays a Quarterly dividend of $1.07 which represents an annual dividend yield of 4.67%. See more information on Oneok Inc dividends here
What is Oneok Inc’s EPS estimate?
Oneok Inc’s EPS estimate is 1.48.
How many shares outstanding does Oneok Inc have?
Oneok Inc has 630,147,460 shares outstanding.
What happened to Oneok Inc’s price movement after its last earnings report?
Oneok Inc reported an EPS of $1.53 in its last earnings report, beating expectations of $1.456. Following the earnings report the stock price went down -0.669%.
Which hedge fund is a major shareholder of Oneok Inc?
Currently, no hedge funds are holding shares in 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
Outperform
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Analyst Consensus
Moderate Buy
Average Price Target:
$95.80 (2.83% Upside)
$95.80 (2.83% Upside)
Blogger Sentiment
Bullish
OKE Sentiment 93%
Sector Average ―
Sector Average ―
Hedge Fund Trend
Increased
By 187.7K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Positive
Last 7 Days ▼ 0.2%
Last 30 Days ▲ 2.1%
Last 30 Days ▲ 2.1%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
19.85%
12-Months-Change
Fundamentals
Return on Equity
4.67%
Trailing 12-Months
Asset Growth
6.24%
Trailing 12-Months
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 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
$95.80
▲(2.83% Upside)
Technical Analysis
Ownership Overview
0.15% Insiders
24.18% Mutual Funds
6.41% Other Institutional Investors
35.50% Public Companies and Individual Investors