(OKE) ONEOK - Ratings and Ratios
Pipelines, Processing, Fractionation, Storage, Transport
OKE EPS (Earnings per Share)
OKE Revenue
Description: OKE ONEOK
ONEOK, Inc. (NYSE: OKE) is a U.S. midstream energy company that provides gathering, processing, fractionation, transportation, storage, and marine export services across four primary segments: Natural Gas Gathering & Processing, Natural Gas Liquids (NGL), Natural Gas Pipelines, and Refined Products & Crude.
The firm’s asset base spans the Mid-Continent, Permian Basin, North Texas, Gulf Coast, and Rocky Mountain regions, where it operates extensive natural-gas gathering pipelines, NGL fractionation and storage facilities, and regulated interstate and intrastate natural-gas transmission pipelines. In addition to energy infrastructure, ONEOK owns a downtown Tulsa parking garage and leases a portfolio of industrial real-estate and equipment assets.
Key financial metrics from the most recent fiscal year (FY 2024) include adjusted EBITDA of roughly **$5.1 billion**, a **dividend yield of ~5.5 %** with a 5 % YoY increase, and capital expenditures of **$2.2 billion** focused on pipeline expansion and NGL processing capacity. Utilization rates on its core natural-gas pipelines averaged **≈85 %**, while NGL processing volumes reached **1.9 billion cubic feet equivalent (Bcfe)**, reflecting strong demand for propane and ethane in the petrochemical sector.
Sector-level drivers that materially affect ONEOK’s outlook are: (1) sustained growth in U.S. natural-gas production, especially from the Permian and Haynesville basins; (2) rising demand for NGLs as feedstock for petrochemical and plastics manufacturing, supported by higher ethane-to-propylene conversion margins; and (3) the expanding U.S. LNG export market, which boosts upstream gas output and, consequently, midstream throughput volumes.
For a deeper quantitative view of ONEOK’s valuation metrics and scenario analysis, the ValueRay platform offers a concise dashboard you may find useful.
OKE Stock Overview
| Market Cap in USD | 46,533m |
| Sub-Industry | Oil & Gas Storage & Transportation |
| IPO / Inception | 1985-07-01 |
OKE Stock Ratings
| Growth Rating | 8.62% |
| Fundamental | 65.4% |
| Dividend Rating | 62.3% |
| Return 12m vs S&P 500 | -34.9% |
| Analyst Rating | 4.11 of 5 |
OKE Dividends
| Dividend Yield 12m | 5.86% |
| Yield on Cost 5y | 19.22% |
| Annual Growth 5y | 1.30% |
| Payout Consistency | 57.5% |
| Payout Ratio | 79.5% |
OKE Growth Ratios
| Growth Correlation 3m | -87.6% |
| Growth Correlation 12m | -88.1% |
| Growth Correlation 5y | 93.7% |
| CAGR 5y | 13.68% |
| CAGR/Max DD 3y (Calmar Ratio) | 0.35 |
| CAGR/Mean DD 3y (Pain Ratio) | 1.43 |
| Sharpe Ratio 12m | 0.22 |
| Alpha | -39.74 |
| Beta | 1.028 |
| Volatility | 22.62% |
| Current Volume | 3147.4k |
| Average Volume 20d | 3418.8k |
| Stop Loss | 67.4 (-3.1%) |
| Signal | 0.06 |
Piotroski VR‑10 (Strict, 0-10) 4.5
| Net Income (3.09b TTM) > 0 and > 6% of Revenue (6% = 1.68b TTM) |
| FCFTA 0.04 (>2.0%) and ΔFCFTA -1.06pp (YES ≥ +1.0pp, WARN ≥ +0.5pp) |
| NWC/Revenue -9.84% (prev -7.91%; Δ -1.93pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp) |
| CFO/TA 0.08 (>3.0%) and CFO 5.29b > Net Income 3.09b (YES >=105%, WARN >=100%) |
| Net Debt (32.37b) to EBITDA (7.26b) ratio: 4.46 <= 3.0 (WARN <= 3.5) |
| Current Ratio 0.59 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active) |
| Outstanding Shares last Quarter (628.1m) change vs 12m ago 7.22% (target <= -2.0% for YES) |
| Gross Margin 22.41% (prev 23.97%; Δ -1.56pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0) |
| Asset Turnover 51.26% (prev 42.70%; Δ 8.56pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0) |
| Interest Coverage Ratio 3.57 (EBITDA TTM 7.26b / Interest Expense TTM 1.65b) >= 6 (WARN >= 3) |
Altman Z'' 0.58
| (A) -0.04 = (Total Current Assets 3.90b - Total Current Liabilities 6.65b) / Total Assets 64.52b |
| (B) 0.03 = Retained Earnings (Balance) 1.76b / Total Assets 64.52b |
| (C) 0.11 = EBIT TTM 5.89b / Avg Total Assets 54.53b |
| (D) 0.04 = Book Value of Equity 1.71b / Total Liabilities 42.62b |
| Total Rating: 0.58 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D) |
ValueRay F-Score (Strict, 0-100) 65.43
| 1. Piotroski 4.50pt = -0.50 |
| 2. FCF Yield 3.65% = 1.83 |
| 3. FCF Margin 10.31% = 2.58 |
| 4. Debt/Equity 1.49 = 1.49 |
| 5. Debt/Ebitda 4.46 = -2.50 |
| 6. ROIC - WACC (= 2.76)% = 3.45 |
| 7. RoE 16.04% = 1.34 |
| 8. Rev. Trend 62.97% = 4.72 |
| 9. EPS Trend 60.57% = 3.03 |
What is the price of OKE shares?
Over the past week, the price has changed by -3.96%, over one month by -4.17%, over three months by -13.63% and over the past year by -25.27%.
Is ONEOK a good stock to buy?
Based on momentum, paid dividends and discounted-cash-flow analyses, the fair value of OKE is around 66.37 USD . This means that OKE is currently overvalued and has a potential downside of -4.61%.
Is OKE a buy, sell or hold?
- Strong Buy: 8
- Buy: 5
- Hold: 6
- Sell: 0
- Strong Sell: 0
What are the forecasts/targets for the OKE price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 93.9 | 34.9% |
| Analysts Target Price | 93.9 | 34.9% |
| ValueRay Target Price | 72.5 | 4.2% |
Last update: 2025-10-01 03:51
OKE Fundamental Data Overview
P/E Trailing = 14.4181
P/E Forward = 12.1803
P/S = 1.6647
P/B = 2.1316
P/EG = 1.5617
Beta = 1.028
Revenue TTM = 27.95b USD
EBIT TTM = 5.89b USD
EBITDA TTM = 7.26b USD
Long Term Debt = 29.62b USD (from longTermDebt, last quarter)
Short Term Debt = 2.84b USD (from shortTermDebt, last quarter)
Debt = 32.47b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 32.37b USD (from netDebt column, last quarter)
Enterprise Value = 78.90b USD (46.53b + Debt 32.47b - CCE 97.0m)
Interest Coverage Ratio = 3.57 (Ebit TTM 5.89b / Interest Expense TTM 1.65b)
FCF Yield = 3.65% (FCF TTM 2.88b / Enterprise Value 78.90b)
FCF Margin = 10.31% (FCF TTM 2.88b / Revenue TTM 27.95b)
Net Margin = 11.07% (Net Income TTM 3.09b / Revenue TTM 27.95b)
Gross Margin = 22.41% ((Revenue TTM 27.95b - Cost of Revenue TTM 21.69b) / Revenue TTM)
Gross Margin QoQ = 19.54% (prev 16.82%)
Tobins Q-Ratio = 1.22 (Enterprise Value 78.90b / Total Assets 64.52b)
Interest Expense / Debt = 1.35% (Interest Expense 438.0m / Debt 32.47b)
Taxrate = 23.36% (260.0m / 1.11b)
NOPAT = 4.52b (EBIT 5.89b * (1 - 23.36%))
Current Ratio = 0.59 (Total Current Assets 3.90b / Total Current Liabilities 6.65b)
Debt / Equity = 1.49 (Debt 32.47b / totalStockholderEquity, last quarter 21.83b)
Debt / EBITDA = 4.46 (Net Debt 32.37b / EBITDA 7.26b)
Debt / FCF = 11.23 (Net Debt 32.37b / FCF TTM 2.88b)
Total Stockholder Equity = 19.28b (last 4 quarters mean from totalStockholderEquity)
RoA = 4.79% (Net Income 3.09b / Total Assets 64.52b)
RoE = 16.04% (Net Income TTM 3.09b / Total Stockholder Equity 19.28b)
RoCE = 12.05% (EBIT 5.89b / Capital Employed (Equity 19.28b + L.T.Debt 29.62b))
RoIC = 8.96% (NOPAT 4.52b / Invested Capital 50.43b)
WACC = 6.20% (E(46.53b)/V(79.00b) * Re(9.80%) + D(32.47b)/V(79.00b) * Rd(1.35%) * (1-Tc(0.23)))
Discount Rate = 9.80% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 100.0 | Cagr: 3.57%
[DCF Debug] Terminal Value 75.10% ; FCFE base≈2.71b ; Y1≈3.19b ; Y5≈4.84b
Fair Price DCF = 97.19 (DCF Value 61.21b / Shares Outstanding 629.8m; 5y FCF grow 18.47% → 3.0% )
EPS Correlation: 60.57 | EPS CAGR: 10.04% | SUE: -0.19 | # QB: 0
Revenue Correlation: 62.97 | Revenue CAGR: 10.51% | SUE: -0.61 | # QB: 0
Additional Sources for OKE Stock
Tweets: X | Stocktwits
Fund Manager Positions: Dataroma | Stockcircle