(OKE) ONEOK - Overview
Exchange: NYSE •
Country: United States •
Currency: USD •
Type: Common Stock •
ISIN: US6826801036
Stock:
Total Rating 35
Risk 54
Buy Signal -0.24
| Risk 5d forecast | |
|---|---|
| Volatility | 29.8% |
| Relative Tail Risk | 2.10% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | -0.29 |
| Alpha | -22.98 |
| Character TTM | |
|---|---|
| Beta | 0.802 |
| Beta Downside | 1.722 |
| Drawdowns 3y | |
|---|---|
| Max DD | 42.17% |
| CAGR/Max DD | 0.30 |
EPS (Earnings per Share)
Revenue
Description: OKE ONEOK
ONEOK, Inc. operates as a midstream service provider of gathering, processing, fractionation, transportation, storage, and marine export services in the United States. It operates in four segments: Natural Gas Gathering and Processing; Natural Gas Liquids; Natural Gas Pipelines; and Refined Products and Crude. The company owns natural gas gathering pipelines and processing plants in the Mid-Continent, Permian Basin, North Texas, Gulf Coast region, and Rocky Mountain regions; and provides midstream services to producers of NGLs. It also owns NGL gathering and distribution pipelines, fractionation, terminal and storage facilities; and transports refined products, including gasoline, diesel fuel, aviation fuel, kerosene, and heating oil. In addition, the company transports and stores natural gas through regulated interstate and intrastate natural gas transmission pipelines, and natural gas storage facilities; it owns and operates a parking garage in downtown Tulsa, Oklahoma; and leases buildings, warehouses, office space, land, and equipment, including pipeline equipment, pipeline capacity, rail cars, and information technology equipment. Further, the company transports, stores, and distributes refined products, purity NGLs, and crude oil, as well as conducts commodity-related activities, including liquids blending and marketing activities. It serves integrated and independent exploration and production companies; other NGL and natural gas gathering and processing companies; crude oil and natural gas production companies; utilities; industrial companies; natural gasoline distributors; propane distributors; municipalities; ethanol producers; petrochemical, refining, and marketing companies; and diluent users, refineries, and exporters. ONEOK, Inc. was founded in 1906 and is headquartered in Tulsa, Oklahoma.
Piotroski VR‑10 (Strict, 0-10) 6.5
| Net Income: 3.40b TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.06 > 0.02 and ΔFCF/TA 2.00 > 1.0 |
| NWC/Revenue: -5.58% < 20% (prev -2.22%; Δ -3.36% < -1%) |
| CFO/TA 0.14 > 3% & CFO 9.65b > Net Income 3.40b |
| Net Debt (32.74b) to EBITDA (7.79b): 4.20 < 3 |
| Current Ratio: 0.71 > 1.5 & < 3 |
| Outstanding Shares: last quarter (631.2m) vs 12m ago 7.62% < -2% |
| Gross Margin: 21.46% > 18% (prev 0.27%; Δ 2120 % > 0.5%) |
| Asset Turnover: 51.46% > 50% (prev 33.87%; Δ 17.59% > 0%) |
| Interest Coverage Ratio: 3.52 > 6 (EBITDA TTM 7.79b / Interest Expense TTM 1.78b) |
Altman Z'' 0.63
| A: -0.03 (Total Current Assets 4.49b - Total Current Liabilities 6.37b) / Total Assets 66.64b |
| B: 0.04 (Retained Earnings 2.37b / Total Assets 66.64b) |
| C: 0.10 (EBIT TTM 6.27b / Avg Total Assets 65.36b) |
| D: 0.05 (Book Value of Equity 2.35b / Total Liabilities 44.07b) |
| Altman-Z'' Score: 0.63 = B |
Beneish M -2.65
| DSRI: 0.83 (Receivables 3.01b/2.33b, Revenue 33.63b/21.70b) |
| GMI: 1.24 (GM 21.46% / 26.57%) |
| AQI: 1.00 (AQ_t 0.21 / AQ_t-1 0.21) |
| SGI: 1.55 (Revenue 33.63b / 21.70b) |
| TATA: -0.09 (NI 3.40b - CFO 9.65b) / TA 66.64b) |
| Beneish M-Score: -2.65 (Cap -4..+1) = A |
What is the price of OKE shares?
As of February 28, 2026, the stock is trading at USD 82.77 with a total of 5,880,498 shares traded.
Over the past week, the price has changed by -5.22%, over one month by +7.93%, over three months by +15.22% and over the past year by -9.58%.
Over the past week, the price has changed by -5.22%, over one month by +7.93%, over three months by +15.22% and over the past year by -9.58%.
Is OKE a buy, sell or hold?
ONEOK has received a consensus analysts rating of 4.11.
Therefore, it is recommended to buy OKE.
- StrongBuy: 8
- Buy: 5
- Hold: 6
- Sell: 0
- StrongSell: 0
What are the forecasts/targets for the OKE price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 88.4 | 6.8% |
| Analysts Target Price | 88.4 | 6.8% |
OKE Fundamental Data Overview February 27, 2026
P/E Trailing = 15.125
P/E Forward = 11.9474
P/S = 1.5408
P/B = 2.0906
P/EG = 1.5315
Revenue TTM = 33.63b USD
EBIT TTM = 6.27b USD
EBITDA TTM = 7.79b USD
Long Term Debt = 31.99b USD (from longTermDebt, two quarters ago)
Short Term Debt = 2.06b USD (from shortTermDebt, last quarter)
Debt = 32.82b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 32.74b USD (from netDebt column, last quarter)
Enterprise Value = 84.55b USD (51.82b + Debt 32.82b - CCE 78.0m)
Interest Coverage Ratio = 3.52 (Ebit TTM 6.27b / Interest Expense TTM 1.78b)
EV/FCF = 19.58x (Enterprise Value 84.55b / FCF TTM 4.32b)
FCF Yield = 5.11% (FCF TTM 4.32b / Enterprise Value 84.55b)
FCF Margin = 12.84% (FCF TTM 4.32b / Revenue TTM 33.63b)
Net Margin = 10.10% (Net Income TTM 3.40b / Revenue TTM 33.63b)
Gross Margin = 21.46% ((Revenue TTM 33.63b - Cost of Revenue TTM 26.41b) / Revenue TTM)
Gross Margin QoQ = 29.44% (prev 19.17%)
Tobins Q-Ratio = 1.27 (Enterprise Value 84.55b / Total Assets 66.64b)
Interest Expense / Debt = 1.38% (Interest Expense 453.0m / Debt 32.82b)
Taxrate = 21.88% (274.0m / 1.25b)
NOPAT = 4.90b (EBIT 6.27b * (1 - 21.88%))
Current Ratio = 0.71 (Total Current Assets 4.49b / Total Current Liabilities 6.37b)
Debt / Equity = 1.46 (Debt 32.82b / totalStockholderEquity, last quarter 22.48b)
Debt / EBITDA = 4.20 (Net Debt 32.74b / EBITDA 7.79b)
Debt / FCF = 7.58 (Net Debt 32.74b / FCF TTM 4.32b)
Total Stockholder Equity = 21.94b (last 4 quarters mean from totalStockholderEquity)
RoA = 5.19% (Net Income 3.40b / Total Assets 66.64b)
RoE = 15.47% (Net Income TTM 3.40b / Total Stockholder Equity 21.94b)
RoCE = 11.63% (EBIT 6.27b / Capital Employed (Equity 21.94b + L.T.Debt 31.99b))
RoIC = 8.99% (NOPAT 4.90b / Invested Capital 54.50b)
WACC = 5.85% (E(51.82b)/V(84.63b) * Re(8.87%) + D(32.82b)/V(84.63b) * Rd(1.38%) * (1-Tc(0.22)))
Discount Rate = 8.87% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 100.0 | Cagr: 3.83%
[DCF] Terminal Value 88.43% ; FCFF base≈3.74b ; Y1≈4.61b ; Y5≈7.85b
[DCF] Fair Price = 311.4 (EV 228.66b - Net Debt 32.74b = Equity 195.92b / Shares 629.2m; r=5.90% [WACC]; 5y FCF grow 25.0% → 2.90% )
EPS Correlation: 83.30 | EPS CAGR: 16.65% | SUE: 0.10 | # QB: 0
Revenue Correlation: 60.07 | Revenue CAGR: 13.41% | SUE: 1.14 | # QB: 1
EPS next Quarter (2026-03-31): EPS=1.32 | Chg7d=+0.012 | Chg30d=+0.012 | Revisions Net=-2 | Analysts=5
EPS current Year (2026-12-31): EPS=5.71 | Chg7d=-0.123 | Chg30d=-0.135 | Revisions Net=-5 | Growth EPS=+5.4% | Growth Revenue=-5.6%
EPS next Year (2027-12-31): EPS=6.15 | Chg7d=-0.159 | Chg30d=-0.196 | Revisions Net=-3 | Growth EPS=+7.6% | Growth Revenue=+11.3%
[Analyst] Revisions Ratio: -1.00 (0 Up / 2 Down within 30d for Next Quarter)
[Growth] Implied Growth Rate = 2.3% (Discount Rate 8.9% - Earnings Yield 6.6%)
[Growth] Growth Spread = +16.6% (Analyst 18.9% - Implied 2.3%)
P/E Forward = 11.9474
P/S = 1.5408
P/B = 2.0906
P/EG = 1.5315
Revenue TTM = 33.63b USD
EBIT TTM = 6.27b USD
EBITDA TTM = 7.79b USD
Long Term Debt = 31.99b USD (from longTermDebt, two quarters ago)
Short Term Debt = 2.06b USD (from shortTermDebt, last quarter)
Debt = 32.82b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 32.74b USD (from netDebt column, last quarter)
Enterprise Value = 84.55b USD (51.82b + Debt 32.82b - CCE 78.0m)
Interest Coverage Ratio = 3.52 (Ebit TTM 6.27b / Interest Expense TTM 1.78b)
EV/FCF = 19.58x (Enterprise Value 84.55b / FCF TTM 4.32b)
FCF Yield = 5.11% (FCF TTM 4.32b / Enterprise Value 84.55b)
FCF Margin = 12.84% (FCF TTM 4.32b / Revenue TTM 33.63b)
Net Margin = 10.10% (Net Income TTM 3.40b / Revenue TTM 33.63b)
Gross Margin = 21.46% ((Revenue TTM 33.63b - Cost of Revenue TTM 26.41b) / Revenue TTM)
Gross Margin QoQ = 29.44% (prev 19.17%)
Tobins Q-Ratio = 1.27 (Enterprise Value 84.55b / Total Assets 66.64b)
Interest Expense / Debt = 1.38% (Interest Expense 453.0m / Debt 32.82b)
Taxrate = 21.88% (274.0m / 1.25b)
NOPAT = 4.90b (EBIT 6.27b * (1 - 21.88%))
Current Ratio = 0.71 (Total Current Assets 4.49b / Total Current Liabilities 6.37b)
Debt / Equity = 1.46 (Debt 32.82b / totalStockholderEquity, last quarter 22.48b)
Debt / EBITDA = 4.20 (Net Debt 32.74b / EBITDA 7.79b)
Debt / FCF = 7.58 (Net Debt 32.74b / FCF TTM 4.32b)
Total Stockholder Equity = 21.94b (last 4 quarters mean from totalStockholderEquity)
RoA = 5.19% (Net Income 3.40b / Total Assets 66.64b)
RoE = 15.47% (Net Income TTM 3.40b / Total Stockholder Equity 21.94b)
RoCE = 11.63% (EBIT 6.27b / Capital Employed (Equity 21.94b + L.T.Debt 31.99b))
RoIC = 8.99% (NOPAT 4.90b / Invested Capital 54.50b)
WACC = 5.85% (E(51.82b)/V(84.63b) * Re(8.87%) + D(32.82b)/V(84.63b) * Rd(1.38%) * (1-Tc(0.22)))
Discount Rate = 8.87% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 100.0 | Cagr: 3.83%
[DCF] Terminal Value 88.43% ; FCFF base≈3.74b ; Y1≈4.61b ; Y5≈7.85b
[DCF] Fair Price = 311.4 (EV 228.66b - Net Debt 32.74b = Equity 195.92b / Shares 629.2m; r=5.90% [WACC]; 5y FCF grow 25.0% → 2.90% )
EPS Correlation: 83.30 | EPS CAGR: 16.65% | SUE: 0.10 | # QB: 0
Revenue Correlation: 60.07 | Revenue CAGR: 13.41% | SUE: 1.14 | # QB: 1
EPS next Quarter (2026-03-31): EPS=1.32 | Chg7d=+0.012 | Chg30d=+0.012 | Revisions Net=-2 | Analysts=5
EPS current Year (2026-12-31): EPS=5.71 | Chg7d=-0.123 | Chg30d=-0.135 | Revisions Net=-5 | Growth EPS=+5.4% | Growth Revenue=-5.6%
EPS next Year (2027-12-31): EPS=6.15 | Chg7d=-0.159 | Chg30d=-0.196 | Revisions Net=-3 | Growth EPS=+7.6% | Growth Revenue=+11.3%
[Analyst] Revisions Ratio: -1.00 (0 Up / 2 Down within 30d for Next Quarter)
[Growth] Implied Growth Rate = 2.3% (Discount Rate 8.9% - Earnings Yield 6.6%)
[Growth] Growth Spread = +16.6% (Analyst 18.9% - Implied 2.3%)