ONEOK (OKE) Stock Price, News & Analysis

Company Overview

ONEOK, Inc. (NYSE: OKE) is an energy infrastructure company that gathers, processes, stores and transports natural gas and natural gas liquids (NGLs). Its operations connect production areas with domestic and international markets through pipelines, processing facilities, fractionation plants, storage assets and export infrastructure.

The company’s services include natural gas gathering and processing, interstate and intrastate natural gas transportation and storage, and the gathering, fractionation, storage and transportation of NGLs such as ethane, propane, normal butane, isobutane and natural gasoline. Following its acquisition of Magellan Midstream Partners in 2023, ONEOK also operates crude oil and refined petroleum products pipelines and terminals.

ONEOK traces its history to 1906, when it was established as Oklahoma Natural Gas. Based in Tulsa, Oklahoma, the company serves key energy-producing and consuming regions across the United States, including the Mid-Continent, Rocky Mountain, Permian and Gulf Coast areas. Pierce H. Norton II serves as president and chief executive officer.

Key Stats

• Today's Range: $95.97 to $99.04
• 50-Day Range: $86.33 to $97.62
• 52-Week Range: $64.02 to $99.85
• Volume: 3.71 million shs
• Average Volume: 3.21 million shs
• Market Capitalization: $61.17 billion
• P/E Ratio: 16.73
• Dividend Yield: 4.41%
• Price Target: $96.06
• Consensus Rating: Hold

ONEOK Stock Analysis - MarketRank™

ONEOK scored higher than 74% of companies evaluated by MarketBeat, and ranked 76th out of 250 stocks in the energy sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.2 / 5
• Analyst Rating: Hold

Consensus Rating

ONEOK has received a consensus rating of Hold. The company's average rating score is 2.42, and is based on 1 strong buy rating, 6 buy ratings, 12 hold ratings, and no sell ratings.

Upside/Downside

The consensus price target for ONEOK is close to its current price, suggesting limited near-term upside or downside.

Amount of Analyst Coverage

ONEOK has been the subject of 15 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 2.5 / 5
• Proj. Earnings Growth: 8.71%

Earnings Growth

Earnings for ONEOK are expected to grow by 8.71% in the coming year, from $5.74 to $6.24 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of ONEOK is 16.73, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 39.01.

Price to Earnings Ratio vs. Sector

The P/E ratio of ONEOK is 16.73, which means that it is trading at a less expensive P/E ratio than the Energy sector average P/E ratio of about 21.58.

Price to Earnings Growth Ratio

ONEOK has a PEG Ratio of 2.74. PEG Ratios above 1 indicate that a company could be overvalued.

Price to Book Value per Share Ratio

ONEOK has a P/B Ratio of 2.71. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 2.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

4.13% of the float of ONEOK has been sold short.

Short Interest Ratio / Days to Cover

ONEOK has a short interest ratio ("days to cover") of 7.52.

Change versus previous month

Short interest in ONEOK has recently increased by 3.70%, indicating that investor sentiment is decreasing.

Dividend

• Score: 3.3 / 5
• Dividend Strength: Strong

Dividend Leadership

ONEOK is a leading dividend payer. It pays a dividend yield of 4.43%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

ONEOK has only been increasing its dividend for 3 years.

Dividend Coverage

The dividend payout ratio of ONEOK is 73.79%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, ONEOK will have a dividend payout ratio of 68.59% next year. This indicates that ONEOK will be able to sustain or increase its dividend.

News and Social Media

• Score: 4.3 / 5
• News Sentiment: 0.94

News Sentiment

ONEOK has a news sentiment score of 0.94. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.83 average news sentiment score of Energy companies.

News Coverage This Week

MarketBeat has tracked 21 news articles for ONEOK this week, compared to 10 articles on an average week.

Search Interest

48 people have searched for OKE on MarketBeat in the last 30 days. This is an increase of 50% compared to the previous 30 days.

MarketBeat Follows

33 people have added ONEOK to their MarketBeat watchlist in the last 30 days. This is an increase of 154% compared to the previous 30 days.

Company Ownership

• Score: 0.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, ONEOK insiders have not sold or bought any company stock.

Percentage Held by Insiders

0.19% of the stock of ONEOK is held by insiders.

Percentage Held by Institutions

69.13% of the stock of ONEOK is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

Company Calendar

• Last Earnings: 8/03/2026
• Record date for 8/14 Dividend: 8/03/2026
• Ex-Dividend for 8/14 Dividend: 8/03/2026
• Dividend Payable: 8/14/2026
• Today: 9/14/2026
• Next Earnings (Estimated): 10/27/2026
• Fiscal Year End: 12/31/2026

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Energy
• Industry: Oil, Gas & Consumable Fuels
• Sub-Industry: Oil & Gas Storage & Transportation
• Current Symbol: NYSE:OKE
• CIK: 1039684
• Web: www.oneok.com
• Phone: (918) 588-7000
• Fax: 918-588-7273
• Employees: 6,326
• Year Founded: 1906

Price Target and Rating

• Average Price Target for ONEOK: $96.06
• High Price Target: $112.00
• Low Price Target: $72.00
• Potential Upside/Downside: -1.0%
• Consensus Rating: Hold
• Rating Score (0-4): 2.42
• Research Coverage: 19 Analysts

Profitability

• EPS (Trailing Twelve Months): $5.80
• Trailing P/E Ratio: 16.73
• Forward P/E Ratio: 16.91
• P/E Growth: 2.74
• Net Income: $3.39 billion
• Net Margins: 9.29%
• Pretax Margin: 12.13%
• Return on Equity: 16.41%
• Return on Assets: 5.48%

Debt

• Debt-to-Equity Ratio: 1.34
• Current Ratio: 0.74
• Quick Ratio: 0.59

Sales & Book Value

• Annual Sales: $33.63 billion
• Price / Sales: 1.82
• Cash Flow: $7.83 per share
• Price / Cash Flow: 12.39
• Book Value: $35.87 per share
• Price / Book: 2.71

Miscellaneous

• Outstanding Shares: 630,370,000
• Free Float: 629,172,000
• Market Cap: $61.17 billion
• Optionable: Optionable
• Beta: 0.74