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ONEOK, Inc. (OKE)

95.43 -0.32 (-0.33%)
At close: September 4 at 4:00:03 PM EDT
95.72 +0.29 (+0.30%)
After hours: September 4 at 7:49:20 PM EDT
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What's happening with OKE?

39m ago
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ONEOK (OKE) has experienced a 9.2% stock increasesince its last earnings report, driven by strong Q2 performance and a strategic $4.425 billion acquisitionof Brazos Midstream assets, aimed at enhancing its Permian Basin operations.

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  • Previous Close 95.75
  • Open 94.90
  • Bid 94.91 x 10000
  • Ask 96.39 x 10000
  • Day's Range 94.08 - 95.59
  • 52 Week Range 64.02 - 99.85
  • Volume 3,412,754
  • Avg. Volume 3,682,470
  • Market Cap (intraday) 60.156B
  • Beta (5Y Monthly) 0.72
  • PE Ratio (TTM) 16.48
  • EPS (TTM) 5.79
  • Earnings Date Oct 27, 2026
  • Forward Dividend & Yield 4.28 (4.47%)
  • Ex-Dividend Date Aug 3, 2026
  • 1y Target Est 99.95

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.

www.oneok.com

6,326

Full Time Employees

December 31

Fiscal Year Ends

Energy

Sector

Recent News

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Performance Overview

Trailing total returns as of 9/4/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC) .

YTD Return

OKE
34.78%
S&P 500 (^GSPC)
12.75%

1-Year Return

OKE
35.27%
S&P 500 (^GSPC)
18.71%

3-Year Return

OKE
69.47%
S&P 500 (^GSPC)
70.93%

5-Year Return

OKE
135.19%
S&P 500 (^GSPC)
70.18%

Earnings Trends

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Earnings Per Share

GAAP
Normalized
GAAP
Normalized

Revenue vs. Earnings

Annual
Quarterly
Annual
Quarterly
Q2 FY26
Revenue 12.05B
Earnings 966M
Profit Margin 8.02%

Q3

FY25

Q4

FY25

Q1

FY26

Q2

FY26

0
2B
4B
6B
8B
10B
12B
9.0%
10.0%

Analyst Insights

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Analyst Price Targets

89.00 Low
99.95 Average
95.43 Current
111.00 High

Analyst Recommendations

  • Strong Buy
  • Buy
  • Hold
  • Underperform
  • Sell

Latest Rating

Date 9/3/2026
Analyst Citigroup
Rating Action Maintains
Rating Buy
Price Action Raises
Price Target 97 -> 108

Statistics

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Valuation Measures

Annual
  • Market Cap

  • Enterprise Value

  • Trailing P/E

  • Forward P/E

  • PEG Ratio (5yr expected)

  • Price/Sales (ttm)

  • Price/Book (mrq)

  • Enterprise Value/Revenue

  • Enterprise Value/EBITDA

Financial Highlights

Profitability and Income Statement

  • Profit Margin

    9.29%

  • Return on Assets (ttm)

    5.77%

  • Return on Equity (ttm)

    16.28%

  • Revenue (ttm)

    39.37B

  • Net Income Avi to Common (ttm)

    3.66B

  • Diluted EPS (ttm)

    5.79

Balance Sheet and Cash Flow

  • Total Cash (mrq)

    161M

  • Total Debt/Equity (mrq)

    143.07%

  • Levered Free Cash Flow (ttm)

    899.88M

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