NYSE · Oil & Gas Midstream

OKE (OKE) Stock

$95.69 -0.33% NYSE: OKE Energy

Valuation

MetricValue
Price$95.69
Market Cap$60.30B
P/E Ratio16.33
P/B Ratio2.61
P/S Ratio1.52
EPS (TTM)$5.42
52-Week High$97.90
52-Week Low$64.02
Dividend Yield4.51%

Financials & Margins

MetricValue
ROE16.28%
ROA5.34%
ROCE11.86%
Gross Margin20.72%
Operating Margin20.72%
Net Margin9.29%
Debt/Equity1.44
Current Ratio0.71

Annual Financials (USD)

Metric20212022202320242025
Revenue$17.3B$22.9B$17.7B$21.6B$33.6B
Operating Profit$2.9B$3.0B$4.1B$5.0B$7.0B
Net Profit$1.5B$1.7B$2.7B$3.0B$3.4B
EPS$3.35$3.84$5.48$5.17$5.42
Op Margin16.5%13.3%23.0%23.2%20.7%

Balance Sheet (USD)

Metric20212022202320242025
Total Assets$23.6B$24.4B$44.3B$64.1B$66.6B
Total Liabilities$17.6B$17.9B$27.8B$41.9B$44.1B
Cash$146.0M$220.0M$338.0M$733.0M$78.0M
Borrowings$13.7B$13.7B$21.8B$32.3B$32.8B

Latest News

Goldman Sachs Adjusts Price Target on ONEOK to $89 From $88 MT Newswires · Jul 10, 2026 Mizuho Adjusts Price Target on ONEOK to $95 From $91 MT Newswires · Jul 10, 2026 JPMorgan Raises Price Target on ONEOK to $95 From $92 MT Newswires · Jul 10, 2026 ONEOK (OKE) Joins Defensive Indexes As The Market Weighs Its Value Case Simply Wall St. · Jul 10, 2026 Oneok Inc. (OKE) Stock Drops Despite Market Gains: Important Facts to Note Zacks · Jul 9, 2026

Cash Flow (USD)

Metric20212022202320242025
Operating Cash Flow$2.5B$2.9B$4.4B$4.9B$5.6B
Investing Cash Flow$-1.4B$-2.3B$-8.0B$-8.6B$-6.9B
Financing Cash Flow$-20.0M$-27.0M$-58.0M$-294.0M$-750.0M
Net Cash Flow$-378.0M$74.0M$118.0M$395.0M$-655.0M
Free Cash Flow$1.8B$1.7B$2.8B$2.9B$2.4B

Valuation & Return Ratios

MetricValue
PEG Ratio1.25
EV / EBITDA11.71
FCF Yield4.86%
Quick Ratio0.59
Interest Coverage4.10
Return 1Y31.64%
Return 3Y69.06%
Return 5Y117.16%

Ownership

Insiders Held0.15%
Institutions Held83.49%
Institutions Float Held83.61%
Institutional HolderSharesReport Date
Blackrock Inc.59,388,6992026-03-31
State Street Corporation41,574,3812026-03-31
Vanguard Capital Management LLC40,867,5322026-03-31
Vanguard Portfolio Management LLC30,817,9182026-03-31
Charles Schwab Investment Management, Inc.18,368,6222026-03-31

Peer Comparison

TickerPriceChangeP/EMarket CapDiv Yield
ETEnergy Transfer LP $20.18 +2.64% 15.06 $69.44B 0.00%
FANG $203.16 +1.34% 39.03 $57.15B 2.20%
IMO $134.94 +2.74% 31.26 $66.11B 1.64%
LNG $294.13 +0.84% 9.58 $61.64B 0.94%
MPLXMPLX Lp $56.72 +0.54% 12.25 $57.55B 0.00%

About OKE

OKE is led by CEO Pierce H. Norton, employs 6,326 people, headquartered in Tulsa, US, publicly traded since 1980.

OKE stock trades at $95.69 with a market capitalization of $60.30B. The stock is valued at a price-to-earnings (P/E) ratio of 16.33, price-to-book of 2.61, price-to-sales of 1.52. Over the past 52 weeks the stock has ranged between $64.02 and $97.90, and currently trades 2.3% below its 52-week high. It pays a dividend yielding 4.51%.

On profitability, OKE generates a return on equity (ROE) of 16.28%, above the typical market average, return on capital employed of 11.86%, an operating margin of 20.72%, a net profit margin of 9.29%.

In its most recent fiscal year, OKE reported annual revenue of $33.6B, net profit of $3.4B, revenue has compounded at 31.8% a year over the last five years, profit at 40.8% a year. Profit growing faster than revenue points to expanding margins.

The balance sheet shows a debt-to-equity ratio of 1.44, a current ratio of 0.71, total assets of $66.6B, $78.0M in cash and equivalents.

OKE has a beta of 0.71 (less volatile than the overall market).

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