LIVE

OKE

ONEOK, Inc.

OKE

NYSE·Energy·Oil & Gas Midstream·Mkt cap $54.0B

$87.54

▲ +2.11%

View full research view

Our plain-language verdict, the thesis, risk factors, and what is changing about the business.

View research view

52-Week Range

$64.02 - $96.07

P/E

15.60

Fwd P/E

15.11

Beta

0.71

Div Yield

4.90%

Avg Vol

4.1M

Shares Out

630.0M

Mkt Cap

$54.0B

Price action

Price chart

Up 4.4% over the trailing year

1W
1M
3M
6M
YTD
1Y
5Y
MAX

Total returns

Price performance

Total return across standard periods - splits & dividends adjusted by FMP. Periods longer than 1Y show annualized in the tooltip.

Why we rate it this way

The thesis at a glance

Bull and bear case · plain-English context across the five lenses we evaluate.

▲

Bull Case

4 reasons

  • Extensive midstream infrastructure network
  • Diversified geographic footprint
  • Long-term, fee-based contracts
  • Strategic asset positioning in key energy production regions
▼

Bear Case

1 risk

  • Low volatility (beta 0.7).

Growth

Stable outlook

Increasing domestic natural gas production

Value

Fairly valued vs Midstream & Pipelines peers

Momentum

Stable

-2.9% over 3m

Quality

Stable

Excellent business quality

Dividend

Solid

4.90% yield

Earnings track record

Recent earnings results

AI-summarized recap of last quarter, plus the surprise on every print.

Next: Apr 27, 2026

“
Q2 26 RECAP

APR 28, 2026

Reported EPS of $1.23 vs $1.30 consensus (-5.4% surprise). Revenue of $8.5B vs $8.2B expected (+3.2%).

EPS miss
Rev beat +3.2%

EPS surprise · last 4Q

0 of 1 beats

Q2 26

-5.4%

Next: Apr 27, 2026

Revenue trend · last 8Q

—

—

+35%

+68%

+61%

+72%

+30%

+20%

Q2 24

Q3 24

Q4 24

Q1 25

Q2 25

Q3 25

Q4 25

Q1 26

$4.9B

$5.0B

$7.0B

$8.0B

$7.9B

$8.6B

$9.1B

$9.6B

Margins · last 8Q

Gross

26.7%

Operating

14.8%

Profit

8.1%

View full earnings history →

Wall Street consensus

11 analysts · 45% Buy

Live ratings and price targets aggregated across covering analysts.

Buy

5

45%

Hold

6

55%

Sell

0%

Median Price Target

$91.00

▲ +4.0% vs $87.54

Low $89.00
Median $91.00
High $93.00

Latest: JP Morgan · May 8, 2026

4 analysts covering

View full analyst page →

vs Industry

How OKE stacks vs Oil & Gas Midstream

Stock metrics vs industry averages. Green = better than industry.

Industry comparison data unavailable for this stock.