Oneok Earnings: Guidance Raise on Commodity Price Strength
Management raised and narrowed full-year EBITDA guidance to a midpoint of $8.55 billion from $8.35 billion, driven partly by the Brazos acquisition but mostly by commodity price tailwinds.
ONEOK Inc OKE
Bulls Say, Bears Say
Bulls
By acquiring Magellan, Medallion, and EnLink, Oneok opened new avenues for productively deploying capital.
Bears
The NGL segment lacks international access and must sell through intermediaries or to domestic consumers.
News
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ONEOK Announces Higher Third-Quarter 2026 Earnings and Increases 2026 Financial Guidance
-
ONEOK Declares Quarterly Dividend
-
ONEOK Completes Acquisition of Brazos Midstream’s Permian Midland Basin Assets
-
ONEOK Schedules Third-Quarter 2026 Conference Call and Webcast
-
ONEOK Announces Pricing Terms of Cash Tender Offers
-
ONEOK Announces Early Results of Cash Tender Offers
-
ONEOK Closes $9 Billion Minority Equity Investment with Apollo
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ONEOK Announces Cash Tender Offers in Connection with $5 Billion Debt Repayment Plan
Trading Information
- Previous Close Price
- $95.82
- Day Range
- $95.98–97.65
- 52-Week Range
- $64.02–99.85
- Bid/Ask
- $95.54 / $97.81
- Shares Outstanding
- 630.45M
- Market Cap
- $61.20B
- Volume/Avg
- 4M / 4M
Key Statistics
- Price/Earnings (Normalized)
- 15.05
- Price/Sales
- 1.42
- Dividend Yield (Trailing)
- 4.37%
- Dividend Yield (Forward)
- 4.41%
- Dividend Payment Schedule
- Feb, May, Aug, Nov
- Total Yield
- 4.49%
Company Profile
Oneok is a diversified midstream service provider specializing in natural gas gathering, processing, storage, and transportation, as well as natural gas liquids transportation and fractionation. It also operates in the refined product and crude oil segment, connecting producers, refiners, and consumers. Operations are in the midcontinent, Permian, and Rocky Mountain regions.
- Sector
- Energy
- Industry
- Oil & Gas Midstream
- Stock Style Box
- Mid Value
- Total Number of Employees
- 6,326
- Website
- https://www.oneok.com
Competitors
Valuation
|
Metric
|
OKE
|
EPD
|
MPLX
|
|---|---|---|---|
Price/Earnings (Normalized) | 15.05 | 13.18 | 13.25 |
Price/Book Value | 2.62 | 2.72 | 4.35 |
Price/Sales | 1.42 | 1.29 | 5.23 |
Price/Cash Flow | 9.42 | 8.95 | 10.54 |
Price/Earnings
OKE
EPD
MPLX
Financial Strength
|
Metric
|
OKE
|
EPD
|
MPLX
|
|---|---|---|---|
Quick Ratio | 0.59 | 0.56 | 0.81 |
Current Ratio | 0.84 | 0.93 | 0.89 |
Interest Coverage | 3.81 | 5.22 | 5.11 |
Quick Ratio
OKE
EPD
MPLX
Profitability
|
Metric
|
OKE
|
EPD
|
MPLX
|
|---|---|---|---|
Return on Assets (Normalized) | 6.07% | 8.10% | 10.99% |
Return on Equity (Normalized) | 18.48% | 21.66% | 32.72% |
Return on Invested Capital (Normalized) | 9.91% | 12.25% | 14.38% |
Return on Assets
OKE
EPD
MPLX
Oil & Gas Midstream Industry Comparables
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United States