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ONEOK Inc OKE

US equityMarket cap rank #285Oil & Gas MidstreamNatural Gas
$91.23
+$0.69 (+0.76%)
Market open · Sep 24, 2:00 pm ET
After hours $90.54 0.00%
Open$91.11
Prev close$90.54
Day range$90.37 – $92.16
Volume1.33M
Market cap$57.51B
P/E (TTM)15.8
Dividend yield4.60%

Price chart

Daily bars for up to one year, weekly bars for the 5-year view. Averages are 50/200 trading days (10/40 weeks on the 5-year view).

OKE at a glance

Shares of ONEOK Inc are up 0.76% at $91.23. The company is worth $57.51B, number 285 out of 300 on our list.

Over the past 52 weeks it has traded between $61.67 and $99.85, so it sits 8.6% below the top of that range. Holders are ahead 30.6% over twelve months, and up 5.7% across the last three months.

Price is below the 50-day average ($92.58) but above the 200-day ($84.79); RSI is 43, and the last 30 sessions moved at roughly 23% annualized volatility.

Revenue for the quarter ended Jun 2026 was $12.05B, up 52.8% from a year earlier, with $967.00M of net profit (a 9.3% margin).

Valuation works out to 15.8 times trailing earnings, 5% below its five-year average of 16.6. The median for its industry group is 20.7.

14 analysts follow the stock and the average call is "buy". The mean target, $101.36, sits 11.1% over where the stock trades.

This summary is put together from the numbers on the page and updates when they do. It describes the data; it is not a forecast or a recommendation.

ONEOK Inc: the business

ONEOK operates natural gas and natural gas liquids pipelines and processing plants, particularly in the Rockies and mid-continent.

What tends to move it. Volumes moving through its systems and fee-based contracts support cash flow and a sizeable dividend.

Written by hand by the BeStock desk and revised when a business changes. See how we work. Spot something out of date? Tell us.

Performance

Price return over each window, from adjusted daily and weekly closes

1 day
+0.8%
1 week
-1.6%
1 month
-1.9%
3 months
+5.7%
6 months
+2.7%
Year to date
+28.8%
1 year
+30.6%
Day range
$90.37$92.16
52-week range
$61.67$99.85

Technical signals

Full technicals →
Trend readLeaning bearish

2 bullish · 5 bearish of 7 signals

IndicatorValueSignal
Price vs 20-day average-3.6%Bearish
Price vs 50-day average-1.5%Bearish
Price vs 200-day average+7.6%Bullish
50-day vs 200-day50d above 200dBullish
RSI (14)43.2Bearish
MACD (12,26,9)-0.28Bearish
Bollinger band position6%Bearish

Standard indicator readings worked out from daily closes. They describe how the price has behaved, not where it is going.

Key statistics

Bid / Ask$91.20 / $91.25
Average price today$91.33
Volume1.33MAvg (90d) 3.71M
Turnover$121.39M
Turnover rate0.21%of shares outstanding
Volume ratio0.38vs. recent average pace
Day amplitude1.98%
Market cap$57.51B
Float market cap$57.35B
Shares outstanding628.59M
EPS (TTM)$5.42
P/E (TTM)15.76
P/B2.51
Book value / share$36.38
Earnings yield0.16%
Dividend (TTM)$4.20 / shareYield 4.60%
Net profit (TTM)$3.42B
Net assets$22.94B
30-day volatility22.9%annualized
Avg daily range (ATR)2.68%of price, 14 days
Max drawdown (1y)-11.9%-6.4% from 1y peak

Quote as of Sep 24, 2026 2:00 pm ET. Prices can lag the live tape. This is background information, not a recommendation.

How OKE ranks on BeStock

Market value#285 of 300
P/E (cheapest = 1)#64 of 283
Dividend yield#19 of 244
Closeness to 52-week high#88 of 300
Dollar volume today#236 of 300

Ranks are among the 300 or so U.S.-listed stocks BeStock covers, recalculated whenever prices refresh. A row is left out when the measure does not apply, such as yield for a stock that pays no dividend.

Latest reported quarter: Q2, ended Jun 2026

Revenue$12.05B+52.8% YoY
Operating profit$1.60B+9.9% YoY
Net profit$967.00M+13.4% YoY
Diluted EPS$1.53+14.2% YoY
Free cash flow$1.44B+85.6% YoY
Operating cash flow$2.05B

Revenue, last 8 quarters

$5.0BSep '24$7.0BDec '24$8.0BMar '25$7.9BJun '25$8.6BSep '25$9.1BDec '25$9.6BMar '26$12.0BJun '26

Net profit, last 8 quarters

$693.0MSep '24$1.0BDec '24$691.0MMar '25$853.0MJun '25$940.0MSep '25$978.0MDec '25$776.0MMar '26$967.0MJun '26

Profitability & balance sheet

Gross margin23.3%
Operating margin15.6%
Net margin9.3%
Return on equity16.3%
Return on assets5.5%
Return on invested capital9.1%
Current ratio0.74
Liabilities / assets66.3%
Cash & investments$161.00M
Total debt$33.02B
Net cash (debt)-$32.86B
Free cash flow / sales7.4%

Where the revenue comes from

Quarter 2026/Q2

By business line

  • Refined Products and Crude$7.13B 50.8%
  • Natural Gas Liquids$4.59B 32.7%
  • Natural Gas Gathering and Processing$1.88B 13.4%
  • Natural Gas Pipelines$449.00M 3.2%
Average move on report day±2.6%last 16 reports
Closed higher4 of 1625% of the time
Best reaction+4.7%
Worst reaction-6.5%

Stock move on the day after each report

+0.6%2024/Q3-2.4%2024/Q4-6.5%2025/Q1-5.2%2025/Q2-2.7%2025/Q3-5.1%2025/Q4-0.5%2026/Q1-0.7%2026/Q2

"Implied move" is the size of move the options market was pricing ahead of the report. Move is the stock’s change on the first session after the release.

Valuation

Multiples measured against the stock's own five-year history

Valuation detail →
Price / earnings16.7x
CheapRich

Around its usual level · 52nd percentile, 5-year average 16.6x

#1261 of 2977 stocks by PE (1 = cheapest)

Price / book2.7x
CheapRich

Below its usual level · 34th percentile, 5-year average 3.5x

#3380 of 5304 stocks by PB (1 = cheapest)

Price / sales1.5x
CheapRich

Below its usual level · 34th percentile, 5-year average 1.9x

#2080 of 5143 stocks by PS (1 = cheapest)

P/E over five years

10x15x20x25xSep '21Mar '24Sep '26

Dashed line is the 5-year average; the shaded band is one standard deviation either side.

Morningstar fair value estimate

Fair value$98.00
Price vs. fair value-6.9%Trading below the estimate
Star rating★★★☆☆
Economic moatNarrow
UncertaintyMedium

Analyst view

All ratings →
ConsensusBuy
Analysts14
Average target$101.36+11.1% vs. price
  • Buy 36%
  • Hold 64%
Low $88.00Now $91.23Avg $101.36High $112.00

Latest rating actions

  • 10 Sep 2026Morgan StanleyHOLD · PT $112.00
  • 10 Sep 2026StifelHOLD · PT $105.00
  • 9 Sep 2026Morgan StanleyHOLD · PT $112.00
  • 9 Sep 2026StifelHOLD · PT $105.00
  • 3 Sep 2026CitiBUY · PT $108.00

Ownership & positioning

Who holds it, who is betting against it, and where the big money is moving

Ownership detail →
Institutional ownership83.2%-0.01 pts vs. prior quarter
Institutions holding1,850-2 vs. prior quarter
Insider trades (recent)5 buys / 1 sellsNet buying
Short interest4.13% of floatDays to cover 7.5 · as of 31 Aug 2026
Short-sale volume share27.9%5-day average of daily volume

Short-sale volume as % of daily volume

17%23%30%36%Aug '26Sep '26Sep '26

Large-order net flow, last 20 sessions

Net of large-order buying minus selling, in USD. Over this window: −$21.93M (7 inflow days, 13 outflow days).

Dividends

Dividend yield (TTM)4.60%
Last dividend$1.07Ex-date 3 Aug 2026
Next-to-last$1.07
Payments on file40

Dividends paid per share, by year

3.2520183.5320193.7420203.7420213.7420223.8220233.9620244.122025

Across the full calendar years shown, the annual payout grew by roughly 3.5% a year.

Latest headlines

More news →
  • Morgan Stanley Maintains ONEOK Inc(OKE.US) With Hold Rating, Raises Target Price to $112Market news · 9 Sep 2026
  • A Quick Look at Today's Ratings for ONEOK Inc(OKE.US), With a Forecast Between $104 to $108Market news · 3 Sep 2026
  • A Quick Look at Today's Ratings for ONEOK Inc(OKE.US), With a Forecast Between $104 to $106Market news · 2 Sep 2026
  • Stifel Initiates ONEOK Inc(OKE.US) With Hold Rating, Announces Target Price $105Market news · 10 Sep 2026
  • Stifel Maintains ONEOK Inc(OKE.US) With Hold Rating, Maintains Target Price $105Market news · 10 Sep 2026
  • OKE Precision Cutting Tools Yi: Hunan Qiyuan Law Firm\'s Legal Opinion on the Differentiated Distribution of Rights in Zhuzhou OKE Precision Cutting Tools CNC Precision Tool Co., Ltd.SZSI · 10 Jul 2026

OKE stock: common questions

What is OKE's latest share price?

$91.23 is the latest print for OKE, a move of +0.76% against yesterday's close of $90.54. Today's low and high so far: $90.37 and $92.16.

How big is ONEOK Inc?

Equity value comes to $57.51B at the current price. By that measure it is number 285 of the 300 names in our coverage.

How is ONEOK Inc valued against its profits?

Buyers pay 15.8 times the last twelve months of profit (EPS $5.42). Averaged over five years the multiple has been 16.6, and today's level ranks in the 52nd percentile of its own history.

How far is OKE from its yearly high?

The year's floor is $61.67 and the ceiling $99.85. Shares are 8.6% away from that ceiling.

Are there dividends on ONEOK Inc shares?

It does. Payouts over the past twelve months work out to a 4.60% yield; the latest ex-dividend date was August 3, 2026.

Do Wall Street analysts like OKE?

Of 14 analysts, 36% say buy, 64% hold and 0% sell. Price targets average $101.36, with the most cautious at $88.00 and the most optimistic at $112.00.

How does ONEOK Inc make money?

ONEOK operates natural gas and natural gas liquids pipelines and processing plants, particularly in the Rockies and mid-continent.

BeStock publishes market data and analysis for information only. Nothing here is investment advice or a solicitation to buy or sell any security. Quotes may be delayed and figures can contain errors; check primary sources before you trade. How we source and calculate these pages.

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