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Stocks/Energy/Oil & Gas Storage & Transportation

OneokOKE

Oil & Gas Storage & Transportation · Tulsa, Oklahoma · In the S&P 500
Solid business
$97.07+1.30%After hours: $97.16 (+0.09%)At the close, 30 Oct · Prices from CNBC, may be delayed
▲ 44.4% over 1 year
Oneok over 1 yearDaily close, $, to 30 Oct 2026
$70$80$90Nov2026MarMayJulSep$97.07$80NovMarJul$97.07
Source: Nasdaq daily closes
Market value$61.20B
Price to earnings15.1x
Forward P/E16.3x
Dividend yield4.41%
Year to date+32.1%
One year+44.4%
Next earningsNot scheduled
SectorEnergy
52-week range (closes)
$64.31$97.51

The latest on Oneok

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Quality and valuation

How Oneok compares with other energy stocks. A description, not a recommendation.

Oneok and 5 oil & gas storage & transportation peers. Across: valuation (P/E) against the sector. Up: business quality against the sector. Hover or tap a logo for its numbers.

Business quality: about averageValuation: in line with its sector

An average business among energy companies, priced about in line with them.

Oneok trades at 16.3 times the next 12 months of expected earnings, against a median of 12.8x for the 25 energy stocks we cover. The quality score blends where it ranks on revenue growth, gross margin, operating margin and free-cash-flow margin (net margin for banks and insurers) over the last 12 months, from SEC filings.

  • Revenue grew faster than the sector median: +36.8% vs +13.3%
  • Keeps less of each sale (gross margin): 25.2% vs 25.2%
  • Less profitable (operating margin): 14.2% vs 22.9%
  • Turns less of its sales into cash: 5.9% vs 9.8%
OKE trades at 16.3x forward earnings, above the sector medianForward p/e, Oil & Gas Storage & Transportation peers
VLO5.9xMPC6.2xBP6.9xSHEL9.3xCVX12.5xXOM12.8xCOP13.3xOKE16.3xSector median 12.8xVLO5.9xMPC6.2xBP6.9xSHEL9.3xCVX12.5xXOM12.8xCOP13.3xOKE16.3xSector median 12.8x
Source: CNBC quotes; Mostly Markets
At 15.1x earnings, OKE is cheaper than its average since Oct 2024Price over the last 12 months of reported (GAAP) diluted EPS
P/EUsual range (±1 s.d.)
20xAverage 16.4x2025202615.1x20xAverage 16.4x2025202615.1x
Source: Nasdaq prices; SEC filings

Financials

From Oneok's SEC filings, through the quarter ending 30 Sep 2026. Hover or tap a bar for its value.

Revenue grew 44.3% from a year earlierQuarterly revenue, $bn, latest Q3 ’26
$0bn$5bn$10bnQ4 ’24Q2 ’25Q4 ’25$12.5bnQ3 ’26$0bn$5bn$10bnQ4 ’24Q2 ’25Q4 ’25$12.5bnQ3 ’26
Source: SEC filings
Growth slowed to +44.3% last quarterRevenue growth, year on year, %
0%20%40%60%Q4 ’24Q2 ’25Q4 ’2544.3%Q3 ’260%25%50%Q4 ’24Q2 ’25Q4 ’2544.3%Q3 ’26
Source: SEC filings
Operating margin was 12.6% last quarterOperating income as a share of revenue, %
0%10%20%Q4 ’24Q2 ’25Q4 ’2512.6%Q3 ’260%10%20%Q4 ’24Q2 ’25Q4 ’2512.6%Q3 ’26
Source: SEC filings
Free cash flow was $2.5 billion over 12 monthsQuarterly free cash flow (operating cash flow minus capex), $bn
$0.0bn$0.5bn$1.0bnQ4 ’24Q2 ’25Q4 ’25$0.4bnQ3 ’26$0.0bn$0.5bn$1.0bnQ4 ’24Q2 ’25Q4 ’25$0.4bnQ3 ’26
Source: SEC filings
Last 12 monthsOKESector median
Revenue growth+36.8%+13.3%
Gross margin25.2%25.2%
Operating margin14.2%22.9%
Free cash flow margin5.9%9.8%
Price to earnings15.1x17.2x

Similar companies

Oil & Gas Storage & Transportation, by market value.

CompanyPriceTodayYTDValue
XOMExxon Mobil$187.25+2.16%+55.6%$770B
CVXChevron$235.52+1.75%+54.5%$465B
SHELShell$108.69+0.95%+47.9%$310B
COPConocoPhillips$154.03+2.67%+64.5%$185B
BPBP$50.39+0.08%+45.1%$132B
MPCMarathon Petroleum$444.73+2.83%+173.5%$125B
VLOValero Energy$399.66+3.92%+145.5%$111B
PSXPhillips 66$282.83+3.37%+119.2%$110B