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Company Analysis

ONEOK, Inc. OKE

A comprehensive view of key metrics, scores, and financial health for ONEOK, Inc.

Overview of ONEOK, Inc.

OKE NYQ
Energy Oil & Gas Midstream Large Cap
ONEOK, Inc. (OKE), is a Large Cap company, in the Oil & Gas Midstream industry, last closed at $85.36, about 23.1% overvalued vs fair value, -13.3% 1Y return, ranked 104/254 in sector.
$85.36
0.51%
As of March 13, 2026
Previous close • Vol 90d: 27.4%
52-Week Range
Market Cap
$54.75B
Enterprise Value
$87.49B
Overall Score
Scores locked

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Top Beats

Quick Facts

Website https://www.oneok.com/
HQ Tulsa, OK
Employees 6,326
Fiscal year Dec 31

Next Events

Earnings Apr 28 Estimated

Fair Value Snapshot

Bear Base Bull
$58
$66
$73
Current: $85.36 -23% vs base

Engine Room Money Flow™

Large Cap

Commodities & Mining - Where revenue goes and how value is created

Flow Steps
Revenue
None
55%%
Gross Profit
$7.2B
-0.5%%
Operating Income
$7.0B
37.6%%
EBITDA
None
17.7%%
Money Flow Bridge
Flow Direction: Money moves from left to right
Components: Breakdown shows composition of each stage
Industry-Specific: Commodities & Mining

Quality & Reliability Indicators

Cash Conversion Ratio
0.84x
Good

Free cash flow relative to net income

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Owner's Pocket - Capital Allocation

Total Returned to Shareholders

Combined dividends, buybacks, and debt reduction

$693.0M
24.2% of FCF

Where It Leaks

Cash Flow Health some concerns
Moderate efficiency issues detected. Review active leaks below for improvement areas.
4
Active Leaks
1/4
Improving
0
High Impact
0
Critical
Locked Leak
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Locked Leak
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Moat Analysis Corporate Default

Competitive Advantage Assessment

Evaluating ONEOK, Inc.'s durable competitive advantages across 6 defense dimensions

Overall Moat Strength
41
/100
Developing
Scores based on quantitative metrics and qualitative factors

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Pricing Power

Developing
38
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For informational purposes only. Not investment advice.

Trade-Off Ledger™

Where management spends the performance budget - Growth, Profitability, or Safety

Generic Industrial / Default vs Industry Peers 100% Coverage
Trade-Off Triangle Visualization A ternary plot showing OKE's balance between Growth (42.0%), Profitability (23.4%), and Safety (34.6%). Growth 42% Safety 35% Profitability 23%

Click axes to expand details. Marker shows current allocation.

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Growth

67th percentile vs peers
68
Key Signals
Rev Growth YoY 55.0% 95p Revenue CAGR 3Y 14.5% 75p EPS Growth YoY -5.5% 49p EPS CAGR 3Y 15.6% 64p TSR -25.8% 10p
Strengths
  • Rev Growth Yoy in top 20% of peers (55.0%, 95th percentile)
  • Growth above peer median with strong metric coverage (100%)
  • Cash Flow To Debt Ratio in top 20% of peers (1.35, 90th percentile)
  • Conservative leverage compared to industry peers
Risks

No significant risks identified for this axis.

Profitability

37th percentile vs peers
38
Key Signals
Strengths
Risks
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Safety

55th percentile vs peers
56
Key Signals
Strengths
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Two Futures

Scenario-based fair value ranges for ONEOK, Inc..

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Unable to Compute Fair Value

This company cannot be valued using standard models.

What this means: The Scenario Theatre requires financial data (revenue, cash flow, shares outstanding) to calculate fair value estimates. This data may be unavailable for:

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  • Shell companies or holding companies
  • Companies that haven't filed recent financials
  • Foreign companies with limited data coverage
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Bear
-
- - -
- upside
-
Base
$65.62
- - -
-23.1% vs current
Snapshot base estimate
Bull
-
- - -
- upside
-
Fair Value Range Current: $-
$- $- $-
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