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OKE

OKE- ONEOK, Inc.

Energy · Oil & Gas Midstream

Price?
$96.97+0.36%
1Y Change?
-
P/E?
16.75
Last Dividend?
$1.07
Div Yield?
4.43%

Price & Performance

Performance

Analysis & Verdict

Analyst Ratings

Buy

Wall Street consensus from 17 analysts

12-Month Price Target

$100.00

+3.1% upside
Low $89.00High $111.00
Current $96.97 Avg target $100.00

Based on analyst estimates; price targets are opinions, not guarantees.

Fair Value Estimates

Current price: $96.97

Graham Number

√(22.5 × EPS × Book Value)

$68.85

-29.0% downside

Benjamin Graham's intrinsic value formula. Assumes a fair stock trades at no more than 22.5× the product of EPS and book value per share.

Bazin Ceiling Price

Avg. Annual DPS (5Y) ÷ 6%

$64.60

-33.4% downside

Décio Bazin's dividend-based ceiling. The max price you should pay so that dividends alone deliver at least 6% annual yield on your cost basis.

These are simplified estimates. Not financial advice.

Buy & Hold Checklist

Quality criteria for long-term holding

8/10

80% score

Pays dividends

15Y hist.

15+ years of dividend history

Dividend consistency (5Y+)

15 yrs

Uninterrupted dividend payments for at least 5 years

ROE above 10%

16.3%

Return on equity - measures how efficiently capital is used

Positive profit margin

9.3%

Net profit margin must be positive - company earns more than it spends

Revenue growth (annual)

+52.8%

Annual revenue must be growing compared to the prior year

Earnings growth (annual)

+14.2%

Annual earnings must be growing compared to the prior year

Debt/Equity below 2×

143.07×

Low financial leverage reduces risk of distress

Current ratio above 1

0.74×

Short-term assets must cover short-term liabilities

Daily liquidity above $5M

$359M/day

High trading volume ensures easy entry and exit

Dividend yield above 0%

4.43%

Stock must distribute income to shareholders

Financials

Revenue & Results

Key Statistics

Market Cap$61.13B
P/E Ratio16.75
Forward P/E15.60
P/B Ratio-
PEG Ratio1.80

Earnings

Next Earnings

Oct 27, 2026

42

days

EPS (TTM)

$5.79

P/E (TTM)

16.7

Fwd P/E

15.6

SEC Filings & Reported Financials

Earnings History

SEC EDGAR · official filings

SEC filings

SEC Filings

Official EDGAR documents

All filings

Insider Transactions

SEC Form 4 · officers, directors & 10% owners

Dividends & Income

Dividends

Current DY

4.43%

5Y Avg Annual

$3.7700

Last Payment

$1.0700

Ex-Date

08/03/2026

Annual dividends paid per share

2011
2019
2026
Ex-DatePaymentAmountEst. DY
Latest08/03/2026
08/14/2026$1.07004.41%
05/04/2026
05/15/2026$1.07004.41%
02/02/2026
02/13/2026$1.07004.41%
11/03/2025
11/14/2025$1.03004.25%
08/01/2025
08/12/2025$1.03004.25%
05/05/2025
05/16/2025$1.03004.25%
02/03/2025
02/14/2025$1.03004.25%
11/01/2024
11/12/2024$0.99004.08%

Magic Number

Shares needed to self-fund your next purchase

$96.97

Price

÷

$1.0700

Last div. (quarterly)

=

91

shares

Own 91 OKE shares ($8,824.27) and each quarterly dividend pays for 1 new share - the snowball runs on its own.

Investment target

$8,824.27

New shares / year

+4 shares

Dividend Calculator

4.41% yield

Estimate OKE dividend income at the current rate.

$

Per year

$441.37

Per month

$36.78

103.1 shares at $4.28/share a year. Estimate only - dividends can be cut or raised.

Tools & Simulators

OKE vs Peers, Indexes & Commodities

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Click a card below to plot it on the chart

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If you had invested
$
you would have:

Parameters

$
$
%

Final value

$426,404.61

Total invested

$130,000.00

Total interest

$296,404.61

Balance over time

Final balanceInvested
Invested - 30.5%Interest earned - 69.5%

Period breakdown

PeriodBalanceInvestedInterest
Start$10,000.00$10,000.00$0.00
Year 1$17,270.27$16,000.00$1,270.27
Year 2$25,267.56$22,000.00$3,267.56
Year 3$34,064.59$28,000.00$6,064.59
Year 4$43,741.32$34,000.00$9,741.32
Year 5$54,385.72$40,000.00$14,385.72
Year 6$66,094.55$46,000.00$20,094.55
Year 7$78,974.28$52,000.00$26,974.28
Year 8$93,141.97$58,000.00$35,141.97
Year 9$108,726.44$64,000.00$44,726.44
Year 10$125,869.35$70,000.00$55,869.35
Year 11$144,726.56$76,000.00$68,726.56
Year 12$165,469.48$82,000.00$83,469.48
Year 13$188,286.70$88,000.00$100,286.70
Year 14$213,385.63$94,000.00$119,385.63
Year 15$240,994.47$100,000.00$140,994.47
Year 16$271,364.18$106,000.00$165,364.18
Year 17$304,770.87$112,000.00$192,770.87
Year 18$341,518.22$118,000.00$223,518.22
Year 19$381,940.31$124,000.00$257,940.31
Year 20$426,404.61$130,000.00$296,404.61

What is compound interest?

Compound interest means that the interest you earn in one period is added to your principal, so in the next period you earn interest on a larger base. This creates exponential growth: the longer your time horizon, the more dramatic the effect.

Which rate should I use?

The S&P 500 has historically returned ~10%/year before inflation over long periods - use this for an all-equity US index fund scenario. A balanced growth portfolio (stocks + bonds) is closer to 7%. High-yield savings accounts (HYSA) are currently paying around 4-5% with FDIC insurance and zero market risk. Bonds historically return ~4% annualized.

Formula used

FV = PV × (1+r)^n + PMT × ((1+r)^n − 1) / rwhere r is the monthly rate, n is the number of months, PV is the initial investment, and PMT is the monthly contribution. Annual rates are converted to monthly viar = (1 + annual%)^(1/12) − 1.

For educational purposes only. Not financial advice. Past returns do not guarantee future results.

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About ONEOK, Inc.

ONEOK, Inc. operates as a midstream service provider of gathering, processing, fractionation, transportation, storage, and marine export services in the United States. It operates in four segments: Natural Gas Gathering and Processing; Natural Gas Liquids; Natural Gas Pipelines; and Refined Products and Crude. The company owns natural gas gathering pipelines and processing plants in the Mid-Continent, Permian Basin, North Texas, Gulf Coast region, and Rocky Mountain regions; and provides midstream services to producers of NGLs. It also owns NGL gathering and distribution pipelines, fractionation, terminal and storage facilities; and transports refined products, including gasoline, diesel fuel, aviation fuel, kerosene, and heating oil. In addition, the company transports and stores natural gas through regulated interstate and intrastate natural gas transmission pipelines, and natural gas storage facilities; it owns and operates a parking garage in downtown Tulsa, Oklahoma; and leases buildings, warehouses, office space, land, and equipment, including pipeline equipment, pipeline capacity, rail cars, and information technology equipment. Further, the company transports, stores, and distributes refined products, purity NGLs, and crude oil, as well as conducts commodity-related activities, including liquids blending and marketing activities. It serves integrated and independent exploration and production companies; other NGL and natural gas gathering and processing companies; crude oil and natural gas production companies; utilities; industrial companies; natural gasoline distributors; propane distributors; municipalities; ethanol producers; petrochemical, refining, and marketing companies; and diluent users, refineries, and exporters. ONEOK, Inc. was founded in 1906 and is headquartered in Tulsa, Oklahoma.

Sector

Energy

Industry

Oil & Gas Midstream

Location

Tulsa, United States

Employees

6,326

Listed on NYSE

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ONEOK, Inc. (OKE) stock trades at $96.97, up 0.36% on the day. With a market capitalization of $61.13 billion, OKE is a large-cap energy stock. It trades at a price-to-earnings (P/E) ratio of 16.7, a forward P/E of 15.6 and earnings per share (EPS) of $5.79. Over the most recent period the company reported 53% year-over-year revenue growth and a net profit margin of 9.3%. Below you'll find OKE's full fundamentals, fair-value estimates, dividend history, earnings and our buy, hold or avoid verdict for 2026.

OKE - Frequently Asked Questions

Is ONEOK, Inc. (OKE) a good stock to buy in 2026?

ONEOK, Inc. (OKE) shows strengths such as revenue growth of 53% and a 16% return on equity, while risks include high leverage (debt/equity of 143.1). Whether OKE is a good buy in 2026 depends on your time horizon and risk tolerance - review the full bull case, bear case and fair-value estimates above. This is informational analysis, not financial advice.

What is OKE's stock price today?

ONEOK, Inc. (OKE) trades at $96.97, up 0.36% on the session. Prices on this page update throughout the trading day.

Does OKE pay a dividend?

Yes. ONEOK, Inc. pays an annual dividend of $4.28 per share, a dividend yield of 4.43%. The most recent ex-dividend date was August 3, 2026. Its payout ratio is about 73% of earnings.

Is OKE overvalued?

With a P/E ratio of 16.7×, OKE trades at a roughly market-average valuation for the energy sector. Its PEG ratio is 1.80. See the Fair Value Estimates section above for Graham Number and dividend-based price targets.

What is OKE's market cap?

ONEOK, Inc. (OKE) has a market capitalization of $61.13 billion, classifying it as a large-cap stock in the Energy sector.

Disclaimer: This page - including any buy/hold/avoid view, fair value or price estimate - is generated from market data for informational and educational purposes only and does not constitute financial, investment or trading advice. Data may be delayed or inaccurate. Always do your own research and consult a licensed financial advisor before making any investment decision.