Oneok (OKE) Stock Price, Fundamentals & Analysis

What OKE does

Oneok (OKE) is a US stock in the Energy sector, specifically the Oil & Gas Midstream industry, headquartered in Tulsa, United States. It operates as a midstream service provider of gathering, processing, fractionation, transportation, storage, and marine export services. The company works across four segments: Natural Gas Gathering and Processing; Natural Gas Liquids; Natural Gas Pipelines; and Refined Products and Crude. It owns gathering pipelines and processing plants in regions such as the Mid-Continent, Permian Basin, North Texas, Gulf Coast, and Rocky Mountains, and it also operates NGL gathering and distribution pipelines, fractionation, terminal and storage facilities. Oneok transports refined products including gasoline, diesel fuel, aviation fuel, kerosene, and heating oil, and it moves and stores natural gas through regulated interstate and intrastate transmission pipelines and storage facilities.

Key numbers explained

• 90.54 USD is the current price of Oneok stock.
• The trailing P/E ratio of 15.6 shows how much investors pay per dollar of the company's last 12 months of earnings.
• The forward P/E ratio of 14.5 uses expected future earnings and can indicate how the market views the company's growth prospects.
• The dividend yield of 4.75% represents the annual dividend payment as a percentage of the current stock price.
• The ex-dividend date is 3 aug. 2026; buying before this date is typically required to receive the next dividend.
• 73% of earnings are paid out as dividends, which indicates a high payout ratio.
• The beta of 0.72 suggests the stock tends to be less volatile than the overall market.
• The 52-week price range of 64.02 – 99.85 shows the lowest and highest prices over the past year.

Recent news

• Capital One Securities initiated coverage of Oneok with an Overweight rating and a 110 price target.
• Oneok Inc. (OKE) stock dropped despite broader market gains, prompting a review of important facts.
• Oneok completed its corporate reorganization on September 10.

What to watch

As a midstream energy stock, Oneok is influenced by commodity price cycles, pipeline utilization rates, and regulatory developments affecting the Oil & Gas Midstream industry. Investors often compare it with peers such as Devon Energy (DVN), Chevron Corporation (CVX), Occidental Petroleum (OXY), EQT Corporation (EQT), and ConocoPhillips (COP), and it is part of the S&P 500. Broader energy demand, interest rate movements, and infrastructure spending can also affect the sector.