ONEOK, Inc.(OKE) Stock Research - Grey Stern Research
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ONEOK, Inc. (OKE) Stock Analysis

$106.88 (0.79%)

OKE Financial Performance


Use the table below to view ONEOK, Inc.'s financial profile. This data is gathers from the latest available financial statements. Annual data is taken from the trailing 12 months of statements. All numbers are reported in US Dollars and so any foreign currencies are converted to USD so comparison's can be done.

Based on Financial Statements from Q3 - 2024

Metric Value Ranking among Peers
Price $106.88 -
52 Week Low $67.05 -
52 Week High $118.07 -
Market Cap $62.4 Billion 6/10
Gross Margin 34% 7/10
Profit Margin 14% 5/10
EBITDA margin 30% 5/10
Q3 - 2024 Revenue $5.0 Billion 5/10
Q3 - 2024 Earnings $693.0 Million 6/10
Q3 - 2024 Free Cash Flow $783.0 Million 7/10
Trailing 4 Quarters Revenue $19.9 Billion 5/10
Trailing 4 Quarters Earnings $2.8 Billion 6/10
Quarterly Earnings Growth 53% 3/10
Annual Earnings Growth 51% 3/10
Quarterly Revenue Growth 20% 2/10
Annual Revenue Growth 29% 1/10
Cash On Hand $579.0 Million 6/10
Short Term Debt $1.1 Billion 6/10
Long Term Debt $26.9 Billion 5/10

ONEOK, Inc. Financial Metrics


Financial metrics are a set of useful numbers that can give key performance indicators of a company. The various metrics can include information about profitability, growth, and debt load. When combined and use properly they can tell an analyst a compelling fact-based story of how the company is currently performing. To compare ONEOK, Inc.'s metrics versus it's peers make sure to run our peer analysis tool.

Valuation Metrics

Metric Value Ranking among Peers
PE 22.30 3/10
PS 3.14 5/10
PB 3.70 2/10
PC 107.85 4/10
Liabilities to Equity 2.02 2/10
ROA 0.05 5/10
ROE 0.17 4/10
Current Ratio 1.49 7/10
Quick Ratio 0.02 5/10
Long Term Debt to Equity 1.59 2/10
Debt to Equity 1.66 2/10
Burn Rate 0.87 5/10
Cash to Cap 0.01 5/10
CCR 1.13 5/10
EV to EBITDA 59.49 7/10
EV to Revenue 4.52 5/10

Company Details

ONEOK, Inc., together with its subsidiaries, engages in gathering, processing, storage, and transportation of natural gas in the United States. It operates through Natural Gas Gathering and Processing, Natural Gas Liquids, and Natural Gas Pipelines segments. The company owns natural gas gathering pipelines and processing plants in the Mid-Continent and Rocky Mountain regions. It also gathers, treats, fractionates, and transports natural gas liquids (NGL), as well as stores, markets, and distributes NGL products. The company owns NGL gathering and distribution pipelines in Oklahoma, Kansas, Texas, New Mexico, Montana, North Dakota, Wyoming, and Colorado; terminal and storage facilities in Kansas, Missouri, Nebraska, Iowa, and Illinois; and NGL distribution and refined petroleum products pipelines in Kansas, Missouri, Nebraska, Iowa, Illinois, and Indiana, as well as owns and operates truck- and rail-loading, and -unloading facilities connected to NGL fractionation, storage, and pipeline assets. In addition, it operates regulated interstate and intrastate natural gas transmission pipelines and natural gas storage facilities. Further, the company owns and operates a parking garage in downtown Tulsa, Oklahoma; and leases excess office space. It operates 17,500 miles of natural gas gathering pipelines; 1,500 miles of FERC-regulated interstate natural gas pipelines; 5,100 miles of state-regulated intrastate transmission pipeline; six NGL storage facilities; and eight NGL product terminals. It serves integrated and independent exploration and production companies; NGL and natural gas gathering and processing companies; crude oil and natural gas production companies; propane distributors; municipalities; ethanol producers; and petrochemical, refining, and NGL marketing companies, as well as natural gas distribution and electric generation companies, producers, processors, and marketing companies. The company was founded in 1906 and is headquartered in Tulsa, Oklahoma.

CEO: Mr. Terry Spencer

Website: https://www.oneok.com

Address: 100 W 5th St Tulsa, OKLAHOMA

Exchange: New York Stock Exchange

Industry: Oil & Gas Midstream

ONEOK, Inc. Peer Analysis


A useful and more reliable way of seeing the health of a company is to compare it to other companies operating in the same sector. Below is our list of companies which we rank are the closest peers to ONEOK, Inc.. If you feel that peers should be added or removed from this list please contact us. To run an in-depth peer analysis which compares many financial metrics click on the link below.

Stock Ticker Market Cap
Kinder Morgan, Inc. KMI $65.4 Billion
The Williams Companies, Inc. WMB $70.7 Billion
Plains All American Pipeline, L.P. PAA $13.6 Billion
Enterprise Products Partners L.P. EPD $72.3 Billion
Enbridge Inc. ENB $96.5 Billion
MPLX LP MPLX $51.1 Billion
Magellan Midstream Partners, L.P. MMP $13.9 Billion
Crestwood Equity Partners LP CEQP $3.0 Billion
Energy Transfer LP ET $68.6 Billion
Run Peer Analysis
Income Statement
Balance Sheet
Cash Flow Statement
OKE Income Statements
Quarter Year Revenue Earnings
Q3 2024 $ 5.0 Billion $693.0 Million
Q2 2024 $ 4.9 Billion $780.0 Million
Q1 2024 $ 4.8 Billion $639.0 Million
Q4 2023 $ 5.2 Billion $688.0 Million
Q3 2023 $ 4.2 Billion $454.0 Million
Q2 2023 $ 3.7 Billion $468.0 Million
Q1 2023 $ 4.5 Billion $1.0 Billion
Q4 2022 $ 5.0 Billion $484.9 Million

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OKE Balance Sheets
Quarter Year Cash & Equivalents Total Assets Total Debt Total Equity
Q3 2024 $579.0 Million $51.1 Billion $28.0 Billion $16.9 Billion
Q2 2024 $36.0 Million $44.5 Billion $21.9 Billion $16.7 Billion
Q1 2024 $65.0 Million $44.4 Billion $22.0 Billion $16.4 Billion
Q4 2023 $338.0 Million $47.4 Billion $21.8 Billion $16.5 Billion
Q3 2023 $284.0 Million $43.9 Billion $22.1 Billion $16.3 Billion
Q2 2023 $106.0 Million $24.0 Billion $12.8 Billion $7.2 Billion
Q1 2023 $680.0 Million $24.5 Billion $13.3 Billion $7.1 Billion
Q4 2022 $220.2 Million $24.4 Billion $13.7 Billion $6.5 Billion

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OKE Cash Flow Statements
Quarter Year freeCashFlow capitalExpenditure netChangeInCash
Q3 2024 $783.0 Million -$468.0 Million $6.4 Billion
Q2 2024 $957.0 Million -$479.0 Million -$29.0 Million
Q1 2024 $109.0 Million -$512.0 Million -$273.0 Million
Q4 2023 $937.0 Million -$603.0 Million $54.0 Million
Q3 2023 $522.0 Million -$398.0 Million $178.0 Million
Q2 2023 $467.0 Million -$305.0 Million -$574.0 Million
Q1 2023 $932.0 Million -$289.0 Million $460.0 Million
Q4 2022 $724.4 Million -$316.0 Million $198.0 Million

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