Market Cap
US$29.0b
Last Updated
2019/10/22 23:38 UTC
Data Sources
Company Financials +
Executive Summary
ONEOK, Inc., together with its subsidiaries, engages in the gathering, processing, storage, and transportation of natural gas in the United States.
Snowflake
Fundamentals
Solid track record with reasonable growth potential and pays a dividend.
Similar Companies
Share Price & News
How has ONEOK's share price performed over time and what events caused price changes?
Latest Share Price and Events
Market Performance
7 Day Return
1.6%
OKE
1.0%
US Oil and Gas
0.07%
US Market
1 Year Return
6.7%
OKE
-16.7%
US Oil and Gas
8.9%
US Market
Return vs Industry: OKE exceeded the US Oil and Gas industry which returned -16.7% over the past year.
Return vs Market: OKE underperformed the US Market which returned 8.9% over the past year.
Shareholder returns
| OKE | Industry | Market | |
|---|---|---|---|
| 7 Day | 1.6% | 1.0% | 0.07% |
| 30 Day | -7.2% | -4.3% | -0.3% |
| 90 Day | 2.8% | -7.3% | -1.6% |
| 1 Year | 12.4%6.7% | -13.5%-16.7% | 11.3%8.9% |
| 3 Year | 66.7%43.0% | -5.8%-14.4% | 46.3%36.8% |
| 5 Year | 55.4%17.5% | -23.1%-34.1% | 62.1%44.3% |
Price Volatility Vs. Market
How volatile is ONEOK's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 day ago | Simply Wall St
Is ONEOK, Inc.'s (NYSE:OKE) High P/E Ratio A Problem For Investors?2 weeks ago | Simply Wall St
Does ONEOK, Inc.'s (NYSE:OKE) CEO Salary Reflect Performance?3 weeks ago | Simply Wall St
Should You Like ONEOK, Inc.’s (NYSE:OKE) High Return On Capital Employed?Valuation
Is ONEOK undervalued compared to its fair value and its price relative to the market?
23.14x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: OKE ($70.33) is trading above our estimate of fair value ($46.07)
Significantly Below Fair Value: OKE is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: OKE is poor value based on its PE Ratio (23.1x) compared to the Oil and Gas industry average (9.9x).
PE vs Market: OKE is poor value based on its PE Ratio (23.1x) compared to the US market (17.8x).
Price to Earnings Growth Ratio
PEG Ratio: OKE is poor value based on its PEG Ratio (1.3x)
Price to Book Ratio
PB vs Industry: OKE is overvalued based on its PB Ratio (4.6x) compared to the US Oil and Gas industry average (0.9x).
Next Steps
Future Growth
How is ONEOK forecast to perform in the next 1 to 3 years based on estimates from 15 analysts?
17.2%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: OKE's forecast earnings growth (17.2% per year) is above the savings rate (2.7%).
Earnings vs Market: OKE's earnings (17.2% per year) are forecast to grow faster than the US market (14.5% per year).
High Growth Earnings: OKE's earnings are forecast to grow, but not significantly.
Revenue vs Market: OKE's revenue (9.8% per year) is forecast to grow faster than the US market (7.2% per year).
High Growth Revenue: OKE's revenue (9.8% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: OKE's Return on Equity is forecast to be high in 3 years time (26.3%)
Next Steps
Past Performance
How has ONEOK performed over the past 5 years?
34.8%
Historical annual earnings growth
Earnings and Revenue History
Past Earnings Growth Analysis
Earnings Trend: OKE's earnings have grown significantly by 34.8% per year over the past 5 years.
Accelerating Growth: OKE's earnings growth over the past year (62.2%) exceeds its 5-year average (34.8% per year).
Earnings vs Industry: OKE earnings growth over the past year (62.2%) exceeded the Oil and Gas industry 20.6%.
Return on Equity
High ROE: OKE's Return on Equity (19.8%) is considered low.
Return on Assets
ROA vs Industry: OKE has a higher Return on Assets than the Oil and Gas industry average last year.
Return on Capital Employed
ROCE Improving: OKE has improved its Return on Capital Employed over the past 3 years.
Next Steps
Financial Health
How is ONEOK's financial position?
Financial Position Analysis
Short Term Liabilities: OKE's short term assets ($1.4B) do not cover its short term liabilities ($1.7B)
Long Term Liabilities: OKE's short term assets (1.4B) do not cover its long term liabilities (11.7B)
Debt to Equity History and Analysis
Debt Level: OKE's debt to equity ratio (178.3%) is considered high
Reducing Debt: OKE's debt to equity ratio has reduced from 190.5% to 178.3% over the past 5 years.
Debt Coverage: OKE's debt is not well covered by operating cash flow (19%).
Interest Coverage: OKE's interest payments on its debt are well covered by EBIT (4x coverage).
Balance Sheet
Inventory Level: OKE has a high level of physical assets or inventory.
Debt Coverage by Assets: OKE's debt is not covered by short term assets (assets are 0.1x debt).
Next Steps
Dividend
What is ONEOK's current dividend yield, its reliability and sustainability?
5.06%
Current Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Stability and Growth of Payments
Notable Dividend: OKE's dividend (5.06%) is higher than the bottom 25% of dividend payers in the US market (1.45%).
High Dividend: OKE's dividend (5.06%) is in the top 25% of dividend payers in the US market (3.68%)
Stable Dividend: OKE's dividends per share have been stable in the past 10 years.
Growing Dividend: OKE's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its high payout ratio (114.2%), OKE's dividend payments are not well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: OKE's dividends in 3 years are not forecast to be well covered by earnings (95.4% payout ratio).
Next Steps
Management
What is the CEO of ONEOK's salary, the management and board of directors tenure and is there insider trading?
2.4yrs
Average management tenure
CEO
Terry Spencer (60yo)
5.8yrs
Tenure
US$7,099,869
Compensation
Mr. Terry K. Spencer has been the Chief Executive Officer and President of Oneok Inc. since January 31, 2014 and January 2012 respectively. Mr. Spencer served as the Chief Executive Officer and President o ...
CEO Compensation Analysis
Compensation vs. Market: Terry's total compensation ($USD7.10M) is below average for companies of similar size in the US market ($USD11.18M).
Compensation vs Earnings: Terry's compensation has increased by more than 20% in the past year.
Management Age and Tenure
2.4yrs
Average Tenure
55yo
Average Age
Experienced Management: OKE's management team is considered experienced (2.4 years average tenure).
Board Age and Tenure
8.1yrs
Average Tenure
65yo
Average Age
Experienced Board: OKE's board of directors are considered experienced (8.1 years average tenure).
Insider Trading
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
| Entity | Individual |
| Role | Member of the Board of Directors Independent Director |
| Shares | 1,500 |
| Max Price | US$66.75 |
Ownership Breakdown
Management Team
S. Grimshaw (67yo)
VP, Associate General Counsel & Corporate Secretary
- Tenure: 11.4yrs
Rob Martinovich (61yo)
Executive VP & Chief Administrative Officer
- Tenure: 4.7yrs
- Compensation: US$2.14m
Walter Hulse (55yo)
CFO, Treasurer and Executive VP of Strategic Planning & Corporate Affairs
- Tenure: 2.4yrs
- Compensation: US$2.84m
Terry Spencer (60yo)
President
- Tenure: 5.8yrs
- Compensation: US$7.10m
Sheridan Swords (50yo)
Senior Vice President of Natural Gas Liquids
- Tenure: 6.8yrs
- Compensation: US$2.00m
Steve Allen (45yo)
Senior VP
- Tenure: 2.3yrs
Chuck Kelley (60yo)
Senior Vice President of Natural Gas
- Tenure: 1.8yrs
Kevin Burdick (54yo)
Executive VP & COO
- Tenure: 2.4yrs
- Compensation: US$2.72m
Andrew Ziola
Vice president of Investor Relations & Corporate Affairs
- Tenure: 0yrs
Mary Spears (39yo)
VP & Chief Accounting Officer
- Tenure: 0.6yrs
Board Members
Pattye Moore (61yo)
Independent Director
- Tenure: 17.8yrs
- Compensation: US$225.65k
Eduardo Rodriguez (63yo)
Independent Director
- Tenure: 15.5yrs
- Compensation: US$210.50k
Julie Edwards (60yo)
Independent Director
- Tenure: 12.3yrs
- Compensation: US$230.71k
Steve Malcolm (70yo)
Independent Director
- Tenure: 7.8yrs
- Compensation: US$223.00k
Gary Parker (73yo)
Independent Director
- Tenure: 28.8yrs
- Compensation: US$210.50k
Jim Mogg (70yo)
Lead Independent Director
- Tenure: 6.8yrs
- Compensation: US$215.50k
John Gibson (67yo)
Non-Executive Chairman of the Board
- Tenure: 8.4yrs
- Compensation: US$382.06k
Randy Larson (61yo)
Independent Director
- Tenure: 3.8yrs
- Compensation: US$230.50k
Brian Derksen (68yo)
Independent Director
- Tenure: 3.8yrs
- Compensation: US$210.50k
Terry Spencer (60yo)
President
- Tenure: 5.8yrs
- Compensation: US$7.10m
Company Information
ONEOK, Inc.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: ONEOK, Inc.
- Ticker: OKE
- Exchange: NYSE
- Founded: 1906
- Industry: Oil and Gas Storage and Transportation
- Sector: Energy
- Market Cap: US$29.044b
- Shares outstanding: 412.97m
- Website: https://www.oneok.com
Number of Employees
Location
- ONEOK, Inc.
- 100 West Fifth Street
- Tulsa
- Oklahoma
- 74103
- United States
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| OKE | NYSE (New York Stock Exchange) | Yes | Common Stock | US | USD | Mar 1964 |
| ONK | DB (Deutsche Boerse AG) | Yes | Common Stock | DE | EUR | Mar 1964 |
| 0KCI | LSE (London Stock Exchange) | Yes | Common Stock | GB | USD | Mar 1964 |
Biography
ONEOK, Inc., together with its subsidiaries, engages in the gathering, processing, storage, and transportation of natural gas in the United States. It operates through Natural Gas Gathering and Processing, ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2019/10/22 23:38 |
| End of Day Share Price | 2019/10/22 00:00 |
| Earnings | 2019/06/30 |
| Annual Earnings | 2018/12/31 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.