ONEOK Past Earnings Performance
Past criteria checks 4/6
ONEOK has been growing earnings at an average annual rate of 21%, while the Oil and Gas industry saw earnings growing at 35.6% annually. Revenues have been growing at an average rate of 16.9% per year. ONEOK's return on equity is 16.1%, and it has net margins of 15%.
Key information
21.0%
Earnings growth rate
18.2%
EPS growth rate
Oil and Gas Industry Growth | 33.7% |
Revenue growth rate | 16.9% |
Return on equity | 16.1% |
Net Margin | 15.0% |
Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
Recent updates
ONEOK: Waiting For A Better Valuation On This 5%-Yielding Stock
Mar 06Earnings Report: ONEOK, Inc. Missed Revenue Estimates By 9.5%
Feb 28ONEOK Navigates New Waters With Magellan
Feb 27Should You Be Adding ONEOK (NYSE:OKE) To Your Watchlist Today?
Feb 26ONEOK: Solid Company, But Bakken Weather Likely To Impact Q1
Feb 05Here's Why ONEOK (NYSE:OKE) Can Manage Its Debt Responsibly
Jan 17ONEOK's Premium May Be Justified By Growth
Jan 15ONEOK, Inc. (NYSE:OKE) Shares Could Be 21% Below Their Intrinsic Value Estimate
Jan 02ONEOK: Deleveraging Likely To Limit Dividend Growth
Dec 28ONEOK, Inc.'s (NYSE:OKE) Popularity With Investors Is Under Threat From Overpricing
Dec 18ONEOK: Get Paid A 6% Yield And Beat The S&P 500
Nov 24Here's Why ONEOK (NYSE:OKE) Has Caught The Eye Of Investors
Nov 21Is 6%-Yielding ONEOK An Unbeatable S&P 500 Income Play?
Oct 24ONEOK: Strong Asset Base And The Magellan Deal Add More Fuel
Oct 12Does ONEOK (NYSE:OKE) Have A Healthy Balance Sheet?
Sep 22Magellan Midstream Partners And ONEOK: The Upcoming Vote Is Heating Up
Sep 08A Look At The Fair Value Of ONEOK, Inc. (NYSE:OKE)
Sep 06ONEOK: Expanding Competitive Advantage Amidst Inherent Risks
Aug 25Is Now The Time To Put ONEOK (NYSE:OKE) On Your Watchlist?
Aug 08ONEOK Has Reliable Cash Flow Growth Potential
Jul 31ONEOK - Buying For The Dividend And The Growth
Jul 22ONEOK: Captivating Dividend Yield And Secular Growth Potential
Jun 20Is ONEOK (NYSE:OKE) Using Too Much Debt?
Jun 06An Intrinsic Calculation For ONEOK, Inc. (NYSE:OKE) Suggests It's 32% Undervalued
May 22ONEOK's (NYSE:OKE) Shareholders Will Receive A Bigger Dividend Than Last Year
Apr 24ONEOK (NYSE:OKE) Is Looking To Continue Growing Its Returns On Capital
Mar 19ONEOK (NYSE:OKE) Has A Somewhat Strained Balance Sheet
Mar 07ONEOK Q4 2022 Earnings Preview
Feb 26ONEOK (NYSE:OKE) Ticks All The Boxes When It Comes To Earnings Growth
Feb 22ONEOK: 25+ Years Of Uninterrupted Dividends From This Toll Road-Like Business
Feb 20ONEOK raises quarterly dividend by 2.1% to $0.955/share
Jan 18Calculating The Fair Value Of ONEOK, Inc. (NYSE:OKE)
Jan 16ONEOK: Buy This 5.4% Yielding Retirement Dream Blue-Chip
Jan 12ONEOK files application for new natural gas pipeline near U.S.-Mexico border
Dec 20ONEOK: A Clear Beneficiary Of The Russia-Europe Problem
Dec 12ONEOK (NYSE:OKE) Is Experiencing Growth In Returns On Capital
Dec 11Does ONEOK (NYSE:OKE) Have A Healthy Balance Sheet?
Nov 29Here's Why We Think ONEOK (NYSE:OKE) Is Well Worth Watching
Nov 17ONEOK prices $750M senior notes offering
Nov 16ONEOK: 6% Yield, 9% Dividend Growth, Q3 Earnings This Week
Oct 30ONEOK declares $0.935 dividend
Oct 19ONEOK: A Smart 7.4% Yield To Turbocharge Your Retirement
Sep 27Estimating The Fair Value Of ONEOK, Inc. (NYSE:OKE)
Sep 19ONEOK: The Good And The Bad Of Higher Gas Prices
Aug 27Is ONEOK (NYSE:OKE) A Risky Investment?
Aug 26Growth Investors: Industry Analysts Just Upgraded Their ONEOK, Inc. (NYSE:OKE) Revenue Forecasts By 13%
Aug 14Revenue & Expenses BreakdownBeta
How ONEOK makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
---|---|---|---|---|
31 Dec 23 | 17,677 | 2,658 | 1,319 | 0 |
30 Sep 23 | 17,474 | 2,455 | 1,117 | 0 |
30 Jun 23 | 19,199 | 2,433 | 1,048 | 0 |
31 Mar 23 | 21,463 | 2,379 | 992 | 0 |
31 Dec 22 | 22,387 | 1,721 | 958 | 0 |
30 Sep 22 | 22,775 | 1,615 | 939 | 0 |
30 Jun 22 | 21,398 | 1,576 | 926 | 0 |
31 Mar 22 | 18,791 | 1,504 | 907 | 0 |
31 Dec 21 | 16,540 | 1,499 | 900 | 0 |
30 Sep 21 | 13,690 | 1,427 | 872 | 0 |
30 Jun 21 | 11,328 | 1,348 | 825 | 0 |
31 Mar 21 | 9,600 | 1,140 | 807 | 0 |
31 Dec 20 | 8,542 | 612 | 761 | 0 |
30 Sep 20 | 8,635 | 624 | 787 | 0 |
30 Jun 20 | 8,724 | 621 | 830 | 0 |
31 Mar 20 | 9,521 | 798 | 846 | 0 |
31 Dec 19 | 10,164 | 1,277 | 876 | 0 |
30 Sep 19 | 10,637 | 1,250 | 860 | 0 |
30 Jun 19 | 11,768 | 1,254 | 849 | 0 |
31 Mar 19 | 12,271 | 1,223 | 845 | 0 |
31 Dec 18 | 12,593 | 1,151 | 820 | 0 |
30 Sep 18 | 13,249 | 921 | 805 | 0 |
30 Jun 18 | 12,761 | 773 | 774 | 0 |
31 Mar 18 | 12,526 | 564 | 758 | 0 |
31 Dec 17 | 12,174 | 387 | 738 | 0 |
30 Sep 17 | 11,036 | 415 | 712 | 0 |
30 Jun 17 | 10,488 | 342 | 698 | 0 |
31 Mar 17 | 9,896 | 357 | 675 | 0 |
31 Dec 16 | 8,921 | 354 | 668 | 0 |
30 Sep 16 | 8,197 | 291 | 652 | 0 |
30 Jun 16 | 7,738 | 284 | 633 | 0 |
31 Mar 16 | 7,732 | 275 | 607 | 0 |
31 Dec 15 | 7,763 | 251 | 606 | 0 |
30 Sep 15 | 8,677 | 317 | 608 | 0 |
30 Jun 15 | 9,898 | 296 | 614 | 0 |
31 Mar 15 | 10,837 | 289 | 627 | 0 |
31 Dec 14 | 12,195 | 320 | 599 | 0 |
30 Sep 14 | 12,800 | 300 | 566 | 0 |
30 Jun 14 | 12,815 | 307 | 529 | 0 |
31 Mar 14 | 12,517 | 313 | 484 | 0 |
31 Dec 13 | 11,872 | 279 | 479 | 0 |
30 Sep 13 | 12,082 | 317 | 550 | 0 |
30 Jun 13 | 11,976 | 309 | 639 | 0 |
31 Mar 13 | 11,736 | 295 | 735 | 0 |
Quality Earnings: OKE has a large one-off gain of $621.0M impacting its last 12 months of financial results to 31st December, 2023.
Growing Profit Margin: OKE's current net profit margins (15%) are higher than last year (7.7%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: OKE's earnings have grown significantly by 21% per year over the past 5 years.
Accelerating Growth: OKE's earnings growth over the past year (54.4%) exceeds its 5-year average (21% per year).
Earnings vs Industry: OKE earnings growth over the past year (54.4%) exceeded the Oil and Gas industry -16%.
Return on Equity
High ROE: OKE's Return on Equity (16.1%) is considered low.