ONEOK, Inc.

NYSE:OKE Stock Report

Market Cap: US$51.4b

ONEOK Past Earnings Performance

Past criteria checks 4/6

ONEOK has been growing earnings at an average annual rate of 27.8%, while the Oil and Gas industry saw earnings growing at 36.9% annually. Revenues have been growing at an average rate of 17% per year. ONEOK's return on equity is 14.3%, and it has net margins of 12.1%.

Key information

27.8%

Earnings growth rate

21.7%

EPS growth rate

Oil and Gas Industry Growth33.7%
Revenue growth rate17.0%
Return on equity14.3%
Net Margin12.1%
Last Earnings Update31 Mar 2025

Recent past performance updates

ONEOK's (NYSE:OKE) Shareholders May Want To Dig Deeper Than Statutory Profit

May 07
ONEOK's (NYSE:OKE) Shareholders May Want To Dig Deeper Than Statutory Profit

Recent updates

ONEOK Has Good Potential But Selling Pressures Continue (Technical Analysis)

May 08

ONEOK's (NYSE:OKE) Shareholders May Want To Dig Deeper Than Statutory Profit

May 07
ONEOK's (NYSE:OKE) Shareholders May Want To Dig Deeper Than Statutory Profit

Is ONEOK, Inc. (NYSE:OKE) Trading At A 29% Discount?

Mar 27
Is ONEOK, Inc. (NYSE:OKE) Trading At A 29% Discount?

ONEOK: A Growth Engine In The Midstream Space

Mar 04

ONEOK, Inc. (NYSE:OKE) Annual Results: Here's What Analysts Are Forecasting For This Year

Feb 27
ONEOK, Inc. (NYSE:OKE) Annual Results: Here's What Analysts Are Forecasting For This Year

ONEOK: Pullback Presents An Opportunity On Increasing NG Demand

Feb 17

ONEOK: Top Of The Food-Chain Energy Pick For 2025

Feb 07

ONEOK's (NYSE:OKE) Dividend Will Be Increased To $1.03

Jan 26
ONEOK's (NYSE:OKE) Dividend Will Be Increased To $1.03

ONEOK, Inc.'s (NYSE:OKE) Popularity With Investors Is Clear

Jan 13
ONEOK, Inc.'s (NYSE:OKE) Popularity With Investors Is Clear

ONEOK: A Solid Midstream Play

Dec 28

ONEOK Expands Deeper Into The Oil Pipeline Business

Dec 05

ONEOK Finishes The Job In Picking Up EnLink Midstream

Nov 27

ONEOK (NYSE:OKE) Seems To Use Debt Quite Sensibly

Nov 19
ONEOK (NYSE:OKE) Seems To Use Debt Quite Sensibly

ONEOK: Where Dividends Flow Like Oil - A 4.2% Yield You Can't Miss

Nov 04

Revenue Miss: ONEOK, Inc. Fell 19% Short Of Analyst Revenue Estimates And Analysts Have Been Revising Their Models

Oct 31
Revenue Miss: ONEOK, Inc. Fell 19% Short Of Analyst Revenue Estimates And Analysts Have Been Revising Their Models

Is There An Opportunity With ONEOK, Inc.'s (NYSE:OKE) 43% Undervaluation?

Oct 18
Is There An Opportunity With ONEOK, Inc.'s (NYSE:OKE) 43% Undervaluation?

ONEOK Vs. Williams Companies: Which High-Yield Is The Better Buy?

Sep 30

Subdued Growth No Barrier To ONEOK, Inc.'s (NYSE:OKE) Price

Sep 30
Subdued Growth No Barrier To ONEOK, Inc.'s (NYSE:OKE) Price

Pipeline Payday: Buying 4.5%-Yielding ONEOK Before It's Too Late

Aug 27
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Rocky Mountain Success And Calculated Acquisitions Set To Boost Market Position And Financial Health

Aug 20 Expansion in the Rocky Mountain region and strategic acquisitions are driving revenue and EBITDA growth, with a focus on improving operational efficiency.

ONEOK: Williston Processing Margins At Risk

Aug 09

Pipeline Profits: Why 4.7%-Yielding ONEOK Is Gushing With Potential

Jul 16

Are Investors Undervaluing ONEOK, Inc. (NYSE:OKE) By 26%?

Jul 11
Are Investors Undervaluing ONEOK, Inc. (NYSE:OKE) By 26%?

ONEOK: Increased Volumes In The Williston Driving Underlying EBITDA Growth In 2024

Jun 13

Who Should Buy ONEOK Instead Of Enbridge

May 22

ONEOK: I'm Collecting Tolls From This Reliable Dividend Payer

Apr 10

Ditch The Drill, Buy The Pipe: Why 5%-Yielding ONEOK Is Smart Energy Play

Mar 30

ONEOK: Waiting For A Better Valuation On This 5%-Yielding Stock

Mar 06

ONEOK Navigates New Waters With Magellan

Feb 27

ONEOK: Solid Company, But Bakken Weather Likely To Impact Q1

Feb 05

ONEOK's Premium May Be Justified By Growth

Jan 15

ONEOK: Deleveraging Likely To Limit Dividend Growth

Dec 28

ONEOK: Get Paid A 6% Yield And Beat The S&P 500

Nov 24

Revenue & Expenses Breakdown

How ONEOK makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

NYSE:OKE Revenue, expenses and earnings (USD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
31 Mar 2524,9603,0312,3340
31 Dec 2421,6983,0342,1620
30 Sep 2419,9332,7991,9710
30 Jun 2419,0992,5601,7570
31 Mar 2417,9372,2481,5630
31 Dec 2317,6772,6581,3190
30 Sep 2317,4742,4551,1080
30 Jun 2319,1992,4331,0480
31 Mar 2321,4632,3799830
31 Dec 2222,3871,7219580
30 Sep 2222,7751,6159390
30 Jun 2221,3981,5769260
31 Mar 2218,7911,5049070
31 Dec 2116,5401,4999000
30 Sep 2113,6901,4278720
30 Jun 2111,3281,3488250
31 Mar 219,6001,1408070
31 Dec 208,5426127610
30 Sep 208,6356247870
30 Jun 208,7246218300
31 Mar 209,5217988460
31 Dec 1910,1641,2778760
30 Sep 1910,6371,2508600
30 Jun 1911,7681,2548490
31 Mar 1912,2711,2238450
31 Dec 1812,5931,1518200
30 Sep 1813,2499218050
30 Jun 1812,7617737740
31 Mar 1812,5265647580
31 Dec 1712,1743877380
30 Sep 1711,0364157120
30 Jun 1710,4883426980
31 Mar 179,8963576750
31 Dec 168,9213546680
30 Sep 168,1972916520
30 Jun 167,7382846330
31 Mar 167,7322756070
31 Dec 157,7632516060
30 Sep 158,6773176080
30 Jun 159,8982966140
31 Mar 1510,8372896270
31 Dec 1412,1953205990
30 Sep 1412,8003005660
30 Jun 1412,8153075290

Quality Earnings: OKE has high quality earnings.

Growing Profit Margin: OKE's current net profit margins (12.1%) are lower than last year (12.5%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: OKE's earnings have grown significantly by 27.8% per year over the past 5 years.

Accelerating Growth: OKE's earnings growth over the past year (34.8%) exceeds its 5-year average (27.8% per year).

Earnings vs Industry: OKE earnings growth over the past year (34.8%) exceeded the Oil and Gas industry -13.5%.

Return on Equity

High ROE: OKE's Return on Equity (14.3%) is considered low.

Return on Assets

Return on Capital Employed

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/05/11 00:49
End of Day Share Price 2025/05/09 00:00
Earnings2025/03/31
Annual Earnings2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

ONEOK, Inc. is covered by 43 analysts. 8 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
William SeleskyArgus Research Company
Ethan BellamyBaird
Richard GrossBarclays