ONEOK Inc (OKE) stock
Close on Nov 11, 2026Market cap $55.59BP/E 13.7Yield 4.67%
ONEOK Inc grew revenue 36.8% to $43.19B over the twelve months to Sep 30, 2026. Operating income rose 6.0% to $6.12B, moving the operating margin from 18.3% to 14.2%. Free cash flow was $2.53B, down 13.4% from a year earlier. At the latest close the market valued the company at $55.59B, 13.7 times its earnings.
Key statistics
Valuation at the latest close; fundamentals over the trailing twelve months, balances at Sep 30, 2026
Valuation
- Market cap
- $55.59B
- P/E ratio
- 13.7
- Price to sales
- 1.29
- Price to book
- 2.38
- Dividend yield
- 4.67%
- Free cash flow yield
- 4.55%
Fundamentals
- Revenue
- $43.19B
- Net income
- $4.07B
- EPS, diluted
- $6.44
- Free cash flow
- $2.53B
- Book value per share
- $36.86
- Diluted shares
- 633M
Trading
- Next earnings
- Feb 22, 2027 (estimated, after the close)
- Previous close
- $87.37
- Open
- $88.37
- Day's range
- $87.11 – $88.70
- Volume
- 2,458,113
- Average volume (20 days)
- 3,207,602
- Index membership
- S&P 500, Russell 1000, Russell 3000
- Beta (5 years)
- 0.72
- 52-week range
- $68.10 – $99.84
- RSI (14 days)
- 42.6
- Volatility (1 year)
- 27.9%
- Relative volume
- 0.70×
- WACC
- 7.3%
On 2 of our idea lists: Breakout quarter, Mega-cap growers
Index membership is inferred from the holdings of funds that track each index (VOO, IVV, SPYM, IWB, IWV), as reported to the SEC for Jun 30, 2026. Join dates come from quarterly fund reports since 2019, so they are accurate to the quarter.
Market cap history
Month-end market cap since 2009, using shares outstanding reported at the time
Total return vs. the S&P 500
Price change plus reinvested dividends, to the close on Nov 11, 2026. The S&P 500 is measured by the SPY fund.
| Period | OKE | S&P 500 | Difference | OKE per year | S&P 500 per year |
|---|---|---|---|---|---|
| 1 month | -1.8% | -2.4% | +0.6 pts | ||
| 3 months | -3.7% | -1.2% | −2.5 pts | ||
| Year to date | +24.5% | +12.3% | +12.2 pts | ||
| 1 year | +32.5% | +12.4% | +20.0 pts | ||
| 3 years | +57.2% | +78.8% | −21.7 pts | +16.3% | +21.4% |
| 5 years | +79.8% | +75.2% | +4.6 pts | +12.4% | +11.9% |
| 10 years | +232.4% | +311.1% | −78.7 pts | +12.8% | +15.2% |
Fifteen years at a glance
Fiscal years 2011 to 2025 and trailing twelve months, USD
Revenue
Gross profit
Operating income
Net income
EPS, diluted
Free cash flow
Press releases
Releases Oneok filed with the SEC as exhibits to Form 8-K or 6-K
- Results
- Update
- Update
- Update
- Update
- Update
About Oneok
Natural Gas Transmisison & Distribution
ONEOK is an energy infrastructure provider operating in the midstream sector, focused on gathering, processing, fractionating, transporting, storing, and exporting natural gas, natural gas liquids, refined products, and crude oil. The company conducts business through four core segments: Natural Gas Gathering and Processing, Natural Gas Liquids, Natural Gas Pipelines, and Refined Products and Crude. Its midstream network connects raw upstream energy supplies with downstream end users and commercial markets. Key customers and counterparties include independent and major oil and gas producers, petrochemical manufacturers, propane distributors, petroleum refineries, electric utilities, industrial consumers, airports, railroads, and retail fuel distributors.
Company profile, executives and historyOneok stock: common questions
What is Oneok's stock price?
OKE closed at $88.17 on Nov 11, 2026, up 0.92% on the day. Over the past 52 weeks it traded between $68.10 and $99.84.
What is Oneok's market cap?
Oneok was worth $55.59B at the close on Nov 11, 2026: the share price times the diluted shares outstanding.
What is OKE's P/E ratio?
OKE trades at 13.7 times earnings, based on diluted earnings per share of $6.44 over the twelve months to Sep 30, 2026.
How much revenue does Oneok make?
Oneok reported revenue of $43.19B for the twelve months to Sep 30, 2026, up 36.8% from a year earlier.
Does Oneok pay a dividend?
Yes. Oneok paid $4.12 per share over the last twelve months, a yield of 4.67% at the latest price, and has raised its annual dividend 3 years in a row.
When does Oneok report earnings next?
Oneok is expected to report Q4 FY2026 results on Feb 22, 2027, after the close. The date is estimated from its past reporting pattern until the company confirms it.
How has OKE stock performed over the past year?
Including dividends, OKE returned +32.5% over the past year, against +12.4% for the S&P 500.
How many OKE shares are sold short?
27M shares were sold short at the latest FINRA report, 4.33% of the float, or 9.6 days of average trading volume.
Who are Oneok's competitors?
Companies most similar to Oneok by business, industry and size include EPD, KMI, TRGP, WMB, ET.
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