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ONEOK Inc Stock Research

OKE

60.95USD-0.90(-1.46%)Delayedas of 03 Oct 2023, 10:36 am
Watchlist

Market Summary

USD60.95-0.90
Delayedas of 03 Oct 2023, 10:36 am
-1.46%

OKE Alerts

  • Big fall in Revenue (Y/Y)

OKE Stock Price

OKE RSI Chart

OKE Valuation

Market Cap

27.7B

Price/Earnings (Trailing)

11.38

Price/Sales (Trailing)

1.44

EV/EBITDA

6.12

Price/Free Cashflow

11.48

OKE Price/Sales (Trailing)

OKE Profitability

Operating Margin

21.30%

EBT Margin

14.51%

Return on Equity

33.37%

Return on Assets

9.73%

Free Cashflow Yield

8.71%

OKE Fundamentals

OKE Revenue

Revenue (TTM)

19.2B

Revenue Y/Y

-37.76%

Revenue Q/Q

-17.45%

OKE Earnings

Earnings (TTM)

2.4B

Earnings Y/Y

13.04%

Earnings Q/Q

-55.39%

Price Action

52 Week Range

51.6571.57
(Low)(High)

Last 7 days

-7.0%

Last 30 days

-5.6%

Last 90 days

-0.9%

Trailing 12 Months

22.6%

OKE Financial Health

Current Ratio

1.18

Debt/Equity

1.99

Debt/Cashflow

0.23

OKE Investor Care

Dividend Yield

6.11%

Dividend/Share (TTM)

3.78

Shares Dilution (1Y)

0.04%

Diluted EPS (TTM)

5.42

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales

Latest Insider Trading transactions for OKE

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2023-09-12
Hogan Janet L.
acquired
440,490
66.32
6,641
senior vice president hr
2023-09-12
Hogan Janet L.
sold (taxes)
-141,453
66.32
-2,132
senior vice president hr
2023-06-29
NORTON PIERCE
bought
1,500,020
60.959
24,607
president & ceo
2023-06-28
NORTON PIERCE
acquired
813,389
60.52
13,440
president & ceo
2023-06-28
DERKSEN BRIAN L
bought
291,989
59.5895
4,900
-
2023-06-28
NORTON PIERCE
sold (taxes)
-358,702
60.52
-5,927
president & ceo
2023-05-24
RODRIGUEZ EDUARDO A
acquired
119,948
58.54
2,049
-
2023-05-24
EDWARDS JULIE H
acquired
149,979
58.54
2,562
-
2023-05-24
LARSON RANDALL J
acquired
149,979
58.54
2,562
-
2023-05-24
MALCOLM STEVEN J
acquired
149,979
58.54
2,562
-

1–10 of 50

Which funds bought or sold OKE recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2023-09-26
BROOKFIELD Corp /ON/
reduced
-57.77
-11,274,800
7,840,780
0.03%
2023-09-21
Baystate Wealth Management LLC
new
-
34,687
34,687
-%
2023-09-20
BARCLAYS PLC
reduced
-53.61
-59,515,000
48,811,000
0.03%
2023-09-13
CGC Financial Services, LLC
new
-
18,763
18,763
0.01%
2023-09-12
Farther Finance Advisors, LLC
reduced
-61.98
-87,998
51,536
0.01%
2023-09-08
TUCKER ASSET MANAGEMENT LLC
sold off
-100
-15,885
-
-%
2023-09-07
ST GERMAIN D J CO INC
new
-
2,777
2,777
-%
2023-09-07
Strategic Financial Concepts, LLC
reduced
-18.4
-195,662
747,975
0.28%
2023-09-07
JAG CAPITAL MANAGEMENT, LLC
unchanged
-
-22,228
753,786
0.09%
2023-09-01
Portside Wealth Group, LLC
new
-
719,222
719,222
0.13%

1–10 of 45

Latest Funds Activity

Are funds buying OKE calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own OKE
No. of Funds

Schedule 13G FIlings of ONEOK

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 09, 2023
vanguard group inc
12.05%
53,863,544
SC 13G/A
Feb 07, 2023
state street corp
7.35%
32,835,378
SC 13G/A
Jan 23, 2023
blackrock inc.
10.8%
48,439,908
SC 13G/A
Feb 11, 2022
state street corp
7.03%
31,335,610
SC 13G/A
Feb 09, 2022
vanguard group inc
11.38%
50,731,447
SC 13G/A
Jan 10, 2022
blackrock inc.
10.2%
45,529,862
SC 13G/A
Feb 10, 2021
vanguard group inc
11.09%
49,297,478
SC 13G/A
Feb 09, 2021
state street corp
5.85%
25,977,227
SC 13G
Jan 29, 2021
blackrock inc.
8.7%
38,732,840
SC 13G/A
Feb 14, 2020
state street corp
5.26%
21,739,095
SC 13G

Recent SEC filings of ONEOK

View All Filings
Date Filed Form Type Document
Sep 28, 2023
144
Notice of Insider Sale Intent
Sep 26, 2023
144
Notice of Insider Sale Intent
Sep 26, 2023
8-K
Current Report
Sep 26, 2023
8-K
Current Report
Sep 26, 2023
S-8
Employee Benefits Plan
Sep 25, 2023
8-K
Current Report
Sep 22, 2023
425
Prospectus Filed
Sep 22, 2023
425
Prospectus Filed
Sep 22, 2023
8-K
Current Report
Sep 14, 2023
4
Insider Trading

OKE Fair Value

Loading...

Peers (Alternatives to ONEOK)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
-
14.5B
0.11% 4.70%
-
-
11.12% 227.86%
40.6B
80.8B
1.17% 30.67%
8.97
1.48
-1.23% 0.82%
40.1B
11.5B
-5.07% 15.02%
15.1
3.48
7.16% 69.50%
36.0B
17.1B
-5.72% -1.36%
14.34
2.1
-3.10% 3.16%
27.7B
19.2B
-5.64% 22.63%
11.38
1.44
-10.28% 54.38%
MID-CAP
6.4B
2.4B
-2.22% -28.51%
16.15
2.65
18.38% 86.75%
4.7B
8.0B
-5.90% 35.86%
12.19
0.52
-9.16% 99.38%
4.0B
1.4B
-6.22% 31.69%
-14.91
2.88
9.71% 80.43%
2.0B
1.1B
-6.90% -15.14%
13.01
1.9
42.53% -0.22%
-
11.9B
0.51% 28.75%
-
-
-14.57% 7.44%
SMALL-CAP
1.9B
308.0M
2.02% 30.53%
8.53
8.41
145.69% 7305.10%
-
384.8M
-0.87% -9.12%
-
-
-2.94% 38.53%
405.6M
3.1B
-2.47% -30.18%
10.37
0.13
156.21% 157.73%

ONEOK News

MarketBeat
Foundations Investment Advisors LLC Takes Position in ONEOK, Inc ....
MarketBeat,
5 hours ago
Journal Record
JR Index gains 4.9% for week.
Journal Record,
7 hours ago
Marketscreener.com

Returns for OKE

Cumulative Returns on OKE

8.7%


10-Year Cumulative Returns

9.0%


7-Year Cumulative Returns

4.2%


5-Year Cumulative Returns

40.1%


3-Year Cumulative Returns

Risks for OKE

What is the probability of a big loss on OKE?

66.2%


Probability that ONEOK stock will be more than 20% underwater in next one year

24.6%


Probability that ONEOK stock will be more than 30% underwater in next one year.

24.6%


Probability that ONEOK stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does OKE drawdown profile look like?

Y-axis is the maximum loss one would have experienced if ONEOK was unfortunately bought at previous high price.

Drawdowns

Financials for ONEOK

Income Statement (Last 12 Months)
(In Millions)
Income Statement (Last 12 Months)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q32018Q2
Revenue-10.5%19,19921,46322,38722,77521,39818,79116,54013,69011,3289,6008,5428,6358,7249,52110,16410,63711,76812,27112,59313,24912,761
Cost Of Revenue-14.2%14,49516,89117,91018,33617,01214,50112,2579,5657,3815,9555,1105,2745,4236,1096,7887,3158,4619,0119,42310,1789,847
EBITDA-100.0%-4,4193,5523,4423,4073,3273,3393,2303,1262,8692,0942,0351,9442,0502,619------
EBITDA Margin-100.0%-0.21*0.16*0.15*0.16*0.18*0.20*0.24*0.28*0.30*0.25*0.24*0.22*0.22*0.26*------
Interest Expenses1.3%679670676688705719733731724758713665618517492481473469470475480
Earnings Before Taxes2.2%3,1833,1152,2502,1322,0821,9891,9841,8781,7831,5088028188051,0391,6511,6221,6321,5911,5181,4451,291
EBT Margin-100.0%-0.15*0.10*0.09*0.10*0.11*0.12*0.14*0.16*0.16*0.09*0.09*0.09*0.11*0.16*------
Net Income2.3%2,4342,3801,7221,6161,5761,5051,5001,4281,3491,1416136256228001,2791,2511,2561,2261,155925777
Net Income Margin-100.0%-0.11*0.08*0.07*0.07*0.08*0.09*0.10*0.12*0.12*0.07*0.07*0.07*0.08*0.13*------
Free Cashflow-100.0%-2,4301,7041,8281,7861,6981,8491,5251,265587-296-1,309-1,956-1,892-1,901------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q32018Q2
Assets-1.7%24,03824,46424,37924,43924,52723,99323,62223,87223,43723,18023,07922,78122,99221,96921,81221,33619,75218,93418,23217,91116,914
  Current Assets-27.5%1,8632,5692,5482,7653,0262,6412,3742,6672,2361,9981,8701,7212,1801,4881,4701,9681,4011,3431,3991,8081,434
    Cash Equivalents-84.4%10668022022.0013615.0014622437440252444794653221.0067327328.0012.0084.0015.00
  Inventory-21.3%314399432538620584428628455370228301202131305284185243297426286
  Net PPE0.9%20,22920,04019,95219,79019,60119,42519,32019,22219,18219,12519,15519,02918,98118,62918,34917,36316,33615,51814,76713,96113,304
  Current Liabilities-30.5%1,5172,1823,0514,1393,6553,4833,1852,8032,3952,0481,3451,0941,2731,0912,0201,5671,7371,6902,1082,4502,572
  Short Term Borrowings----901-78.00--------220----120156
    LT Debt, Current-100.0%-5009259258968968965365365448.008.008.008.008.008.00308308508508933
    LT Debt, Non Current0.1%12,74212,72812,69611,95112,87312,75012,74813,64013,63813,63914,22814,24914,27614,14712,48012,47910,75410,0048,8738,3267,091
Shareholder's Equity1.2%7,2187,1326,4946,3126,1155,9946,0155,8415,9106,0976,0426,1466,2415,5616,2266,2196,3486,4426,5806,6536,838
  Retained Earnings5.8%71167250.00----------7.54-141-------
  Additional Paid-In Capital0.2%7,2707,2537,2537,2187,1907,1777,2147,2357,2477,3057,3537,4487,5506,9897,4047,4487,4957,5287,6157,6637,700
Accumulated Depreciation3.1%5,3725,2125,0634,9374,7934,6484,5014,3584,2124,0673,9183,7743,6423,5073,7033,5853,4713,3703,2643,1603,060
Shares Outstanding0.1%448447447447448447446447446446445445420414413414414413412412412
Minority Interest---------------------174
Cashflow (Last 12 Months)
(In Millions)
Cashflow (Last 12 Months)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q32018Q2
Cashflow From Operations-0.4%3,6493,6642,9062,9212,7182,4762,5462,2872,2412,0101,8991,7231,7152,0161,9471,9972,1522,0452,1871,8961,675
  Share Based Compensation---------------37.0036.0034.0033.0032.0031.0029.00
Cashflow From Investing-11.9%-949-848-1,139-1,053-883-738-665-764-1,040-1,476-2,270-3,102-3,691-3,868-3,768-3,472-3,145-2,724-2,114-1,462-985
Cashflow From Financing-26.9%-2,729-2,150-1,692-2,069-2,072-2,124-2,259-1,745-1,771-6628751,1542,6492,3571,8312,0651,252689-97.05-360-1,007
  Dividend Payments0.6%1,6921,6821,6721,6711,6691,6681,6671,6661,6641,6351,6051,5681,5201,4901,4581,4311,4031,3731,3351,2691,213

OKE Income Statement

2023-06-30
CONSOLIDATED STATEMENTS OF INCOME - USD ($)
shares in Millions, $ in Millions
3 Months Ended6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
Revenues    
Revenues (Note L)$ 3,732$ 5,996$ 8,253$ 11,441
Cost of sales and fuel (exclusive of items shown separately below)2,4824,8785,8299,244
Operations and maintenance296231535445
Depreciation and amortization170158332312
General taxes474610496
Other operating (income) expense, net (Note C)0(6)(781)(7)
Operating income7376892,2341,351
Equity in net earnings from investments (Note J)43368372
Other income (expense), net13(9)21(22)
Interest expense (net of capitalized interest of $6, $13, $24, and $25, respectively)(180)(171)(346)(343)
Income before income taxes6135451,9921,058
Income taxes(145)(131)(475)(253)
Net income4684141,517805
Less: Preferred stock dividends0000
Net income available to common shareholders$ 468$ 414$ 1,517$ 805
Basic earnings per common share (Note I)$ 1.04$ 0.93$ 3.38$ 1.80
Diluted earnings per common share (Note I)$ 1.04$ 0.92$ 3.38$ 1.80
Average shares (millions)    
Basic448.3447.5448.2447.3
Diluted449.0448.2449.0448.3
Commodity Sales    
Revenues    
Revenues (Note L)$ 3,371$ 5,651$ 7,527$ 10,756
Services    
Revenues    
Revenues (Note L)$ 361$ 345$ 726$ 685

OKE Balance Sheet

2023-06-30
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Jun. 30, 2023
Dec. 31, 2022
Current assets  
Cash and cash equivalents$ 106$ 220
Accounts receivable, net1,0231,532
Materials and supplies146149
NGLs and natural gas in storage314432
Commodity imbalances3043
Other current assets244172
Total current assets1,8632,548
Property, plant and equipment  
Property, plant and equipment25,60125,015
Accumulated depreciation and amortization5,3725,063
Net property, plant and equipment20,22919,952
Investments and other assets  
Investments in unconsolidated affiliates885802
Goodwill and net intangible assets748753
Other assets313324
Total investments and other assets1,9461,879
Total assets24,03824,379
Current liabilities  
Current maturities of long-term debt (Note F)0925
Accounts payable8801,359
Commodity imbalances163254
Accrued taxes130136
Accrued interest214233
Operating lease liability, current1212
Other current liabilities118132
Total current liabilities1,5173,051
Long-term debt, excluding current maturities (Note F)12,74212,696
Deferred credits and other liabilities  
Deferred income taxes2,1681,739
Operating lease liability, noncurrent6368
Other deferred credits330331
Total deferred credits and other liabilities2,5612,138
Commitments and contingencies (Note K)
Equity (Note G)  
Preferred stock, $0.01 par value: authorized and issued 20,000 shares at June 30, 2023, and December 31, 202200
Common stock, $0.01 par value: authorized 1,200,000,000 shares; issued 474,916,234 shares and outstanding 447,671,698 shares at June 30, 2023; issued 474,916,234 shares and outstanding 447,157,771 shares at December 31, 202255
Paid-in capital7,2707,253
Accumulated other comprehensive loss (Note H)(75)(108)
Retained earnings71150
Treasury stock, at cost: 27,244,536 shares at June 30, 2023, and 27,758,463 shares at December 31, 2022(693)(706)
Total equity7,2186,494
Total liabilities and equity$ 24,038$ 24,379
Pierce H. Norton
2850
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.