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OKE

67.32USD+0.40(+0.60%)Market Closedas of 01 Dec 2022, 09:40 am

ONEOK Inc

Market Summary

USD67.32+0.40Market Closedas of 01 Dec 2022, 09:40 am
0.60%

OKE Alerts

OKE Stock Price

RSI Chart

Valuation

Market Cap

26.7B

Price/Earnings

16.92

Price/Sales

1.25

Price/Cashflow

9.82

MarketCap/EBT

12.82

Price/Sales

Profitability

Operating Margin

20.50%

EBT Margin

9.73%

Return on Equity

25.79%

Return on Assets

6.43%

Fundamentals

Revenue

Revenue (TTM)

22.8B

Revenue Y/Y

30.36%

Revenue Q/Q

-1.39%

Earnings

Earnings (TTM)

1.6B

Earnings Y/Y

21.11%

Earnings Q/Q

5.93%

Price Action

52 Week Range

49.7171.73
(Low)(High)

Last 7 days

2.0%

Last 30 days

12.8%

Last 90 days

14.2%

Trailing 12 Months

18.9%

Financial Health

Current Ratio

0.83

Debt/Equity

2.26

Debt/Cashflow

0.2

Investor Care

Dividend Yield

6.26%

Dividend/Share (TTM)

3.74

Shares Dilution (1Y)

0.23%

Diluted EPS (TTM)

3.6

Peers (Alternatives to ONEOK)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
40.0B
19.0B
5.52% 31.52%
15.9
2.1
24.48% 43.39%
39.8B
11.3B
6.02% 34.75%
25.4
3.7
19.34% 98.02%
38.7B
81.8B
0.35% 60.82%
9.32
0.47
56.97% 1.44%
28.8B
13.1B
5.09% 58.13%
20.75
2.2
91.66% 28.14%
26.7B
22.8B
12.81% 18.88%
16.92
1.25
66.36% 16.93%
11.3B
2.5B
-7.57% 105.33%
54.02
5.54
201.33% 624.81%
MID-CAP
8.2B
13.9B
-1.03% 56.74%
9.89
0.59
79.42% 279.91%
5.6B
9.7B
8.25% 107.06%
31.57
0.63
72.11% 239.34%
3.5B
1.2B
1.45% -5.95%
-2.69
2.82
-13.10% -707.44%
2.4B
957.2M
-4.89% 30.29%
15.09
2.78
47.01% -3.55%
SMALL-CAP
1.8B
-
3.98% 29.14%
435.48
1.04
9.24% 5116.27%
635.9M
-
-2.81% 68.50%
-8.9
4.82
-44.56% -328.85%
582.1M
404.2M
19.84% 54.87%
15.22
1.44
-0.37% 2.52%
202.8M
383.1M
8.09% -30.72%
-1.71
0.51
-3.70% -259.29%

Financials for ONEOK

Income Statement (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Revenue6.4%22,77521,39818,79016,54013,690
Cost Of Revenue7.8%18,33617,01214,50112,2579,565
Earnings Before Taxes2.4%2,1322,0821,9891,9841,878
Net Income4.8%1,5771,5051,5001,428
Balance Sheet
(In Millions)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Assets-0.4%24,43924,52723,99323,62223,872
  Current Assets-8.6%2,7653,0262,6412,3742,667
    Cash Equivalents-83.6%2213615146224
  Inventory-13.2%538620584428628
  Net PPE1.0%19,79019,60119,42519,32019,222
  Current Liabilities13.2%4,1393,6553,4833,1852,803
.    Short Term BorrowingsInfinity%78----
  Long Term Debt-6.5%12,90013,80013,60013,60014,200
    LT Debt, Current3.3%925896896896536
    LT Debt, Non Current-7.2%11,95112,87312,75012,74813,640
Shareholder's Equity3.2%6,3126,1155,9946,0155,841
  Retained EarningsNaN%-----
  Additional Paid-In Capital0.4%7,2187,1907,1777,2147,235
Accumulated Depreciation3.0%4,9374,7934,6484,5014,358
Shares Outstanding0.0%447447447446446
* denotes actual numbers (not divided by Millions)
Cashflow (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Cashflow From Operations7.5%2,9212,7182,4752,5462,287
Cashflow From Investing-19.3%-1,053.72-883.51-738.31-665.29-764.08
Cashflow From Financing0.2%-2,069.02-2,072.96-2,124.66-2,259.08-1,745.81
  Dividend Payments0.1%1,6711,6701,6691,6671,666

Risks

What is the probability of a big loss on OKE?

51.5%


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.

Returns

Cumulative Returns on OKE

11.8%


10-Year Cumulative Returns

21.7%


7-Year Cumulative Returns

12.7%


5-Year Cumulative Returns

6.3%


3-Year Cumulative Returns

What are the long-term rolling returns for OKE?

FIve years rolling returns for ONEOK.

Which funds bought or sold OKE recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2022-11-29
Bridgefront Capital, LLC
NEW
-
200,000
200,000
0.20%
2022-11-23
Eagle Bay Advisors LLC
REDUCED
-5.8
-12,682
83,000
0.05%
2022-11-23
Invst, LLC
ADDED
11
-57,000
1,093,000
0.19%
2022-11-23
Toroso Investments, LLC
ADDED
24.15
153,000
1,199,000
0.05%
2022-11-22
B. Riley Wealth Advisors, Inc.
ADDED
93.12
658,000
1,500,000
0.04%
2022-11-22
CVA Family Office, LLC
ADDED
16.67
2,000
29,000
0.01%
2022-11-22
IHT Wealth Management, LLC
ADDED
10.17
8,000
454,000
0.04%
2022-11-22
TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY
NEW
-
2,134,000
2,134,000
0.03%
2022-11-21
FourThought Financial, LLC
UNCHANGED
-
-4,000
44,000
0.01%
2022-11-21
Parallax Volatility Advisers, L.P.
ADDED
760.57
5,642,000
6,454,000
0.01%

1–10 of 47

Latest Funds Activity

Are funds buying OKE calls or puts?
Are funds bullish or bearish(Calls - Puts)?
No. of funds that own OKE

ONEOK News

24/7 Wall St.

Oil Surrenders Most of 2022 Gains: 6 Stocks to Grab Now That Pay Huge Dividends.26 hours ago

OKE Fair Value

ONEOK fair value in different scenarios

The table shows the Fair Value estimates for ONEOK for various scenarios. Disclaimer: These are just estimations from a model. None of the models are good at predicting the future. Please dont buy or sell stocks based on these outputs.
Fair ValueVery PessimisticPessimisticBase CaseOptimisticVery Optimistic
Very Low Inflation

57.67

-14.33%

86.72

28.82%

149.36

121.87%

199.21

195.92%

244.55

263.27%

Current Inflation

52.95

-21.35%

77.70

15.42%

130.78

94.27%

173.01

157.00%

210.83

213.18%

Very High Inflation

47.10

-30.04%

66.92

-0.59%

109.13

62.11%

142.73

112.02%

172.20

155.79%

Historical ONEOK Fair Value Estimates


Recent SEC filings of ONEOK

View All Filings
Date Filed Form Type Document
Nov 18, 2022
8-K
Current Report
Nov 16, 2022
424B5
Prospectus Filed
Nov 15, 2022
424B5
Prospectus Filed
Nov 15, 2022
FWP
Prospectus Filed
Nov 14, 2022
8-K
Current Report
Nov 02, 2022
10-Q
Quarterly Report
Nov 01, 2022
8-K
Current Report
Oct 20, 2022
8-K
Current Report
Oct 05, 2022
8-K
Current Report
Sep 21, 2022
3
Insider Trading

Latest Insider Trading transactions for OKE

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2022-06-17
NORTON PIERCE
BOUGHT
498,462
55.5389
8,975
President & CEO
2022-05-25
EDWARDS JULIE H
ACQUIRED
149,952
65.14
2,302
-
2022-05-25
MALCOLM STEVEN J
ACQUIRED
149,952
65.14
2,302
-
2022-05-25
LARSON RANDALL J
ACQUIRED
149,952
65.14
2,302
-
2022-05-25
RODRIGUEZ EDUARDO A
ACQUIRED
119,988
65.14
1,842
-
2022-05-25
GIBSON JOHN WILLIAM
ACQUIRED
12,441.7
65.14
191
OKE Chairman of the Board
2022-05-25
HELDERMAN MARK W
ACQUIRED
249,942
65.14
3,837
-
2022-03-03
HELDERMAN MARK W
SOLD
-2,017,950
67.265
-30,000
-
2022-02-20
SWORDS SHERIDAN C
SOLD (Taxes)
-498,436
61.81
-8,064
SVP-Natural Gas Liquids
2022-02-20
MARTINOVICH ROBERT F
ACQUIRED
1,029,130
61.81
16,649.8
EVP & Chief Admin. Officer

1–10 of 50

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.

OKE Income Statement

2022-09-30
CONSOLIDATED STATEMENTS OF INCOME - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Revenues    
Revenues$ 5,913,531$ 4,536,175$ 17,354,861$ 11,119,818
Cost of sales and fuel (exclusive of items shown separately below)4,772,6743,449,12714,016,6217,937,616
Operations and maintenance238,414225,364683,507644,841
Depreciation and amortization157,102154,542468,717468,583
General taxes47,77039,753144,058126,132
Other operating income (expense), net1,6304708,6491,446
Operating income699,201667,8592,050,6071,944,092
Equity in net earnings from investments (Note H)39,18028,573111,15087,613
Allowance for equity funds used during construction7342471,6991,485
Other income (expense), net(8,296)1,287(31,142)(4,228)
Interest expense (net of capitalized interest of $16,288, $6,083, $41,527 and $16,621, respectively)(166,939)(184,049)(509,744)(554,529)
Income before income taxes563,880513,9171,622,5701,474,433
Income taxes(132,129)(121,899)(385,270)(354,100)
Net income431,751392,0181,237,3001,120,333
Less: Preferred stock dividends275275825825
Net income available to common shareholders$ 431,476$ 391,743$ 1,236,475$ 1,119,508
Basic earnings per common share (Note G)$ 0.96$ 0.88$ 2.76$ 2.51
Diluted earnings per common share (Note G)$ 0.96$ 0.88$ 2.76$ 2.50
Average shares (thousands)    
Basic447,677446,634447,417446,288
Diluted448,217447,635448,268447,117
Commodity Sales    
Revenues    
Revenues$ 5,563,535$ 4,204,792$ 16,319,549$ 10,115,674
Services    
Revenues    
Revenues$ 349,996$ 331,383$ 1,035,312$ 1,004,144

OKE Balance Sheet

2022-09-30
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2022
Dec. 31, 2021
Current assets  
Cash and cash equivalents$ 22,215$ 146,391
Accounts receivable, net1,729,1921,441,786
Materials and supplies155,158153,019
NGLs and natural gas in storage538,018427,880
Commodity imbalances39,52639,609
Other current assets281,213165,689
Total current assets2,765,3222,374,374
Property, plant and equipment  
Property, plant and equipment24,727,15323,820,539
Accumulated depreciation and amortization4,937,3524,500,665
Net property, plant and equipment19,789,80119,319,874
Investments and other assets  
Investments in unconsolidated affiliates803,807797,613
Goodwill and net intangible assets755,474763,295
Other assets324,839366,457
Total investments and other assets1,884,1201,927,365
Total assets24,439,24323,621,613
Current liabilities  
Current maturities of long-term debt (Note D)925,000895,814
Short-term borrowings (Note D)901,2770
Accounts payable1,658,9041,332,391
Commodity imbalances254,076309,054
Accrued interest120,424235,602
Operating lease liability, current12,41713,783
Other current liabilities266,540397,975
Total current liabilities4,138,6383,184,619
Long-term debt, excluding current maturities (Note D)11,950,66012,747,636
Deferred credits and other liabilities  
Deferred income taxes1,592,6971,166,690
Operating lease liability, noncurrent69,67675,636
Other deferred credits375,303431,869
Total deferred credits and other liabilities2,037,6761,674,195
Commitments and contingencies (Note I)
Equity (Note E)  
Preferred stock, $0.01 par value: authorized and issued 20,000 shares at September 30, 2022, and December 31, 202100
Common stock, $0.01 par value: authorized 1,200,000,000 shares; issued 474,916,234 shares and outstanding 446,947,691 shares at September 30, 2022; issued 474,916,234 shares and outstanding 446,138,177 shares at December 31, 20214,7494,749
Paid-in capital7,218,4957,213,861
Accumulated other comprehensive loss (Note F)(199,473)(471,351)
Retained earnings00
Treasury stock, at cost: 27,968,543 shares at September 30, 2022, and 28,778,057 shares at December 31, 2021(711,502)(732,096)
Total equity6,312,2696,015,163
Total liabilities and equity$ 24,439,243$ 23,621,613