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ONEOK Inc (OKE)

US · Energy · Oil & Gas Midstream

$93.22+0.56%
Last close · 2026-09-17

Latest quarter · ended 2026-06-30

Revenue
$12.05B
Revenue YoY
+52.8%
Net profit
$966.0M
Profit YoY
+14.9%
EPS
$1.53
EPS estimate
$1.39
Net margin
8.0%

EPS came in at 1.53 against a street estimate of 1.39 — a beat of 10.1%.

Key statistics

Market cap
$59.71B
P/E
16.8
Forward P/E
15.5
P/B
2.67
Book value
$36.39
EPS (TTM)
$5.65
Dividend yield
4.37%
52-week high
$99.85
52-week low
$61.67
50-day MA
$92.57
200-day MA
$85.60
Beta
0.72

Analyst view

Analysts rate ONEOK Inc a buy (13 buy, 6 hold, 0 sell out of 19) with an average price target of $101.05.

From the latest earnings call · 2026-08-04

CONFIDENT ONEOK raised 2026 guidance for the second time, driven by record NGL volumes, strong refined products demand, and expanding Permian/Powder River capacity. Targets mid- to high single-digit EBITDA growth through 2027. Q2 2026 Permian leads growth; Bakken stable with discretionary ethane upside. Mid-Con experiencing contract rollovers at lower rates but overall positive. All regions contributing to record volumes. Analysts pressed white-space vs. new capex split (answered: majority organic), NGL margin compression (answered: ethane rates lower, offset by volume surge), and timing of major projects beyond 2027 (management disclosed long-lead equipment procurement to de-risk. 2026-08-04…

Full summary in the app.

Shareholding

Insiders
0.15%
Institutions
84.82%

Largest institutional holders

FundStake
BlackRock Inc9.42%
State Street Corp6.60%
Vanguard Capital Management, LLC6.49%
Vanguard Portfolio Management, LLC4.89%
Arnhold & S. Bleichroeder Advisers, LLC3.76%
Charles Schwab Investment Management Inc2.92%
Capital Research & Mgmt Co - Division 32.73%
Geode Capital Management, LLC2.72%

Recent filings & reports

DocumentDate
Material agreement · Q3 2026
ONEOK, INC. - 8-K SUMMARY (September 15, 2026) HEADLINE NUMBERS • Company executed reorganization transactions with successor entity structure (Lega
2026-09-15
Material agreement · Q3 2026
ONEOK, INC. - 8-K FILING SUMMARY Date: August 28-31, 2026 --- HEADLINE NUMBERS • $9 billion cash investment by AP Falcon Holdings LLC (Apollo Globa
2026-08-31
Quarterly report · Q2 2026
ONEOK, INC. - QUARTERLY REPORT SUMMARY For the Quarter Ended June 30, 2026 --- HEADLINE NUMBERS • Total revenues (6 months): $21.667 billion, up 36
2026-08-04
Acquisition completed · Q3 2026
ONEOK, INC. - FORM 8-K SUMMARY HEADLINE NUMBERS • Company announced Q2 2026 (quarter ended June 30, 2026) results on August 3, 2026 • Increased 2026
2026-08-03
Shareholder vote results · Q2 2026
ONEOK, INC. – FORM 8-K SUMMARY (MAY 20, 2026) HEADLINE NUMBERS • Annual shareholder meeting held May 20, 2026 • Total shares voted: approximately 55
2026-05-21
Quarterly report · Q1 2026
ONEOK, INC. - FORM 10-Q SUMMARY (Q1 2026) HEADLINE NUMBERS • Total Revenues: $9,618 million (Q1 2026) vs $8,043 million (Q1 2025) — up 19.6% • Net I
2026-04-29
Results announced · Q2 2026
ONEOK Q1 2026 EARNINGS SUMMARY HEADLINE NUMBERS • Net income: $776 million (12% increase vs. Q1 2025's $691 million) • Net income attributable to ON
2026-04-28
Proxy statement · Q2 2026
ONEOK, INC. PROXY STATEMENT SUMMARY WHAT SHAREHOLDERS ARE VOTING ON • Item 1: Election of ten director nominees to the Board of Directors • Item 2:
2026-04-01

Readable in the app.

Corporate actions

ActionDetailDate
Dividend$1.07 / share
ex-date Aug 3, 2026 · pay Aug 14, 2026
2026-08-03
Dividend$1.07 / share
ex-date May 4, 2026 · pay May 15, 2026
2026-05-04
Dividend$1.07 / share
ex-date Feb 2, 2026 · pay Feb 13, 2026
2026-02-02
Dividend$1.03 / share
ex-date Nov 3, 2025 · pay Nov 14, 2025
2025-11-03

Deals & corporate news

AnnouncementDate
Investor contributes $9 billion cash for Class A Units in Holdings
ONEOK announced a major capital restructuring involving a $9 billion cash contribution and the issuance of 6 billion Class A Units to an investor (Falcon TopCo). This is a significant financ
2026-08-31
2026 financial guidance increased following Q2 results announcement
ONEOK, Inc. announced its second quarter 2026 financial results on August 3, 2026, and raised its full-year 2026 financial guidance. While the specific financial numbers aren't detailed in t
2026-08-03
Increased 2026 financial guidance following Q1 2026 results announcement
On April 28, 2026, ONEOK, Inc. announced its first-quarter 2026 financial results and raised its full-year 2026 financial guidance. The company exceeded expectations for the quarter ended Ma
2026-04-28
Q4 2025 results announced with 2026 financial guidance provided
ONEOK, Inc. filed an 8-K on February 23, 2026, announcing its fourth-quarter and full-year 2025 financial results along with 2026 guidance. However, this 8-K filing itself contains no actual
2026-02-23
Q3 2025 results announced, full-year 2025 guidance affirmed
ONEOK, Inc. announced its third quarter 2025 results on October 28, 2025. The company affirmed its full-year 2025 guidance for both net income and adjusted EBITDA, meaning management believe
2025-10-28

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Data updated 2026-09-18.