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Educational research only—not investment advice or a recommendation. Scores and estimates may use delayed, incomplete, restated, or corrected market and filing data. Independently verify information before making an investment decision.
ONEOK, Inc., along with its subsidiaries, functions as a leading energy infrastructure company within the United States. Its primary focus is the comprehensive management of natural gas, encompassing gathering, processing, storage, and transportation. These operations are structured into three distinct segments: Natural Gas Gathering and Processing, Natural Gas Liquids (NGL), and Natural Gas Pipelines.
Detailed revenue, brand and relationship research has not yet been completed for OKE.
Wall Street Score
Overall investment score · Quality, value, risk and opportunity
57
Fair
PoorElite
View category scores →
Company Quality
How good is the actual business—regardless of today’s stock price?
61
Fair
Financial Strength
46
Business Quality / Moat
75
Management
59
Growth Quality
60
Risk / Durability
73
Cheap for a Reason · Review the Risks
Uses financial strength, moat, management, growth quality and durability. It excludes share price, P/E, market cap, intrinsic value and margin of safety.
Opportunity
Opportunity Score · How does the current price compare with estimated value?
82
Attractive
Based on current valuation, company quality, recent trends, and available market signals.
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Model Outlook
12-month model · What does the model think happens next?
76/100
Building Historical Record
Model Score 76/100 — estimates relative performance potential, distinct from WallStreetScore (company quality).
Probability unavailable — the model has not produced a calibrated probability yet.
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WSS View
The quick read
WSS currently rates the company as mixed to moderately strong.
At today’s price, the WSS valuation framework currently reads as relatively attractive.
The model outlook is currently positive.
What we like
•Valuation scores attractively
•Recent buyback activity is present
What to watch
•Debt / balance-sheet profile needs attention
Company-specific research
Questions worth answering for OKE
Research inputs 100% complete
These questions are generated from this company's current financial and score data so the page adds context instead of treating the headline score as a stand-alone conclusion.
•Can OKE maintain its current revenue growth rate and improve the amount of that revenue that turns into earnings and cash?
•Is OKE's positive free cash flow repeatable, or is the current level being helped by temporary working-capital or spending changes?
•Is OKE's debt load manageable relative to cash generation, interest costs and upcoming maturities?
•Is OKE's valuation discount tied to a temporary concern or to a longer-term business risk?
Two different market-behavior signals. Momentum measures direction and trend strength. Volatility measures how large and unstable the price moves are, regardless of direction.
A high momentum score means price has been trending upward with confirming short- and medium-term strength. A low score means downward or weakening momentum.
Volatility = How violently is it moving?
A high volatility score means larger, less stable price swings. It can happen while a stock is rising or falling, so high volatility is not automatically bullish or bearish.
Important: the volatility score above is based on realized price volatility. Implied volatility (IV) comes from options prices and represents the market's expected future movement. Wall Street Score will keep IV separate and will only display it when a verified options-chain feed is available.
Notices for OKE
Detected from reported data — verify before acting.
Dividend history reported
Dividend payments are recorded. Review the dates and regular/special classification below; past payments do not guarantee future dividends.
Historical repurchase activity
Reported cash flows or share-count measures indicate past repurchase activity. This does not verify an active buyback authorization or future purchases.
Community Sentiment
0 active · 0 total calls
0% Bullish (0) 0% Bearish (0)
No personal call yet on OKE.
What the Bulls Say
+Growth opportunities may come from revenue expansion, margin improvement, new products, market-share gains, and stronger cash flow.
+Product opportunity: ONEOK, Inc., along with its subsidiaries, functions as a leading energy infrastructure company within the United States. Its primary focus is the comprehensive management of natural gas, encompassing gathering, processing, storage, and transportation. These operations are structured into three distinct segments: Natural Gas Gathering and Processing, Natural Gas Liquids (NGL), and Natural Gas Pipelines. The company owns an extensive system of natural gas gathering pipelines and processing plants.
+Positive free cash flow may provide capacity to invest in growth.
What the Bears Say
−Key risks may include competition, margin pressure, debt levels, valuation risk, and changes in demand within the Oil & Gas Midstream industry.
Bull and bear cases summarize disclosed catalysts, growth opportunities and risks; they are not buy or sell recommendations.
Create a free account to make a call.
Scores
Click any score for full breakdown
Wall Street Score
Fair57/ 100
Weak (0–50)Fair (51–71)Strong (72+)
Debt
Weak
40
Debt Cost5.4%
Debt Reduction YoY-1.6%
Debt / Equity1.46x
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Revenue
Fair
54
Revenue YoY17.1%
Revenue CAGR37.9%
Net Margin9.3%
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Asset
Fair
57
Asset Growth YoY4.0%
Liquidation/Share$36.57
Net Assets/MCap0.66x
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Capital
Poor
35
Earnings Yield6.8%
Buyback Yield0.1%
Debt Cost5.4%
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Management
Fair
59
ROIC9.6%
ROE15.9%
ROA5.3%
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Moat
Strong
75
EPS Growth14.8%
FCF/Share Growth15.5%
Rev/Share Growth16.0%
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Valuation
Elite
97
Intrinsic Value$208.74
Value Reference$125.24
MOS0.6%
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Buffett
Fair
59
Revenue54
Moat75
Valuation97
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MOS
Elite
100
MOS %0.6%
Value Reference$125.24
Deep Discount Reference$83.50
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Financial
Poor
37
Interest Coverage3.9x
ROIC9.6%
FCF Yield4.5%
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Master
Fair
66
Financial37
Valuation97
Debt40
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Resilience
Fair
57
Survival Years5.2 yrs
Current Ratio0.71x
FCF Margin0.1%
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Score Changes
2 historical score records available
Previous Score
53
Jul 24, 2026
Change
+3.9
points
Current Score
57
Oct 1, 2026
Category Changes
Revenue+12.8
Debt0
Assets+2.2
Capital+7.0
Management+0.1
Moat0
Valuation+18.3
Buffett+4.7
OKE increased 3.9 points because Revenue improved by 12.8 points, Asset improved by 2.2 points, Capital improved by 7 points.
Positive Contributors
+ Revenue improved by 12.8 points
+ Asset improved by 2.2 points
+ Capital improved by 7 points
+ Valuation improved by 18.3 points
+ Buffett improved by 4.7 points
Projected Score
Projected Score
63
Projected Change
+6.0%
Preliminary comparable-period financial changes suggest improvement of approximately 6.0 points. This is a projected estimate, not the official WallStreetScore.