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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.

OKENYSE
Wall Street Score · overall investment57/100
$87.88USD+$0.72 (+0.83%)
Company website www.oneok.com
Headquarters100 West Fifth Street, Tulsa, OK, 74103, US
Financial statement currencyUSD · no FX conversion applied
Energy · Oil & Gas Midstream
Price updated todayFinancials updated Oct 1, 2026
Price Chart$-7.87 (-8.22%)
2026-09-042026-09-092026-09-112026-09-152026-09-172026-09-212026-09-232026-09-252026-09-292026-10-02$84.00$88.00$92.00$96.00$100.00

Company & revenue

About ONEOK, Inc.

Who they are

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.

View score details →

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.

Click for full breakdown →

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?
Business analysis: 5 days ago · Fresh

Essential Investment Snapshot

Wall Street Score

57

0–100 · Fair

Opportunity Score

82

0–100 · Excellent

Market Cap

$55.38B

P/E Ratio

14.7

EPS

$5.81

52-Week High

$99.85

52-Week Low

$64.02

Beta

0.72

Intrinsic Value

$208.74

Analyst Target

$95.00

Shares Outstanding

631.2M

Total Revenue

$39.37B

Total Debt

$33.02B

Dividend Yield

4.87%

View dividend history

Liquidation Value / Share

$36.57

Estimated net asset value per share

Annual Dividend

$4.28

View dividend history

Momentum & Volatility Signals

Two different market-behavior signals. Momentum measures direction and trend strength. Volatility measures how large and unstable the price moves are, regardless of direction.

0–100 market signals
Momentum
34/ 100
+2 pts / 5d

Weakening momentum

5D -0.8% · 20D -8.2% · RSI 25 · Price vs 20D avg -4.5%
Volatility
18/ 100
+6 pts / 5d

Low movement

20D realized vol 24.2% · 60D 25.8% · Acceleration 0.94x
Momentum = Where is it going?

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+)

Fair

57

Tap for breakdown →

Weak

40

Debt Cost5.4%
Debt Reduction YoY-1.6%
Debt / Equity1.46x

Tap for breakdown →

Fair

54

Revenue YoY17.1%
Revenue CAGR37.9%
Net Margin9.3%

Tap for breakdown →

Fair

57

Asset Growth YoY4.0%
Liquidation/Share$36.57
Net Assets/MCap0.66x

Tap for breakdown →

Poor

35

Earnings Yield6.8%
Buyback Yield0.1%
Debt Cost5.4%

Tap for breakdown →

Fair

59

ROIC9.6%
ROE15.9%
ROA5.3%

Tap for breakdown →

Strong

75

EPS Growth14.8%
FCF/Share Growth15.5%
Rev/Share Growth16.0%

Tap for breakdown →

Elite

97

Intrinsic Value$208.74
Value Reference$125.24
MOS0.6%

Tap for breakdown →

Fair

59

Revenue54
Moat75
Valuation97

Tap for breakdown →

Elite

100

MOS %0.6%
Value Reference$125.24
Deep Discount Reference$83.50

Tap for breakdown →

Poor

37

Interest Coverage3.9x
ROIC9.6%
FCF Yield4.5%

Tap for breakdown →

Fair

66

Financial37
Valuation97
Debt40

Tap for breakdown →

Fair

57

Survival Years5.2 yrs
Current Ratio0.71x
FCF Margin0.1%

Tap for breakdown →

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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.

Price vs. Value

Undervalued

Current Price

$87.88

Intrinsic Value

$208.74

Difference

−$120.86

-57.9% vs IV

Margin of Safety

57.9%

UndervaluedFair ValueOvervalued
Value Reference: $125.24
Deep Discount Reference: $83.50

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News

Zacks Investment Research1d ago

Here's Why Oneok Inc. (OKE) is a Strong Value Stock

Seeking Alpha1d ago

ONEOK: Second Guidance Raise And Brazos Deal Make The Pullback Compelling

Defense World2d ago

Reviewing Prairie Operating (NASDAQ:PROP) & ONEOK (NYSE:OKE)

Zacks Investment Research3d ago

Oneok Inc. (OKE) Sees a More Significant Dip Than Broader Market: Some Facts to Know

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