Our top pick for
ONEOK, Inc is an oil & gas midstream business based in the US. ONEOK shares (OKE) are listed on the NYSE and all prices are listed in US Dollars. ONEOK employs 2,882 staff and has a trailing 12-month revenue of around USD$8.7 billion.
|Latest market close||USD$28.9|
|52-week range||USD$12.16 - USD$78.48|
|50-day moving average||USD$27.2114|
|200-day moving average||USD$30.2138|
|Wall St. target price||USD$33.18|
|Dividend yield||USD$3.74 (12.93%)|
|Earnings per share (TTM)||USD$1.488|
The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.
|1 week (2021-01-09)||N/A|
|1 month (2020-12-17)||-29.04%|
|3 months (2020-10-20)||-0.07%|
|6 months (2020-07-20)||2.30%|
|1 year (2020-01-17)||-62.55%|
|2 years (2019-01-17)||-53.31%|
|3 years (2018-01-17)||59.41|
|5 years (2016-01-16)||N/A|
Valuing ONEOK stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of ONEOK's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
ONEOK's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 20x. In other words, ONEOK shares trade at around 20x recent earnings.
That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.
ONEOK's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 2.0202. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.
The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into ONEOK's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.
ONEOK's EBITDA (earnings before interest, taxes, depreciation and amortisation) is USD$2.3 billion.
The EBITDA is a measure of a ONEOK's overall financial performance and is widely used to measure a its profitability.
|Revenue TTM||USD$8.7 billion|
|Operating margin TTM||20.97%|
|Gross profit TTM||USD$3.4 billion|
|Return on assets TTM||5.35%|
|Return on equity TTM||9.88%|
|Market capitalisation||USD$12.8 billion|
TTM: trailing 12 months
There are currently 10.9 million ONEOK shares held short by investors – that's known as ONEOK's "short interest". This figure is 8.9% up from 10.0 million last month.
There are a few different ways that this level of interest in shorting ONEOK shares can be evaluated.
ONEOK's "short interest ratio" (SIR) is the quantity of ONEOK shares currently shorted divided by the average quantity of ONEOK shares traded daily (recently around 4.4 million). ONEOK's SIR currently stands at 2.47. In other words for every 100,000 ONEOK shares traded daily on the market, roughly 2470 shares are currently held short.
However ONEOK's short interest can also be evaluated against the total number of ONEOK shares, or, against the total number of tradable ONEOK shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case ONEOK's short interest could be expressed as 0.02% of the outstanding shares (for every 100,000 ONEOK shares in existence, roughly 20 shares are currently held short) or 0.031% of the tradable shares (for every 100,000 tradable ONEOK shares, roughly 31 shares are currently held short).
Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against ONEOK.
Find out more about how you can short ONEOK stock.
Environmental, social and governance (known as ESG) criteria are a set of three factors used to measure the sustainability and social impact of companies like ONEOK.
When it comes to ESG scores, lower is better, and lower scores are generally associated with lower risk for would-be investors.
Total ESG risk: 20.59
Socially conscious investors use ESG scores to screen how an investment aligns with their worldview, and ONEOK's overall score of 20.59 (as at 10/01/2020) is pretty good – landing it in it in the 36th percentile of companies rated in the same sector.
ESG scores are increasingly used to estimate the level of risk a company like ONEOK is exposed to within the areas of "environmental" (carbon footprint, resource use etc.), "social" (health and safety, human rights etc.), and "governance" (anti-corruption, tax transparency etc.).
Environmental score: 10.6/100
Social score: 6.63/100
Governance score: 0.36/100
Controversy score: 1/5
ESG scores also evaluate any incidences of controversy that a company has been involved in. ONEOK scored a 1 out of 5 for controversy – the highest score possible, reflecting that ONEOK has managed to keep its nose clean.
|Total ESG score||20.59|
|Total ESG percentile||36.28|
|Level of controversy||1|
Dividend payout ratio: 139.85% of net profits
Recently ONEOK has paid out, on average, around 139.85% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 12.93% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), ONEOK shareholders could enjoy a 12.93% return on their shares, in the form of dividend payments. In ONEOK's case, that would currently equate to about $3.74 per share.
ONEOK's payout ratio would broadly be considered high, and as such this stock could appeal to those looking to generate an income. Bear in mind however that companies should normally also look to re-invest a decent amount of net profits to ensure future growth.
ONEOK's most recent dividend payout was on 14 August 2020. The latest dividend was paid out to all shareholders who bought their shares by 31 July 2020 (the "ex-dividend date").
ONEOK's shares were split on a 11422:1000 basis on 3 February 2014. So if you had owned 1000 shares the day before before the split, the next day you'd have owned 11422 shares. This wouldn't directly have changed the overall worth of your ONEOK shares – just the quantity. However, indirectly, the new 91.2% lower share price could have impacted the market appetite for ONEOK shares which in turn could have impacted ONEOK's share price.
Over the last 12 months, ONEOK's shares have ranged in value from as little as $12.16 up to $78.48. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while ONEOK's is 1.9625. This would suggest that ONEOK's shares are more volatile than the average for this exchange and represent, relatively-speaking, a higher risk (but potentially also market-beating returns).
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 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 that interconnect with its NGL fractionation 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 to others. 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; ethanol producers; and petrochemical, refining, and NGL marketing companies, as well as natural gas distribution companies, electric-generation facilities, industrial companies, municipalities, producers, processors, and marketing companies. The company was founded in 1906 and is headquartered in Tulsa, Oklahoma.
Everything we know about the Vacasa IPO, plus information on how to buy in.
Everything we know about the William Penn Bancorp IPO, plus information on how to buy in.
Everything we know about the Landos Biopharma Inc IPO, plus information on how to buy in.
Everything we know about the First High-School Education Group Co Ltd IPO, plus information on how to buy in.
Everything we know about the Knowlton Development Corp IPO, plus information on how to buy in.
Steps to owning and managing SASR, with 24-hour and historical pricing before you buy.
Steps to owning and managing SAIL, with 24-hour and historical pricing before you buy.
Steps to owning and managing SAF, with 24-hour and historical pricing before you buy.
Steps to owning and managing RDHL, with 24-hour and historical pricing before you buy.
Steps to owning and managing SBFG, with 24-hour and historical pricing before you buy.
finder.com is an independent comparison platform and information service that aims to provide you with the tools you need to make better decisions. While we are independent, the offers that appear on this site are from companies from which finder.com receives compensation. We may receive compensation from our partners for placement of their products or services. We may also receive compensation if you click on certain links posted on our site. While compensation arrangements may affect the order, position or placement of product information, it doesn't influence our assessment of those products. Please don't interpret the order in which products appear on our Site as any endorsement or recommendation from us. finder.com compares a wide range of products, providers and services but we don't provide information on all available products, providers or services. Please appreciate that there may be other options available to you than the products, providers or services covered by our service.