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How to buy ONEOK stock | 28.9

Own ONEOK stock in just a few minutes.

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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.

How to buy shares in ONEOK

  1. Compare share trading platforms. If you're a beginner, look for a platform with low commissions, expert ratings and investment tools to track your portfolio. Narrow down top brands with our comparison table.
  2. Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and bank information. Fund your account with a bank transfer, credit card or debit card.
  3. Search for ONEOK Find the stock by name or ticker symbol: OKE. Research its history to confirm it's a solid investment against your financial goals.
  4. Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until ONEOK reaches your desired price. To spread out your purchase, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
  5. Decide on how many to buy. At last close price of USD$28.9, weigh your budget against a diversified portfolio that can minimize risk through the market's ups and downs. You may be able to buy a fractional share of ONEOK, depending on your broker.
  6. Check in on your investment. Congratulations, you own a part of ONEOK. Optimize your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.

How has coronavirus impacted ONEOK's share price?

Since the stock market crash in March caused by coronavirus, ONEOK's share price has had significant negative movement.

Its last market close was USD$28.9, which is 62.50% down on its pre-crash value of USD$77.06 and 137.66% up on the lowest point reached during the March crash when the shares fell as low as USD$12.16.

If you had bought USD$1,000 worth of ONEOK shares at the start of February 2020, those shares would have been worth USD$263.23 at the bottom of the March crash, and if you held on to them, then as of the last market close they'd be worth USD$388.13.

ONEOK share price

Use our graph to track the performance of OKE stocks over time.

ONEOK shares at a glance

Information last updated 2020-10-14.
Latest market closeUSD$28.9
52-week rangeUSD$12.16 - USD$78.48
50-day moving average USD$26.9411
200-day moving average USD$29.9126
Wall St. target priceUSD$33.45
PE ratio 19.4966
Dividend yield USD$3.74 (12.7%)
Earnings per share (TTM) USD$1.488

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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.

Is it a good time to buy ONEOK stock?

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.

ONEOK price performance over time

Historical closes compared with the close of $28.9 from 2020-10-16

1 week (2020-10-13) -1.87%
1 month (2020-09-18) 4.94%
3 months (2020-07-20) 2.30%
6 months (2020-04-20) 2.45%
1 year (2019-10-18) -58.24%
2 years (2018-10-19) -57.37%
3 years (2017-10-20) -48.39%
5 years (2015-10-20) -24.21%

Is ONEOK under- or over-valued?

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 P/E ratio

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 19x. In other words, ONEOK shares trade at around 19x 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 PEG ratio

ONEOK's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 1.967. 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

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.

ONEOK financials

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%
Profit margin 7.13%
Book value $14.049
Market capitalisation USD$13.1 billion

TTM: trailing 12 months

Shorting ONEOK shares

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)

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.

ONEOK's environmental, social and governance track record

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.

ONEOK's total ESG risk score

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.).

ONEOK's environmental score

Environmental score: 10.6/100

ONEOK's social score

Social score: 6.63/100

ONEOK's governance score

Governance score: 0.36/100

ONEOK's controversy score

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.

Environmental, social, and governance (ESG) summary

ONEOK, Inc was last rated for ESG on: 2020-10-01.

Total ESG score 20.59
Total ESG percentile 36.28
Environmental score 10.6
Social score 6.63
Governance score 0.36
Level of controversy 1

ONEOK share dividends

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 12.7% 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 12.7% 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").

Have ONEOK's shares ever split?

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.

ONEOK share price volatility

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".

OKE.US volatility(beta: 1.96)Avg. volatility(beta: 1.00)LowHigh

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 overview

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.

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