ONEOK Competitors
| OKE Stock | USD 86.11 1.51 1.78% |
ONEOK vs Nixxy Correlation
Pay attention - limited upside
The correlation between ONEOK Inc and NIXX is -0.85 (i.e., Pay attention - limited upside) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding ONEOK Inc and NIXX in the same portfolio, assuming nothing else is changed.
Moving together with ONEOK Stock
| 0.83 | ET | Energy Transfer LP Earnings Call This Week | PairCorr |
| 0.85 | P5P | Pembina Pipeline Corp | PairCorr |
| 0.92 | EPD | Enterprise Products | PairCorr |
| 0.9 | GLP | Global Partners LP | PairCorr |
Moving against ONEOK Stock
At present, ONEOK's Return On Equity is projected to slightly decrease based on the last few years of reporting. At present, ONEOK's Non Current Assets Total are projected to increase significantly based on the last few years of reporting. The current year's Total Current Assets is expected to grow to about 5.1 B, whereas Other Current Assets are forecasted to decline to about 287.9 M.ONEOK Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between ONEOK and its competitors represents the degree of relationship between the price movements of corresponding stocks. A correlation of about +1.0 implies that the price of ONEOK and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of ONEOK Inc does not affect the price movement of the other competitor.
High positive correlations
| High negative correlations
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Risk-Adjusted Indicators
There is a big difference between ONEOK Stock performing well and ONEOK Company doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze ONEOK's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.| Mean Deviation | Jensen Alpha | Sortino Ratio | Treynor Ratio | Semi Deviation | Expected Shortfall | Potential Upside | Value @Risk | Maximum Drawdown | ||
|---|---|---|---|---|---|---|---|---|---|---|
| PSHG | 2.49 | 0.00 | 0.00 | 0.07 | 3.26 | 5.77 | 16.86 | |||
| PXS | 2.14 | 0.34 | 0.12 | 0.93 | 2.08 | 7.82 | 15.75 | |||
| VNTG | 2.54 | (0.28) | 0.00 | 0.94 | 0.00 | 5.95 | 18.89 | |||
| NCT | 5.66 | (1.98) | 0.00 | (0.60) | 0.00 | 10.53 | 46.11 | |||
| GLBS | 2.97 | 0.62 | 0.13 | 11.62 | 2.97 | 12.58 | 26.30 | |||
| CTRM | 2.76 | 0.33 | 0.07 | 1.62 | 3.33 | 8.37 | 22.85 | |||
| XTIA | 4.58 | 0.28 | 0.06 | 0.38 | 4.37 | 12.33 | 25.06 | |||
| SIDU | 12.31 | 2.22 | 0.23 | 0.69 | 9.33 | 34.88 | 125.36 | |||
| EHLD | 0.90 | (0.13) | 0.00 | 14.42 | 0.00 | 2.14 | 9.31 | |||
| NIXX | 4.23 | (1.52) | 0.00 | (0.58) | 0.00 | 7.27 | 36.41 |
Cross Equities Net Income Analysis
Compare ONEOK Inc and related stocks such as Performance Shipping, Pyxis Tankers, and Vantage Corp Net Income Over Time
Select Fundamental| 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| PSHG | (2 M) | 3.6 M | 6 M | (57.3 M) | 3.2 M | (17.5 M) | (149 M) | 3.8 M | (52.9 M) | (32.1 M) | 3.8 M | (9.7 M) | 36.3 M | 69.4 M | 43.7 M | 50.3 M | 52.8 M |
| PXS | 1.2 M | 1.2 M | 1.2 M | 1.6 M | (19.2 M) | 3.5 M | (5.8 M) | (5.2 M) | (8.2 M) | (14.1 M) | (11.5 M) | (15.6 M) | 13.4 M | 37 M | 12.9 M | 14.8 M | 15.5 M |
| VNTG | 5.9 M | 5.9 M | 5.9 M | 5.9 M | 5.9 M | 5.9 M | 5.9 M | 5.9 M | 5.9 M | 5.9 M | 5.9 M | 5.9 M | 5.9 M | 5 M | 3.8 M | 3.5 M | 3.9 M |
| NCT | 8.5 M | 8.5 M | 8.5 M | 8.5 M | 8.5 M | 8.5 M | 8.5 M | 8.5 M | 8.5 M | 8.5 M | 8.5 M | 8.5 M | 10.9 M | 3.1 M | 3.1 M | 2.8 M | 2.7 M |
| GLBS | 42.8 M | 6.9 M | (82.8 M) | 5.7 M | 3.2 M | (32.4 M) | (9.8 M) | (6.5 M) | (3.6 M) | (36.4 M) | (17.4 M) | 14.9 M | 24.3 M | 5.3 M | 431 K | 495.6 K | 520.4 K |
| CTRM | 878.6 K | 878.6 K | 878.6 K | 878.6 K | 878.6 K | 878.6 K | 878.6 K | 878.6 K | 980.9 K | 1.1 M | (1.8 M) | 52.3 M | 118.6 M | 38.6 M | 14.6 M | 16.8 M | 31 M |
| XTIA | (27.1 M) | (27.1 M) | (27.1 M) | (27.1 M) | (27.1 M) | (27.1 M) | (27.1 M) | (35 M) | (24.6 M) | (34 M) | (29.2 M) | (69.2 M) | (63.4 M) | (45.9 M) | (35.6 M) | (32 M) | (33.6 M) |
| SIDU | (1.9 M) | (1.9 M) | (1.9 M) | (1.9 M) | (1.9 M) | (1.9 M) | (1.9 M) | (1.9 M) | (1.9 M) | (1.9 M) | (1.5 M) | (3.8 M) | (12.8 M) | (14.3 M) | (17.5 M) | (15.8 M) | (15 M) |
| EHLD | 14 M | 14 M | 14 M | 14 M | 14 M | 14 M | 14 M | 14 M | 14 M | 14 M | 14 M | 14 M | 14 M | 2.4 M | 3.8 M | 3.4 M | 5.4 M |
| NIXX | 800 K | (24.9 K) | (1.1 M) | (3.9 M) | 1.1 M | (306 K) | (443 K) | (472 K) | (11.8 M) | (11.8 M) | (17 M) | (16.3 M) | (16.5 M) | (6.7 M) | (22.6 M) | (20.3 M) | (19.3 M) |
ONEOK Inc and related stocks such as Performance Shipping, Pyxis Tankers, and Vantage Corp Net Income description
Net income is one of the most important fundamental items in finance. It plays a large role in ONEOK Inc financial statement analysis. It represents the amount of money remaining after all of ONEOK Inc operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.ONEOK Competitive Analysis
The better you understand ONEOK competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, ONEOK's competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across ONEOK's competition over several years is one of the best ways to analyze its investment potential.| Better Than Average | Worse Than Peers | View Performance Chart |
ONEOK Competition Performance Charts
Five steps to successful analysis of ONEOK Competition
ONEOK's competitive analysis is the process of researching and evaluating its competitive landscape. It provides an understanding of the strengths, weaknesses, opportunities, and threats (SWOT) faced by ONEOK Inc in relation to its competition. ONEOK's competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of ONEOK in the market, both direct and indirect, as well as new entrants and disruptive technologies.
- Assessing the strengths and weaknesses of each competitor: This involves evaluating each competitor's strengths and weaknesses in areas such as product offerings, market share, brand recognition, financial performance, and distribution channels.
- Understanding the competitive environment: This involves evaluating the regulatory environment, economic conditions, and other factors that may impact ONEOK's competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to ONEOK Inc, and developing a strategy to address them.
- Evaluating the competitive landscape: This involves understanding the competitive dynamics of the market, such as pricing, marketing, and distribution strategies, as well as analyzing the competitive advantage of each competitor.
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Check out ONEOK Correlation with its peers. You can also try the Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.
Will Oil & Gas Storage & Transportation sector continue expanding? Could ONEOK diversify its offerings? Factors like these will boost the valuation of ONEOK. Anticipated expansion of ONEOK directly elevates investor willingness to pay premium valuations. Accurate valuation requires analyzing both current fundamentals and future growth trajectories. Every ONEOK data point contributes insight, yet successful analysis hinges on identifying the most consequential variables.
Quarterly Earnings Growth 0.262 | Dividend Share 4.12 | Earnings Share 5.44 | Revenue Per Share | Quarterly Revenue Growth 0.719 |
Investors evaluate ONEOK Inc using market value (trading price) and book value (balance sheet equity), each telling a different story. Calculating ONEOK's intrinsic value - the estimated true worth - helps identify when the stock trades at a discount or premium to fair value. Seasoned market participants apply comprehensive analytical frameworks to derive fundamental worth and identify mispriced opportunities. External factors like market trends, sector rotation, and investor psychology can cause ONEOK's market price to deviate significantly from intrinsic value.
It's important to distinguish between ONEOK's intrinsic value and market price, which are calculated using different methodologies. Investment decisions regarding ONEOK should consider multiple factors including financial performance, growth metrics, competitive position, and professional analysis. Conversely, ONEOK's market price signifies the transaction level at which participants voluntarily complete trades.