Oneok Inc Stock Today

OKE Stock  USD 117.05  0.30  0.26%   

Performance

23 of 100

 
Weak
 
Strong
Solid

Odds Of Distress

Less than 19

 
High
 
Low
Low
ONEOK is trading at 117.05 as of the 24th of November 2024, a 0.26 percent increase since the beginning of the trading day. The stock's lowest day price was 116.6. ONEOK has less than a 19 % chance of experiencing some financial distress in the next two years of operation and had a solid performance during the last 90 days. Note, on June 7, 2024, Representative Kevin Hern of US Congress acquired under $15k worth of ONEOK Inc's common stock.
Business Domain
Energy
IPO Date
1st of July 1985
ONEOK, Inc., together with its subsidiaries, engages in gathering, processing, storage, and transportation of natural gas in the United States. The company was founded in 1906 and is headquartered in Tulsa, Oklahoma. Oneok operates under Oil Gas Midstream classification in the United States and is traded on New York Stock Exchange. The company has 584.18 M outstanding shares of which 11.28 M shares are now shorted by investors with about 4.78 days to cover. More on ONEOK Inc

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ONEOK Stock Highlights

ESG Sustainability
Environmental
Governance
Social
CEOPierce Norton
Business ConcentrationOil & Gas Storage & Transportation, Oil & Gas Midstream, Energy, NYSE Composite, SP 500 Index, ARCA Natural Gas, Dow Jones Oil, Energy, Oil, Gas & Consumable Fuels, Oil & Gas Midstream, Energy (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Return On Assets0.06310.0601
Sufficiently Up
Slightly volatile
Asset Turnover0.380.3993
Notably Down
Slightly volatile
Gross Profit Margin0.260.2123
Fairly Up
Very volatile
Net Debt22.5 B21.4 B
Sufficiently Up
Slightly volatile
Total Current Liabilities2.5 B3.5 B
Way Down
Slightly volatile
Non Current Liabilities Total25.5 B24.3 B
Sufficiently Up
Slightly volatile
Total Assets46.5 B44.3 B
Sufficiently Up
Slightly volatile
Total Current Assets2.1 B3.1 B
Way Down
Slightly volatile
Total Cash From Operating Activities4.6 B4.4 B
Sufficiently Up
Slightly volatile
Debt Levels
ONEOK can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand ONEOK's financial leverage. It provides some insight into what part of ONEOK's total assets is financed by creditors.
Liquidity
ONEOK Inc has 21.76 B in debt with debt to equity (D/E) ratio of 2.27, meaning that the company heavily relies on borrowing funds for operations. ONEOK Inc has a current ratio of 0.81, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Note however, debt could still be an excellent tool for ONEOK to invest in growth at high rates of return.

Change In Cash

123.9 Million
ONEOK Inc (OKE) is traded on New York Stock Exchange in USA. It is located in 100 West Fifth Street, Tulsa, OK, United States, 74103 and employs 4,775 people. ONEOK is listed under Oil & Gas Storage & Transportation category by Fama And French industry classification. The company currently falls under 'Large-Cap' category with a total capitalization of 68.38 B. ONEOK Inc runs under Oil, Gas & Consumable Fuels sector within Energy industry. The entity has 584.18 M outstanding shares of which 11.28 M shares are now shorted by investors with about 4.78 days to cover. ONEOK Inc has about 220.23 M in cash with 4.42 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.36.
Check ONEOK Probability Of Bankruptcy
Ownership Allocation
ONEOK owns a total of 584.18 Million outstanding shares. The majority of ONEOK Inc outstanding shares are owned by third-party entities. These institutional holders are usually referred to as non-private investors looking to secure positions in ONEOK Inc to benefit from reduced commissions. Therefore, institutional investors are subject to a different set of regulations than regular investors in ONEOK. Please pay attention to any change in the institutional holdings of ONEOK Inc as this could imply that something significant has changed or is about to change at the company. Please note that on June 7, 2024, Representative Kevin Hern of US Congress acquired under $15k worth of ONEOK Inc's common stock.
Check ONEOK Ownership Details

ONEOK Stock Institutional Holders

InstituionRecorded OnShares
Bank Of New York Mellon Corp2024-06-30
4.8 M
Norges Bank2024-06-30
4.8 M
Goldman Sachs Group Inc2024-06-30
4.5 M
Ubs Group Ag2024-06-30
4.5 M
Nuveen Asset Management, Llc2024-06-30
4.2 M
Ubs Asset Mgmt Americas Inc2024-09-30
3.9 M
Jpmorgan Chase & Co2024-06-30
3.8 M
Hhg Plc2024-06-30
3.7 M
Dimensional Fund Advisors, Inc.2024-09-30
3.7 M
Vanguard Group Inc2024-09-30
69.6 M
Blackrock Inc2024-06-30
50.9 M
View ONEOK Diagnostics

ONEOK Historical Income Statement

At present, ONEOK's Total Revenue is projected to increase significantly based on the last few years of reporting. The current year's Gross Profit is expected to grow to about 3.9 B, whereas Cost Of Revenue is forecasted to decline to about 8.4 B. View More Fundamentals

ONEOK Stock Against Markets

ONEOK Corporate Directors

Brian DerksenIndependent DirectorProfile
Gerald SmithIndependent DirectorProfile
Randall LarsonIndependent DirectorProfile
Julie EdwardsLead Independent DirectorProfile
When determining whether ONEOK Inc is a strong investment it is important to analyze ONEOK's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact ONEOK's future performance. For an informed investment choice regarding ONEOK Stock, refer to the following important reports:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in ONEOK Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in industry.
You can also try the Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.
Is Oil & Gas Storage & Transportation space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of ONEOK. If investors know ONEOK will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about ONEOK listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.192
Dividend Share
3.96
Earnings Share
4.72
Revenue Per Share
34.116
Quarterly Revenue Growth
0.199
The market value of ONEOK Inc is measured differently than its book value, which is the value of ONEOK that is recorded on the company's balance sheet. Investors also form their own opinion of ONEOK's value that differs from its market value or its book value, called intrinsic value, which is ONEOK's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because ONEOK's market value can be influenced by many factors that don't directly affect ONEOK's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between ONEOK's value and its price as these two are different measures arrived at by different means. Investors typically determine if ONEOK is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ONEOK's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.