OKE:NYE-ONEOK, Inc (USD)

COMMON STOCK | Oil & Gas Midstream | NYE

Last Closing Price

USD 53.09

Change

-0.37 (-0.69)%

Market Cap

USD 23.82B

Volume

1.67M

Avg Analyst Target

USD 52.27 (-1.55%)

Avg User Target

USD
Average Analyst Rating

Verdict

Fundamental Analysis

Verdict

About

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 Kansas, 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 connected to NGL fractionation, storage, 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. It operates 18,900 miles of natural gas gathering pipelines; 1,500 miles of FERC-regulated interstate natural gas pipelines; 5,100 miles of state-regulated intrastate transmission pipeline; and 6 NGL storage facilities. 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; municipalities; ethanol producers; and petrochemical, refining, and NGL marketing companies, as well as natural gas distribution companies, electric generation facilities, industrial companies, producers, processors, and marketing companies. The company was founded in 1906 and is headquartered in Tulsa, Oklahoma.

Technical Indicators

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2021-07-22 )

Largest Industry Peers for Oil & Gas Midstream

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ETP-PE Energy Transfer Operating, L.P

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LNG Cheniere Energy, Inc

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CQP Cheniere Energy Partners, L.P

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USD20.98B 21.63 14.68

ETFs Containing OKE

Symbol Name Weight Mer Price(Change) Market Cap
CYH:CA iShares Global Monthly Di.. 0.00 % 0.66 %

+0.02 (+0.10%)

USD0.15B
SDOG ALPS Sector Dividend Dogs.. 0.00 % 0.40 %

-0.34 (-0.66%)

USD1.21B
NREA:CA NBI Global Real Assets In.. 0.00 % 1.03 %

+0.02 (+0.10%)

USD0.05B
XLEY Cushing Energy & MLP ETF 0.00 % 0.65 %

N/A

USD2.22M
PYPE UBS ETRACS NYSE Pickens C.. 0.00 % 0.85 %

-0.03 (-0.16%)

USD0.02B
USAI Pacer American Energy Ind.. 0.00 % 0.75 %

-0.05 (-0.22%)

USD0.02B
ZGI:CA BMO Global Infrastructure.. 0.00 % 0.61 %

-0.28 (-0.70%)

USD0.27B
YMLP VanEck Vectors High Incom.. 0.00 % 0.45 %

N/A

USD0.05B
TPYP Tortoise North American P.. 0.00 % 0.40 %

-0.13 (-0.59%)

USD0.50B
RYE Invesco S&P 500 Equal Wei.. 0.00 % 0.40 %

-0.51 (-1.25%)

USD0.21B
DVY iShares Trust - iShares S.. 0.00 % 0.39 %

-0.81 (-0.70%)

USD18.50B
PUI Invesco DWA Utilities Mom.. 0.00 % 0.60 %

-0.17 (-0.50%)

USD0.05B
PEY Invesco High Yield Equity.. 0.00 % 0.52 %

-0.16 (-0.80%)

USD0.98B
MLPX Global X MLP & Energy Inf.. 0.00 % 0.45 %

-0.12 (-0.35%)

USD0.75B
GHII Invesco S&P High Income I.. 0.00 % 0.45 %

N/A

USD0.06B
FDVV Fidelity High Dividend ET.. 0.00 % 0.29 %

-0.13 (-0.34%)

USD0.96B
ENFR Alerian Energy Infrastruc.. 0.00 % 0.35 %

-0.04 (-0.20%)

USD0.07B
EMLP First Trust North America.. 0.00 % 0.96 %

-0.04 (-0.17%)

USD2.06B
DVYL UBS ETRACS Monthly Pay 2x.. 0.00 % 0.35 %

N/A

USD0.03B
EXX5:XETRA iShares Dow Jones U.S. Se.. 0.00 % 0.31 %

-0.52 (-0.75%)

USD0.85B

Market Performance

  Market Performance vs.
Industry/Classification (Oil & Gas Midstream)
Market Performance vs. Exchange
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 38.33% 63% D 88% B+
Dividend Return 4.87% 47% F 91% A-
Total Return 43.20% 64% D 90% A-
Trailing 12 Months  
Capital Gain 83.32% 85% B 87% B+
Dividend Return 12.91% 72% C- 97% A+
Total Return 96.24% 85% B 88% B+
Trailing 5 Years  
Capital Gain 15.29% 81% B- 47% F
Dividend Return 35.47% 74% C 89% B+
Total Return 50.76% 81% B- 57% F
Average Annual (5 Year Horizon)  
Capital Gain 2.42% 69% D+ 42% F
Dividend Return 6.09% 48% F 89% B+
Total Return 8.51% 78% C+ 55% F
Risk Return Profile  
Volatility (Standard Deviation) 41.68% 37% F 23% F
Risk Adjusted Return 20.41% 66% D 30% F
Market Capitalization 23.82B 88% B+ 90% A-
Letter Grade Percentage Letter Grade Percentage Letter Grade Percentage
A+ 97%-100% A 93%-96% A- 90%-92%
B+ 87%-89% B 83%-86% B- 80%-82%
C+ 77%-79% C 73%-76% C- 70%-72%
D+ 67%-69% D 63%-66% D- 60%-62%
F 0%-59%

Key Financial Ratios

  Ratio vs. Industry/Classification
(Oil & Gas Midstream)
Ratio vs. Market
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
Market Value  
Price / Earning Ratio 20.66 28% F 41% F
Price/Book Ratio 3.67 16% F 27% F
Price / Cash Flow Ratio 12.54 7% F 37% F
EV/EBITDA 12.63 21% F 53% F
Management Effectiveness  
Return on Equity 19.57% 79% C+ 81% B-
Return on Invested Capital 9.07% 58% F 73% C
Return on Assets 5.79% 78% C+ 81% B-
Debt to Equity Ratio 235.48% 24% F 14% F
Technical Ratios  
Short Ratio 2.17 77% C+ 47% F
Short Percent 1.47% 71% C- 69% D+
Beta 1.97 37% F 13% F
Letter Grade Percentage Letter Grade Percentage Letter Grade Percentage
A+ 97%-100% A 93%-96% A- 90%-92%
B+ 97%-89% B 83%-86% B- 80%-82%
C+ 77%-79% C 73%-76% C- 70%-72%
D+ 67%-69% D 63%-66% D- 60%-62%
F 0%-59%

Annual Financials (USD)

Quarterly Financials (USD)

Analyst Rating

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User / Independent Analyst Ratings

User Name Target Rating Target Horizon (Months) Target Price User Analysis Date Comment

Fundamental Analysis Breakdown

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:
High market capitalization

This is one of the largest entities in its sector and is among the top quartile. Such companies tend to be more stable.

High dividend returns

The stock has outperformed its sector peers on average annual dividend returns basis in the past 5 years (for a hold period of at least 12 months) and is in the top quartile. This can be a good buy, especially if it is outperforming on total return basis , for investors seeking high income yields.

Superior return on equity

The company management has delivered better return on equity in the most recent 4 quarters then its peers, placing it in the top quartile.

Superior return on assets

The company management has delivered better return on assets in the most recent 4 quarters than its peers, placing it in the top quartile.

Positive cash flow

The company had positive total cash flow in the most recent four quarters.

Positive free cash flow

The company had positive total free cash flow in the most recent four quarters.

Superior Earnings Growth

This stock has shown top quartile earnings growth in the previous 5 years compared to its sector.

What to not like:
High volatility

The total returns for this company are volatile and above median for its sector over the past 5 years. Make sure you have the risk tolerance for investing in such stock.

Below median total returns

The company has under performed its peers on annual average total returns in the past 5 years.

Overpriced compared to earnings

The stock is trading high compared to its peers on a price to earning basis and is above the sector median.

Overpriced compared to book value

The stock is trading high compared to its peers median on a price to book value basis.

Overpriced on cashflow basis

The stock is trading high compared to its peers on a price to cash flow basis. It is priced above the median for its sectors. Proceed with caution if you are considering to buy.

Highly leveraged

The company is in the bottom half compared to its sector peers on debt to equity and is highly leveraged. However, do check the news and look at its sector and management statements. Sometimes this is high because the company is trying to grow aggressively.

Low Revenue Growth

This stock has shown below median revenue growth in the previous 5 years compared to its sector