WallStSmart

ONEOK Inc (OKE)vsTC Energy Corp (TRP)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

ONEOK Inc generates 121% more annual revenue ($33.63B vs $15.24B). TRP leads profitability with a 23.1% profit margin vs 10.1%. OKE appears more attractively valued with a PEG of 2.25. OKE earns a higher WallStSmart Score of 63/100 (C+).

OKE

Buy

63

out of 100

Grade: C+

Growth: 6.0Profit: 7.0Value: 7.3Quality: 5.0
Piotroski: 2/9Altman Z: 1.19

TRP

Buy

59

out of 100

Grade: C

Growth: 6.0Profit: 7.5Value: 4.7Quality: 3.0
Piotroski: 4/9Altman Z: 0.48
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

OKESignificantly Overvalued (-130.3%)

Margin of Safety

-130.3%

Fair Value

$36.86

Current Price

$92.13

$55.27 premium

UndervaluedFair: $36.86Overvalued
TRPSignificantly Overvalued (-216.8%)

Margin of Safety

-216.8%

Fair Value

$19.23

Current Price

$64.08

$44.85 premium

UndervaluedFair: $19.23Overvalued

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

OKE4 strengths · Avg: 8.3/10
Market CapQuality
$56.18B9/10

Large-cap with strong market position

P/E RatioValuation
16.5x8/10

Attractively priced relative to earnings

Price/BookValuation
2.6x8/10

Reasonable price relative to book value

Revenue GrowthGrowth
29.5%8/10

Revenue surging 29.5% year-over-year

TRP4 strengths · Avg: 9.0/10
Operating MarginProfitability
45.4%10/10

Strong operational efficiency at 45.4%

Market CapQuality
$66.54B9/10

Large-cap with strong market position

Profit MarginProfitability
23.1%9/10

Keeps 23 of every $100 in revenue as profit

Revenue GrowthGrowth
16.5%8/10

16.5% revenue growth

Areas to Watch

OKE4 concerns · Avg: 3.0/10
PEG RatioValuation
2.254/10

Expensive relative to growth rate

Debt/EquityHealth
1.533/10

Elevated debt levels

Piotroski F-ScoreQuality
2/93/10

Weak financial health signals

EPS GrowthGrowth
-1.5%2/10

Earnings declined 1.5%

TRP4 concerns · Avg: 3.0/10
P/E RatioValuation
25.3x4/10

Moderate valuation

EPS GrowthGrowth
0.5%4/10

0.5% earnings growth

PEG RatioValuation
4.612/10

Expensive relative to growth rate

Altman Z-ScoreHealth
0.482/10

Distress zone — elevated risk

Comparative Analysis Report

WallStSmart Research

Bull Case : OKE

The strongest argument for OKE centers on Market Cap, P/E Ratio, Price/Book. Revenue growth of 29.5% demonstrates continued momentum.

Bull Case : TRP

The strongest argument for TRP centers on Operating Margin, Market Cap, Profit Margin. Profitability is solid with margins at 23.1% and operating margin at 45.4%. Revenue growth of 16.5% demonstrates continued momentum.

Bear Case : OKE

The primary concerns for OKE are PEG Ratio, Debt/Equity, Piotroski F-Score. Debt-to-equity of 1.53 is elevated, increasing financial risk.

Bear Case : TRP

The primary concerns for TRP are P/E Ratio, EPS Growth, PEG Ratio. Debt-to-equity of 2.23 is elevated, increasing financial risk.

Key Dynamics to Monitor

TRP carries more volatility with a beta of 1.00 — expect wider price swings.

OKE is growing revenue faster at 29.5% — sustainability is the question.

OKE generates stronger free cash flow (576M), providing more financial flexibility.

Monitor OIL & GAS MIDSTREAM industry trends, competitive dynamics, and regulatory changes.

Bottom Line

OKE scores higher overall (63/100 vs 59/100) and 29.5% revenue growth. Both earn "Buy" and "Buy" ratings respectively — the choice depends on your investment horizon and risk tolerance.

This analysis is generated from publicly available financial data. Not financial advice.

ONEOK Inc

ENERGY · OIL & GAS MIDSTREAM · USA

Oneok, Inc. is a diversified Fortune 500 energy corporation based in Tulsa, Oklahoma.

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TC Energy Corp

ENERGY · OIL & GAS MIDSTREAM · USA

TC Energy Corporation is an energy infrastructure company in North America. The company is headquartered in Calgary, Canada.

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