WallStSmart
OKE

ONEOK Inc

NYSE: OKE · ENERGY · OIL & GAS MIDSTREAM

$96.62
+0.94% today

Updated 2026-09-11

Market cap
$60.91B
P/E ratio
16.52
P/S ratio
1.55x
EPS (TTM)
$5.85
Dividend yield
4.43%
52W range
$62 – $100
Volume
3.5M

WallStSmart proprietary scores

69
out of 100
Grade: B
Buy
Investment rating
8.0
Growth
A
4.0
Quality
C
6.5
Profitability
B
4.7
Valuation
C
4/9
Piotroski F-Score
Moderate
1.1
Altman Z-Score
Distress
Industry rank
View all highly rated stocks (75+) →251 stocks currently score above 75

Price targets

Analyst target
$92.06
-4.72%
12-Month target
$92.15
-4.63%
Intrinsic (DCF)
$61.08
Margin of safety
-58.19%
2 Strong Buy8 Buy12 Hold0 Sell0 Strong Sell

Price chart

Stock snapshot

Strengths
+ Free cash flow $1.44B — positive
+ Revenue growth 52.80% QoQ
Risks
- Altman Z 1.14 — distress zone
- 58.19% above intrinsic value

Key financials

Revenue Net Income Free Cash Flow
Metric2022202320242025TTM2026 (E)
Revenue$22.87B$17.68B$21.64B$33.63B$39.37B$32.5B
Net income$1.72B$2.66B$3.04B$3.40B$966.00M
EPS$5.85$5.77
Free cash flow$1.70B$2.83B$2.87B$2.45B$1.44B
Profit margin7.53%15.04%14.03%10.10%9.29%

Recent insider activity

DateInsiderTypeSharesPrice
2026-05-28SPEARS, MARY MSale1,000
2026-05-20SMITH, WAYNE THOMASBuy1,845$92.15
2026-05-20RODRIGUEZ, EDUARDO ABuy369$92.15

Peer comparison

CompanyMkt CapScoreGrowthProfitValueQualityMoSRating
OKE$60.91B698.06.54.74.0-58.19%Strong Buy
XOM$682.54B747.36.54.76.5-78.25%Strong Buy
CVX$419.90B777.36.55.36.5-89.23%Strong Buy
SHEL$266.01B737.36.55.36.0-63.05%Strong Buy
TTE$202.51B756.76.07.75.5Strong Buy
COP$165.00B787.37.05.77.0Strong Buy

Smart narrative

ONEOK Inc trades at $96.62. representing a P/E of 16.52x trailing earnings. Our Smart Value Score of 69/100 indicates the stock is good. The company scores 4/9 on the Piotroski F-Score. With an Altman Z-Score of 1.14, it sits in the distress. TTM revenue stands at $39.37B. with profit margins at 9.29%. Our DCF model estimates intrinsic value at $61.08.

Frequently asked questions

What is ONEOK Inc's stock price?

ONEOK Inc (OKE) trades at $96.62, on a P/E of 16.5x and a P/S of 1.5x. Those multiples show what the market is paying for each dollar of earnings and sales, which is the real starting point for judging whether the price is reasonable.

Is ONEOK Inc overvalued?

ONEOK Inc carries a Smart Value Score of 69/100 (Grade B), which we rate Buy. That score blends growth, quality, and valuation into one read. On valuation specifically, our conservative DCF puts intrinsic value at $61.08 against the $96.62 price, so on cash flow terms the market is paying a premium for ONEOK Inc's growth. The Buy rating reflects that growth and quality, while the DCF flags that the price already assumes a lot.

What is the price target of ONEOK Inc (OKE)?

The 12-month analyst consensus target is $92.06, about 4.7% below the current $96.62. A consensus target is the average of Wall Street's 12-month forecasts, so it works as a sentiment gauge rather than a guarantee, and it resets with every earnings cycle.

What is the future stock price of OKE by 2030?

Our research-backed model puts the 2030 base case at $867.40, built from revenue projections, a growth-adjusted P/S multiple, net debt, and share dilution. It is a scenario rather than a prediction, and the bull and bear cases around it matter more than the single number when you are sizing a position.

What is the intrinsic value of ONEOK Inc (OKE)?

Our DCF model estimates intrinsic value at $61.08, a -58.2% margin of safety versus today's $96.62. Intrinsic value is what the projected cash flows are worth today. A negative reading means the price is running ahead of that conservative estimate, leaving little downside cushion if growth slows.

What is ONEOK Inc's revenue?

ONEOK Inc's trailing twelve-month revenue is $39.37B, and our model projects it reaching about $45.60B by 2030. Revenue scale anchors the valuation multiples and shows whether growth is reaching the top line, so it is best read alongside margin and growth trends to see if that revenue is getting more profitable over time.

Altman Z-Score?

ONEOK Inc's Altman Z-Score is 1.14, which places it in the distress. The Altman Z-Score gauges bankruptcy risk from profitability, leverage, and asset efficiency, and a higher reading points to lower financial distress risk.

Company info

SectorENERGY
IndustryOIL & GAS MIDSTREAM
CountryUSA
ExchangeNYSE
CurrencyUSD

Quick metrics

P/S ratio1.55x
ROE15.95%
Beta0.72
50D MA$92.17
200D MA$85.33
Shares out0.63B
Float0.63B
Short ratio
Avg volume3.5M

Performance

1 week+1.25%
1 month+1.72%
3 months+10.49%
YTD+31.46%
1 year
3 years
5 years