Overall Fundamental outlook

Business Operations:

Sector: Energy
Industry: Oil & Gas Midstream

ONEOK, Inc. operates as a midstream service provider of gathering, processing, fractionation, transportation, storage, and marine export services in the United States. It operates in four segments: Natural Gas Gathering and Processing; Natural Gas Liquids; Natural Gas Pipelines; and Refined Products and Crude. The company owns natural gas gathering pipelines and processing plants in the Mid-Continent, Permian Basin, North Texas, Gulf Coast region, and Rocky Mountain regions; and provides midstream services to producers of NGLs. It also owns NGL gathering and distribution pipelines, fractionation, terminal and storage facilities; and transports refined products, including gasoline, diesel fuel, aviation fuel, kerosene, and heating oil. In addition, the company transports and stores natural gas through regulated interstate and intrastate natural gas transmission pipelines, and natural gas storage facilities; it owns and operates a parking garage in downtown Tulsa, Oklahoma; and leases buildings, warehouses, office space, land, and equipment, including pipeline equipment, pipeline capacity, rail cars, and information technology equipment. Further, the company transports, stores, and distributes refined products, purity NGLs, and crude oil, as well as conducts commodity-related activities, including liquids blending and marketing activities. It serves integrated and independent exploration and production companies; other NGL and natural gas gathering and processing companies; crude oil and natural gas production companies; utilities; industrial companies; natural gasoline distributors; propane distributors; municipalities; ethanol producers; petrochemical, refining, and marketing companies; and diluent users, refineries, and exporters. ONEOK, Inc. was founded in 1906 and is headquartered in Tulsa, Oklahoma.

Revenue projections:

Revenue projections for OKE
Revenue projections for OKE

Investors are expected to be cautious with OKE, as its revenues are projected to fall compared to last year. A decline in revenue often results in a negative impact on profitability, prompting concerns about the company's financial stability and making investors more conservative in their approach.

Financial Ratios:

currentRatio 0.710000
forwardPE 14.696937
debtToEquity 149.644000
earningsGrowth 0.180000
revenueGrowth 0.196000
grossMargins 0.296360
operatingMargins 0.149200
trailingEps 5.610000
forwardEps 6.148220

OKE's Forward PE ratio is in a good range, reflecting a reasonable balance between stock price and earnings. The stock is not overpriced, leaving room for growth, which suggests potential for investors looking to capitalize on future value appreciation.
ONEOK, Inc.'s high debt-to-equity ratio indicates that the company is using more debt than equity to fund its operations. This high leverage could expose the company to greater financial risk, especially during periods of declining profitability.
OKE's positive earnings and revenue growth suggest the company is on a path to business expansion. This upward trend signals strong financial health, indicating that OKE is well-positioned for sustained growth in both profits and revenue.
OKE's forward EPS is higher than its trailing EPS, suggesting the company is expected to improve its profitability this financial year. This reflects growing confidence in OKE's earnings potential, with forecasts indicating better financial performance than in the prior year.

Price projections:

Price projections for OKE
Price projections for OKE

The steady upward revision of OKE's price projections indicates growing confidence in the company's future. Analysts are increasingly optimistic about OKE's potential to deliver strong results and increased market value.

Insider Transactions:

Insider Transactions for OKE
Insider Transactions for OKE


ONEOK, Inc. had 1 buy transactions, with market price at 65.36000061035156 per share.There were no buy transactions throughout the period under consideration.The increased selling at ONEOK, Inc.'s current price levels points to potential future declines. If this selling trend persists, the stock could face more downward pressure, suggesting investor pessimism about its future performance.

Recommendation changes over time:

Recommendations trend for OKE
Recommendations trend for OKE


OKE has garnered a buy bias from analysts recently, suggesting the stock is a good investment opportunity. This may lead to increased investor interest, as OKE is seen as a reliable place to park money for those looking to benefit from potential market gains and company growth.