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ONEOK Inc (OKE)

Valor Justo
EnergyOil & Gas MidstreamUnited States

Fundamental

62

Preço

$85.27

Capitalização de Mercado

$55.87B

Parte 1 · Quanto vale a empresa

Visão Geral

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.

No editorial profile for this company yet

Direct competitors

Who this company fights with for the same customers

Compare

Generated on 19 de setembro de 2026 with claude-haiku-4-5 — shared with all users

P/E: 25.8Score: 76Market cap: $59.49B

Targa runs the same integrated chain as ONEOK — wellhead gathering and processing in the Permian and Mid-Continent feeding NGL pipelines and Mont Belvieu fractionation — and bids against it for the same producers' gas and the same mixed-NGL barrels.

P/E: 27.1Score: 70Market cap: $84.37B

Williams competes with ONEOK for gathering and processing volumes in the Rocky Mountain, Mid-Continent and Permian basins and for interstate natural gas transportation and storage capacity sold to the same shippers.

P/E: 19.3Score: 69Market cap: $68.21B

Kinder Morgan sells the same fee-based interstate gas transportation, storage and refined-products pipeline and terminal capacity that ONEOK offers after the Magellan acquisition, to utilities, refiners and marketers in overlapping markets.

Energy Transfer LPET

Energy Transfer moves NGLs from the same Permian and Mid-Continent basins to the same Gulf Coast fractionation and export outlets, competing directly for producer dedications and for transport and fractionation fees.

Enterprise Products Partners L.P.EPD

Enterprise is the largest NGL pipeline, fractionation and export system in the United States and competes with ONEOK's natural gas liquids segment for the same mixed-NGL supply and the same petrochemical and export customers.

Western Midstream Partners, LPWES

Western Midstream gathers and processes natural gas in the Delaware Basin, Powder River Basin and DJ Basin, chasing dedications from the same producers ONEOK connects in those areas.

Balanço & Liquidez

Receita

$39.37B

Últimos 12 meses (até 30/06/2026)

Resultado Líquido

$3.66B

Últimos 12 meses (até 30/06/2026)

Fluxo de Caixa Livre

$2.45B

Capital Próprio Total

$22.48B

Passivo Total

$44.07B

Rácio de Liquidez

0.74

Cobertura de Juros

3.44

Dívida/EBITDA

4.55

Resultados Por Ação

Receita & Resultado Líquido

Fluxo de Caixa Livre

Decomposição dos Resultados

Demonstração histórica

Margens ao longo do tempo

A dívida ao longo do tempo

Quanto pesa a dívida

Grelha do crescimento

Crescimento — Receitas

Estimativa de Valor Justo

CíclicaJustamente Valorizada

Valor Justo

$83.75

Preço Atual

$85.27

Margem de Segurança

-1.8%

Intervalo de Valor Justo

$63.91 - $103.59

Dispersão entre os métodos de avaliação utilizados, não um intervalo de confiança calibrado estatisticamente.

Métodos de Estimativa

Preço-alvo dos analistas:$101.50
Fluxo de caixa descontado (DCF):Não aplicável a este tipo de empresa
Multiplicador de lucros (P/E):$86.14
Fórmula de crescimento de Graham:Não aplicável a este tipo de empresa
Valor da capacidade de gerar lucro (EPV):$47.28
P/B justificado:Não aplicável a este tipo de empresa
Desconto de dividendos (Gordon):Não aplicável a este tipo de empresa
P/FFO, fundos de operações:Não aplicável a este tipo de empresa
Lucros de meio de ciclo:$90.85
Multiplicador sobre as receitas:Não aplicável a este tipo de empresa
Consenso dos Analistas:Comprar (13B / 15H / 0S)
Última Surpresa de Resultados:+3.93%

Métricas de Avaliação

Rácio P/E

14.70

ROE

15.1%

Rácio P/B

2.34

P/FCF

18.50

Margem Bruta

27.2%

ROIC

7.9%

Radar de Rentabilidade

Criação de Valor (Vantagem Competitiva)

ROIC

7.9%

WACC

7.1%

ROIC − WACC

+0.8 pp

O ROIC está próximo do custo do capital — a empresa cobre apenas o custo do capital.

Critérios de Análise Fundamental

Aprovado (15)

  • EPS shows upward trend
  • Price CAGR 5.34%
  • ROIC 7.9%
  • P/FCF 18.50
  • P/B Ratio 2.34
  • Debt/Equity ratio
  • Operating Margin 15.5%
  • Positive Free Cash Flow
  • Interest Coverage
  • Debt/EBITDA
  • Return on Tangible Assets
  • ROE 16.3%
  • PEG Ratio 0.50
  • Earnings Quality (OCF/NI) 1.68
  • Piotroski F-Score 5/9

Reprovado (12)

  • EPS CAGR 3.76%
  • Gross Margin 27.2%
  • CapEx intensity
  • Current Ratio
  • Low reliance on intangibles
  • Price below Graham Number
  • DCF valuation (Overvalued)
  • Revenue Growth 5Y 4.4%
  • Analyst Consensus 46% Buy
  • Earnings Surprise avg 1.8%
  • Share Dilution 6.6%
  • Net Margin Trend 9.3% vs 11.1%

Indisponível (1)

  • Dividend Payout NaN%

Piotroski F-Score

5/9

Sinais mistos: algumas áreas requerem atenção

score
criteria

Qualidade dos Resultados

1.68

Alta qualidade: resultados respaldados por caixa

Diluição de Ações

6.6%

A emitir novas ações, diluindo a participação

Participações institucionais

Governação

Equipa Executiva

NomeCargoIdade
Mr. Pierce H. Norton IIPresident, CEO & Director65
Mr. Walter S. Hulse IIICFO, Treasurer and Executive VP of Investor Relations & Corporate Development61
Mr. Randy N. LentzExecutive VP & COO60
Mr. Lyndon C. Taylor J.D.Executive VP, Chief Legal Officer & Assistant Secretary66
Mr. Sheridan C. SwordsExecutive VP & Chief Commercial Officer56
Ms. Mary M. SpearsSenior VP and Chief Accounting Officer of Finance & Tax45
Mr. J. Darren WallisSenior Vice President of Communications & Community Relations-
Mr. Brent D. StrehlowSenior VP & Chief Human Resources Officer-
Mr. Kevin L. BurdickExecutive VP & Chief Enterprise Services Officer60
Mr. Scott D. SchingenSenior VP of Eng., and Op. - Natural Gas Liquids, Natural Gas Pipelines and Corporate Measurement-

Risco de Auditoria

6

Risco do Conselho

2

Risco de Remuneração

2

Risco dos Direitos dos Acionistas

8

Parte 2 · O preço e o momento de entrar

Esta parte não serve para saber se a empresa vale: serve para escolher quando comprá-la, depois que os fundamentos te convenceram. Dentro: análise técnica, potencial, quedas históricas, exposição gama.

Documentos

  • Relatório anual (10-K)

    Uma visão anual do negócio, dos resultados financeiros e dos riscos da empresa.

    Arquivado em 2026-02-24

    Ver documento
  • Relatório trimestral (10-Q)

    Uma atualização sobre o desempenho financeiro dos últimos três meses.

    Arquivado em 2026-08-04

    Ver documento
  • Relatório de fato relevante (8-K)

    Um aviso sobre um fato relevante, como uma mudança na liderança ou um grande anúncio.

    Arquivado em 2026-09-15

    Ver documento

via SEC EDGAR

Histórico de Resultados

via SEC EDGAR

Latest News

Recent headlines for OKE, sourced from Markets Gazette.

  • 2/25/2026POSITIVE
    After A Recent Growth Spurt, This 4.9%-Yielding Dividend Stock is Slowing to A Crawl in 2026. Is a Reacceleration Coming?

    Markets Gazette examines Oneok, an energy company boasting a 4.9% dividend yield. Despite projections indicating a slowdown in growth for 2026, the company appears to possess robust fundamentals to continue increasing its generous payout. Investors are prompted to consider whether this deceleration is merely a temporary pause before a potential reacceleration. Oneok's ability to sustain and grow its dividend, even during a period of more modest expansion, stands as a key attractive factor, suggesting prudent financial management and a long-term value proposition for income-focused investors.

  • 2/24/2026NEGATIVE
    Why Oneok Fell Today

    Oneok Inc., the prominent pipeline operator, experienced a notable decline today, despite reporting earnings that surpassed analyst expectations. While the company delivered a strong performance on its latest earnings, this positive news was overshadowed by what investors perceived as "tepid" guidance for 2026. This cautious outlook for future performance has generated significant concern in the market, hinting at a potential slowdown in growth or lower-than-anticipated margins in the coming years. Investors often prioritize future projections over past results, particularly in capital-intensive sectors like energy infrastructure. The negative sentiment underscores how future expectations can outweigh current successes, leading to a downturn in Oneok's stock price.

  • 2/24/2026NEUTRAL
    ONEOK (OKE) Q4 2025 Earnings Call Transcript

    ONEOK (OKE), a prominent player in the energy sector, has scheduled its fourth-quarter 2025 earnings call for February 24, 2026. As of now, specific details regarding the financial results have not been released. Investors and analysts are keenly awaiting this date to assess the company's performance and future outlook, particularly concerning its midstream operations and natural gas distribution. The upcoming conference call will be crucial for understanding ONEOK's growth strategies and capital management within an evolving energy market landscape.

via Markets Gazette