ONEOK Inc

Company Profile

ONEOK Inc had its IPO on 1985-07-01 under the ticker symbol OKE.

The company operates in the Energy sector and Oil & Gas Midstream industry. ONEOK Inc has a staff strength of 2,966 employees.

Stock update

Shares of ONEOK Inc opened at $64.87 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $64.78 - $66.61, and closed at $66.32.

This is a +2.77% increase from the previous day's closing price.

A total volume of 3,855,643 shares were traded at the close of the day’s session.

In the last one week, shares of ONEOK Inc have increased by +1.17%.

ONEOK Inc's Key Ratios

ONEOK Inc has a market cap of $28.89 billion, indicating a price to book ratio of 4.715 and a price to sales ratio of 1.2693.

In the last 12-months ONEOK Inc’s revenue was $19.20 billion with a gross profit of $4.48 billion and an EBITDA of $4.25 billion. The EBITDA ratio measures ONEOK Inc's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, ONEOK Inc’s operating margin was 18.77% while its return on assets stood at 9.27% with a return of equity of 36.52%.

In Q2, ONEOK Inc’s quarterly earnings growth was a positive 13% while revenue growth was a negative 37.8%.

ONEOK Inc’s PE and PEG Ratio

Forward PE

14.7493

Trailing PE

11.9059

PEG

1.5136

Its diluted EPS in the last 12-months stands at $5.42 per share while it has a forward price to earnings multiple of 14.7493 and a PEG multiple of 1.5136. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into ONEOK Inc’s profitability.

ONEOK Inc stock is trading at a EV to sales ratio of 1.9143 and a EV to EBITDA ratio of 12.6657. Its price to sales ratio in the trailing 12-months stood at 1.2693.

ONEOK Inc stock pays annual dividends of $3.8 per share, indicating a yield of 5.9% and a payout ratio of 89.83%.

Balance sheet and cash flow metrics

Total Assets

$24.04 billion

Total Liabilities

$1.52 billion

Operating Cash Flow

$-400000000.00

Capital Expenditure

$305 million

Dividend Payout Ratio

89.83%

ONEOK Inc ended 2024 with $24.04 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $24.04 billion while shareholder equity stood at $7.22 billion.

ONEOK Inc ended 2024 with $0 in deferred long-term liabilities, $1.52 billion in other current liabilities, 5000000.00 in common stock, $711.00 million in retained earnings and $0 in goodwill. Its cash balance stood at $106.00 million and cash and short-term investments were $106.00 million. The company’s total short-term debt was $12,000,000 while long-term debt stood at $12.74 billion.

ONEOK Inc’s total current assets stands at $1.86 billion while long-term investments were $1.95 billion and short-term investments were $0. Its net receivables were $1.02 billion compared to accounts payable of $880.00 million and inventory worth $460.00 million.

In 2024, ONEOK Inc's operating cash flow was $-400000000.00 while its capital expenditure stood at $305 million.

Comparatively, ONEOK Inc paid $0.90 in dividends in 2024.

Other key metrics

Current Trading Price

$66.32

52-Week High

$68.6569

52-Week Low

$47.6234

Analyst Target Price

$71.73

ONEOK Inc stock is currently trading at $66.32 per share. It touched a 52-week high of $68.6569 and a 52-week low of $68.6569. Analysts tracking the stock have a 12-month average target price of $71.73.

Its 50-day moving average was $64.67 and 200-day moving average was $63.03 The short ratio stood at 5.27 indicating a short percent outstanding of 0%.

Around 45.5% of the company’s stock are held by insiders while 7038.2% are held by institutions.