Oneok
OKE stock analysis · Energy · Oil & Gas Storage & Transportation
As of · fund-implied per-share value
Fund holding value ÷ shares held. Not a live quote; not adjusted for later stock splits.
View SEC fund filing ↗Price × SEC outstanding shares. Shares measured 2026-06-30. Approximate; share and price dates can differ.
View share-count filing ↗DCF value
Equity cash-flow scenario · SEC outstanding shares at 2026-06-30 · -32.2% versus input cap
How this is calculated ↗Reverse DCF
Annual basis · read assumptions below
How this is calculated ↗Relative valuation
19 sector peers · median 21.3×
How this is calculated ↗Historical multiples
7 annual observations · snapshot P/E 16.2× · -17.6% versus history
How this is calculated ↗Free cash flow yield
Annual basis · read assumptions below
How this is calculated ↗ROIC / quality
Normalized tax · financing-capital proxy
How this is calculated ↗Value composite
Annual basis · read assumptions below
How this is calculated ↗12–1 price momentum
Split and corporate-action verification is incomplete for these fund observations. Verified adjusted endpoints are required for 12–1 momentum.
How this is calculated ↗Asset growth
Annual basis · read assumptions below
How this is calculated ↗Net payout yield
Requires reported dividends, repurchases and issuance; missing values are not zero.
How this is calculated ↗Accrual quality
Annual basis · read assumptions below
How this is calculated ↗Fundamental momentum
Annual basis · read assumptions below
How this is calculated ↗Follow the cash
ANNUAL · USDOperating cash flow and reinvestment over time
Annual USD. Negative bars use a compressed lower scale. Hover or inspect the financial history table for exact values.
Make the assumptions yours
How sensitive is the valuation?
| Return / Growth | 3.0% | 5.0% | 7.0% |
|---|---|---|---|
| 8.0% | $73.95 | $80.69 | $87.93 |
| 10.0% | $54.19 | $58.96 | $64.08 |
| 12.0% | $42.75 | $46.39 | $50.29 |
Annual financial history
Open SEC filings ↗| Fiscal year-end | Revenue | Net income | Operating cash flow | Capital expenditure | Assets |
|---|---|---|---|---|---|
| 2025-12-31 | 33.6B | 3.5B | 5.6B | 3.2B | 66.6B |
| 2024-12-31 | 21.7B | 3.1B | 4.9B | 2B | 64.1B |
| 2023-12-31 | 17.7B | 2.7B | 4.4B | 1.6B | 44.3B |
| 2022-12-31 | 22.4B | 1.7B | 2.9B | 1.2B | 24.4B |
| 2021-12-31 | 16.5B | 1.5B | 2.5B | 697M | 23.6B |
| 2020-12-31 | 8.5B | 612.8M | 1.9B | 2.2B | 23.1B |
| 2019-12-31 | 10.2B | 1.3B | 1.9B | 3.8B | 21.8B |
| 2018-12-31 | 12.6B | 1.2B | 2.2B | 2.1B | 18.2B |
USD, abbreviated. Restated annual history; not a point-in-time backtest. Missing values appear as dashes.
Trace the inputs
MODEL ANNUAL PERIOD| Input | Value | SEC tag / source | Filed |
|---|---|---|---|
| revenue | 33.6B | RevenueFromContractWithCustomerExcludingAssessedTax | 2026-02-24 |
| netIncome | 3.5B | ProfitLoss Explicit consolidated amount, including the portion attributable to noncontrolling interests. | 2026-02-24 |
| Parent/common earnings proxy | 3.4B | NetIncomeLossAvailableToCommonStockholdersBasic | 2026-02-24 |
| cfo | 5.6B | NetCashProvidedByUsedInOperatingActivities | 2026-02-24 |
| capex | 3.2B | PaymentsToAcquirePropertyPlantAndEquipment | 2026-02-24 |
| operatingIncome | 5.7B | OperatingIncomeLoss | 2026-02-24 |
| assets | 66.6B | Assets | 2026-02-24 |
| equity | 22.6B | StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest Explicit consolidated amount, including the portion attributable to noncontrolling interests. | 2026-02-24 |
| Parent book equity proxy | 22.5B | StockholdersEquity | 2026-02-24 |
| debt | 32B | LongTermDebtCurrent + LongTermDebtNoncurrent | 2026-02-24 |
| shortDebt | 820M | ShortTermBorrowings | 2026-02-24 |
| cash | 78M | CashAndCashEquivalentsAtCarryingValue | 2026-02-24 |
| shares | 625.9M | WeightedAverageNumberOfDilutedSharesOutstanding | 2026-02-24 |
| dividends | 2.6B | PaymentsOfDividends | 2026-02-24 |
| buybacks | 75M | PaymentsForRepurchaseOfCommonStock | 2026-02-24 |
| issuance | — | Not reported under a supported tag | — |