ONEOK, Inc. (OKE), Discounted Cash Flow Valuation

شركة Oneok ، Inc. (OKE) Profile

US | Energy | Oil & Gas Midstream | NYSE
86.28 1.62 (1.91%)
Real-Time Price (USD)
Market Cap A valuation method that multiplies the price of a company's shares by the total number of outstanding shares.
53.89B
Revenue (ttm) The total amount of income generated by the sale of goods or services related to the company's primary operations.
21.7B
Net Income (ttm) The company's earnings for a period net of operating costs, taxes and interest.
3.04B
Shares Out Total number of common shares outstanding as of the latest date disclosed in a financial filing.
586.5M
EPS (ttm) Company's net earnings or losses from continuing operations on a per diluted share basis.
5.17
PE Ratio The price-to-earnings (PE) ratio is the ratio between a company's stock price and earnings per share. It measures the price of a stock relative to its profits.
19.35
Dividend Yield Measures the cash returned to shareholders by a firm as a percentage of the price they pay for each share of stock.
3.94%
Exchange Name of stock exchange where the trading item trades.
NYSE
Avg Volume The average number of shares traded each day over the past 30 days.
4.51M
Open The opening trade price over the trading day.
85.32
Previous Close The last closing price.
84.66
Beta A ratio that measures the risk or volatility of a company's share price in comparison to the market as a whole.
1.17
1 day delta The range between the high and low prices over the past day.
85.02-86.89
52 weeks The range between the high and low prices over the past 52 weeks.
75.47-118.07

Total Valuation

ONEOK, Inc. has a market cap or net worth of 53.89B. The enterprise value is 85.24B.
Market Cap (ttm) Market Capitalization
A valuation method that multiplies the price of a company's shares by the total number of outstanding shares.
53.89B
Enterprise Value (ttm) Enterprise Value
Enterprise value measures the total value of a company's outstanding shares, adjusted for debt and levels of cash and short-term investments.
Enterprise Value = Market Cap + Total Debt - Cash & Equivalents - Short-Term Investments
85.24B

Valuation Ratios

The trailing PE ratio is 16.62. ONEOK, Inc.'s PEG ratio is 1.99.
PE Ratio (ttm) PE Ratio
The price-to-earnings (P/E) ratio is a valuation metric that shows how expensive a stock is relative to earnings.
PE Ratio = Stock Price / Earnings Per Share
16.62
PS Ratio (ttm) PS Ratio
The price-to-sales (P/S) ratio is a commonly used valuation metric. It shows how expensive a stock is compared to revenue.
PS Ratio = Market Capitalization / Revenue
2.48
PB Ratio (ttm) PB Ratio
The price-to-book (P/B) ratio measures a stock's price relative to book value. Book value is also called Shareholders' equity.
PB Ratio = Market Capitalization / Shareholders' Equity
2.96
P/FCF Ratio (ttm) P/FCF Ratio
The price to free cash flow (P/FCF) ratio is similar to the P/E ratio, except it uses free cash flow instead of accounting earnings.
P/FCF Ratio = Market Capitalization / Free Cash Flow
18.6
PEG Ratio (ttm) PEG Ratio
The price/earnings to growth (PEG) ratio is calculated by dividing a company's PE ratio by its expected earnings growth.
PEG Ratio = PE Ratio / Expected Earnings Growth
1.99

Enterprise Valuation

The stock's EV/EBITDA ratio is 13.24, with a EV/FCF ratio of 29.41.
EV / Sales (ttm) EV / Sales Ratio
The enterprise value to sales (EV/Sales) ratio is similar to the price-to-sales ratio, but the price is adjusted for the company's debt and cash levels.
EV/Sales Ratio = Enterprise Value / Revenue
3.93
EV / EBITDA (ttm) EV / EBIT Ratio
The EV/EBITDA ratio measures a company's valuation relative to its EBITDA, or Earnings Before Interest, Taxes, Depreciation, and Amortization.
EV/EBITDA Ratio = Enterprise Value / EBITDA
13.24
EV / EBIT (ttm) EV/EBIT Ratio
The EV/EBIT is a valuation metric that measures a company's price relative to EBIT, or Earnings Before Interest and Taxes.
EV/EBIT Ratio = Enterprise Value / EBIT
17.24
EV / FCF (ttm) EV/FCF Ratio
The enterprise value to free cash flow (EV/FCF) ratio is similar to the price to free cash flow ratio, except the price is adjusted for the company's cash and debt.
EV/FCF Ratio = Enterprise Value / Free Cash Flow
29.41

Financial Efficiency

Return on equity (ROE) is 18.10% and return on invested capital (ROIC) is 6.15%.
Return on Equity (ROE) (ttm) Return on Equity (ROE)
Return on equity (ROE) is a profitability metric that shows how efficient a company is at using its equity (or "net" assets) to generate profits. It is calculated by dividing the company's net income by the average shareholders' equity over the past 12 months.
ROE = (Net Income / Average Shareholders' Equity) * 100%
18.10%
Return on Assets (ROA) (ttm) Return on Assets (ROA)
Return on assets (ROA) is a metric that measures how much profit a company is able to generate using its assets. It is calculated by dividing net income by the average total assets for the past 12 months.
ROA = (Net Income / Average Total Assets) * 100%
4.74%
Return on Capital (ROIC) (ttm) Return on Capital (ROIC)
Return on invested capital (ROIC) measures how effective a company is at investing its capital in order to increase profits. It is calculated by dividing the EBIT (Earnings Before Interest & Taxes) by the average invested capital in the previous year.
ROIC = (EBIT / Average Invested Capital) * 100%
6.15%
Asset Turnover Asset Turnover
The asset turnover ratio measures the amount of sales relative to a company's assets. It indicates how efficiently the company uses its assets to generate revenue.
Asset Turnover Ratio = Revenue / Average Assets
0.34
Inventory Turnover (ttm) Inventory Turnover
The inventory turnover ratio measures how many times inventory has been sold and replaced during a time period.
Inventory Turnover Ratio = Cost of Revenue / Average Inventory
20.62

Margins

Trailing 12 months gross margin is 28.93%, with operating and profit margins of 22.99% and 13.99%.
Gross Margin (ttm) Gross Margin
Gross margin is the percentage of revenue left as gross profits, after subtracting cost of goods sold from the revenue.
Gross Margin = (Gross Profit / Revenue) * 100%
28.93%
Operating Margin (ttm) Operating Margin
Operating margin is the percentage of revenue left as operating income, after subtracting cost of revenue and all operating expenses from the revenue.
Operating Margin = (Operating Income / Revenue) * 100%
22.99%
Pretax Margin (ttm) Pretax Margin
Pretax margin is the percentage of revenue left as profits before subtracting taxes.
Pretax Margin = (Pretax Income / Revenue) * 100%
17.98%
Profit Margin (ttm) Profit Margin
Profit margin is the percentage of revenue left as net income, or profits, after subtracting all costs and expenses from the revenue.
Profit Margin = (Net Income / Revenue) * 100%
13.99%
EBITDA Margin (ttm) EBITDA Margin
EBITDA margin is the percentage of revenue left as EBITDA, after subtracting all expenses except interest, taxes, depreciation and amortization from revenue.
EBITDA Margin = (EBITDA / Revenue) * 100%
29.68%

Income Statement

In the last 12 months, ONEOK, Inc. had revenue of 21.7B and earned 3.04B in profits. Earnings per share (EPS) was 5.17.
Revenue (ttm) Revenue
Revenue is the amount of money a company receives from its main business activities, such as sales of products or services. Revenue is also called sales.
21.7B
Gross Profit (ttm) Gross Profit
Gross profit is a company’s profit after subtracting the costs directly linked to making and delivering its products and services.
Gross Profit = Revenue - Cost of Revenue
6.28B
Operating Income (ttm) Operating Income
Operating income is the amount of profit in a company after paying for all the expenses related to its core operations.
Operating Income = Revenue - Cost of Revenue - Operating Expenses
4.99B
Pretax Income (ttm) Pretax Income
Pretax income is a company's profits before accounting for income taxes.
Pretax Income = Net Income + Income Taxes
3.9B
Net Income (ttm) Net Income
Net income is a company's accounting profits after subtracting all costs and expenses from the revenue. It is also called earnings, profits or "the bottom line"
Net Income = Revenue - All Expenses
3.04B
EBITDA (ttm) EBITDA
EBITDA stands for "Earnings Before Interest, Taxes, Depreciation and Amortization." It is a commonly used measure of profitability.
EBITDA = Net Income + Interest + Taxes + Depreciation and Amortization
6.44B
EBIT (ttm) EBIT
EBIT stands for "Earnings Before Interest and Taxes" and is a commonly used measure of earnings or profits. It is similar to operating income.
EBIT = Net Income + Interest + Taxes
5.31B
Earnings Per Share (EPS) (ttm) EPS (Diluted)
Earnings per share is the portion of a company's profit that is allocated to each individual stock. Diluted EPS is calculated by dividing net income by "diluted" shares outstanding.
Diluted EPS = Net Income / Shares Outstanding (Diluted)
5.17

Financial Position

The company has a trailing 12 months (ttm) current ratio of 0.9, with a ttm Debt / Equity ratio of 1.88.
Current Ratio (ttm) Current Ratio
The current ratio is used to measure a company's short-term liquidity. A low number can indicate that a company will have trouble paying its upcoming liabilities.
Current Ratio = Current Assets / Current Liabilities
0.9
Quick Ratio (ttm) Quick Ratio
The quick ratio measure a company's short-term liquidity. A low number indicates that the company may have trouble paying its upcoming financial obligations.
Quick Ratio = (Cash + Short-Term Investments + Accounts Receivable) / Current Liabilities
0.74
Debt / Equity (ttm) Debt / Equity Ratio
The debt-to-equity ratio measures a company's debt levels relative to its shareholders' equity or book value. A high ratio implies that a company has a lot of debt.
Debt / Equity Ratio = Total Debt / Shareholders' Equity
1.88
Debt / EBIT (ttm) Debt / EBIT Ratio
The debt-to-EBIT ratio is a company's debt levels relative to its trailing twelve-month EBIT. A high ratio implies that debt is high relative to the company's earnings.
Debt / EBIT Ratio = Total Debt / EBIT (ttm)
0.78

Dividends & Yields

This stock pays an annual dividend of 4, which amounts to a dividend yield of 4.64%.
Dividend Per Share (ttm) Dividend Per Share
Total amount paid to each outstanding share in dividends during the period.
4
Dividend Yield (ttm) Dividend Yield
The dividend yield is how much a stock pays in dividends each year, as a percentage of the stock price.
Dividend Yield = (Annual Dividends Per Share / Stock Price) * 100%
4.64%
Earnings Yield (ttm) Earnings Yield
The earnings yield is a valuation metric that measures a company's profits relative to stock price, expressed as a percentage yield. It is the inverse of the P/E ratio.
Earnings Yield = (Earnings Per Share / Stock Price) * 100%
6.02%
FCF Yield (ttm) FCF Yield
The free cash flow (FCF) yield measures a company's free cash flow relative to its price, shown as a percentage. It is the inverse of the P/FCF ratio.
FCF Yield = (Free Cash Flow / Market Cap) * 100%
5.38%
Dividend Growth (YoY) Dividend Growth
The change in dividend payments per share, compared to the previous period.
Dividend Growth = ((Current Dividend / Previous Dividend) - 1) * 100%
4.16%
Payout Ratio (ttm) Payout Ratio
The payout ratio is the percentage of a company's profits that are paid out as dividends. A high ratio implies that the dividend payments may not be sustainable.
Payout Ratio = (Dividends Per Share / Earnings Per Share) * 100%
76.21%

Balance Sheet

The company has 733M in cash and 32.08B in debt, giving a net cash position of -31.34B.
Cash & Cash Equivalents Cash & Cash Equivalents
Cash and cash equivalents is the sum of "Cash & Equivalents" and "Short-Term Investments." This is the amount of money that a company has quick access to, assuming that the cash equivalents and short-term investments can be sold at a short notice.
Cash & Cash Equivalents = Cash & Equivalents + Short-Term Investments
733M
Total Debt Total Debt
Total debt is the total amount of liabilities categorized as "debt" on the balance sheet. It includes both current and long-term (non-current) debt.
Total Debt = Current Debt + Long-Term Debt
32.08B
Net Cash Net Cash / Debt
Net Cash / Debt is an indicator of the financial position of a company. It is calculated by taking the total amount of cash and cash equivalents and subtracting the total debt.
Net Cash / Debt = Total Cash - Total Debt
-31.34B
Book Value Shareholders' Equity
Shareholders’ equity is also called book value or net worth. It can be seen as the amount of money held by investors inside the company. It is calculated by subtracting all liabilities from all assets.
Shareholders' Equity = Total Assets - Total Liabilities
17.04B
Book Value Per Share (ttm) Book Value Per Share
Book value per share is the total amount of book value attributable to each individual stock. It is calculated by dividing book value (shareholders' equity) by the number of outstanding shares.
Book Value Per Share = Book Value / Shares Outstanding
37.85
Working Capital (ttm) Working Capital
Working capital is the amount of money available to a business to conduct its day-to-day operations. It is calculated by subtracting total current liabilities from total current assets.
Working Capital = Current Assets - Current Liabilities
-481M

Cash Flow

In the last 12 months, operating cash flow of the company was 4.94B and capital expenditures -2.02B, giving a free cash flow of 2.9B.
Operating Cash Flow (ttm) Operating Cash Flow
Operating cash flow, also called cash flow from operating activities, measures the amount of cash that a company generates from normal business activities. It is the amount of cash left after all cash income has been received, and all cash expenses have been paid.
4.94B
Capital Expenditures (ttm) Capital Expenditures
Capital expenditures are also called payments for property, plants and equipment. It measures cash spent on long-term assets that will be used to run the business, such as manufacturing equipment, real estate and others.
-2.02B
Free Cash Flow (ttm) Free Cash Flow
Free cash flow is the cash remaining after the company spends on everything required to maintain and grow the business. It is calculated by subtracting capital expenditures from operating cash flow.
Free Cash Flow = Operating Cash Flow - Capital Expenditures
2.9B
FCF Per Share (ttm) Free Cash Flow Per Share
Free cash flow per share is the amount of free cash flow attributed to each outstanding stock.
FCF Per Share = Free Cash Flow / Shares Outstanding
4.96

ONEOK, Inc. News

Apr 24, 2025 - prnewswire.com
ONEOK Declares Quarterly Dividend
TULSA, Okla. , April 24, 2025 /PRNewswire/ -- The board of directors of ONEOK, Inc. (NYSE: OKE) today declared a quarterly dividend of $1.03 per share, unchanged from the previous quarter, resulting in an annualized dividend of $4.12 per share....[read more]
Apr 24, 2025 - seekingalpha.com
Dividend Harvesting Portfolio Week 216: $21,600 Allocated, $2,166.49 In Projected Dividends
The markets faced volatility due to tariff and trade policy concerns, but the Fed's potential rate cuts could benefit the Dividend Harvesting Portfolio. The Dividend Harvesting Portfolio increased by 2.22% this week, with a total profitability of $4,100.97 and forward dividend income of $2,166.49. I added to positions in ONEOK and Blue Owl Capital Corporation, expecting them to perform well, especially if the Fed cuts rates....[read more]
Apr 23, 2025 - zacks.com
ONEOK to Release Q1 Earnings: Here's What You Need to Know
OKE's first-quarter earnings are likely to have continued to gain from fee-based contracts and acquisition of EnLink Midstream....[read more]
Apr 22, 2025 - zacks.com
Oneok Inc. (OKE) Earnings Expected to Grow: What to Know Ahead of Next Week's Release
Oneok (OKE) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations....[read more]
Apr 17, 2025 - zacks.com
EPD vs. OKE: Which Stock Is the Better Value Option?
Investors interested in Oil and Gas - Production Pipeline - MLB stocks are likely familiar with Enterprise Products Partners (EPD) and Oneok Inc. (OKE). But which of these two stocks offers value investors a better bang for their buck right now?...[read more]
Apr 17, 2025 - seekingalpha.com
Dividend Harvesting Portfolio Week 215: $21,500 Allocated, $2,158.06 In Projected Dividends
Dividend Harvesting Portfolio Week 215: $21,500 Allocated, $2,158.06 In Projected Dividends...[read more]
Apr 15, 2025 - fool.com
5 Safe Dividend Stocks Yielding 5% or More to Buy Right Now for Durable Passive Income
The stock market has slumped sharply this year due to concerns that tariffs could cause a recession. One positive from the sell-off is that lower stock prices cause dividend yields to rise....[read more]
Apr 14, 2025 - seekingalpha.com
Tariffied? 3 Of The Smartest Dividend Stocks To Buy Right Now
Last week was extremely volatile, with significant market swings driven by political and macroeconomic news, leading to the highest volatility since the Great Financial Crisis. The market is currently in an event-driven correction due to tariffs, with a deeply bearish sentiment, which is a positive contrarian signal for buying. Policy support remains uncertain, but potential positive developments in tariff negotiations and growth rates could fuel a market recovery....[read more]
Apr 13, 2025 - seekingalpha.com
Buy 9 'Safer' Dividend Dogs Of 23 April Barron's Better Bets Than T-Bills
Nine out of ten "Safest" BBB dividend dogs are ready to buy, with annual dividends from $1K invested exceeding single share prices. Analysts expect 32.86% to 53.48% net gains from top-ten BBB dogs by April 2026, with an average net gain of 43.38%. Best Buy, LyondellBasell, and Pfizer are among the top projected profit-generating trades based on dividends and target price estimates....[read more]
Apr 9, 2025 - seekingalpha.com
ONEOK Shares Look Inexpensive Again With A Big Dividend
OKE's share price has fallen over 33%, presenting a buying opportunity with a 5% yield and significant long-term value from strategic acquisitions and diversified infrastructure. Despite recent volatility and risks, OKE's fee-based business model and strategic projects position it for sustained EPS and dividend growth. OKE's dividend growth history and recent increases signal confidence in future profitability, making it an attractive investment for income-focused investors....[read more]

ONEOK, Inc. Details

Country US
City Tulsa
Address 100 West Fifth Street
Ticker Symbol OKE
Exchange New York Stock Exchange
IPO Date Oct 1, 1980
CEO Mr. Pierce H. Norton II
Sector Energy
Industry Oil & Gas Midstream
Employees 5.18K

ONEOK, Inc. Company Description

ONEOK, Inc., together with its subsidiaries, engages in gathering, processing, storage, and transportation of natural gas in the United States. It operates through Natural Gas Gathering and Processing, Natural Gas Liquids, and Natural Gas Pipelines segments. The company owns natural gas gathering pipelines and processing plants in the Mid-Continent and Rocky Mountain regions. It also gathers, treats, fractionates, and transports natural gas liquids (NGL), as well as stores, markets, and distributes NGL products. The company owns NGL gathering and distribution pipelines in Oklahoma, Kansas, Texas, New Mexico, Montana, North Dakota, Wyoming, and Colorado; terminal and storage facilities in Kansas, Missouri, Nebraska, Iowa, and Illinois; and NGL distribution and refined petroleum products pipelines in Kansas, Missouri, Nebraska, Iowa, Illinois, and Indiana, as well as owns and operates truck- and rail-loading, and -unloading facilities connected to NGL fractionation, storage, and pipeline assets. In addition, it operates regulated interstate and intrastate natural gas transmission pipelines and natural gas storage facilities. Further, the company owns and operates a parking garage in downtown Tulsa, Oklahoma; and leases excess office space. It operates 17,500 miles of natural gas gathering pipelines; 1,500 miles of FERC-regulated interstate natural gas pipelines; 5,100 miles of state-regulated intrastate transmission pipeline; six NGL storage facilities; and eight NGL product terminals. It serves integrated and independent exploration and production companies; NGL and natural gas gathering and processing companies; crude oil and natural gas production companies; propane distributors; municipalities; ethanol producers; and petrochemical, refining, and NGL marketing companies, as well as natural gas distribution and electric generation companies, producers, processors, and marketing companies. The company was founded in 1906 and is headquartered in Tulsa, Oklahoma.

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