OKE · ONEOK Inc

NYSE Energy Large Cap Clavix B+
94.94−0.81  (−0.85%)

Price

Snapshot

50 fields · last close
Market Cap$60.36B
P/E16.65
Float628.8M
Beta0.78
Volatility19.5%
ExchangeNYSE
SectorEnergy
Cap tierLarge cap
Macro sensitivityModerate
Clavix score78
Price94.94
Change−0.85%
Prev Close95.75
Open96.46
Day Low95.45
Day High96.90
Avg Vol3
Avg $ Vol$321.8M
52W High99.84
52W Low64.02
52W Pos86.3%
From High−4.91%
From Low+48.30%
Max DD 1Y−13.54%
Spread0.10%
LiquidityNormal
SMA 20+1.15%
SMA 50+3.69%
SMA 200+11.96%
RSI (14)59.0
Vol 30D27.9%
Vol 90D29.8%
1Y Range64–100
Daily bars506
Perf Week+1.09%
Perf Month+9.75%
Perf Quarter+7.64%
Perf Half Y+11.86%
Perf Year+29.62%
Perf YTD+27.71%
Prev Day−0.85%
ClavixB+
Debt / Eq1.46
Curr Ratio0.71
Int Cover4.4×
FCF Margin7.8%
Rev Growth−10.1%
ProfitProfitable
LeverageModerate
Sector rank15 / 46

What OKE does

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.

Clavix risk grade

regraded every trading day
B+78/100

OKE grades B+, 78 of 100. Steadiest on Price Stability (64), most exposed on News Sentiment (50, mixed). 1 of the 4 weighted dimensions sit above the Energy median. Ranks 15 of 46 in Energy by Clavix score.

PriceMacroSectorNewsFinancial

How rough the ride is

OKEEnergy median
Betavs the overall market · lower is steadier0.780.61
Volatilityannualized19.5%15.8%
Max drawdown, past yearworst peak-to-trough fall−13.5%
Typical daily movemedian absolute daily change1.04%
Days beyond ±3%of the last 252 sessions239%

How its days are spread

Daily returns over the last 252 sessions in 1% bins. Moves beyond ±6% land in the end bins.

52-week range

OKE
95.75

The bar runs from the lowest to the highest close of the last 252 sessions; the marker is the latest close.

Drawdown from the 1-year peak

OKE

Percent below the running high over the last 12 months. Zero is a fresh high.

Market sensitivity

OKEEnergy median
Beta to the markethow much it swings with the S&P 500 · lower is safer0.780.61
Macro sensitivityrate, dollar and credit exposure bucketModerateLow49% of 47

Where it sits on the macro scale

Low 23Moderate 21High 3Very High 0

Low means rates, the dollar and credit spreads barely move it. Very High means they drive a large share of its swings. The counts are how many Energy names sit in each bucket.

Where it ranks in its sector

Sector
Energy46 companies ranked
OKE
#15 of 46

Rank by Clavix score within the sector. Right is the top of the sector.

Price performance

OKE
1 week+1.1%
1 month+9.8%
Year to date+27.7%
1 year+29.6%

Context for the rank, not itself a risk measure.

Recent coverage, scored

OKE
Articles scoredthe most recent scored coverage, up to 3030since 13 Jul
Average score0 most bearish, 100 most bullish65
Bullish · bearisharticles above 60 · below 4021 · 4
Directionarticles whose tone is improving vs worsening21 ↑ 4 ↓

Where the article scores land

Each bar is a 10-point band of article scores. Below 40 reads bearish, above 60 bullish.

Balance sheet, against the sector

Debt / equityTotal debt vs shareholder equity · lower is stronger
1.46sector median 0.52 · 47 names
Current ratioShort-term assets vs liabilities · higher is stronger
0.71sector median 1.01 · 47 names
FCF marginFree cash flow as a share of revenue · higher is stronger
7.8%sector median 15.3% · 44 names
Interest coverageOperating income vs interest expense · higher is stronger
4.4×sector median 8.8× · 47 names

The shaded band is the middle half of the 47 Energy names Clavix covers; the tick is the sector median.

Growth

OKE
Revenue growthyear over year−10.1%

Financial Health is shown but does not count toward the grade. Why

0–100, higher is safer. The tick on each bar is the Energy median. Click a dimension for the evidence behind it. Financial Health is shown but does not count toward the grade.

Against Energy

47 companies
MetricOKESector spreadMedian
Beta0.78
0.61
Volatility19.5%
15.8%
P/E16.65
16.51
Debt / equity1.46
0.52
Current ratio0.71
1.01
FCF margin7.8%
15.3%
Interest coverage4.4×
8.8×

Recent news

most recent scored articles · the chip is the article’s score · click to open

ONEOK (OKE) is buying Brazos Midland for $4.425 billion in a deal that will more than double its natural gas processing capacity in the Midland Basin and expand its footprint in the Permian Basin.

Source Zacks Investment Research Significance major Impact financial impact Risk improving

Read the article →

ONEOK has agreed to buy Brazos Midstream's natural gas gathering and processing assets in the Permian Basin's Midland Basin for $4.425 billion. Apollo is providing a $9 billion minority equity investment to help fund the deal.

Source MarketBeat Significance moderate Impact financial impact Risk improving

Read the article →

ONEOK agreed to buy Brazos Midstream's natural gas gathering and processing assets in the Permian Midland Basin for about $4.43 billion, more than doubling its processing capacity in that region.

Source Reuters Significance major Impact financial impact Risk improving

Read the article →

ONEOK announced it is offering to buy back up to $2 billion of its own outstanding bonds across 20 different note series, as part of a larger $5 billion debt repayment plan.

Source PRNewsWire Significance moderate Impact financial impact Risk improving

Read the article →

ONEOK announced a deal to buy Brazos Midstream's natural gas gathering and processing assets in the Permian Midland Basin for $4.425 billion in cash, funded in part by a $9 billion investment from Apollo and $5 billion in debt repayment.

Source PRNewsWire Significance major Impact financial impact Risk improving

Read the article →

Nearest peers by size

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TRGPTarga Resources CorpB+$62.94B27.750.78Compare
BKRBaker Hughes CoB+$63.17B20.481.07Compare
FANGDiamondback Energy IncB+$56.83B38.830.51Compare
DVNDevon Energy CorpB$53.67B16.380.51Compare
KMIKinder Morgan IncA$70.37B20.560.61Compare
ETEnergy Transfer LPA$73.82B14.020.63Compare

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