Oneok Stock Analysis

OKE
 Stock
  

USD 63.30  0.18  0.28%   

The latest indifference towards the small price fluctuations of Oneok Inc may encourage shareholders to take a closer look at the company as it is trading at a share price of 63.30 on 1,694,565 in trading volume. The company management teams did not add any value to Oneok investors in July. However, most investors can still diversify their portfolios with Oneok Inc to hedge their inherited risk against high-volatility market scenarios. The stock standard deviation of daily returns for 90 days investing horizon is currently 2.23. The current volatility is consistent with the ongoing market swings in July 2022 as well as with Oneok unsystematic, company-specific events.
Please check Your Equity Center.
  
The Oneok stock analysis report makes it easy to digest most publicly released information about Oneok and get updates on important government artifacts, including earning estimates, SEC corporate filings, and announcements. Oneok Stock analysis module also helps to analyze the Oneok price relationship with some important fundamental indicators such as market cap and management efficiency.

Oneok Stock Analysis Notes

About 67.0% of the company shares are owned by institutional investors. The book value of Oneok was now reported as 13.1. The company has Price/Earnings To Growth (PEG) ratio of 1.43. Oneok Inc last dividend was issued on the 29th of July 2022. The entity had 11422:10000 split on the 3rd of February 2014. ONEOK, Inc., together with its subsidiaries, engages in gathering, processing, storage, and transportation of natural gas in the United States. The company was founded in 1906 and is headquartered in Tulsa, Oklahoma. Oneok operates under Oil Gas Midstream classification in the United States and is traded on New York Stock Exchange. It employs 2847 people. To find out more about Oneok Inc contact Pierce Norton at 918 588-7273 or learn more at www.oneok.com.

Oneok Inc Investment Alerts

Many investors view ongoing market volatility as an opportunity to purchase more stocks at a favorable price or short it to generate a bearish trend profit opportunity. If you are one of those investors, make sure you clearly understand the position you are entering. Oneok's investment alerts are automatically generated signals that are significant enough to either complement your investing judgment regarding Oneok Inc or challenge it. These alerts can help you understand what you are buying and avoid costly mistakes.
The company has 13.88 B in debt with debt to equity (D/E) ratio of 2.32, meaning that the company heavily relies on borrowing funds for operations. Oneok Inc has a current ratio of 0.74, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Debt can assist Oneok until it has trouble settling it off, either with new capital or with free cash flow. So, Oneok's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Oneok Inc sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Oneok to invest in growth at high rates of return. When we think about Oneok's use of debt, we should always consider it together with cash and equity.
About 67.0% of Oneok shares are owned by institutional investors
On 15th of August 2022 Oneok paid $ 0.935 per share dividend to its current shareholders
Latest headline from www.defenseworld.net: MT Bank Corp Has 1.50 Million Stock Position in ONEOK, Inc. - Defense World

Oneok Inc Upcoming and Recent Events

Earnings reports are used by Oneok to provide an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Every quarterly earnings report provides investors with three things: an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Oneok previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
Upcoming Quarterly Report28th of February 2022
Next Financial Report26th of April 2022
Next Fiscal Quarter End31st of December 2021
Next Fiscal Year End28th of February 2022
Last Quarter Report30th of September 2021
Last Financial Announcement31st of December 2020

Oneok Thematic Classifications

In addition to having Oneok stock in your portfolios, you can add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your favorite investment opportunity, you can then obtain an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility. If you are a result-oriented investor, you can benefit from optimizing one of our existing themes to build an efficient portfolio against your specific investing outlook.

Oneok Market Capitalization

The company currently falls under 'Large-Cap' category with total capitalization of 28.31 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Oneok's market, we take the total number of its shares issued and multiply it by Oneok's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and these looking for more risk prefer small-cap and mid-cap equities.

Oneok Profitablity

Oneok's profitability indicators refer to fundamental financial ratios that showcase Oneok's ability to generate income relative to its revenue or operating costs. If, let's say, Oneok is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Oneok's executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of Oneok's profitability requires more research than a typical breakdown of Oneok's financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
The company has Net Profit Margin of 8.01 %, which may imply that it executes well on its competitive polices and has reasonable control over its expenses and variable costs. This is very large. In the same way, it shows Net Operating Margin of 16.96 %, which entails that for every 100 dollars of revenue, it generated 0.17 of operating income.
Last ReportedProjected for 2022
Return on Investment 12.99  13.88 
Return on Average Assets 6.42  6.93 
Return on Average Equity 24.88  25.52 
Return on Invested Capital 0.08  0.08 
Return on Sales 0.24  0.26 

Management Efficiency

The entity has Return on Asset of 6.8 % which means that on every $100 spent on asset, it made $6.8 of profit. This is considered to be average in the sector. In the same way, it shows return on shareholders equity (ROE) of 24.89 %, implying that it generated $24.89 on every 100 dollars invested. Oneok management efficiency ratios could be used to measure how well oneok inc manages its routine affairs as well as how well it operates its assets and liabilities. Oneok Return on Average Assets are projected to slightly grow based on the last few years of reporting. The past year's Return on Average Assets were at 6.42. The current year Return on Average Equity is expected to grow to 25.52, whereas Return on Invested Capital is forecasted to decline to 0.08. Oneok Revenue to Assets are projected to slightly decrease based on the last few years of reporting. The past year's Revenue to Assets were at 0.70. The current year Total Assets Per Share is expected to grow to 64.38, whereas Current Assets are forecasted to decline to about 2.3 B.
Last ReportedProjected for 2022
Book Value per Share 17.31  14.83 
Enterprise Value over EBIT 23.00  23.39 
Enterprise Value over EBITDA 18.92  18.20 
Price to Book Value 5.77  5.93 
Tangible Assets Book Value per Share 45.38  50.06 
Enterprise Value49.6 B53.5 B
Tangible Asset Value24 B21.5 B

Technical Drivers

As of the 16th of August 2022, Oneok holds the Coefficient Of Variation of 2494.65, risk adjusted performance of 0.0543, and Semi Deviation of 2.32. Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Oneok, as well as the relationship between them. Put it differently, you can use this information to find out if the company will indeed mirror its model of past market data, or the prices will eventually revert. We were able to collect data for nineteen technical drivers for Oneok Inc, which can be compared to its competitors. Please check Oneok Inc variance, as well as the relationship between the maximum drawdown and semi variance to decide if Oneok Inc is priced some-what accurately, providing market reflects its current price of 63.3 per share. Given that Oneok has jensen alpha of (0.020179), we recommend you to check out Oneok Inc's recent market performance to make sure the company can sustain itself at a future point.

Oneok Inc Price Movement Analysis

Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. Oneok Inc Triple Exponential Moving Average indicator shows smoothing effect of Oneok price series composite of a single exponential moving average, a double exponential moving average and a triple exponential moving average.
.

Oneok Inc Insider Trading Activities

Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Oneok insiders, such as employees or executives, is commonly permitted as long as it does not rely on Oneok's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Oneok insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.

Oneok Outstanding Bonds

Oneok issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Oneok Inc uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Oneok bonds can be classified according to their maturity, which is the date when Oneok Inc has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.

Oneok Predictive Daily Indicators

Oneok intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Oneok stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.

Oneok Forecast Models

Oneok time-series forecasting models is one of many Oneok's stock analysis techniquest aimed to predict future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Oneok's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

About Oneok Stock Analysis

Stock analysis is the technique used by a trader or investor to examine and evaluate how Oneok prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Oneok shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas, a specific sector, or an individual Stock such as Oneok. By using and applying Oneok Stock analysis, traders can create a robust methodology for identifying Oneok entry and exit points for their positions.
Last ReportedProjected for 2022
Operating Margin 15.69  13.26 
EBITDA Margin 19.45  16.73 
Gross Margin 20.45  17.96 
Profit Margin 9.07  9.78 
ONEOK, Inc., together with its subsidiaries, engages in gathering, processing, storage, and transportation of natural gas in the United States. The company was founded in 1906 and is headquartered in Tulsa, Oklahoma. Oneok operates under Oil Gas Midstream classification in the United States and is traded on New York Stock Exchange. It employs 2847 people.

Current Oneok Analysis - Recommendations

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Oneok analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. Oneok analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.
Target PriceAdvice# of Analysts
68.22Hold9Odds
Oneok Inc current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Oneok analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Oneok stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Oneok Inc, talking to its executives and customers, or listening to Oneok conference calls.
Oneok Analyst Advice Details

Oneok Stock Analysis Indicators

Oneok Inc stock analysis indicators help investors evaluate how Oneok stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading Oneok shares will generate the highest return on investment. By understating and applying Oneok stock analysis, traders can identify Oneok position entry and exit signals to maximize returns.
Quick Ratio0.49
Trailing Annual Dividend Rate3.74
Fifty Two Week Low48.51
Revenue Growth70.40%
Payout Ratio111.31%
Average Daily Volume Last 10 Day2.65M
Shares Short Prior Month6.72M
Average Daily Volume In Three Month2.79M
Earnings Growth1.20%
Shares Percent Shares Out1.79%
Earnings Quarterly Growth1.30%
Gross Margins22.83%
Forward Price Earnings14.66
Short Percent Of Float2.30%
Float Shares443.32M
Fifty Two Week High75.07
Fifty Day Average59.08
Enterprise Value To Ebitda12.72
Two Hundred Day Average62.86
Enterprise Value To Revenue2.16
Trailing Annual Dividend Yield5.81%
Please check Your Equity Center. Note that the Oneok Inc information on this page should be used as a complementary analysis to other Oneok's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.

Complementary Tools for Oneok Stock analysis

When running Oneok Inc price analysis, check to measure Oneok's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Oneok is operating at the current time. Most of Oneok's value examination focuses on studying past and present price action to predict the probability of Oneok's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Oneok's price. Additionally, you may evaluate how the addition of Oneok to your portfolios can decrease your overall portfolio volatility.
Portfolio Backtesting
Avoid under-diversification and over-optimization by backtesting your portfolios
Go
Fundamentals Comparison
Compare fundamentals across multiple equities to find investing opportunities
Go
Portfolio Holdings
Check your current holdings and cash postion to detemine if your portfolio needs rebalancing
Go
Portfolio Anywhere
Track or share privately all of your investments from the convenience of any device
Go
Focused Opportunities
Build portfolios using our predefined set of ideas and optimize them against your investing preferences
Go
Portfolio Center
All portfolio management and optimization tools to improve performance of your portfolios
Go
Earnings Calls
Check upcoming earnings announcements updated hourly across public exchanges
Go
Positions Ratings
Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance
Go
Bollinger Bands
Use Bollinger Bands indicator to analyze target price for a given investing horizon
Go
Portfolio Anywhere
Track or share privately all of your investments from the convenience of any device
Go
Equity Search
Search for actively traded equities including funds and ETFs from over 30 global markets
Go
Price Transformation
Use Price Transformation models to analyze depth of different equity instruments across global markets
Go
Is Oneok's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Oneok. If investors know Oneok will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Oneok listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth YOY
0.2
Market Capitalization
28.8 B
Quarterly Revenue Growth YOY
0.77
Return On Assets
0.069
Return On Equity
0.26
The market value of Oneok Inc is measured differently than its book value, which is the value of Oneok that is recorded on the company's balance sheet. Investors also form their own opinion of Oneok's value that differs from its market value or its book value, called intrinsic value, which is Oneok's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Oneok's market value can be influenced by many factors that don't directly affect Oneok's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Oneok's value and its price as these two are different measures arrived at by different means. Investors typically determine Oneok value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Oneok's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.