OKEOneok

Energy

$89.79+27% 1Y

$89.79

$62.6952 weeks$97.50

Is it safe?

Mixed

Solid, nothing alarming. Balance sheet to watch, some accounting flags, quality moderate.

5 neutral, 1 without data

SurvivalGrey zone

Mixed, watch the balance sheet Altman Z-score, a bankruptcy-risk model from five balance-sheet ratios.

Honest booksGrey zone

Some accounting flags, worth a closer look Beneish M-score, a forensic model that detects earnings-manipulation patterns (receivables outrunning sales, margins slipping, accrual-heavy profit).

Quality6 / 9

Mixed fundamental signals Piotroski F-score, nine pass/fail tests of year-over-year financial health across profitability, balance sheet and efficiency. 7 to 9 is strong, 0 to 3 weak.

Credit gradeBBBderived · Jun 30, 2026

Investment-grade balance sheet. A rule of thumb on leverage, not a credit rating.

Drawdown risk29% volderived · Oct 9, 2026

Moderate price swings, typical volatility. Worst drawdown -80% · now 8% below its 52-week high.

Unless marked, from SEC EDGAR, as of Dec 31, 2025.

Against the whole market›

Percentile against every name Ryufin tracks. Higher is better; the tick marks the middle of the market. Context, not one of the checks above.

Volatilitybetter than 77% of the market

Max drawdownbehind 75% of the market

Where this answer is blind. Altman sits structurally low for utilities and pipelines; Beneish runs high for fast growers, since sales growth alone lifts it; banks and REITs are excluded.

Can OKE take a bad year?

Oneok carries $32.9B of net debt at 4.30× EBITDA: a heavy load to carry through a bad year.

$32.9B

Net debt · as at Q2 2026 · over four years of earnings before interest, tax and depreciation, heavy

Net debt / EBITDA: 4.30×
Net debt / EBITDA · 4.82× a year ago · the load is coming down
Altman Z-score: 1.55
Altman Z-score · distress zone, below 1.8
Interest cover: 3.44×
Interest cover · operating profit covers the interest bill, with room to spare