Is the price fair?
What OKE's price assumes
Oneok trades at 16.4× earnings against 18.3× for the median Oil & Gas Midstream name, cheaper than its own group.
16.4
Trailing P/E · Oil & Gas Midstream median 18.3 · cheaper than the typical name in its group
- Price / sales
- 1.60
Price / sales · as of 2026-Q1
- Free cash flow yield
- 5.4%
Free cash flow yield · Oil & Gas Midstream median 5.4%
- Growth the price implies
- +4.6%
Growth the price implies · The price pays for +4.6% free cash flow growth a year for a decade; the business has delivered +6.4% a year over the last three.
Details›
- Price / book2026-Q1
- 2.52
- EV / EBIT2026-Q1
- 14.8
- EV / sales2026-Q1
- 2.51
- Energy median P/E127 names
- 16.4
- Oil & Gas Midstream median P/E28 names
- 18.3
- Free cash flow, trailing twelve months
- $2.91B
- Market capitalisation
- $53.6B
- 3-year revenue growth
- +27%
- 3-year free cash flow growth
- +6.4%
| Method | Per share |
|---|---|
| Its own P/E history, lower quartile | $79.63 |
| Its own P/E history, median | $86.62 |
| Its own P/E history, upper quartile | $99.91 |
| 52-week range | $62.69 – $97.11 |
| Today | $94.91 |
Multiples from SEC filings and end-of-day closes; implied growth from a reverse discounted cash flow. Group medians across the names Ryufin tracks.
Oil & Gas Midstream
Ranks #9 of 27 by Smart Score