Stocktoria
ONEOK INC /NEW/ OKE
ONEOK INC /NEW/ (OKE) earns a Piotroski F-score of 6/9 (mixed financial health), with an Altman Z″ in the distress zone. It pays a dividend yielding 4.60% (safety: stretched). FY2025 revenue was $33.6B at a 10.1% net margin.
Quality score trend · recomputed for each fiscal year
Each year's score is computed from that year's filing — a rising Piotroski F or Altman Z″ means improving financial health, a fall is worth a look.
Beneish M-score: -2.18 — grey zone (between the usual thresholds). A statistical screen for earnings manipulation, not proof — and it doesn't apply to most banks/insurers.
Analyst price target
Recent analyst actions
| Date | Firm | Rating |
|---|---|---|
| 2026-07-29 | Morgan Stanley | Equal-Weight (down) |
| 2026-07-21 | RBC Capital | Sector Perform (main) |
| 2026-07-17 | Jefferies | Hold (down) |
| 2026-07-16 | TD Cowen | Hold (main) |
| 2026-07-08 | Barclays | Equal-Weight (main) |
| 2026-05-08 | JP Morgan | Neutral (main) |
Wall Street analyst consensus — a sentiment gauge, not our scoring.
Forward estimates · earnings calendar →
Consensus analyst estimates and scheduled dates — forward-looking, may change.
How it ranks in Transportation & Utilities · percentile among 348 companies
Percentile vs other Transportation & Utilities companies we cover — e.g. “stronger than 90%” means only 10% score higher on that measure.
Piotroski F breakdown · 6/9 tests passed
- Positive return on assets
- Positive operating cash flow
- Rising ROA
- Cash flow exceeds net income
- Lower long-term debt
- Rising current ratio
- No share dilution
- Rising gross margin
- Rising asset turnover
Altman Z″ components · distress zone
| Component | Value |
|---|---|
| Working capital / assets | -0.028 |
| Retained earnings / assets | 0.036 |
| EBIT / assets | 0.086 |
| Equity / liabilities | 0.512 |
Sector peers · similar-size Transportation & Utilities companies compare side by side →
| Ticker | Company | Piotroski F | Altman Z″ | P / E | Revenue growth |
|---|---|---|---|---|---|
| OKE | ONEOK INC /NEW/ | 6/9 | 1.05 | 16.6 | +55% |
| CTRI | Centuri Holdings, Inc. | 6/9 | 1.73 | 138.1 | +13.1% |
| CPK | CHESAPEAKE UTILITIES CORP | 5/9 | 1.16 | 21.5 | +18.1% |
| RGCO | RGC RESOURCES INC | 6/9 | 1.06 | 18.5 | +12.6% |
| NEXT | NextDecade Corp | 1/9 | -0.41 | — | — |
| NPPXF | NIPPON TELEGRAPH & TELEPHONE CORP | 6/9 | 2.95 | — | -1.3% |
| VZ | VERIZON COMMUNICATIONS INC | 4/9 | 1.53 | 11.4 | +2.5% |
All Transportation & Utilities companies →
About ONEOK INC /NEW/
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.
FAQ
Is OKE financially healthy?
ONEOK INC /NEW/'s Piotroski F-score is 6/9 (8–9 is excellent, 0–3 weak), and its Altman Z″ distress score is in the distress zone.
Does OKE pay a dividend, and is it safe?
Yes. ONEOK INC /NEW/ pays a dividend yielding about 4.60% with a 76.1% payout ratio, rated “stretched” for safety.
How profitable is OKE?
In FY2025, ONEOK INC /NEW/ had a net margin of 10.1% and a return on equity of 15.0%.
Is OKE overvalued or undervalued?
ONEOK INC /NEW/ trades at about 17.1× trailing earnings — below its 10-year norm (10-year range 12.5×–66.4×, median 23.1×). Stocktoria reports the data, not buy/sell advice.
What is the analyst price target for OKE?
The average Wall-Street price target for ONEOK INC /NEW/ is $96.29, about 4.1% above the recent price, from 21 analysts (consensus: buy).
Is OKE a good stock to buy?
Stocktoria doesn't give buy or sell advice, but here is the data on ONEOK INC /NEW/: a Piotroski F-score of 6/9, an Altman Z″ in the distress zone, a P/E of about 16.6×, a dividend yield of 4.60%. Weigh these quality and valuation signals against your own goals.
Computed from company filings · US · as of 2025-12-31. Facts plus Stocktoria's own computed scores — not investment advice.