ONEOK(US:OKE) ZACKSยท2025-06-26 23:16Company Performance - Oneok Inc. (OKE) closed at $81.32, reflecting a +1.41% change from the previous day's closing price, outperforming the S&P 500's daily gain of 0.8% [1] - Over the last month, Oneok's shares decreased by 0.5%, lagging behind the Oils-Energy sector's gain of 3.8% and the S&P 500's gain of 5.12% [1] Earnings Projections - Oneok Inc. is expected to report earnings of $1.31 per share, indicating a year-over-year decline of 1.5%, while net sales are projected at $6.78 billion, up 38.46% from the previous year [2] - For the full year, earnings are projected at $5.23 per share and revenue at $28.92 billion, reflecting changes of +1.16% and +33.3% respectively from the prior year [3] Analyst Estimates and Valuation - Recent changes to analyst estimates for Oneok Inc. can indicate shifts in near-term business trends, with positive revisions suggesting confidence in performance and profit potential [3] - Oneok Inc. currently has a Forward P/E ratio of 15.32, which is a premium compared to the industry average Forward P/E of 12.29 [6] - The company has a PEG ratio of 1.62, compared to the industry average PEG ratio of 1.12 [7] Industry Context - The Oil and Gas - Production Pipeline - MLB industry, part of the Oils-Energy sector, has a Zacks Industry Rank of 195, placing it in the bottom 21% of over 250 industries [8] - The Zacks Industry Rank assesses the strength of industry groups based on the average Zacks Rank of individual stocks, with the top 50% rated industries outperforming the bottom half by a factor of 2 to 1 [8]