Oneok Inc. (OKE) Stock Drops Despite Market Gains: Important Facts to Note
ONEOKONEOK(US:OKE) ZACKS·2025-09-19 23:16

Company Performance - Oneok Inc. (OKE) shares decreased by 2.76% to $71.55, underperforming the S&P 500's daily gain of 0.49% [1] - Over the past month, Oneok's shares have depreciated by 0.59%, while the Oils-Energy sector gained 3.95% and the S&P 500 gained 2.99% [1] Upcoming Earnings - Oneok is expected to report an EPS of $1.48, representing a 25.42% increase compared to the same quarter last year [2] - Revenue is forecasted to be $9.31 billion, indicating an 85.4% growth year-over-year [2] Full Year Estimates - For the full year, analysts expect earnings of $5.44 per share and revenue of $35.71 billion, reflecting changes of +5.22% and +64.58% respectively from the previous year [3] Analyst Estimates - Recent changes to analyst estimates for Oneok suggest positive short-term business trends, which are generally interpreted as favorable for the business outlook [4] Zacks Rank and Valuation - Oneok currently holds a Zacks Rank of 3 (Hold), with the Zacks Consensus EPS estimate moving 0.99% lower over the past month [6] - The company is trading at a Forward P/E ratio of 13.52, which is a premium compared to the industry average of 12.19 [7] PEG Ratio - Oneok has a PEG ratio of 1.81, compared to the industry average PEG ratio of 1.42 [8] Industry Ranking - The Oil and Gas - Production Pipeline - MLB industry ranks in the top 42% of all industries, with a current Zacks Industry Rank of 102 [9]