Oneok
OKE
#435
Rank
$53.82 B
Marketcap
$85.46
Share price
0.92%
Change (1 day)
-4.14%
Change (1 year)
Oneok is an American pipeline operator that operates in the midstream business - the long-distance transport and processing of gas products.

P/E ratio for Oneok (OKE)

P/E ratio as of March 2026 (TTM): 15.6

According to Oneok's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 15.5743. At the end of 2024 the company had a P/E ratio of 18.7.

P/E ratio history for Oneok from 2001 to 2025

PE ratio at the end of each year

Year P/E ratio Change
202418.7
201619.973.85%
201511.5-32.59%
201417.0-18.59%
201320.9103.03%
201210.3

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
Atmos Energy
ATO
20.4 31.28%๐Ÿ‡บ๐Ÿ‡ธ USA
Sempra
SRE
28.3 81.83%๐Ÿ‡บ๐Ÿ‡ธ USA
Western Midstream
WES
11.8-24.04%๐Ÿ‡บ๐Ÿ‡ธ USA
UGI Corporation
UGI
11.5-26.33%๐Ÿ‡บ๐Ÿ‡ธ USA
Southwest Gas
SWX
13.5-13.59%๐Ÿ‡บ๐Ÿ‡ธ USA
Sea Limited
SE
44.7 186.99%๐Ÿ‡ธ๐Ÿ‡ฌ Singapore
National Fuel Gas
NFG
12.7-18.72%๐Ÿ‡บ๐Ÿ‡ธ USA
EQT Corporation
EQT
21.1 35.43%๐Ÿ‡บ๐Ÿ‡ธ USA

How to read a P/E ratio?

The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.

Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.