ONEOK Market Capitalization from 2010 to 2024

OKE Stock  USD 113.60  1.01  0.90%   
ONEOK's Market Cap is increasing over the years with slightly volatile fluctuation. Overall, Market Cap is expected to go to about 15.6 B this year.
Check ONEOK financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among ONEOK's main balance sheet or income statement drivers, such as Interest Expense of 909.3 M, Total Revenue of 18.6 B or Gross Profit of 5.2 B, as well as many indicators such as Price To Sales Ratio of 2.02, Dividend Yield of 0.0402 or PTB Ratio of 1.96. ONEOK financial statements analysis is a perfect complement when working with ONEOK Valuation or Volatility modules.
  
Check out the analysis of ONEOK Correlation against competitors.

Latest ONEOK's Market Capitalization Growth Pattern

Below is the plot of the Market Cap of ONEOK Inc over the last few years. It is ONEOK's Market Cap historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in ONEOK's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 66.37 B10 Years Trend
Slightly volatile
   Market Cap   
       Timeline  

ONEOK Market Capitalization Regression Statistics

Arithmetic Mean14,728,768,864
Geometric Mean12,268,092,924
Coefficient Of Variation30.74
Mean Deviation2,807,591,057
Median16,545,809,900
Standard Deviation4,526,934,580
Sample Variance20493136.7T
Range16.1B
R-Value0.52
Mean Square Error16056967.6T
R-Squared0.27
Significance0.05
Slope528,350,990
Total Sum of Squares286903913.7T

ONEOK Market Capitalization History

202415.6 B
202314.9 B
201216.5 B
20117.9 B
2010456 M

About ONEOK Financial Statements

ONEOK stakeholders use historical fundamental indicators, such as ONEOK's Market Capitalization, to determine how well the company is positioned to perform in the future. Although ONEOK investors may analyze each financial statement separately, they are all interrelated. For example, changes in ONEOK's assets and liabilities are reflected in the revenues and expenses on ONEOK's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in ONEOK Inc. Please read more on our technical analysis and fundamental analysis pages.
ONEOK, Inc., together with its subsidiaries, engages in gathering, processing, storage, and transportation of natural gas in the United States. The company was founded in 1906 and is headquartered in Tulsa, Oklahoma. Oneok operates under Oil Gas Midstream classification in the United States and is traded on New York Stock Exchange. It employs 2847 people.

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether ONEOK Inc is a strong investment it is important to analyze ONEOK's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact ONEOK's future performance. For an informed investment choice regarding ONEOK Stock, refer to the following important reports:
Check out the analysis of ONEOK Correlation against competitors.
You can also try the Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.
Is Oil & Gas Storage & Transportation space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of ONEOK. If investors know ONEOK will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about ONEOK listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.192
Dividend Share
3.96
Earnings Share
4.71
Revenue Per Share
34.116
Quarterly Revenue Growth
0.199
The market value of ONEOK Inc is measured differently than its book value, which is the value of ONEOK that is recorded on the company's balance sheet. Investors also form their own opinion of ONEOK's value that differs from its market value or its book value, called intrinsic value, which is ONEOK's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because ONEOK's market value can be influenced by many factors that don't directly affect ONEOK's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between ONEOK's value and its price as these two are different measures arrived at by different means. Investors typically determine if ONEOK is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ONEOK's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.