Oneok Inc Stock Performance
| OKE Stock | USD 110.44 3.16 2.78% |
On a scale of 0 to 100, ONEOK holds a performance score of 17. The company holds a Beta of 0.56, which implies possible diversification benefits within a given portfolio. As returns on the market increase, ONEOK's returns are expected to increase less than the market. However, during the bear market, the loss of holding ONEOK is expected to be smaller as well. Please check ONEOK's jensen alpha, semi variance, day typical price, as well as the relationship between the maximum drawdown and accumulation distribution , to make a quick decision on whether ONEOK's historical price patterns will revert.
Risk-Adjusted Performance
17 of 100
Weak | Strong |
Solid
Compared to the overall equity markets, risk-adjusted returns on investments in ONEOK Inc are ranked lower than 17 (%) of all global equities and portfolios over the last 90 days. In spite of rather unsteady forward-looking signals, ONEOK exhibited solid returns over the last few months and may actually be approaching a breakup point. ...more
Actual Historical Performance (%)
One Day Return 0.9 | Five Day Return 0.9 | Year To Date Return 59.95 | Ten Year Return 116.42 | All Time Return 7.4 K |
Forward Dividend Yield 0.0349 | Payout Ratio 0.8285 | Last Split Factor 11422:1000 | Forward Dividend Rate 3.96 | Dividend Date 2024-11-14 |
1 | Disposition of 3379 shares by Pattye Moore of ONEOK at 92.01 subject to Rule 16b-3 | 09/13/2024 |
2 | Acquisition by Lyndon Taylor of tradable shares of ONEOK at 95.27 subject to Rule 16b-3 | 09/23/2024 |
3 | Acquisition by Kevin Burdick of tradable shares of ONEOK at 95.27 subject to Rule 16b-3 | 09/25/2024 |
4 | ONEOK to Release Q3 Earnings Heres What You Need to Know | 10/25/2024 |
5 | ONEOK Releases FY 2024 Earnings Guidance | 11/01/2024 |
6 | Acquisition by Hoskin James R of tradable shares of ONEOK at 104.14 subject to Rule 16b-3 | 11/12/2024 |
| ONEOK dividend paid on 14th of November 2024 | 11/14/2024 |
7 | ONEOK Seems To Use Debt Quite Sensibly | 11/19/2024 |
8 | U.S. Midstream Mergers Continue With 1.2 Billion Natural Gas Pipelines Deal | 11/20/2024 |
9 | Intech Investment Management LLC Reduces Stake in ONEOK, Inc. | 11/22/2024 |
10 | ONEOK Announces Deal to Acquire Remaining EnLink Stock for 4.3B | 11/25/2024 |
11 | ONEOK, Inc. Announces Merger Agreement with EnLink Midstream, LLC | 11/26/2024 |
| Begin Period Cash Flow | 220 M |
ONEOK |
ONEOK Relative Risk vs. Return Landscape
If you would invest 9,130 in ONEOK Inc on September 3, 2024 and sell it today you would earn a total of 2,230 from holding ONEOK Inc or generate 24.42% return on investment over 90 days. ONEOK Inc is generating 0.3555% of daily returns assuming volatility of 1.6443% on return distribution over 90 days investment horizon. In other words, 14% of stocks are less volatile than ONEOK, and above 93% of all equities are expected to generate higher returns over the next 90 days. Expected Return |
| Risk |
ONEOK Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for ONEOK's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as ONEOK Inc, and traders can use it to determine the average amount a ONEOK's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.2162
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Estimated Market Risk
| 1.64 actual daily | 14 86% of assets are more volatile |
Expected Return
| 0.36 actual daily | 7 93% of assets have higher returns |
Risk-Adjusted Return
| 0.22 actual daily | 17 83% of assets perform better |
Based on monthly moving average ONEOK is performing at about 17% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of ONEOK by adding it to a well-diversified portfolio.
ONEOK Fundamentals Growth
ONEOK Stock prices reflect investors' perceptions of the future prospects and financial health of ONEOK, and ONEOK fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on ONEOK Stock performance.
| Return On Equity | 0.17 | |||
| Return On Asset | 0.06 | |||
| Profit Margin | 0.14 % | |||
| Operating Margin | 0.23 % | |||
| Current Valuation | 93.93 B | |||
| Shares Outstanding | 584.25 M | |||
| Price To Earning | 25.37 X | |||
| Price To Book | 3.93 X | |||
| Price To Sales | 3.33 X | |||
| Revenue | 17.68 B | |||
| Gross Profit | 4.48 B | |||
| EBITDA | 5.11 B | |||
| Net Income | 2.66 B | |||
| Cash And Equivalents | 220.23 M | |||
| Cash Per Share | 0.36 X | |||
| Total Debt | 21.76 B | |||
| Debt To Equity | 2.27 % | |||
| Current Ratio | 0.83 X | |||
| Book Value Per Share | 28.91 X | |||
| Cash Flow From Operations | 4.42 B | |||
| Earnings Per Share | 4.71 X | |||
| Market Capitalization | 66.37 B | |||
| Total Asset | 44.27 B | |||
| Retained Earnings | 868 M | |||
| Working Capital | (344 M) | |||
| Current Asset | 975.21 M | |||
| Current Liabilities | 1.64 B | |||
About ONEOK Performance
By analyzing ONEOK's fundamental ratios, stakeholders can gain valuable insights into ONEOK's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if ONEOK has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if ONEOK has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 22.62 | 32.99 | |
| Return On Tangible Assets | 0.07 | 0.07 | |
| Return On Capital Employed | 0.10 | 0.08 | |
| Return On Assets | 0.06 | 0.06 | |
| Return On Equity | 0.16 | 0.18 |
Things to note about ONEOK Inc performance evaluation
Checking the ongoing alerts about ONEOK for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for ONEOK Inc help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| ONEOK Inc has 21.76 B in debt with debt to equity (D/E) ratio of 2.27, meaning that the company heavily relies on borrowing funds for operations. ONEOK Inc has a current ratio of 0.81, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Note however, debt could still be an excellent tool for ONEOK to invest in growth at high rates of return. | |
| About 72.0% of ONEOK shares are owned by institutional investors | |
| On 14th of November 2024 ONEOK paid $ 0.99 per share dividend to its current shareholders | |
| Latest headline from gurufocus.com: ONEOK, Inc. Announces Merger Agreement with EnLink Midstream, LLC |
- Analyzing ONEOK's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether ONEOK's stock is overvalued or undervalued compared to its peers.
- Examining ONEOK's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating ONEOK's management team can have a significant impact on its success or failure. Reviewing the track record and experience of ONEOK's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of ONEOK's stock. These opinions can provide insight into ONEOK's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for ONEOK Stock analysis
When running ONEOK's price analysis, check to measure ONEOK's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy ONEOK is operating at the current time. Most of ONEOK's value examination focuses on studying past and present price action to predict the probability of ONEOK's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ONEOK's price. Additionally, you may evaluate how the addition of ONEOK to your portfolios can decrease your overall portfolio volatility.
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