Oneok, Inc. (OKE) Valuation

Historical valuation analysis based on 500 data points (2024-08-30 to 2026-08-28)

Oneok is a diversified midstream service provider specializing in natural gas gathering, processing, storage, and transportation, as well as natural gas liquids transportation and fractionation. It...

Oneok, Inc. (OKE) currently trades at a P/E ratio of 17.03 (historical range: 12.02–24.51, median: 16.31), placing it at the 66th percentile — above its historical average, P/S ratio of 1.71 (range: 1.27–3.44, 50th percentile — near its historical average), EV/EBITDA of 64.68 (range: 13.20–74.85, 87th percentile).

Over the historical period (2024-08-30 to 2026-08-28), Oneok, Inc.'s P/E ratio has contracted by 21% over the observed period (from an average of 19.1 to 15.0).

Oneok, Inc. appears slightly overvalued relative to its historical range, with most valuation metrics above their median levels.

Historical Valuation Metrics

MetricCurrentMinMedianMaxPercentileAssessment
P/E Ratio17.0312.0216.3124.5166thabove its historical average
P/S Ratio1.711.271.713.4450thnear its historical average
EV/EBITDA64.6813.2028.3374.8587thexpensive relative to its history
FCF Yield0.000.000.020.061thexpensive relative to its history
Current Price: $94.76
Market Cap: $59.7B
Sector: Energy