Oneok Inc. (OKE) closed the most recent trading day at $83.47, moving +2.03% from the previous trading session. The stock outpaced the S&P 500's daily loss of 0.3%. Meanwhile, the Dow lost 0.46%, and the Nasdaq, a tech-heavy index, lost 0.38%.
Coming into today, shares of the natural gas company had gained 0.22% in the past month. In that same time, the Oils-Energy sector gained 3.2%, while the S&P 500 gained 3.64%.
Investors will be eagerly watching for the performance of Oneok Inc. in its upcoming earnings disclosure. The company's earnings report is set to be unveiled on August 4, 2025. On that day, Oneok Inc. is projected to report earnings of $1.35 per share, which would represent year-over-year growth of 1.5%. In the meantime, our current consensus estimate forecasts the revenue to be $8.56 billion, indicating a 75% growth compared to the corresponding quarter of the prior year.
For the full year, the Zacks Consensus Estimates are projecting earnings of $5.49 per share and revenue of $34.86 billion, which would represent changes of +6.19% and +60.64%, respectively, from the prior year.
Investors should also note any recent changes to analyst estimates for Oneok Inc. Recent revisions tend to reflect the latest near-term business trends. Therefore, positive revisions in estimates convey analysts' confidence in the business performance and profit potential.
Our research suggests that these changes in estimates have a direct relationship with upcoming stock price performance. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.
The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. The Zacks Consensus EPS estimate has moved 1.55% higher within the past month. Oneok Inc. is holding a Zacks Rank of #3 (Hold) right now.
In terms of valuation, Oneok Inc. is presently being traded at a Forward P/E ratio of 14.91. This denotes a premium relative to the industry average Forward P/E of 12.58.
Also, we should mention that OKE has a PEG ratio of 1.94. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. As of the close of trade yesterday, the Oil and Gas – Production Pipeline – MLB industry held an average PEG ratio of 1.4.
The Oil and Gas – Production Pipeline – MLB industry is part of the Oils-Energy sector. This industry, currently bearing a Zacks Industry Rank of 219, finds itself in the bottom 12% echelons of all 250+ industries.
