Oneok
OKE
#433
Rank
C$77.35 B
Marketcap
C$122.78
Share price
-2.27%
Change (1 day)
12.55%
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 May 2026 (TTM): 16.7

According to Oneok's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 16.738. 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
21.1 26.17%๐Ÿ‡บ๐Ÿ‡ธ USA
Sempra
SRE
34.4 105.45%๐Ÿ‡บ๐Ÿ‡ธ USA
Western Midstream
WES
14.1-15.88%๐Ÿ‡บ๐Ÿ‡ธ USA
UGI Corporation
UGI
12.6-24.90%๐Ÿ‡บ๐Ÿ‡ธ USA
Southwest Gas
SWX
14.2-15.27%๐Ÿ‡บ๐Ÿ‡ธ USA
Sea Limited
SE
36.3 116.66%๐Ÿ‡ธ๐Ÿ‡ฌ Singapore
National Fuel Gas
NFG
11.6-30.93%๐Ÿ‡บ๐Ÿ‡ธ USA
EQT Corporation
EQT
17.6 5.42%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.