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Oneok Inc. (OKE) Gains As Market Dips: What You Should Know
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In the latest close session, Oneok Inc. (OKE - Free Report) was up +2.54% at $90.29. The stock outperformed the S&P 500, which registered a daily loss of 0.47%. Meanwhile, the Dow gained 0.1%, and the Nasdaq, a tech-heavy index, lost 1.25%.
The natural gas company's shares have seen a decrease of 8.11% over the last month, not keeping up with the Oils-Energy sector's gain of 1.58% and the S&P 500's gain of 1.15%.
The upcoming earnings release of Oneok Inc. will be of great interest to investors. The company's earnings report is expected on October 27, 2026. The company is expected to report EPS of $1.46, down 2.01% from the prior-year quarter. Simultaneously, our latest consensus estimate expects the revenue to be $11.77 billion, showing a 36.34% escalation compared to the year-ago quarter.
For the full year, the Zacks Consensus Estimates are projecting earnings of $5.69 per share and revenue of $43.83 billion, which would represent changes of +4.98% and +30.34%, respectively, from the prior year.
Any recent changes to analyst estimates for Oneok Inc. should also be noted by investors. These revisions help to show the ever-changing nature of near-term business trends. As a result, upbeat changes in estimates indicate analysts' favorable outlook on the business health and profitability.
Our research suggests that these changes in estimates have a direct relationship with upcoming stock price performance. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.
The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. The Zacks Consensus EPS estimate has moved 1.26% lower within the past month. As of now, Oneok Inc. holds a Zacks Rank of #3 (Hold).
Digging into valuation, Oneok Inc. currently has a Forward P/E ratio of 15.48. This valuation marks a premium compared to its industry average Forward P/E of 14.21.
It's also important to note that OKE currently trades at a PEG ratio of 2.52. Comparable to the widely accepted P/E ratio, the PEG ratio also accounts for the company's projected earnings growth. The Oil and Gas - Production Pipeline - MLB was holding an average PEG ratio of 2.52 at yesterday's closing price.
The Oil and Gas - Production Pipeline - MLB industry is part of the Oils-Energy sector. At present, this industry carries a Zacks Industry Rank of 34, placing it within the top 14% of over 250 industries.
The strength of our individual industry groups is measured by the Zacks Industry Rank, which is calculated based on the average Zacks Rank of the individual stocks within these groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com.
View the Zacks #1 Rank List
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Oneok Inc. (OKE) Gains As Market Dips: What You Should Know
In the latest close session, Oneok Inc. (OKE - Free Report) was up +2.54% at $90.29. The stock outperformed the S&P 500, which registered a daily loss of 0.47%. Meanwhile, the Dow gained 0.1%, and the Nasdaq, a tech-heavy index, lost 1.25%.
The natural gas company's shares have seen a decrease of 8.11% over the last month, not keeping up with the Oils-Energy sector's gain of 1.58% and the S&P 500's gain of 1.15%.
The upcoming earnings release of Oneok Inc. will be of great interest to investors. The company's earnings report is expected on October 27, 2026. The company is expected to report EPS of $1.46, down 2.01% from the prior-year quarter. Simultaneously, our latest consensus estimate expects the revenue to be $11.77 billion, showing a 36.34% escalation compared to the year-ago quarter.
For the full year, the Zacks Consensus Estimates are projecting earnings of $5.69 per share and revenue of $43.83 billion, which would represent changes of +4.98% and +30.34%, respectively, from the prior year.
Any recent changes to analyst estimates for Oneok Inc. should also be noted by investors. These revisions help to show the ever-changing nature of near-term business trends. As a result, upbeat changes in estimates indicate analysts' favorable outlook on the business health and profitability.
Our research suggests that these changes in estimates have a direct relationship with upcoming stock price performance. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.
The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. The Zacks Consensus EPS estimate has moved 1.26% lower within the past month. As of now, Oneok Inc. holds a Zacks Rank of #3 (Hold).
Digging into valuation, Oneok Inc. currently has a Forward P/E ratio of 15.48. This valuation marks a premium compared to its industry average Forward P/E of 14.21.
It's also important to note that OKE currently trades at a PEG ratio of 2.52. Comparable to the widely accepted P/E ratio, the PEG ratio also accounts for the company's projected earnings growth. The Oil and Gas - Production Pipeline - MLB was holding an average PEG ratio of 2.52 at yesterday's closing price.
The Oil and Gas - Production Pipeline - MLB industry is part of the Oils-Energy sector. At present, this industry carries a Zacks Industry Rank of 34, placing it within the top 14% of over 250 industries.
The strength of our individual industry groups is measured by the Zacks Industry Rank, which is calculated based on the average Zacks Rank of the individual stocks within these groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com.