Financials Oneok, Inc..

Equities

OKE

US6826801036

Oil & Gas Transportation Services

Market Closed - Nyse 21:00:03 12/07/2024 BST 5-day change 1st Jan Change
84.66 USD +2.12% Intraday chart for Oneok, Inc.. +2.93% +20.56%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 31,258 17,056 26,203 29,365 40,907 49,412 - -
Enterprise Value (EV) 1 43,971 30,768 39,700 42,765 62,236 71,157 70,254 69,309
P/E ratio 24.6 x 27 x 17.5 x 17.1 x 12.8 x 17 x 15.4 x 14.3 x
Yield 4.66% 9.74% 6.36% 5.69% 5.44% 4.7% 4.87% 5.08%
Capitalization / Revenue 3.08 x 2 x 1.58 x 1.31 x 2.31 x 2.16 x 1.99 x 1.87 x
EV / Revenue 4.33 x 3.6 x 2.4 x 1.91 x 3.52 x 3.11 x 2.84 x 2.63 x
EV / EBITDA 17 x 11.3 x 11.7 x 11.8 x 11.9 x 11.5 x 10.6 x 10 x
EV / FCF -23.1 x -104 x 21.5 x 25.1 x 22 x 24.2 x 18.4 x 16 x
FCF Yield -4.32% -0.96% 4.66% 3.98% 4.54% 4.12% 5.44% 6.25%
Price to Book 5.02 x 2.83 x 4.36 x 4.52 x 2.48 x 2.93 x 2.83 x 2.72 x
Nbr of stocks (in thousands) 413,085 444,397 445,937 446,954 582,551 583,647 - -
Reference price 2 75.67 38.38 58.76 65.70 70.22 84.66 84.66 84.66
Announcement Date 24/02/20 22/02/21 28/02/22 27/02/23 26/02/24 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 10,164 8,542 16,540 22,387 17,677 22,868 24,774 26,388
EBITDA 1 2,580 2,724 3,380 3,620 5,243 6,199 6,611 6,897
EBIT 1 1,914 1,361 2,596 2,807 4,072 4,861 4,998 5,123
Operating Margin 18.83% 15.94% 15.7% 12.54% 23.04% 21.26% 20.17% 19.41%
Earnings before Tax (EBT) 1 1,651 802.3 1,984 2,250 3,497 3,896 4,153 4,324
Net income 1 1,277 611.7 1,500 1,721 2,658 2,915 3,157 3,330
Net margin 12.57% 7.16% 9.07% 7.69% 15.04% 12.75% 12.74% 12.62%
EPS 2 3.070 1.420 3.350 3.840 5.480 4.980 5.498 5.904
Free Cash Flow 1 -1,902 -296.3 1,849 1,703 2,825 2,935 3,825 4,331
FCF margin -18.71% -3.47% 11.18% 7.61% 15.98% 12.83% 15.44% 16.41%
FCF Conversion (EBITDA) - - 54.72% 47.04% 53.88% 47.34% 57.85% 62.8%
FCF Conversion (Net income) - - 123.32% 98.94% 106.28% 100.68% 121.16% 130.07%
Dividend per Share 2 3.530 3.740 3.740 3.740 3.820 3.982 4.125 4.300
Announcement Date 24/02/20 22/02/21 28/02/22 27/02/23 26/02/24 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4 2025 Q1 2025 Q2
Net sales 1 5,420 5,445 5,997 5,914 5,032 4,521 3,732 4,189 5,235 4,781 5,987 6,248 6,737 6,462 6,080
EBITDA 1 846.6 863.9 886 902.4 967.4 1,717 971 1,001 1,514 1,440 1,508 1,578 1,641 1,595 1,607
EBIT 1 652.2 662.5 689 699.2 756.8 1,497 737 739 1,099 1,064 1,152 1,214 1,282 1,226 1,183
Operating Margin 12.03% 12.17% 11.49% 11.82% 15.04% 33.11% 19.75% 17.64% 20.99% 22.25% 19.25% 19.42% 19.03% 18.97% 19.46%
Earnings before Tax (EBT) 1 509.8 513.6 545.1 563.9 627.1 1,379 613 595 910 847 925.6 1,008 1,084 1,022 998.8
Net income 1 379.4 390.9 414.1 431.5 484.6 1,049 468 453 688 639 704.1 754.2 815.9 769.8 735.6
Net margin 7% 7.18% 6.91% 7.3% 9.63% 23.2% 12.54% 10.81% 13.14% 13.37% 11.76% 12.07% 12.11% 11.91% 12.1%
EPS 2 0.8500 0.8700 0.9200 0.9600 1.080 2.340 1.040 0.9900 1.180 1.090 1.197 1.295 1.406 1.420 1.373
Dividend per Share 2 0.9350 0.9350 0.9350 0.9350 0.9350 0.9550 0.9550 0.9550 0.9550 0.9900 0.9900 0.9900 1.012 1.023 1.022
Announcement Date 28/02/22 03/05/22 08/08/22 01/11/22 27/02/23 02/05/23 07/08/23 31/10/23 26/02/24 30/04/24 - - - - -
1USD in Million2USD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 12,713 13,712 13,497 13,401 21,329 21,746 20,843 19,898
Net Cash position 1 - - - - - - - -
Leverage (Debt/EBITDA) 4.927 x 5.034 x 3.994 x 3.702 x 4.068 x 3.508 x 3.153 x 2.885 x
Free Cash Flow 1 -1,902 -296 1,849 1,703 2,825 2,935 3,825 4,331
ROE (net income / shareholders' equity) 20% 9.99% 24.9% 27.5% 23.1% 17.7% 19.1% 19.6%
ROA (Net income/ Total Assets) 6.38% 2.73% 6.42% 7.18% 7.74% 6.7% 7% 7.4%
Assets 1 20,022 22,405 23,367 23,986 34,322 43,505 45,098 44,999
Book Value Per Share 2 15.10 13.60 13.50 14.50 28.30 28.90 29.90 31.10
Cash Flow per Share 2 4.690 4.400 5.690 6.480 9.110 7.710 9.050 9.360
Capex 1 3,848 2,195 697 1,202 1,595 1,854 1,658 1,573
Capex / Sales 37.86% 25.7% 4.21% 5.37% 9.02% 8.11% 6.69% 5.96%
Announcement Date 24/02/20 22/02/21 28/02/22 27/02/23 26/02/24 - - -
1USD in Million2USD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
B
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
20
Last Close Price
82.9 USD
Average target price
84.73 USD
Spread / Average Target
+2.21%
Consensus
  1. Stock Market
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  4. Financials Oneok, Inc..