Valuation Oneok, Inc.

Equities

Real-time Estimate Cboe BZX Other stock markets 16:51:04 10/04/2026 BST			5-day change	1st Jan Change
86.70 ^USD	+0.61%		-2.55%	+17.34%

04-08	Jefferies Adjusts Price Target on ONEOK to $100 From $98, Maintains Buy Rating	MT
04-08	JPMorgan Adjusts Price Target on ONEOK to $91 From $85, Maintains Neutral Rating	MT

Data adjusted to current consolidation scope

Fiscal Period: December	2021	2022	2023	2024	2025	2026	2027	2028
Capitalization ¹	26,203	29,365	40,907	58,659	46,249	54,296	-	-
Change	-	12.07%	39.3%	43.4%	-21.16%	17.4%	-	-
Enterprise Value (EV) ¹	39,700	42,765	62,236	90,003	78,987	86,469	86,007	84,933
Change	-	7.72%	45.53%	44.62%	-12.24%	9.47%	-0.53%	-1.25%
P/E ratio	17.5x	17.1x	12.8x	19.4x	13.6x	15.2x	14x	12.7x
PBR	4.36x	4.52x	2.48x	3.44x	2.06x	2.34x	2.26x	2.15x
PEG	-	1.2x	0.3x	-3.43x	2.81x	3.18x	1.72x	1.3x
Capitalization / Revenue	1.58x	1.31x	2.31x	2.7x	1.38x	1.56x	1.5x	1.5x
EV / Revenue	2.4x	1.91x	3.52x	4.15x	2.35x	2.49x	2.38x	2.35x
EV / EBITDA	11.7x	11.8x	11.9x	13.3x	9.85x	10.5x	9.99x	9.42x
EV / EBIT	15.3x	15.2x	15.3x	18x	13.8x	14.1x	13.4x	12.5x
EV / FCF	21.5x	25.1x	22x	31.4x	32.3x	26.1x	21.5x	18.8x
FCF Yield	4.66%	3.98%	4.54%	3.19%	3.1%	3.84%	4.65%	5.31%
Dividend per Share ²	3.74	3.74	3.82	3.96	-	4.31	4.497	4.696
Rate of return	6.36%	5.69%	5.44%	3.94%	-	5%	5.22%	5.45%
EPS ²	3.35	3.84	5.48	5.17	5.42	5.679	6.142	6.76
Distribution rate	112%	97.4%	69.7%	76.6%	-	75.9%	73.2%	69.5%
Net sales ¹	16,540	22,387	17,677	21,698	33,629	34,705	36,147	36,182
EBITDA ¹	3,380	3,620	5,243	6,784	8,020	8,261	8,607	9,019
EBIT ¹	2,596	2,807	4,072	4,989	5,741	6,125	6,428	6,781
Net income ¹	1,500	1,721	2,658	3,034	3,393	3,556	3,831	4,178
Net Debt ¹	13,497	13,401	21,329	31,344	32,738	32,173	31,711	30,637
Reference price ²	58.76	65.70	70.22	100.40	73.50	86.18	86.18	86.18
Nbr of stocks (in thousands)	445,937	446,954	582,551	584,251	629,232	630,031	-	-
Announcement Date	28/02/22	27/02/23	26/02/24	24/02/25	23/02/26	-	-	-

¹USD in Million²USD

Estimates

Add to a list 0 selected To use this feature you must be a member Log in Sign up	P/E (Y)	EV / Sales (Y)	EV / EBITDA (Y)	Dividend Yield (Y)	Capi.($)
ONEOK, INC.	15.17x	2.49x	10.47x	5%	54.3B
ENBRIDGE INC.	24.64x	4.5x	13.46x	5.15%	119B
WILLIAMS COMPANIES, INC.	32.52x	9.57x	14.63x	2.9%	89.05B
ENTERPRISE PRODUCTS PARTNERS L.P.	13.29x	2.13x	10.86x	5.96%	81.11B
KINDER MORGAN, INC.	22.85x	5.97x	12.21x	3.62%	73.35B
TC ENERGY CORPORATION	22.57x	9.48x	13.07x	3.96%	66.73B
MPLX LP	12.49x	6.27x	11.08x	8%	57.22B
TARGA RESOURCES CORP.	24.45x	3.44x	13.11x	2.04%	52.57B
CHENIERE ENERGY PARTNERS, L.P.	15.12x	3.98x	11.94x	5.13%	30.74B
PEMBINA PIPELINE CORPORATION	21.37x	6.52x	11.9x	4.7%	25.95B
Average	20.45x	5.44x	12.27x	4.65%	65B
Weighted average by Cap.	21.43x	5.53x	12.49x	4.62%