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Upturn AI SWOT - About
OKE 
ONEOK Inc (OKE)
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Upturn Advisory Summary
04/01/2025: OKE (5-star) is currently NOT-A-BUY. Pass it for now.
Upturn Star Rating
Outstanding Performance
These Stocks/ETFs, based on Upturn Advisory, have historically outperformed the market, making them a top-tier choice for investors.
AI Based Fundamental Rating
Moderate Performance
These Stocks/ETFs, based on Upturn Advisory, typically align with the market average, offering steady but unremarkable returns.
Analysis of Past Performance
Type Stock | Historic Profit 58.14% | Avg. Invested days 68 | Today’s Advisory PASS |
Upturn Star Rating | Upturn Advisory Performance  3.0 | Stock Returns Performance  3.0 |
| Profits based on simulation | Last Close 04/01/2025 |
Key Highlights
Company Size Large-Cap Stock | Market Capitalization 62.12B USD | Price to earnings Ratio 19.25 | 1Y Target Price 111.55 |
Price to earnings Ratio 19.25 | 1Y Target Price 111.55 | ||
Volume (30-day avg) 3962754 | Beta 1.67 | 52 Weeks Range 72.92 - 116.82 | Updated Date 04/1/2025 |
52 Weeks Range 72.92 - 116.82 | Updated Date 04/1/2025 | ||
Dividends yield (FY) 4.15% | Basic EPS (TTM) 5.17 |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Product revenue - Year on Year
Revenue by Geography
Geography revenue - Year on Year
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin 13.99% | Operating Margin (TTM) 23.2% |
Management Effectiveness
Return on Assets (TTM) 5.84% | Return on Equity (TTM) 16.12% |
Valuation
Trailing PE 19.25 | Forward PE 17.24 | Enterprise Value 93465789006 | Price to Sales(TTM) 2.86 |
Enterprise Value 93465789006 | Price to Sales(TTM) 2.86 | ||
Enterprise Value to Revenue 4.31 | Enterprise Value to EBITDA 14.13 | Shares Outstanding 624339968 | Shares Floating 595632355 |
Shares Outstanding 624339968 | Shares Floating 595632355 | ||
Percent Insiders 0.2 | Percent Institutions 69.32 |
Analyst Ratings
Rating 3.65 | Target Price 110.65 | Buy 4 | Strong Buy 4 |
Buy 4 | Strong Buy 4 | ||
Hold 8 | Sell 1 | Strong Sell - | |
Strong Sell - |
Upturn AI SWOT
ONEOK Inc
Company Overview
History and Background
ONEOK, Inc. was founded in 1906 as Oklahoma Natural Gas Company. It has evolved from a local utility to a leading midstream service provider, focusing on natural gas and natural gas liquids (NGLs). It became a public company in 1981 and has grown through strategic acquisitions and expansions.
Core Business Areas
- Natural Gas Gathering and Processing: Gathers, processes, treats, and transports natural gas.
- Natural Gas Liquids: Owns and operates NGL systems, providing fractionation, transportation, storage, and marketing services.
- Natural Gas Pipelines: Transports natural gas through its pipeline network.
Leadership and Structure
Pierce H. Norton II serves as the President and CEO. The company operates with a typical corporate structure with various executive vice presidents overseeing different business segments and support functions.
Top Products and Market Share
Key Offerings
- Natural Gas Gathering and Processing Services: ONEOK gathers and processes natural gas from producers, removing impurities and separating NGLs. This service is critical for producers to access markets. ONEOK does not publish market share for this specific segment, but it is a significant player in the regions it operates in. Competitors include Enterprise Products Partners and Kinder Morgan.
- NGL Fractionation: ONEOK separates mixed NGL streams into individual components like ethane, propane, and butane. Fractionation is a key step in the NGL value chain, enabling these products to be used in various applications. ONEOK owns the major NGL fractionation capacity, and has a stronghold in this area due to key infrastructure. Competitors include Targa Resources Corp, and Phillips 66.
- Natural Gas Transportation: ONEOK transports natural gas through its extensive pipeline system, connecting supply basins with demand centers. This service ensures the reliable delivery of natural gas to consumers and businesses. ONEOK does not publish market share for this specific segment, but it is a significant player in the regions it operates in. Competitors include Kinder Morgan and Williams Companies.
Market Dynamics
Industry Overview
The midstream industry is driven by the production of natural gas and NGLs, and demand. Key factors include production levels, infrastructure capacity, regulatory changes, and commodity prices.
Positioning
ONEOK is a leading midstream service provider, known for its extensive infrastructure network and strategic asset locations. Its competitive advantages include its integrated system and strong relationships with producers.
Total Addressable Market (TAM)
The total addressable market for midstream services is in the hundreds of billions of dollars. ONEOK captures a significant portion of this, driven by its assets in key production regions, such as the Permian and Mid-Continent basins.
Upturn SWOT Analysis
Strengths
- Extensive infrastructure network
- Strategic asset locations
- Integrated system
- Strong relationships with producers
- Stable fee-based revenues
Weaknesses
- Sensitivity to commodity prices
- Dependence on production levels
- Exposure to regulatory changes
- High capital expenditure requirements
- Potential environmental liabilities
Opportunities
- Expansion of infrastructure to support growing production
- Acquisitions of complementary assets
- Development of new markets for NGLs
- Increased demand for natural gas as a cleaner energy source
- Growth in renewable fuels infrastructure
Threats
- Decline in production levels
- Increased competition
- Regulatory changes that could impact operations
- Environmental activism
- Economic downturns
Competitors and Market Share
Key Competitors
- EPD
- KMI
- WMB
- MPLX
- TRGP
Competitive Landscape
ONEOK has strong positioning in key basins and benefits from an integrated system. However, faces competition from larger and more diversified players.
Major Acquisitions
Rockdale Marcellus LLC
- Year: 2023
- Acquisition Price (USD millions): 1325
- Strategic Rationale: To expand natural gas gathering and processing capabilities in the Marcellus Shale.
Growth Trajectory and Initiatives
Historical Growth: ONEOK has grown significantly through acquisitions, expansions, and organic growth projects.
Future Projections: Analyst estimates project continued growth for ONEOK, driven by increased production of natural gas and NGLs and expansions of infrastructure.
Recent Initiatives: ONEOK is investing in new infrastructure projects to support growing production in key basins. They are also pursuing opportunities in renewable fuels infrastructure.
Summary
ONEOK is a strong midstream company with a solid infrastructure network and stable fee-based revenues. They face commodity price sensitivity and regulatory risks. They need to capitalize on expansion opportunities in key basins and diversification into renewable fuels. The company should also be mindful of increasing competition.
Similar Companies
- EPD
- KMI
- WMB
- MPLX
- TRGP
Sources and Disclaimers
Data Sources:
- ONEOK Investor Relations
- SEC Filings
- Analyst Reports
- Industry Publications
Disclaimers:
This analysis is for informational purposes only and should not be considered investment advice. Market conditions are subject to change.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About ONEOK Inc
Exchange NYSE | Headquaters Tulsa, OK, United States | ||
IPO Launch date 1985-07-01 | President, CEO & Director Mr. Pierce H. Norton II | ||
Sector Energy | Industry Oil & Gas Midstream | Full time employees 5177 | Website https://www.oneok.com/ |
Full time employees 5177 | Website https://www.oneok.com/ | ||
ONEOK, Inc. operates as a midstream service provider of gathering, processing, fractionation, transportation, storage, and marine export services in the United States. It operates in four segments: Natural Gas Gathering and Processing; Natural Gas Liquids; Natural Gas Pipelines; and Refined Products and Crude. The company owns natural gas gathering pipelines and processing plants in the Mid-Continent, Permian Basin, North Texas, Gulf Coast region, and Rocky Mountain regions; and provides midstream services to producers of NGLs. It also owns NGL gathering and distribution pipelines, fractionation, terminal and storage facilities; and transports refined products, including gasoline, diesel fuel, aviation fuel, kerosene, and heating oil. In addition, the company transports and stores natural gas through regulated interstate and intrastate natural gas transmission pipelines, and natural gas storage facilities; it owns and operates a parking garage in downtown Tulsa, Oklahoma; and leases buildings, warehouses, office space, land, and equipment, including pipeline equipment, pipeline capacity, rail cars, and information technology equipment. Further, the company transports, stores, and distributes refined products, purity NGLs, and crude oil, as well as conducts commodity-related activities, including liquids blending and marketing activities. It serves integrated and independent exploration and production companies; other NGL and natural gas gathering and processing companies; crude oil and natural gas production companies; utilities; industrial companies; natural gasoline distributors; propane distributors; municipalities; ethanol producers; petrochemical, refining, and marketing companies; and diluent users, refineries, and exporters. ONEOK, Inc. was founded in 1906 and is headquartered in Tulsa, Oklahoma.
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