Oneok (OKE)
NYSEEnergyOil & Gas MidstreamSnapshot 2026-11-05
$86.25-2.65%
Close 2026-11-05 · 1-day change
NYSEEnergyOil & Gas MidstreamSnapshot 2026-11-05
QuarterlyIQ Insights · OKE
What must go right, what could break, what the price assumes, and what evidence comes next.
The current health of the standing investment case.
Recent financial performance is holding in the top half of its industry — the reason to own it looks intact.
One-year growth currently built into the price, compared with our model's estimate.
| Measure | Marker shape | Value |
|---|---|---|
| Growth built into the price | circle | 3.0% |
| Our one-year growth estimate | diamond | 0.3% |
For each item: what to watch, what would become a concern, and what would make it less concerning.
A reporting-risk estimate, not a forecast of the stock-price response.
Historical relationships that met the evidence threshold. They do not prove cause or forecast a move.
No outside relationship met the current evidence threshold.
Based on historical daily prices through 2026-11-05.
Past price behavior in dollars on a $10,000 position. This does not measure permanent business risk.
How much price usually moves either way.
Use the underlying financial and sector pages to investigate the cause.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
Growth built into the price is above our model estimate.
The price assumes 2.7 percentage points more one-year growth.
The one-year revenue growth assumption on Valuation.
Model as of 2026-11-05 · Compared with 10 industry peers · Company calendar date is not available
OKE — capital allocation
Dated 2026-08-31
The issuance of the Class A Units to ONEOK and the Class B Units to Investor will be made in reliance upon the exemption from the registration requirements of the Securities Act of 1933, as amended, provided by Section 4(a)(2) thereof as a transaction by an issuer not involving any public offering.
Why it matters: Higher NGL volumes helped drive recent results. A further rise would support ONEOK's focus on growing earnings through its connected system.
Supportive ifNGL raw feed throughput grows year over year, with Gulf Coast and Permian volumes also above the prior-year level.
Worry ifNGL raw feed throughput falls year over year, or Gulf Coast and Permian volumes turn lower.
Why it matters: ONEOK raised spending plans as it adds growth projects and the Brazos assets. Spending near the new level would show the plan is moving ahead.
Watch forONEOK reports about $3.5 billion in 2026 capital spending. It names growth projects underway.
Also watch forONEOK cuts its $3.5 billion spending plan, or reports spending well above it without naming project progress.
Why it matters: ONEOK says the acquired Permian assets can add earnings in 2026. Reported results can show if that contribution arrives.
Supportive ifONEOK reports about $50 million in 2026 adjusted EBITDA from Brazos, net of deal costs.
Worry ifONEOK reports a smaller contribution, or says the assets did not add earnings in 2026.
We watch for confirming and disproving signals on each item. Resolutions are found automatically where possible and checked by hand for unclear cases. Last 90 days shown.
A larger daily loss that occurred about once in every 20 trading days.
Deepest peak-to-trough drop in the last year.
| Measure | Value | Meaning |
|---|---|---|
| Typical day | ±$130 on $10,000 · ±1.3% | How much price usually moves either way. |
| Bad day | $333 loss on $10,000 · 3.3% | A larger daily loss that occurred about once in every 20 trading days. |
| Largest peak-to-trough drop in the past year | $1,255 loss on $10,000 · 12.6% | Deepest peak-to-trough drop in the last year. |
Past year. 1.00 means similar movement; 1.20 means about 20% more.
Past year. 1.00 means similar movement to the sector. This is secondary context.
Latest 30 trading days, shown as an annual percentage.
Latest 252 trading days, shown as an annual percentage.
20-trading-day average in US dollars.
Trading days used by the source risk snapshot.
Past results, not a forecast. Not investment advice.