Oneok (OKE)
NYSEEnergyOil & Gas MidstreamSnapshot 2026-07-08
$91.14+0.52%
Close 2026-07-08 · 1-day change
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Price, fair value, and the multiples that frame it on the same time axis. Scroll over the price chart to zoom.
Daily closes. Earnings/event dots inline.
A consensus fair price across 13 valuation methods, at three horizons. Current price $91.14. As of 2026-07-08. Estimates are diagnostics, not price targets. Short-horizon estimates are close to coin-flips, so confidence is a method-agreement read, not a prediction.
Today's peer multiple on trailing earnings, with no growth credited. This is the headline read.
Adds projected growth, so it leans optimistic by design. Read it as upside context, not a base case.
We take the 12-month fair value above and grade our own number — how the market prices this name versus what we'd justify, and where the two diverge.
At $91 OKE trades at 16× p/e, below its 24× p/e peer median, but our blended $78 fair value sits below the price. We hold it with medium confidence: our number sits below the analyst range and quality doesn't explain valuation multiples in this sub-industry, so the peer comparison is a weak guide. Analysts target $89–$93. Note: our $78 fair value sits below the entire analyst range ($89–$93). Even valued only for durable growth at sustainable margins, it's worth about $98 — above today's price, so the premium reflects that growth case, not pure multiple expansion. Not investment advice.
One valuation read at a 12-month horizon, plus how price compares to peers and the company's own history.
Score 100 = cheapest in the cohort, 0 = richest. Bars are filled left-to-right based on the peer-relative score (or PEG/self-history where shown).
Each method's implied share price per horizon. Provisional rows use a projected (historical-CAGR) growth input rather than analyst or management guidance.
| Method | Horizon | Est. price | Multiple | Per-share input | EPS source | Confidence |
|---|---|---|---|---|---|---|
| analyst target | 12M | $90.00 | — | — | Analyst | high |
| dcf fcfe | 12M | $47.39 | — | — | Hist. CAGR | high |
| dcf fcff | 12M | $12.65 | — | — | Hist. CAGR | high |
| ddm gordon | 12M | $27.09 | — | — | TTM | high |
| graham number | 12M |
A “consensus-then vs. actual-now” overlay is on the way — what our valuation estimate said on a past date versus where the price actually landed.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
A long-thesis check that carries the widest uncertainty of the three horizons.
Below average on quality vs scored peers
A second lens on the 12-month fair value: for companies that score high on measured quality (profitability, balance-sheet safety, earnings stability), this read trusts more of today's profit margins instead of averaging them toward their multi-year history the way the headline number does. Shown alongside the fair value above, not in place of it. A diagnostic, not a price target or a buy/sell signal.
Direction of the business behind the multiple. Bands are backend reads; trailing-12-month basis.
$89.00 – $93.00 (median $91.00) · 4 analysts · as of 2026-05-04
Only weak execution quality, a turbulent sector regime (Heating) — not the full expensive x weak x turbulent stack.
For similar setups historically (n=20,154): about 33% saw a 20%+ drawdown, and roughly 76% of those did not recover within the year. These are historical base rates for the cohort, not a forecast of this stock.
Looks cheaper than most peers in the same business.
Around its own typical valuation.
Trailing four: 2025-Q1, 2025-Q2, 2025-Q3, 2026-Q1
Direction of the business behind the multiple. Bands are backend reads; trailing-12-month basis.
| $66.98 |
| — |
| — |
| TTM |
| high |
| Mgmt guidance | 12M | $136.16 | 24.6 | 5.53 | Mgmt | high |
| Peer EV/EBITDA | 12M | $42.61 | 8.5 | 11.31 | TTM | high |
| Peer P/FCF | 12M | $62.81 | 17.7 | 3.55 | TTM | high |
| Peer P/E | 12M | $138.13 | 24.6 | 5.61 | TTM | high |
| Peer P/S | 12M | $90.43 | 1.6 | 55.74 | TTM | high |
| PEG | 12M | $15.54 | 2.8 | 5.61 | TTM | high |
| residual income | 12M | $45.41 | — | — | TTM | high |
| Own P/E history | 12M | $89.20 | 15.9 | 5.61 | TTM | high |
| triangulated | 12M | $146.31 | 24.6 | 5.94 | Triangulated | high |
| Mgmt guidance | 3Y | $164.49 | 24.6 | 6.68 | Mgmt(prov.) | medium |
| Peer P/FCF | 3Y | $57.93 | 17.7 | 3.27 | Hist. CAGR(prov.) | medium |
| Mgmt guidance | 5Y | $186.58 | 24.6 | 7.58 | Mgmt(prov.) | medium |
| Peer P/FCF | 5Y | $54.90 | 17.7 | 3.10 | Hist. CAGR(prov.) | medium |