Oneok Inc.

Oneok Inc.

OKE

Market Cap$61.05B
Close$

Compare to Similar Companies

P/E RatioDividendsReturn on EquityPrice-to-SalesDebt-to-Equity
Oneok Inc.Oneok Inc.20.44.09%17%31.7

Earnings Call Q3 2024

October 30, 2024 - AI Summary

**Strong Financial Performance**: ONEOK reported third-quarter 2024 net income of $693 million ($1.18 per share) and adjusted EBITDA of $1.55 billion. The impressive year-over-year growth was driven by robust performance in the Rocky Mountain region and increased transportation services in the Natural Gas Pipeline segment.
**Increased Guidance**: The company raised its 2024 stand-alone adjusted EBITDA guidance to a midpoint of $6.275 billion, an increase of $100 million from April. Consolidated guidance, including contributions from EnLink and the pending Medallion acquisition, estimated a net income midpoint of $3 billion and adjusted EBITDA midpoint of $6.625 billion, showcasing solid growth.
**Acquisition Strategy and Synergies**: Recent acquisitions (EnLink and Medallion) are expected to position ONEOK for significant organic growth, with projected combined EBITDA for 2025 expected to comfortably exceed $8 billion. The company anticipates further synergies from recent acquisitions, with a focus on integrating operational efficiencies and expanding service offerings.

Exclusive for Stockcircle Pro members

Sign upSign Up
$-14.71

Current Fair Value

114.8% downside

Overvalued by 114.8% based on the discounted cash flow analysis.

Share Statistics

Market cap$61.05 Billion
Enterprise Value$88.49 Billion
Dividend Yield$4 (4.08788962698007%)
Earnings per Share$5.49
Beta1.66
Outstanding Shares584,800,000

Return

Return on Equity-
Return on Assets-
Return on Invested Capital-

Valuation & Multiples

P/E Ratio20.44
PEG38.82
Price to Sales3.01
Price to Book Ratio3.54
Enterprise Value to Revenue4.45
Enterprise Value to EBIT18.55
Enterprise Value to Net Income31
Total Debt to Enterprise0.32
Debt to Equity1.66

Revenue Sources

No data

Insider Trades

ESG Score

No data

About Oneok Inc.

CEO: Terry Spencer