ONEOK Inc is doing better financially today then in previous quarter. It has a moderate risk of reporting better financial numbers in April. At present, ONEOK's Total Assets are projected to increase significantly based on the last few years of reporting. The current year's Short and Long Term Debt Total is expected to grow to about 33.7 B, whereas Net Receivables is forecasted to decline to about 1.2 B. Key indicators impacting ONEOK's financial strength include:
The essential information of the day-to-day investment outlook for ONEOK includes many different criteria found on its balance sheet. An individual investor should monitor ONEOK's cash flow, debt, and profitability to accurately make informed decisions on whether to invest in ONEOK.
Please note, the presentation of ONEOK's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, ONEOK's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of ONEOK's management manipulating its earnings.
ONEOK Stock Summary
ONEOK competes with Enterprise Products, MPLX LP, Energy Transfer, Plains All, and Williams Companies. ONEOK, Inc., together with its subsidiaries, engages in gathering, processing, storage, and transportation of natural gas in the United States. The company was founded in 1906 and is headquartered in Tulsa, Oklahoma. Oneok operates under Oil Gas Midstream classification in the United States and is traded on New York Stock Exchange. It employs 2847 people.
Comparative valuation techniques use various fundamental indicators to help in determining ONEOK's current stock value. Our valuation model uses many indicators to compare ONEOK value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across ONEOK competition to find correlations between indicators driving ONEOK's intrinsic value. More Info.
ONEOK Inc is regarded fourth in return on equity category among its peers. It also is regarded fourth in return on asset category among its peers reporting about 0.36 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for ONEOK Inc is roughly 2.76 . At present, ONEOK's Return On Equity is projected to slightly decrease based on the last few years of reporting. Comparative valuation analysis is a catch-all technique that is used if you cannot value ONEOK by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.
ONEOK Inc Systematic Risk
ONEOK's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. ONEOK volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was five with a total number of output elements of fifty-six. The Beta measures systematic risk based on how returns on ONEOK Inc correlated with the market. If Beta is less than 0 ONEOK generally moves in the opposite direction as compared to the market. If ONEOK Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one ONEOK Inc is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of ONEOK is generally in the same direction as the market. If Beta > 1 ONEOK moves generally in the same direction as, but more than the movement of the benchmark.
Today, most investors in ONEOK Stock are looking for potential investment opportunities by analyzing not only static indicators but also various ONEOK's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of ONEOK growth as a starting point in their analysis.
Price Earnings To Growth Ratio
(3.36)
At present, ONEOK's Price Earnings To Growth Ratio is projected to drop slightly based on the last few years of reporting.
ONEOK March 18, 2025 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of ONEOK help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of ONEOK Inc. We use our internally-developed statistical techniques to arrive at the intrinsic value of ONEOK Inc based on widely used predictive technical indicators. In general, we focus on analyzing ONEOK Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build ONEOK's daily price indicators and compare them against related drivers.
When running ONEOK's price analysis, check to measure ONEOK's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy ONEOK is operating at the current time. Most of ONEOK's value examination focuses on studying past and present price action to predict the probability of ONEOK's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ONEOK's price. Additionally, you may evaluate how the addition of ONEOK to your portfolios can decrease your overall portfolio volatility.
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