Oneok Inc. stock declines slightly despite upcoming earnings report, outperforming industry but underperforming market

From Nasdaq: 2025-03-07 18:15:09

Oneok Inc. (OKE) closed the recent trading session at $89.57, down -0.19% from the previous day. The stock underperformed the S&P 500, which saw a daily gain of 0.55%. Analysts are watching for the company’s upcoming earnings report, with projected EPS at $1.33 and revenue at $7.35 billion, marking increases from last year.

In the last month, Oneok Inc. shares fell 6.35%, trailing the Oils-Energy sector’s 6.33% loss and the S&P 500’s 5.56% loss. For the full fiscal year, estimates suggest earnings of $5.50 per share and revenue of $28.34 billion, reflecting changes of +6.38% and +30.63% from the prior year.

The Zacks Rank system, currently rating Oneok Inc. as a #3 (Hold), has a track record of successful stock performance. The industry’s current Forward P/E ratio of 16.31 is higher than the industry average of 12.14. Additionally, the Oil and Gas – Production Pipeline – MLB industry has a PEG ratio of 3.72, compared to the industry average of 1.12.

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Read more at Nasdaq: Oneok Inc. (OKE) Stock Declines While Market Improves: Some Information for Investors