Which has the lower trailing P/E, FANG or OKE?

OKE has the lower trailing P/E: FANG trades at 36.46 and OKE at 15.28. P/E is one valuation measure and does not by itself establish which business is cheaper.

Which has grown faster, FANG or OKE?

Over the past five years, FANG grew revenue faster — FANG at a 31.48% CAGR versus OKE at 27.55%.

Does FANG or OKE pay a bigger dividend?

FANG yields 2.07% and OKE yields 4.39% based on trailing dividends and the latest price.

How have FANG and OKE total returns compared?

Over the past 10 years, FANG delivered 10.87% and OKE delivered 13.78% annualized total return. Past performance doesn't predict future results.

Diamondback Energy, Inc. (FANG) vs ONEOK, Inc. (OKE)

A side-by-side comparison of Diamondback Energy, Inc. and ONEOK, Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of September 13, 2026. Differences are shown without an overall score or investment verdict.

FANG

Diamondback Energy, Inc.

$52.51B

$186.67EnergyDelayed quote: Sep 25, 2026, 4:00 PM EDT

OKE

ONEOK, Inc.

$55.85B

$88.63EnergyDelayed quote: Sep 25, 2026, 4:00 PM EDT

Total return — FANG vs OKE

growth of $100 · dividends reinvested · last 10y

FANG +196.8% (+11.5%/yr)OKE +260.5% (+13.7%/yr)OKE compounded faster over this window

FANG OKE

FANG vs OKE: by the numbers

•OKE is the larger company ($55.85B vs $52.51B market cap).
•OKE trades at the lower trailing earnings multiple (15.28 vs 36.46 P/E), one valuation lens rather than an overall verdict.
•FANG grew revenue faster over the past five years (31.48% vs 27.55% CAGR).
•OKE pays the higher dividend yield (4.39% vs 2.07%).

Metrics side by side

Valuation

Metric	FANG	OKE
P/E ratio	36.46	15.28
Forward P/E	N/A	15.51
P/S ratio	3.07	1.42
P/B ratio	1.39	2.43
EV / EBITDA	6.47	10.08
FCF yield	12.37%	5.20%

Profitability

Metric	FANG	OKE
Gross margin	35.16%	21.83%
Operating margin	27.68%	18.48%
Net margin	9.27%	9.29%
ROE	4.18%	15.95%
ROIC	5.88%	8.77%

Dividends

Metric	FANG	OKE
Dividend yield	2.07%	4.39%
Payout ratio	83.01%	73.10%

Growth (annualized)

Metric	FANG	OKE
Revenue CAGR (5Y)	31.48%	27.55%
EPS CAGR (5Y)	25.44%	30.77%
FCF CAGR (5Y)	51.55%	18.10%
Total return CAGR (5Y)	27.56%	19.29%

Frequently asked

Which has the lower trailing P/E, FANG or OKE?: OKE has the lower trailing P/E: FANG trades at 36.46 and OKE at 15.28. P/E is one valuation measure and does not by itself establish which business is cheaper.
Which has grown faster, FANG or OKE?: Over the past five years, FANG grew revenue faster — FANG at a 31.48% CAGR versus OKE at 27.55%.
Does FANG or OKE pay a bigger dividend?: FANG yields 2.07% and OKE yields 4.39% based on trailing dividends and the latest price.
How have FANG and OKE total returns compared?: Over the past 10 years, FANG delivered 10.87% and OKE delivered 13.78% annualized total return. Past performance doesn't predict future results.

Go deeper

Full FANG analysis Full OKE analysis Interactive comparison tool

Dig into the metrics

Diamondback Energy P/E ratio ONEOK P/E ratio Diamondback Energy dividend yield ONEOK dividend yield Diamondback Energy ROE ONEOK ROE Diamondback Energy operating margin ONEOK operating margin Diamondback Energy revenue growth ONEOK revenue growth Diamondback Energy free cash flow ONEOK free cash flow

Diamondback Energy & ONEOK appear in these rankings

Highest Dividend Yield Stocks Fastest Revenue Growth Stocks Highest FCF Yield Stocks Highest 10-Year Total Return Stocks

Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified September 13, 2026.