Is FANG or OKE cheaper?

On trailing earnings, OKE is cheaper: FANG trades at a 211.66 P/E and OKE at 15.90.

Which has grown faster, FANG or OKE?

Over the past five years, FANG grew revenue faster — FANG at a 37.44% CAGR versus OKE at 29.16%.

Does FANG or OKE pay a bigger dividend?

FANG yields 2.45% and OKE yields 4.80% based on trailing dividends and the latest price.

Is FANG or OKE more profitable?

OKE runs the higher net margin — FANG at 2.65% versus OKE at 10.04%.

Which has been the better investment, FANG or OKE?

Over the past 10-year, OKE delivered the higher annualized total return — FANG at 10.32% versus OKE at 13.61%. Past performance doesn't predict future results.

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

OKE leads on 9 of 16 compared metrics.

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 June 28, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).

FANG

Diamondback Energy, Inc.

Total return — FANG vs OKE

growth of $100 · last 14y

FANG +928.1%OKE +112.5%FANG compounded faster

FANG OKE

FANG vs OKE: by the numbers

•OKE is the larger company ($56.21B vs $50.61B market cap).
•OKE trades at the lower earnings multiple (15.90 vs 211.66 P/E).
•OKE converts more revenue to profit (10.04% vs 2.65% net margin).
•FANG grew revenue faster over the past five years (37.44% vs 29.16% CAGR).
•OKE pays the higher dividend yield (4.80% vs 2.45%).

Which is better, FANG or OKE?

Metric tally: FANG 7 · OKE 9

It depends on what you're optimizing for:

ValueOKE(lower P/E)

GrowthFANG(faster 5Y revenue CAGR)

IncomeOKE(higher dividend yield)

QualityOKE(higher ROIC)

Metrics side by side

Valuation

Metric	FANG	OKE
P/E ratio	211.66	15.90●
Forward P/E	—	14.37
P/S ratio	3.35	1.60●
P/B ratio	1.39●	2.52
PEG ratio	8.32	2.93●
EV / EBITDA	7.51●	10.39
FCF yield	3.13%	3.98%●

Profitability

Metric	FANG	OKE
Gross margin	41.83%●	23.95%
Operating margin	32.73%●	20.26%
Net margin	2.65%	10.04%●
ROE	1.10%	15.80%●
ROIC	6.00%	8.62%●

Dividends

Metric	FANG	OKE
Dividend yield	2.45%	4.80%●
Payout ratio	76.79%	78.82%

Growth (annualized)

Metric	FANG	OKE
Revenue CAGR (5Y)	37.44%●	29.16%
EPS CAGR (5Y)	25.44%	30.77%●
FCF CAGR (5Y)	91.40%●	30.73%
Total return CAGR (5Y)	18.00%●	15.80%

Frequently asked

Which is better, FANG or OKE?: It depends on your goal. value: OKE (lower P/E); growth: FANG (faster 5Y revenue CAGR); income: OKE (higher dividend yield); quality: OKE (higher ROIC). Across all compared metrics, OKE leads 9 to 7.
Is FANG or OKE cheaper?: On trailing earnings, OKE is cheaper: FANG trades at a 211.66 P/E and OKE at 15.90.
Which has grown faster, FANG or OKE?: Over the past five years, FANG grew revenue faster — FANG at a 37.44% CAGR versus OKE at 29.16%.
Does FANG or OKE pay a bigger dividend?: FANG yields 2.45% and OKE yields 4.80% based on trailing dividends and the latest price.
Is FANG or OKE more profitable?: OKE runs the higher net margin — FANG at 2.65% versus OKE at 10.04%.
Which has been the better investment, FANG or OKE?: Over the past 10-year, OKE delivered the higher annualized total return — FANG at 10.32% versus OKE at 13.61%. 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 Operating Margin Stocks Best 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 June 28, 2026.