ONEOK, Inc. (OKE) vs Occidental Petroleum Corporation (OXY)

A side-by-side comparison of ONEOK, Inc. and Occidental Petroleum Corporation across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of September 11, 2026. Differences are shown without an overall score or investment verdict.

Compare

Total returnOKE vs OXY

growth of $100 · dividends reinvested · last 10y
OKE +281.8% (+14.3%/yr)OXY +16.9% (+1.6%/yr)OKE compounded faster over this window
0100200300400Start $10020182020202220242026$382$117
OKE OXY

OKE vs OXY: by the numbers

  • OXY is the larger company ($61.13B vs $60.88B market cap).
  • OXY trades at the lower trailing earnings multiple (9.45 vs 16.66 P/E), one valuation lens rather than an overall verdict.
  • OXY converts more revenue to profit (28.79% vs 9.29% net margin).
  • OKE grew revenue faster over the past five years (27.55% vs 4.87% CAGR).
  • OKE pays the higher dividend yield (4.43% vs 1.70%).

Metrics side by side

Valuation

MetricOKEOXY
P/E ratio16.669.45
Forward P/E16.899.90
P/S ratio1.552.43
P/B ratio2.651.46
EV / EBITDA10.655.32
FCF yield4.77%8.69%

Profitability

MetricOKEOXY
Gross margin21.83%33.78%
Operating margin18.48%23.01%
Net margin9.29%28.79%
ROE15.95%17.38%
ROIC8.77%5.87%

Dividends

MetricOKEOXY
Dividend yield4.43%1.70%
Payout ratio73.10%16.00%

Growth (annualized)

MetricOKEOXY
Revenue CAGR (5Y)27.55%4.87%
EPS CAGR (5Y)30.77%N/A
FCF CAGR (5Y)18.10%3.24%
Total return CAGR (5Y)19.07%21.35%

Frequently asked

Which has the lower trailing P/E, OKE or OXY?
OXY has the lower trailing P/E: OKE trades at 16.66 and OXY at 9.45. P/E is one valuation measure and does not by itself establish which business is cheaper.
Which has grown faster, OKE or OXY?
Over the past five years, OKE grew revenue faster — OKE at a 27.55% CAGR versus OXY at 4.87%.
Does OKE or OXY pay a bigger dividend?
OKE yields 4.43% and OXY yields 1.70% based on trailing dividends and the latest price.
Is OKE or OXY more profitable?
OXY runs the higher net margin — OKE at 9.29% versus OXY at 28.79%.
How have OKE and OXY total returns compared?
Over the past 10 years, OKE delivered 13.68% and OXY delivered 0.87% annualized total return. Past performance doesn't predict future results.

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 11, 2026.