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

OKE leads on 9 of 15 compared metrics, though OXY is the cheaper stock.

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 June 13, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).

Total return — OKE vs OXY

growth of $100 · last 30y
OKE +1565.3%OXY +371.6%OKE compounded faster
05001k2k2kStart $100200120062011201620212026$1,665$472
OKE OXY

OKE vs OXY: by the numbers

  • OKE is the larger company ($57.07B vs $56.24B market cap).
  • OXY trades at the lower earnings multiple (14.10 vs 16.15 P/E).
  • OXY converts more revenue to profit (20.31% vs 10.04% net margin).
  • OKE grew revenue faster over the past five years (29.16% vs 6.31% CAGR).
  • OKE pays the higher dividend yield (4.64% vs 1.77%).

Which is better, OKE or OXY?

Metric tally: OKE 9 · OXY 6

It depends on what you're optimizing for:

ValueOXY(lower P/E)
GrowthOKE(faster 5Y revenue CAGR)
IncomeOKE(higher dividend yield)
QualityOKE(higher ROIC)

Valuation

MetricOKEOXY
P/E ratio16.1514.10
Forward P/E14.6214.41
P/S ratio1.632.44
P/B ratio2.561.45
PEG ratio2.95
EV / EBITDA11.555.96
FCF yield3.92%6.31%

Profitability

MetricOKEOXY
Gross margin23.95%26.23%
Operating margin20.26%12.39%
Net margin10.04%20.31%
ROE15.80%12.09%
ROIC8.62%3.15%

Dividends

MetricOKEOXY
Dividend yield4.64%1.77%
Payout ratio77.35%59.17%

Growth (annualized)

MetricOKEOXY
Revenue CAGR (5Y)29.16%6.31%
EPS CAGR (5Y)30.77%-15.29%
FCF CAGR (5Y)30.73%13.30%
Total return CAGR (5Y)16.77%16.38%

Frequently asked

Which is better, OKE or OXY?
It depends on your goal. value: OXY (lower P/E); growth: OKE (faster 5Y revenue CAGR); income: OKE (higher dividend yield); quality: OKE (higher ROIC). Across all compared metrics, OKE leads 9 to 6.
Is OKE or OXY cheaper?
On trailing earnings, OXY is cheaper: OKE trades at a 16.15 P/E and OXY at 14.10.
Which has grown faster, OKE or OXY?
Over the past five years, OKE grew revenue faster — OKE at a 29.16% CAGR versus OXY at 6.31%.
Does OKE or OXY pay a bigger dividend?
OKE yields 4.64% and OXY yields 1.77% based on trailing dividends and the latest price.
Is OKE or OXY more profitable?
OXY runs the higher net margin — OKE at 10.04% versus OXY at 20.31%.
Which has been the better investment, OKE or OXY?
Over the past 10-year, OKE delivered the higher annualized total return — OKE at 13.94% versus OXY at 0.23%. 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 June 13, 2026.