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 30yOKE +1565.3%OXY +371.6%OKE compounded faster
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 6It depends on what you're optimizing for:
ValueOXY(lower P/E)
GrowthOKE(faster 5Y revenue CAGR)
IncomeOKE(higher dividend yield)
QualityOKE(higher ROIC)
Valuation
| Metric | OKE | OXY |
|---|---|---|
| P/E ratio | 16.15 | 14.10● |
| Forward P/E | 14.62 | 14.41 |
| P/S ratio | 1.63● | 2.44 |
| P/B ratio | 2.56 | 1.45● |
| PEG ratio | 2.95 | — |
| EV / EBITDA | 11.55 | 5.96● |
| FCF yield | 3.92% | 6.31%● |
Profitability
| Metric | OKE | OXY |
|---|---|---|
| Gross margin | 23.95% | 26.23%● |
| Operating margin | 20.26%● | 12.39% |
| Net margin | 10.04% | 20.31%● |
| ROE | 15.80%● | 12.09% |
| ROIC | 8.62%● | 3.15% |
Dividends
| Metric | OKE | OXY |
|---|---|---|
| Dividend yield | 4.64%● | 1.77% |
| Payout ratio | 77.35% | 59.17% |
Growth (annualized)
| Metric | OKE | OXY |
|---|---|---|
| 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.
Go deeper
Dig into the metrics
ONEOK P/E ratioOccidental Petroleum P/E ratioONEOK dividend yieldOccidental Petroleum dividend yieldONEOK ROEOccidental Petroleum ROEONEOK operating marginOccidental Petroleum operating marginONEOK revenue growthOccidental Petroleum revenue growthONEOK free cash flowOccidental Petroleum free cash flow
ONEOK & Occidental Petroleum appear in these rankings
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.