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.
OKE
ONEOK, Inc.
$96.62EnergyDelayed quote: Sep 11, 2026, 4:00 PM EDT
OXY
Occidental Petroleum Corporation
$61.46EnergyDelayed quote: Sep 11, 2026, 4:00 PM EDT
Total return — OKE vs OXY
growth of $100 · dividends reinvested · last 10yOKE +281.8% (+14.3%/yr)OXY +16.9% (+1.6%/yr)OKE compounded faster over this window
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
| Metric | OKE | OXY |
|---|---|---|
| P/E ratio | 16.66 | 9.45 |
| Forward P/E | 16.89 | 9.90 |
| P/S ratio | 1.55 | 2.43 |
| P/B ratio | 2.65 | 1.46 |
| EV / EBITDA | 10.65 | 5.32 |
| FCF yield | 4.77% | 8.69% |
Profitability
| Metric | OKE | OXY |
|---|---|---|
| Gross margin | 21.83% | 33.78% |
| Operating margin | 18.48% | 23.01% |
| Net margin | 9.29% | 28.79% |
| ROE | 15.95% | 17.38% |
| ROIC | 8.77% | 5.87% |
Dividends
| Metric | OKE | OXY |
|---|---|---|
| Dividend yield | 4.43% | 1.70% |
| Payout ratio | 73.10% | 16.00% |
Growth (annualized)
| Metric | OKE | OXY |
|---|---|---|
| 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.
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 September 11, 2026.