Basis: Latest stored market observation. Source: stored company filings and market data; unavailable inputs remain N/A.
Is the P/E ratio high or low?
The P/E ratio of 16.81 is in line with its 5-year average of 16.64, around the middle of its 5-year range (10.68–24.49).
As of Tuesday, September 8, 2026. 12.29% above its 12-month average of 14.97.
PE Ratio (16.81) = Close Price ($97.51) / Diluted TTM EPS ($5.80)
PE RATIO
16.81
PE RATIO AVG TTM
14.97
PE RATIO AVG 3Y
16.21
PE RATIO AVG 5Y
16.64
PE RATIO AVG 10Y
22.84
PE RATIO AVG 15Y
24.55
PE RATIO AVG 20Y
21.05
CURRENT VS TTM AVG
+12.29%
CURRENT VS 3Y AVG
+3.67%
CURRENT VS 5Y AVG
+1.04%
CURRENT VS 10Y AVG
-26.40%
CURRENT VS 15Y AVG
-31.52%
CURRENT VS 20Y AVG
-20.13%
SECTOR MEDIAN · ENERGY
15.40
median of 44 covered companies
CURRENT VS SECTOR MEDIAN
+9.16%
vs the sector median at left
Market Cap
$60.32B
PE Ratio
9.33
TTM Avg
24.69
3Y Avg
18.52
5Y Avg
15.96
| NAME | MARKET CAP | PE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| ONEOK, Inc. (OKE) | $61.45B | 16.81 | 14.97 | 16.21 | 16.64 |
| MPLX Lp (MPLX)vs › | $60.71B | 12.83 | 11.94 | 11.33 | 10.82 |
| Occidental Petroleum Corporation (OXY)vs › | $60.32B | 9.33 | 24.69 | 18.52 | 15.96 |
| Targa Resources Corp. (TRGP)vs › | $63.17B | 27.62 | 26.10 | 27.84 | 35.66 |
| Baker Hughes Company (BKR)vs › | $63.45B | 20.55 | 19.25 | 18.40 | 32.22 |
| TC Energy Corporation (TRP)vs › | $66.05B | 26.49 | 25.17 | 20.21 | 23.74 |
| Diamondback Energy, Inc. (FANG)vs › | $56.16B | 38.99 | 71.07 | 30.20 | 24.81 |
| Devon Energy Corporation (DVN)vs › | $53.24B | 11.50 | 10.24 | 8.45 | 15.35 |
| Kinder Morgan, Inc. (KMI)vs › | $71.21B | 20.50 | 22.37 | 20.75 | 20.84 |
| Energy Transfer LP (ET)vs › | $74.02B | 13.36 | 13.92 | 13.73 | 11.57 |
At 16.8, P/E is near its 20-year median — higher than 43% of readings in its 20-year history.
20-year low
5.0
median
18.3
20-year high
57.7
Trailing P/E
16.8
Forward P/E
17.0
Forward P/E is calculated using analyst consensus EPS estimates for the current or next fiscal year.
Calculation:
Current Price
$97.51
Forward EPS (Est.)
$5.75
Forward P/E
16.97
Source: FMP Analyst Consensus Estimates. Forward EPS represents the average analyst estimate for the nearest fiscal year.
PE Ratio = Share Price / Diluted EPS (TTM)
The price-to-earnings ratio measures how much investors pay for each dollar of trailing earnings. A lower PE can indicate a cheaper valuation; a higher PE implies higher growth expectations.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
| DATE | PE RATIO |
|---|---|
| 2026-09-08 | 16.81 |
| 2026-09-04 | 16.45 |
| 2026-09-03 | 16.51 |
| 2026-09-02 | 16.55 |
| 2026-09-01 | 16.50 |
| 2026-08-31 | 16.55 |
| 2026-08-28 | 16.34 |
| 2026-08-27 | 16.33 |
| 2026-08-26 | 16.36 |
| 2026-08-25 | 15.81 |
| 2026-08-24 | 16.04 |
| 2026-08-21 | 16.09 |
| 2026-08-20 | 16.31 |
| 2026-08-19 | 16.55 |
| 2026-08-18 | 16.74 |
| 2026-08-17 | 16.43 |
| 2026-08-14 | 16.38 |
| 2026-08-13 | 15.97 |
| 2026-08-12 | 15.94 |
| 2026-08-11 | 15.78 |
| 2026-08-10 | 15.58 |
| 2026-08-07 | 14.90 |
| 2026-08-06 | 15.16 |
| 2026-08-05 | 15.04 |
| 2026-08-04 | 15.11 |
| 2026-08-03 | 15.73 |
| 2026-07-31 | 16.19 |
| 2026-07-30 | 15.88 |
| 2026-07-29 | 16.04 |
| 2026-07-28 | 15.83 |
| 2026-07-27 | 15.95 |
| 2026-07-24 | 16.61 |
| 2026-07-23 | 16.62 |
| 2026-07-22 | 16.35 |
| 2026-07-21 | 16.37 |
| 2026-07-20 | 16.68 |
| 2026-07-17 | 16.67 |
| 2026-07-16 | 16.58 |
| 2026-07-15 | 16.23 |
| 2026-07-14 | 16.38 |
| 2026-07-13 | 16.43 |
| 2026-07-10 | 16.03 |
| 2026-07-09 | 15.95 |
| 2026-07-08 | 16.25 |
| 2026-07-07 | 16.16 |
| 2026-07-06 | 15.58 |
| 2026-07-02 | 15.66 |
| 2026-07-01 | 15.28 |
| 2026-06-30 | 15.50 |
| 2026-06-29 | 15.82 |
| 2026-06-26 | 15.90 |
| 2026-06-25 | 15.96 |
| 2026-06-24 | 15.56 |
| 2026-06-23 | 15.70 |
| 2026-06-22 | 15.38 |
| 2026-06-18 | 15.16 |
| 2026-06-17 | 15.25 |
| 2026-06-16 | 15.39 |
| 2026-06-15 | 15.59 |
| 2026-06-12 | 16.15 |
| 2026-06-11 | 15.90 |
| 2026-06-10 | 16.14 |
| 2026-06-09 | 15.65 |
| 2026-06-08 | 15.71 |
| 2026-06-05 | 15.73 |
| 2026-06-04 | 15.86 |
| 2026-06-03 | 15.46 |
| 2026-06-02 | 15.46 |
| 2026-06-01 | 15.14 |
| 2026-05-29 | 14.96 |
| 2026-05-28 | 15.51 |
| 2026-05-27 | 15.72 |
| 2026-05-26 | 16.12 |
| 2026-05-22 | 16.76 |
| 2026-05-21 | 16.51 |
| 2026-05-20 | 16.43 |
| 2026-05-19 | 16.98 |
| 2026-05-18 | 16.71 |
| 2026-05-15 | 16.46 |
| 2026-05-14 | 16.23 |
| 2026-05-13 | 15.83 |
| 2026-05-12 | 15.76 |
| 2026-05-11 | 15.65 |
| 2026-05-08 | 15.18 |
| 2026-05-07 | 15.31 |
| 2026-05-06 | 15.26 |
| 2026-05-05 | 16.05 |
| 2026-05-04 | 16.16 |
| 2026-05-01 | 16.11 |
| 2026-04-30 | 16.48 |
| 2026-04-29 | 15.92 |
| 2026-04-28 | 16.57 |
| 2026-04-27 | 16.19 |
| 2026-04-24 | 16.14 |
| 2026-04-23 | 16.09 |
| 2026-04-22 | 15.88 |
| 2026-04-21 | 15.63 |
| 2026-04-20 | 15.46 |
| 2026-04-17 | 15.41 |
| 2026-04-16 | 15.72 |
| 2026-04-15 | 15.52 |
| 2026-04-14 | 15.65 |
| 2026-04-13 | 15.74 |
| 2026-04-10 | 15.91 |
| 2026-04-09 | 15.90 |
| 2026-04-08 | 16.01 |
| 2026-04-07 | 16.72 |
| 2026-04-06 | 16.33 |
| 2026-04-02 | 16.29 |
| 2026-04-01 | 16.12 |
| 2026-03-31 | 16.68 |
| 2026-03-30 | 17.15 |
| 2026-03-27 | 17.34 |
| 2026-03-26 | 17.26 |
| 2026-03-25 | 17.00 |
| 2026-03-24 | 16.78 |
| 2026-03-23 | 16.59 |
| 2026-03-20 | 16.46 |
| 2026-03-19 | 16.31 |
| 2026-03-18 | 15.90 |
| 2026-03-17 | 15.97 |
| 2026-03-16 | 15.74 |
| 2026-03-13 | 15.75 |
| 2026-03-12 | 15.67 |
| 2026-03-11 | 15.82 |
| 2026-03-10 | 15.62 |
| 2026-03-09 | 15.86 |
| 2026-03-06 | 16.04 |
| 2026-03-05 | 15.79 |
| 2026-03-04 | 15.64 |
| 2026-03-03 | 15.64 |
| 2026-03-02 | 15.89 |
| 2026-02-27 | 15.27 |
| 2026-02-26 | 15.50 |
| 2026-02-25 | 15.18 |
| 2026-02-24 | 15.29 |
| 2026-02-23 | 16.05 |
| 2026-02-20 | 16.05 |
| 2026-02-19 | 15.97 |
| 2026-02-18 | 15.95 |
| 2026-02-17 | 15.74 |
| 2026-02-13 | 15.83 |
| 2026-02-12 | 15.55 |
| 2026-02-11 | 15.61 |
| 2026-02-10 | 15.34 |
| 2026-02-09 | 15.28 |
| 2026-02-06 | 15.04 |
| 2026-02-05 | 14.79 |
| 2026-02-04 | 14.77 |
| 2026-02-03 | 14.39 |
| 2026-02-02 | 13.85 |
| 2026-01-30 | 14.56 |
| 2026-01-29 | 14.44 |
| 2026-01-28 | 14.57 |
| 2026-01-27 | 14.29 |
| 2026-01-26 | 14.25 |
| 2026-01-23 | 14.34 |
| 2026-01-22 | 14.44 |
| 2026-01-21 | 13.94 |
| 2026-01-20 | 13.61 |
| 2026-01-16 | 13.68 |
| 2026-01-15 | 13.48 |
| 2026-01-14 | 13.94 |
| 2026-01-13 | 13.65 |
| 2026-01-12 | 13.33 |
| 2026-01-09 | 13.36 |
| 2026-01-08 | 13.30 |
| 2026-01-07 | 13.00 |
| 2026-01-06 | 13.03 |
| 2026-01-05 | 13.54 |
| 2026-01-02 | 13.67 |
| 2025-12-31 | 13.51 |
| 2025-12-30 | 13.57 |
| 2025-12-29 | 13.54 |
| 2025-12-26 | 13.39 |
| 2025-12-24 | 13.46 |
| 2025-12-23 | 13.50 |
| 2025-12-22 | 13.39 |
| 2025-12-19 | 13.17 |
| 2025-12-18 | 13.18 |
| 2025-12-17 | 13.43 |
| 2025-12-16 | 13.08 |
| 2025-12-15 | 13.39 |
| 2025-12-12 | 13.53 |
| 2025-12-11 | 13.53 |
| 2025-12-10 | 13.56 |
| 2025-12-09 | 13.78 |
| 2025-12-08 | 13.77 |
| 2025-12-05 | 14.03 |
| 2025-12-04 | 14.00 |
| 2025-12-03 | 13.77 |
| 2025-12-02 | 13.44 |
| 2025-12-01 | 13.54 |
| 2025-11-28 | 13.39 |
| 2025-11-26 | 13.15 |
| 2025-11-25 | 13.03 |
| 2025-11-24 | 12.91 |
| 2025-11-21 | 12.97 |
| 2025-11-20 | 12.82 |
| 2025-11-19 | 12.77 |
| 2025-11-18 | 12.76 |
| 2025-11-17 | 12.66 |
| 2025-11-14 | 12.96 |
| 2025-11-13 | 12.76 |
| 2025-11-12 | 12.67 |
| 2025-11-11 | 12.70 |
| 2025-11-10 | 12.48 |
| 2025-11-07 | 12.52 |
| 2025-11-06 | 12.47 |
| 2025-11-05 | 12.18 |
| 2025-11-04 | 11.82 |
| 2025-11-03 | 12.01 |
| 2025-10-31 | 12.32 |
| 2025-10-30 | 12.26 |
| 2025-10-29 | 12.35 |
| 2025-10-28 | 13.47 |
| 2025-10-27 | 13.51 |
| 2025-10-24 | 13.37 |
| 2025-10-23 | 13.60 |
| 2025-10-22 | 13.57 |
| 2025-10-21 | 13.44 |
| 2025-10-20 | 13.36 |
| 2025-10-17 | 13.27 |
| 2025-10-16 | 13.10 |
| 2025-10-15 | 13.43 |
| 2025-10-14 | 13.56 |
| 2025-10-13 | 13.56 |
| 2025-10-10 | 13.47 |
| 2025-10-09 | 13.89 |
| 2025-10-08 | 14.11 |
| 2025-10-07 | 14.12 |
| 2025-10-06 | 14.18 |
| 2025-10-03 | 14.21 |
| 2025-10-02 | 14.13 |
| 2025-10-01 | 14.23 |
| 2025-09-30 | 14.22 |
| 2025-09-29 | 14.25 |
| 2025-09-26 | 14.40 |
| 2025-09-25 | 14.32 |
| 2025-09-24 | 14.36 |
| 2025-09-23 | 14.15 |
| 2025-09-22 | 13.96 |
| 2025-09-19 | 13.95 |
| 2025-09-18 | 14.34 |
| 2025-09-17 | 14.20 |
| 2025-09-16 | 14.15 |
| 2025-09-15 | 14.15 |
| 2025-09-12 | 14.24 |
| 2025-09-11 | 14.29 |
| 2025-09-10 | 14.30 |
| 2025-09-09 | 14.00 |
| 2025-09-08 | 13.91 |
| 2025-09-05 | 14.16 |
| 2025-09-04 | 14.50 |
| 2025-09-03 | 14.40 |
| 2025-09-02 | 14.55 |
| 2025-08-29 | 14.89 |
| 2025-08-28 | 14.79 |
| 2025-08-27 | 14.64 |
| 2025-08-26 | 14.51 |
Showing the most recent 260 of 5,030 data points. The chart above shows the full history.