ONEOK (OKE) Price/OCF Ratio: History & Chart

ONEOK, Inc.(OKE)

Oil & Gas Midstream · Tulsa, OK

$96.54+0.53 (+0.55%)

Delayed quote: Sep 3, 2026, 2:45 PM EDT

About ONEOK, Inc.

ONEOK, Inc., along with its subsidiaries, functions as a leading energy infrastructure company within the United States. Its primary focus is the comprehensive management of natural gas, encompassing gathering, processing, storage, and transportation. These operations are structured into three distinct segments: Natural Gas Gathering and Processing, Natural Gas Liquids (NGL), and Natural Gas Pipelines. The company owns an extensive system of natural gas gathering pipelines and processing plants, predominantly situated in the Mid-Continent and Rocky Mountain regions. Furthermore, ONEOK manages both federally (FERC) and state-regulated interstate and intrastate natural gas transmission pipelines, alongside crucial natural gas storage facilities. A significant component of ONEOK's business is dedicated to Natural Gas Liquids. The company handles the entire NGL value chain, from collecting, treating, and fractionating to transporting, storing, marketing, and distributing these products. Its NGL infrastructure includes a broad network of gathering and distribution pipelines across Oklahoma, Kansas, Texas, New Mexico, Montana, North Dakota, Wyoming, and Colorado. Additionally, NGL terminal and storage assets are maintained in Kansas, Missouri, Nebraska, Iowa, and Illinois. ONEOK also operates pipelines for NGL distribution and refined petroleum products throughout Kansas, Missouri, Nebraska, Iowa, Illinois, and Indiana, supported by integrated truck and rail loading and unloading facilities connected to its NGL fractionation, storage, and pipeline network. The company's substantial physical footprint comprises approximately 17,500 miles of natural gas gathering pipelines, 1,500 miles of FERC-regulated interstate natural gas pipelines, and 5,100 miles of state-regulated intrastate transmission pipelines. The NGL segment benefits from six storage facilities and eight product terminals. Separately, ONEOK also owns and leases a parking garage and excess office space in downtown Tulsa, Oklahoma. ONEOK serves a wide and varied customer base throughout the energy sector. This includes integrated and independent exploration and production (E&P) companies, natural gas and NGL gathering and processing enterprises, crude oil and natural gas producers, propane distributors, municipalities, and ethanol producers. The company also supports petrochemical, refining, and NGL marketing firms, as well as natural gas distribution utilities, electric power generation companies, and various other energy producers, processors, and marketers. Founded in 1906, ONEOK, Inc. is headquartered in Tulsa, Oklahoma.

Tulsa, OK

6,326 employees

www.oneok.com

Energy / Oil & Gas Midstream

Sector: Energy
Industry: Oil & Gas Midstream
CEO: Pierce H. Norton

View full financials

OKE Price/OCF Ratio Metrics

PRICE/OCF RATIO

9.86

PRICE/OCF RATIO AVG TTM

9.15

PRICE/OCF RATIO AVG 3Y

10.09

PRICE/OCF RATIO AVG 5Y

10.21

PRICE/OCF RATIO AVG 10Y

11.00

PRICE/OCF RATIO AVG 15Y

9.91

PRICE/OCF RATIO AVG 20Y

8.67

CURRENT VS TTM AVG

+7.80%

CURRENT VS 3Y AVG

-2.27%

CURRENT VS 5Y AVG

-3.43%

CURRENT VS 10Y AVG

-10.39%

CURRENT VS 15Y AVG

-0.50%

CURRENT VS 20Y AVG

+13.78%

SECTOR MEDIAN · ENERGY

9.53

median of 46 covered companies

CURRENT VS SECTOR MEDIAN

+3.52%

vs the sector median at left

NAME	MARKET CAP	PRICE/OCF RATIO	TTM	3Y	5Y
ONEOK, Inc. (OKE)	$60.83B	9.86	9.15	10.09	10.21
MPLX Lp (MPLX)vs ›	$60.58B	10.02	9.32	8.44	7.72
Occidental Petroleum Corporation (OXY)vs ›	$60.47B	5.62	4.74	4.49	4.40
Targa Resources Corp. (TRGP)vs ›	$63.06B	14.72	12.51	10.56	9.01
Baker Hughes Company (BKR)vs ›	$63.45B	14.51	15.31	13.03	13.52
Diamondback Energy, Inc. (FANG)vs ›	$57.04B	5.64	5.80	5.69	5.44
TC Energy Corporation (TRP)vs ›	$65.66B	11.50	11.42	9.58	8.98
Devon Energy Corporation (DVN)vs ›	$53.80B	5.39	3.96	3.89	4.85
Kinder Morgan, Inc. (KMI)vs ›	$71.11B	10.75	11.20	9.29	8.63
Energy Transfer LP (ET)vs ›	$74.07B	6.16	6.08	5.62	4.78

NAME

MARKET CAP

PRICE/OCF RATIO

TTM

ONEOK, Inc. (OKE)

$60.83B

9.86

9.15

10.09

10.21

MPLX Lp (MPLX)vs ›

$60.58B

10.02

9.32

8.44

7.72

Occidental Petroleum Corporation (OXY)vs ›

$60.47B

5.62

4.74

4.49

4.40

Targa Resources Corp. (TRGP)vs ›

$63.06B

14.72

12.51

10.56

9.01

Baker Hughes Company (BKR)vs ›

$63.45B

14.51

15.31

13.03

13.52

Diamondback Energy, Inc. (FANG)vs ›

$57.04B

5.64

5.80

5.69

5.44

TC Energy Corporation (TRP)vs ›

$65.66B

11.50

11.42

9.58

8.98

Devon Energy Corporation (DVN)vs ›

$53.80B

5.39

3.96

3.89

4.85

Kinder Morgan, Inc. (KMI)vs ›

$71.11B

10.75

11.20

9.29

8.63

Energy Transfer LP (ET)vs ›

$74.07B

6.16

6.08

5.62

4.78

Price/OCF Ratio Formula & Definition

P/OCF measures market price relative to operating cash flow: market cap divided by TTM operating cash flow. OCF is cash from operations before capital expenditures, so it sits above free cash flow — P/OCF typically reads below P/FCF, with the widest gap for capex-heavy businesses.

Price/OCF Ratio FAQ

What is the Price/OCF ratio for ONEOK, Inc. (OKE)?

The Price/OCF ratio for OKE stock is 9.86.

Is ONEOK, Inc.'s Price/OCF ratio high or low?

The Price/OCF ratio of 9.86 is in line with its 5-year average of 10.21, around the middle of its 5-year range (6.93–14.35).

What is the TTM average Price/OCF ratio for ONEOK, Inc. (OKE)?

The TTM average Price/OCF ratio for OKE stock is 9.15.

What is the 3Y average Price/OCF ratio for ONEOK, Inc. (OKE)?

The 3Y average Price/OCF ratio for OKE stock is 10.09.

What is the 5Y average Price/OCF ratio for ONEOK, Inc. (OKE)?

The 5Y average Price/OCF ratio for OKE stock is 10.21.

What is the 10Y average Price/OCF ratio for ONEOK, Inc. (OKE)?

The 10Y average Price/OCF ratio for OKE stock is 11.00.

What is the 15Y average Price/OCF ratio for ONEOK, Inc. (OKE)?

The 15Y average Price/OCF ratio for OKE stock is 9.91.

What is the 20Y average Price/OCF ratio for ONEOK, Inc. (OKE)?

The 20Y average Price/OCF ratio for OKE stock is 8.67.

DATE	PRICE/OCF RATIO
2026-09-02	9.86
2026-09-01	9.82
2026-08-31	9.86
2026-08-28	9.73
2026-08-27	9.72
2026-08-26	9.74
2026-08-25	9.41
2026-08-24	9.55
2026-08-21	9.58
2026-08-20	9.71
2026-08-19	9.86
2026-08-18	9.96
2026-08-17	9.78
2026-08-14	9.75
2026-08-13	9.51
2026-08-12	9.49
2026-08-11	9.39
2026-08-10	9.27
2026-08-07	8.87
2026-08-06	9.03
2026-08-05	8.95
2026-08-04	9.00
2026-08-03	9.90
2026-07-31	10.19
2026-07-30	9.99
2026-07-29	10.10
2026-07-28	9.96
2026-07-27	10.04
2026-07-24	10.45
2026-07-23	10.46
2026-07-22	10.29
2026-07-21	10.30
2026-07-20	10.50
2026-07-17	10.49
2026-07-16	10.44
2026-07-15	10.21
2026-07-14	10.31
2026-07-13	10.34
2026-07-10	10.09
2026-07-09	10.04
2026-07-08	10.23
2026-07-07	10.17
2026-07-06	9.81
2026-07-02	9.85
2026-07-01	9.62
2026-06-30	9.76
2026-06-29	9.96
2026-06-26	10.01
2026-06-25	10.04
2026-06-24	9.80
2026-06-23	9.88
2026-06-22	9.68
2026-06-18	9.54
2026-06-17	9.60
2026-06-16	9.68
2026-06-15	9.81
2026-06-12	10.16
2026-06-11	10.01
2026-06-10	10.16
2026-06-09	9.85
2026-06-08	9.89
2026-06-05	9.90
2026-06-04	9.98
2026-06-03	9.73
2026-06-02	9.73
2026-06-01	9.53
2026-05-29	9.42
2026-05-28	9.76
2026-05-27	9.90
2026-05-26	10.15
2026-05-22	10.55
2026-05-21	10.39
2026-05-20	10.34
2026-05-19	10.69
2026-05-18	10.52
2026-05-15	10.36
2026-05-14	10.21
2026-05-13	9.96
2026-05-12	9.92
2026-05-11	9.85
2026-05-08	9.56
2026-05-07	9.64
2026-05-06	9.60
2026-05-05	10.10
2026-05-04	10.17
2026-05-01	10.14
2026-04-30	10.37
2026-04-29	10.02
2026-04-28	10.12
2026-04-27	9.89
2026-04-24	9.86
2026-04-23	9.83
2026-04-22	9.70
2026-04-21	9.55
2026-04-20	9.44
2026-04-17	9.41
2026-04-16	9.61
2026-04-15	9.48
2026-04-14	9.56
2026-04-13	9.62
2026-04-10	9.72
2026-04-09	9.72
2026-04-08	9.78
2026-04-07	10.22
2026-04-06	9.98
2026-04-02	9.95
2026-04-01	9.85
2026-03-31	10.19
2026-03-30	10.48
2026-03-27	10.59
2026-03-26	10.55
2026-03-25	10.39
2026-03-24	10.25
2026-03-23	10.14
2026-03-20	10.06
2026-03-19	9.96
2026-03-18	9.72
2026-03-17	9.76
2026-03-16	9.62
2026-03-13	9.62
2026-03-12	9.57
2026-03-11	9.67
2026-03-10	9.55
2026-03-09	9.69
2026-03-06	9.80
2026-03-05	9.65
2026-03-04	9.56
2026-03-03	9.56
2026-03-02	9.71
2026-02-27	9.33
2026-02-26	9.47
2026-02-25	9.28
2026-02-24	9.34
2026-02-23	9.68
2026-02-20	9.68
2026-02-19	9.63
2026-02-18	9.62
2026-02-17	9.49
2026-02-13	9.55
2026-02-12	9.38
2026-02-11	9.41
2026-02-10	9.26
2026-02-09	9.22
2026-02-06	9.08
2026-02-05	8.92
2026-02-04	8.91
2026-02-03	8.68
2026-02-02	8.35
2026-01-30	8.78
2026-01-29	8.71
2026-01-28	8.79
2026-01-27	8.62
2026-01-26	8.59
2026-01-23	8.65
2026-01-22	8.71
2026-01-21	8.41
2026-01-20	8.21
2026-01-16	8.25
2026-01-15	8.13
2026-01-14	8.41
2026-01-13	8.23
2026-01-12	8.04
2026-01-09	8.06
2026-01-08	8.02
2026-01-07	7.84
2026-01-06	7.86
2026-01-05	8.17
2026-01-02	8.24
2025-12-31	8.15
2025-12-30	8.19
2025-12-29	8.17
2025-12-26	8.08
2025-12-24	8.12
2025-12-23	8.15
2025-12-22	8.08
2025-12-19	7.95
2025-12-18	7.95
2025-12-17	8.10
2025-12-16	7.89
2025-12-15	8.08
2025-12-12	8.16
2025-12-11	8.16
2025-12-10	8.18
2025-12-09	8.31
2025-12-08	8.31
2025-12-05	8.47
2025-12-04	8.45
2025-12-03	8.30
2025-12-02	8.11
2025-12-01	8.17
2025-11-28	8.08
2025-11-26	7.93
2025-11-25	7.86
2025-11-24	7.79
2025-11-21	7.82
2025-11-20	7.73
2025-11-19	7.70
2025-11-18	7.70
2025-11-17	7.64
2025-11-14	7.82
2025-11-13	7.70
2025-11-12	7.64
2025-11-11	7.66
2025-11-10	7.53
2025-11-07	7.55
2025-11-06	7.52
2025-11-05	7.35
2025-11-04	7.13
2025-11-03	7.25
2025-10-31	7.43
2025-10-30	7.40
2025-10-29	7.45
2025-10-28	8.20
2025-10-27	8.23
2025-10-24	8.14
2025-10-23	8.28
2025-10-22	8.26
2025-10-21	8.19
2025-10-20	8.14
2025-10-17	8.08
2025-10-16	7.98
2025-10-15	8.18
2025-10-14	8.26
2025-10-13	8.26
2025-10-10	8.20
2025-10-09	8.46
2025-10-08	8.59
2025-10-07	8.60
2025-10-06	8.63
2025-10-03	8.65
2025-10-02	8.60
2025-10-01	8.66
2025-09-30	8.66
2025-09-29	8.68
2025-09-26	8.77
2025-09-25	8.72
2025-09-24	8.75
2025-09-23	8.62
2025-09-22	8.50
2025-09-19	8.49
2025-09-18	8.73
2025-09-17	8.65
2025-09-16	8.62
2025-09-15	8.62
2025-09-12	8.67
2025-09-11	8.70
2025-09-10	8.71
2025-09-09	8.53
2025-09-08	8.47
2025-09-05	8.62
2025-09-04	8.83
2025-09-03	8.77
2025-09-02	8.86
2025-08-29	9.07
2025-08-28	9.01
2025-08-27	8.91
2025-08-26	8.83
2025-08-25	8.84
2025-08-22	8.88
2025-08-21	8.79

DATE

PRICE/OCF RATIO

2026-09-02

9.86

2026-09-01

9.82

2026-08-31

9.86

2026-08-28

9.73

2026-08-27

9.72

2026-08-26

9.74

2026-08-25

9.41

2026-08-24

9.55

2026-08-21

9.58

2026-08-20

9.71

2026-08-19

9.86

2026-08-18

9.96

2026-08-17

9.78

2026-08-14

9.75

2026-08-13

9.51

2026-08-12

9.49

2026-08-11

9.39

2026-08-10

9.27

2026-08-07

8.87

2026-08-06

9.03

2026-08-05

8.95

2026-08-04

9.00

2026-08-03

9.90

2026-07-31

10.19

2026-07-30

9.99

2026-07-29

10.10

2026-07-28

9.96

2026-07-27

10.04

2026-07-24

10.45

2026-07-23

10.46

2026-07-22

10.29

2026-07-21

10.30

2026-07-20

10.50

2026-07-17

10.49

2026-07-16

10.44

2026-07-15

10.21

2026-07-14

10.31

2026-07-13

10.34

2026-07-10

10.09

2026-07-09

10.04

2026-07-08

10.23

2026-07-07

10.17

2026-07-06

9.81

2026-07-02

9.85

2026-07-01

9.62

2026-06-30

9.76

2026-06-29

9.96

2026-06-26

10.01

2026-06-25

10.04

2026-06-24

9.80

2026-06-23

9.88

2026-06-22

9.68

2026-06-18

9.54

2026-06-17

9.60

2026-06-16

9.68

2026-06-15

9.81

2026-06-12

10.16

2026-06-11

10.01

2026-06-10

10.16

2026-06-09

9.85

2026-06-08

9.89

2026-06-05

9.90

2026-06-04

9.98

2026-06-03

9.73

2026-06-02

9.73

2026-06-01

9.53

2026-05-29

9.42

2026-05-28

9.76

2026-05-27

9.90

2026-05-26

10.15

2026-05-22

10.55

2026-05-21

10.39

2026-05-20

10.34

2026-05-19

10.69

2026-05-18

10.52

2026-05-15

10.36

2026-05-14

10.21

2026-05-13

9.96

2026-05-12

9.92

2026-05-11

9.85

2026-05-08

9.56

2026-05-07

9.64

2026-05-06

9.60

2026-05-05

10.10

2026-05-04

10.17

2026-05-01

10.14

2026-04-30

10.37

2026-04-29

10.02

2026-04-28

10.12

2026-04-27

9.89

2026-04-24

9.86

2026-04-23

9.83

2026-04-22

9.70

2026-04-21

9.55

2026-04-20

9.44

2026-04-17

9.41

2026-04-16

9.61

2026-04-15

9.48

2026-04-14

9.56

2026-04-13

9.62

2026-04-10

9.72

2026-04-09

9.72

2026-04-08

9.78

2026-04-07

10.22

2026-04-06

9.98

2026-04-02

9.95

2026-04-01

9.85

2026-03-31

10.19

2026-03-30

10.48

2026-03-27

10.59

2026-03-26

10.55

2026-03-25

10.39

2026-03-24

10.25

2026-03-23

10.14

2026-03-20

10.06

2026-03-19

9.96

2026-03-18

9.72

2026-03-17

9.76

2026-03-16

9.62

2026-03-13

9.62

2026-03-12

9.57

2026-03-11

9.67

2026-03-10

9.55

2026-03-09

9.69

2026-03-06

9.80

2026-03-05

9.65

2026-03-04

9.56

2026-03-03

9.56

2026-03-02

9.71

2026-02-27

9.33

2026-02-26

9.47

2026-02-25

9.28

2026-02-24

9.34

2026-02-23

9.68

2026-02-20

9.68

2026-02-19

9.63

2026-02-18

9.62

2026-02-17

9.49

2026-02-13

9.55

2026-02-12

9.38

2026-02-11

9.41

2026-02-10

9.26

2026-02-09

9.22

2026-02-06

9.08

2026-02-05

8.92

2026-02-04

8.91

2026-02-03

8.68

2026-02-02

8.35

2026-01-30

8.78

2026-01-29

8.71

2026-01-28

8.79

2026-01-27

8.62

2026-01-26

8.59

2026-01-23

8.65

2026-01-22

8.71

2026-01-21

8.41

2026-01-20

8.21

2026-01-16

8.25

2026-01-15

8.13

2026-01-14

8.41

2026-01-13

8.23

2026-01-12

8.04

2026-01-09

8.06

2026-01-08

8.02

2026-01-07

7.84

2026-01-06

7.86

2026-01-05

8.17

2026-01-02

8.24

2025-12-31

8.15

2025-12-30

8.19

2025-12-29

8.17

2025-12-26

8.08

2025-12-24

8.12

2025-12-23

8.15

2025-12-22

8.08

2025-12-19

7.95

2025-12-18

7.95

2025-12-17

8.10

2025-12-16

7.89

2025-12-15

8.08

2025-12-12

8.16

2025-12-11

8.16

2025-12-10

8.18

2025-12-09

8.31

2025-12-08

8.31

2025-12-05

8.47

2025-12-04

8.45

2025-12-03

8.30

2025-12-02

8.11

2025-12-01

8.17

2025-11-28

8.08

2025-11-26

7.93

2025-11-25

7.86

2025-11-24

7.79

2025-11-21

7.82

2025-11-20

7.73

2025-11-19

7.70

2025-11-18

7.70

2025-11-17

7.64

2025-11-14

7.82

2025-11-13

7.70

2025-11-12

7.64

2025-11-11

7.66

2025-11-10

7.53

2025-11-07

7.55

2025-11-06

7.52

2025-11-05

7.35

2025-11-04

7.13

2025-11-03

7.25

2025-10-31

7.43

2025-10-30

7.40

2025-10-29

7.45

2025-10-28

8.20

2025-10-27

8.23

2025-10-24

8.14

2025-10-23

8.28

2025-10-22

8.26

2025-10-21

8.19

2025-10-20

8.14

2025-10-17

8.08

2025-10-16

7.98

2025-10-15

8.18

2025-10-14

8.26

2025-10-13

8.26

2025-10-10

8.20

2025-10-09

8.46

2025-10-08

8.59

2025-10-07

8.60

2025-10-06

8.63

2025-10-03

8.65

2025-10-02

8.60

2025-10-01

8.66

2025-09-30

8.66

2025-09-29

8.68

2025-09-26

8.77

2025-09-25

8.72

2025-09-24

8.75

2025-09-23

8.62

2025-09-22

8.50

2025-09-19

8.49

2025-09-18

8.73

2025-09-17

8.65

2025-09-16

8.62

2025-09-15

8.62

2025-09-12

8.67

2025-09-11

8.70

2025-09-10

8.71

2025-09-09

8.53

2025-09-08

8.47

2025-09-05

8.62

2025-09-04

8.83

2025-09-03

8.77

2025-09-02

8.86

2025-08-29

9.07

2025-08-28

9.01

2025-08-27

8.91

2025-08-26

8.83

2025-08-25

8.84

2025-08-22

8.88

2025-08-21

8.79

Price/OCF Ratio: 9.86

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