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OKE

ONEOK INC /NEW/

At today's price, ONEOK INC /NEW/ (OKE) is priced for -2.5% growth. boothcheck doesn't publish a fair value or a price target; it shows what the price assumes, so you can judge whether that bar is too high. Built from SEC EDGAR filings.

Live priced in
-2.5% growth
Priced In
within-range

Key Takeaways

• ONEOK is a midstream energy company that moves and processes natural gas liquids, natural gas, and refined products for fees, with much of its revenue coming from contracted, volume-based services rather than commodity prices. • The defining number is leverage: ONEOK carries about $33.5 billion of net debt, roughly 5.6 times operating income, taken on to fund the EnLink, Medallion, and Magellan acquisitions, and the deleveraging path is the whole story. • What to watch is synergy capture and d

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Institutional ownership

1,639 institutional managers reported holding OKE in 13F filings for the quarter ended 2026-03-31. Together they hold about 78% of the company; the top 10 hold 44%. 208 opened new positions that quarter. Held by Vanguard Group, BlackRock, State Street, among others. On the short side, 26.0M shares were sold short as of the 2026-06-15 count, about 4% of shares outstanding (8.5 days of typical volume to cover).

Quarterly 13F filings arrive up to 45 days after quarter end, so the picture is never current (filed through 2026-05-29). Nothing here is investment advice.

Capital returns

OKE's share count grew 41.3% over the past five years even with $247.00M spent on repurchases. It pays a dividend, and has paid one every year in our records (18 and counting); the current rate is $4.12 a share annually. Cash returned over the past three years: $6.55B in dividends and $247.00M in repurchases.

Share counts are split-adjusted; repurchase totals are gross of share issuance. Nothing here is investment advice.

Insider activity

Open-market insider buys at OKE over the trailing three years: 2024: 1 buy totaling $203k; 2025: 1 buy totaling $165k. 17 officers and directors are on file.

Code P open-market purchases from SEC Form 4 filings, non-derivative, excluding scheduled 10b5-1 plans. Nothing here is investment advice.

Earnings reactions

OKE's recent reports: the day-one move, then what the following quarter actually did.

reportday onenext quarter
2022-05-05+5.5%-11.8%
2022-08-10+4.8%-14.1%
2022-11-03-0.4%+9.3%
2023-05-04-3.9%-2.7%

Day-one is the close-to-close move around the filing. Nothing here is investment advice.

Recent filings

OKE's latest 8-K filings: 2026-05-21 (items 5.07); 2026-04-28 (items 2.02, 7.01, 9.01); 2026-03-25 (items 5.02, 9.01); 2026-02-23 (items 2.02, 7.01, 9.01); 2026-01-26 (items 5.02, 9.01).

Item codes are the SEC's own classification of what each report discloses. Nothing here is investment advice.

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Last analyzed: June 27, 2026

For informational and research purposes only. Not investment advice. Not a recommendation to buy, sell, or hold any security. boothcheck is not a registered investment adviser. Past performance does not guarantee future results.