Balance Sheet Insights: Oneok Inc. (OKE)’s Debt-to-Equity and Long-Term Debt/Eq Ratios

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In the latest session, Oneok Inc. (NYSE: OKE) closed at $82.32 down -0.12% from its previous closing price of $82.42. In other words, the price has decreased by -$0.12 from its previous closing price. On the day, 1.38 million shares were traded. OKE stock price reached its highest trading level at $82.39 during the session, while it also had its lowest trading level at $81.79.


For a deeper understanding of Oneok Inc.’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 739.17 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 23.49. For the most recent quarter (mrq), Quick Ratio is recorded 0.48 and its Current Ratio is at 0.70. In the meantime, Its Debt-to-Equity ratio is 1.34 whereas as Long-Term Debt/Eq ratio is at 1.24.

BofA Securities Upgraded its Neutral to Buy on December 04, 2023, whereas the target price for the stock was revised from $72 to $83.

Insider Transactions:

Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Mar 01 ’24 when Smith Wayne Thomas bought 2,700 shares for $75.25 per share. The transaction valued at 203,175 led to the insider holds 2,700 shares of the business.

RODRIGUEZ EDUARDO A sold 800 shares of OKE for $56,230 on Dec 22 ’23. The Director now owns 25,154 shares after completing the transaction at $70.29 per share.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, OKE now has a Market Capitalization of 48104181760 and an Enterprise Value of 69981814784. As of this moment, Oneok’s Price-to-Earnings (P/E) ratio for their current fiscal year is 19.16, and their Forward P/E ratio for the next fiscal year is 14.99. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 5.04. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.71 while its Price-to-Book (P/B) ratio in mrq is 2.92. Its current Enterprise Value per Revenue stands at 3.902 whereas that against EBITDA is 15.024.

Stock Price History:

The Beta on a monthly basis for OKE is 1.62, which has changed by 0.26025724 over the last 52 weeks, in comparison to a change of 0.24919295 over the same period for the S&P500. Over the past 52 weeks, OKE has reached a high of $83.31, while it has fallen to a 52-week low of $60.58. The 50-Day Moving Average of the stock is 2.45%, while the 200-Day Moving Average is calculated to be 12.33%.

Shares Statistics:

For the past three months, OKE has traded an average of 2.54M shares per day and 1863800 over the past ten days. A total of 583.09M shares are outstanding, with a floating share count of 582.39M. Insiders hold about 0.22% of the company’s shares, while institutions hold 69.60% stake in the company. Shares short for OKE as of 1718323200 were 8407531 with a Short Ratio of 3.31, compared to 1715731200 on 10436211. Therefore, it implies a Short% of Shares Outstanding of 8407531 and a Short% of Float of 1.6400000000000001.

Dividends & Splits

According to the company, the forward annual dividend rate for OKE is 3.89, from 3.89 in the trailing year. Against a Trailing Annual Dividend Yield of 0.047197286The stock’s 5-year Average Dividend Yield is 7.03. The current Payout Ratio is 69.76% for OKE, which recently paid a dividend on 2024-04-30 with an ex-dividend date of 1714435200. Stock splits for the company last occurred on 2014-02-03 when the company split stock in a 11422:10000 ratio.

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