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

In the quest to outshine the broader market, stock pickers diligently seek out stocks with the potential for superior performance. Making the right choices can significantly elevate your wealth.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

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.

Ratios:

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.

Most Popular