In the latest trading session, Oneok Inc. (OKE) closed at $80.34, marking a +2.64% move from the previous day. The stock outperformed the S&P 500, which registered a daily loss of 0.51%. Elsewhere, the Dow gained 0.53%, while the tech-heavy Nasdaq lost 1.51%.
Shares of the natural gas company have appreciated by 10.44% over the course of the past month, underperforming the Oils-Energy sector's gain of 10.63%, and outperforming the S&P 500's gain of 0.93%.
The upcoming earnings release of Oneok Inc. will be of great interest to investors. The company's earnings report is expected on February 23, 2026. The company is expected to report EPS of $1.49, down 5.1% from the prior-year quarter. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $9.49 billion, up 35.6% from the year-ago period.
For the full year, the Zacks Consensus Estimates are projecting earnings of $5.31 per share and revenue of $34.07 billion, which would represent changes of +2.71% and 0%, respectively, from the prior year.
It's also important for investors to be aware of any recent modifications to analyst estimates for Oneok Inc. These revisions typically reflect the latest short-term business trends, which can change frequently. As such, positive estimate revisions reflect analyst optimism about the business and profitability.
Our research reveals that these estimate alterations are directly linked with the stock price performance in the near future. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.
Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. Over the past month, there's been a 2.54% fall in the Zacks Consensus EPS estimate. Oneok Inc. presently features a Zacks Rank of #4 (Sell).
In terms of valuation, Oneok Inc. is presently being traded at a Forward P/E ratio of 13.59. This indicates a premium in contrast to its industry's Forward P/E of 12.05.
Meanwhile, OKE's PEG ratio is currently 4.44. The PEG ratio is similar to the widely-used P/E ratio, but this metric also takes the company's expected earnings growth rate into account. As the market closed yesterday, the Oil and Gas - Production Pipeline - MLB industry was having an average PEG ratio of 1.69.
The Oil and Gas - Production Pipeline - MLB industry is part of the Oils-Energy sector. This industry currently has a Zacks Industry Rank of 216, which puts it in the bottom 12% of all 250+ industries.
The strength of our individual industry groups is measured by the Zacks Industry Rank, which is calculated based on the average Zacks Rank of the individual stocks within these groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
To follow OKE in the coming trading sessions, be sure to utilize Zacks.com.
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ONEOK, Inc. (OKE): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).
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