In the latest trading session, Oneok Inc. (OKE) closed at $84.90, marking a +1.73% move from the previous day. The stock's change was more than the S&P 500's daily loss of 0.01%. Meanwhile, the Dow experienced a drop of 0.13%, and the technology-dominated Nasdaq saw a decrease of 0.16%.
Coming into today, shares of the natural gas company had gained 12.4% in the past month. In that same time, the Oils-Energy sector gained 13.82%, while the S&P 500 lost 0.28%.
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 forecasted to report an EPS of $1.49, showcasing a 5.1% downward movement from the corresponding quarter of the prior year. At the same time, our most recent consensus estimate is projecting a revenue of $9.49 billion, reflecting a 35.6% rise from the equivalent quarter last year.
Regarding the entire year, the Zacks Consensus Estimates forecast earnings of $5.31 per share and revenue of $34.07 billion, indicating changes of +2.71% and +57.01%, respectively, compared to the previous year.
It's also important for investors to be aware of any recent modifications to analyst estimates for Oneok Inc. These latest adjustments often mirror the shifting dynamics of short-term business patterns. Hence, positive alterations in estimates signify analyst optimism regarding the business and profitability.
Based on our research, we believe these estimate revisions are directly related to near-term stock moves. To take advantage of this, we've established the Zacks Rank, an exclusive model that considers these estimated changes and delivers an operational 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. The Zacks Consensus EPS estimate has moved 2.54% lower within the past month. At present, Oneok Inc. boasts a Zacks Rank of #4 (Sell).
With respect to valuation, Oneok Inc. is currently being traded at a Forward P/E ratio of 14.5. This valuation marks a premium compared to its industry average Forward P/E of 12.23.
One should further note that OKE currently holds a PEG ratio of 4.74. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. Oil and Gas - Production Pipeline - MLB stocks are, on average, holding a PEG ratio of 1.72 based on yesterday's closing prices.
The Oil and Gas - Production Pipeline - MLB industry is part of the Oils-Energy sector. Currently, this industry holds a Zacks Industry Rank of 208, positioning it in the bottom 16% of all 250+ industries.
The Zacks Industry Rank is ordered from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Keep in mind to rely on Zacks.com to watch all these stock-impacting metrics, and more, in the succeeding trading sessions.
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ONEOK, Inc. (OKE): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).
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