Oneok Inc. (OKE) ended the recent trading session at $86.79, demonstrating a +1.38% change from the preceding day's closing price. The stock outpaced the S&P 500's daily gain of 0.56%. Elsewhere, the Dow gained 0.26%, while the tech-heavy Nasdaq added 0.78%.
The stock of natural gas company has risen by 15.6% in the past month, leading the Oils-Energy sector's gain of 10.77% and the S&P 500's loss of 1.27%.
Market participants will be closely following the financial results of Oneok Inc. in its upcoming release. The company plans to announce its earnings on February 23, 2026. The company is expected to report EPS of $1.49, down 5.1% from the prior-year quarter. Meanwhile, the latest consensus estimate predicts the revenue to be $9.49 billion, indicating a 35.6% increase compared to the same quarter of the previous year.
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 +57.01%, respectively, from the prior year.
It is also important to note the recent changes to analyst estimates for Oneok Inc. Recent revisions tend to reflect the latest near-term business trends. Consequently, upward revisions in estimates express analysts' positivity towards the business operations and its ability to generate profits.
Our research suggests that these changes in estimates have a direct relationship with upcoming stock price performance. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.
The Zacks Rank system, which varies between #1 (Strong Buy) and #5 (Strong Sell), carries an impressive track record of exceeding expectations, confirmed by external audits, with stocks at #1 delivering an average annual return of +25% since 1988. The Zacks Consensus EPS estimate has moved 2.54% lower within the past month. Oneok Inc. is currently sporting a Zacks Rank of #4 (Sell).
Valuation is also important, so investors should note that Oneok Inc. has a Forward P/E ratio of 14.87 right now. This represents a premium compared to its industry average Forward P/E of 12.81.
It is also worth noting that OKE currently has a PEG ratio of 4.86. 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. As the market closed yesterday, the Oil and Gas - Production Pipeline - MLB industry was having an average PEG ratio of 1.79.
The Oil and Gas - Production Pipeline - MLB industry is part of the Oils-Energy sector. At present, this industry carries a Zacks Industry Rank of 191, placing it within the bottom 23% of over 250 industries.
The Zacks Industry Rank assesses the vigor of our specific industry groups by computing the average Zacks Rank of the individual stocks incorporated in the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to use Zacks.com to monitor all these stock-influencing metrics, and more, throughout the forthcoming 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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