OKE Stock Summary and Trading Ideas (Oneok | NYSE:OKE)

Oneok is a diversified midstream service provider specializing in natural gas gathering, processing, storage, and transportation, as well as natural gas liquids transportation and fractionation. It also operates in the refined product and crude oil segment, connecting producers, refiners, and consumers. Operations are in the midcontinent, Permian, and Rocky Mountain regions.

Oneok trades on the NYSE stock market under the symbol OKE.

As of October 16, 2026, OKE stock price climbed to $93.31 with 2,710,547 million shares trading.

OKE has a beta of -1.02, meaning it tends to be less sensitive to market movements. OKE has a correlation of 0.16 to the broad based SPY ETF.

OKE has a market cap of $58.77 billion. This is considered a Large Cap stock.

Last quarter Oneok reported $12 billion in Revenue and $1.53 earnings per share. This beat revenue expectation by $3 billion and exceeded earnings estimates by $.07.

In the last 3 years, OKE traded as high as $118.07 and as low as $63.33.

The top ETF exchange traded funds that OKE belongs to (by Net Assets): VTI, SCHD, VOO, XLE, VO.

OKE has outperformed the market in the last year with a price return of +45.1% while the SPY ETF gained +16.7%. However, in the short term, OKE had mixed performance relative to the market. It has underperformed in the last 3 months, returning +1.5% vs +1.9% return in SPY. But in the last 2 weeks, OKE shares have fared better than the market returning +6.2% compared to SPY -0.8%.

OKE support price is $89.09 and resistance is $92.21 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that OKE shares will trade within this expected range on the day.