How to Buy Oneok Stock
Oneok Inc
Oneok is a oil & gas midstream company located in Oklahoma, United States, which is part of the Energy sector, and is traded under the ticker OKE on the NYSE exchange.
Oneok stock last closed at $86.23, up 1.69% from the previous day, and has increased 11.01% in one year. It has underperformed other stocks in the Oil & Gas Midstream industry by 0.01 percentage points. Oneok stock is currently +14.25% from its 52-week low of $75.48, and -26.97% from its 52-week high of $118.07.
As of Apr 17, 2025, there are 624.34M OKE shares outstanding. The market capitalization of OKE is $53.84B. In the past 24 hours, 2.76M OKE shares were traded.
How to Buy Oneok Stock
Not sure how to invest in Oneok stock? Here's how.
- Figure out where to buy Oneok stock: You need to pick a stock brokerage, but don't worry - we've tried dozens of online brokerages and apps to help you decide where to buy Oneok stock.
- Open your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've selected.
- Deposit funds into your investment account: Select your payment method and add your info.
- Evaluate Oneok stock: The Oneok ticker symbol is OKE. Is Oneok stock a good investment? Should you buy shares of OKE? How do OKE's underlying business fundamentals look? Do top analysts think Oneok is a good buy? Why has OKE's stock price moved recently? (Hint: Our stock analysis website can help you understand if OKE is a good stock to buy).
- Make your OKE trade: Decide if you will purchase OKE shares at the current market price or use a limit order to purchase OKE shares at a specific price.
- Get the latest scoop on your OKE position: Create a watchlist to monitor your investment in Oneok stock.
Step 1: Figure out where to buy Oneok stock
You need a brokerage account in order to access the NYSE market and buy OKE shares.
Our favorite brokerage: eToro
Based on our research, eToro is the best stock brokerage. Here's why:
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Get $10 towards your share purchase by opening an account with eToro today. This offer is only for US users.
Open eToro AccountStep 2: Open your brokerage account
Now that you've chosen the right brokerage, the next step is to fill out some personal information so you can buy OKE today.
How to Set Up a New Investment Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Input your personal info to create your new trading account.
- Send your information by pressing the "Create Account" button. Get started with eToro today
Step 3: Deposit funds into your investment account
Now that you have finished signing up on stock apps to use, you can securely and quickly fund your account:
Watch the tutorial below if you need help depositing money into your investment account.
Step 4: Evaluate Oneok stock
After you have selected the best place to buy Oneok stock, it's absolutely critical to analyze their stock prior to investing, so you truly understand the risk and upside.
Overview of key OKE info
OKE Due Diligence Checks
WallStreetZen was built to help part-time investors perform more accurate fundamental analysis.
You can see all of the due diligence checks on OKE's stock page.
What is the fair value of OKE stock?
You can use many financial metrics, analyses, models, and charts to gauge OKE's fair value.
Using relative valuations methods:
- OKE could be undervalued based on its P/E ratio of 16.61x, relative to Oil & Gas Midstream industry P/E ratio of 20.11x
- OKE may be overvalued based on its P/B ratio of 3.16x, relative to Oil & Gas Midstream industry P/B ratio of 2.87x
- OKE may be overvalued based on its PEG ratio of 1.98x
You can access more valuation analysis on OKE's stock here.
OKE Financial Overview
Positive Health Checks:
- Total OKE debt is lower than 5 years ago, relative to shareholder equity.
Negative Health Checks:
- OKE earnings of $5.40B is not enough to cover its interest payments.
- OKE profit margin has gone down from 15% to 14% in the past year.
- OKE has a relatively high debt to equity ratio of 2.46.
- There are more long-term liabilities than short-term assets on the OKE balance sheet.
- There are more short-term liabilities than short-term assets on the OKE balance sheet.
- OKE's operating cash flow of $4.89B allows it to safely service it's debt of $32.08B.
Do analysts think it's a good time to buy OKE stock
Out of 8 sell side analysts who give forecasts on OKE, the consensus analyst rating on Oneok is a Buy
It's important to keep in mind that analyst ratings are not stock recommendations, nor are they financial advice.
Latest OKE Analyst Upgrades/Downgrades
Neal Dingmann, a top 7% analyst from Truist Securities maintains OKE with a hold rating and raises their OKE price target from $99.00 to $107.00, on Dec 3, 2024.
Brian Reynolds, a top 17% analyst from UBS maintains OKE with a strong buy rating and raises their OKE price target from $112.00 to $132.00, on Nov 15, 2024.
Sunil Sibal, a top 26% analyst from Seaport Global maintains OKE with a buy rating and raises their OKE price target from $91.00 to $103.00, on Oct 29, 2024.
You can dig deeper into what analysts are saying on the Oneok stock forecast page.
Metrics for Advanced OKE Traders
How is OKE performing as a company?
Last year, OKE earnings were $3.04B. Over the last five year, OKE's earnings have gone up by 10.93% per year. This was slower than the Oil & Gas Midstream industry average of 11.86%.
Last year, OKE revenue was $21.70B. In the last 5 year, OKE's revenue has grown by 16.38% per year. This was faster than the Oil & Gas Midstream industry average of 7.1%.
Learn more about OKE's earnings and revenue performance here.
What are OKE executives and large shareholders up to?
In the past year, executives and large shareholders at OKE have sold more shares than they have bought.
Kevin L. Burdick, Executive Vice President and Chief Enterprise Services Officer of OKE, was the latest OKE insider to sell. They sold $474,019.20 worth of OKE shares on Feb 23, 2025.
Get more info about who owns OKE shares here.
Does OKE provide a stable income stream?
No, Oneok doesn't provide an income stream by paying out dividends.
What others are saying about OKE
One of the primary reasons eToro is our highest-rated brokerage is because of its social trading community.
Click below to find out what other investors have to say.
Step 5: Make your OKE trade
You have two primary options:
- Market order: A market order is an order to buy or sell a stock at the best possible price.
Market orders are generally sufficient. - Limit order: A limit order lets you buy or sell a stock at a specific price (or better).
If you want to ensure you're buying or selling at a particular price, use a limit order.
Press the Open button and your broker will place your order.
If you require additional info about investing in stocks on eToro, click the helpful video below:
Step 6: Get the latest scoop on your OKE position
Now that you own some shares in OKE, you'll want to stay up-to-date on your new stock purchase.
Make a watchlist to track your OKE stock.
OKE Feed
How to Buy Stock in Oneok
To summarize, here are the 6 steps you need to take to buy Oneok stock right now:
- Figure out where to buy Oneok stock
- Open your brokerage account
- Deposit funds into your investment account
- Evaluate Oneok stock
- Make your OKE trade
- Get the latest scoop on your OKE position
If you are looking for a brokerage account, eToro is our favorite option.
Get Started with eToro TodayIf you want to get updates on your new investment in Oneok, create a watchlist on WallStreetZen today.
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