Wall Street analyst estimates for ONEOK, Inc. (OKE): consensus price target, buy/hold/sell recommendations and forecasts for revenue and EPS for the upcoming fiscal years.
ONEOK, Inc., along with its subsidiaries, functions as a leading energy infrastructure company within the United States. Its primary focus is the comprehensive management of natural gas, encompassing gathering, processing, storage, and transportation. These operations are structured into three distinct segments: Natural Gas Gathering and Processing, Natural Gas Liquids (NGL), and Natural Gas Pipelines.
Consensus price target
$100.00 (+3 % vs price $97.07)
between $88.00 and $112.00 · 15 targets published in the last quarter
Closing price, Oct 30
A twelve-month target is not a fair value: compare it with the range in the Valuation tab.
Revenue and EPS estimates
| Fiscal year | Revenue (average) | Revenue (low – high) | EPS (average) | Analysts |
|---|---|---|---|---|
| 2026E | $43.6B | $39.1B – $47.0B | $5.96 | 6 |
| 2027E | $41.9B | $36.2B – $49.0B | $6.14 | 13 |
| 2028E | $43.0B | $33.7B – $53.4B | $6.88 | 12 |
Figures in USD · consensus as of November 2, 2026
Analyst Consensus
| Strong Buy | 0 |
| Buy | 17 |
| Hold | 22 |
| Sell | 0 |
| Strong Sell | 0 |
| Total analysts | 39 |
| Avg rating (−2 sell to +2 buy) | 0.44 |
Recent Earnings Surprises
| Date | EPS Actual | EPS Est. | vs Est. |
|---|---|---|---|
| 2027-02-22 | $1.49 | ||
| 2026-10-27 | $2.13 | $1.50 | +42.0% |
| 2026-08-03 | $1.53 | $1.46 | +4.8% |
| 2026-04-28 | $1.23 | $1.30 | -5.4% |
| 2026-02-23 | $1.55 | $1.50 | +3.3% |
| 2025-10-28 | $1.49 | $1.44 | +3.5% |
| 2025-08-04 | $1.34 | $1.33 | +0.8% |
| 2025-04-29 | $1.04 | $1.24 | -16.1% |
Valuation Ratios
| P/E Ratio | 15.07 |
| Price / Book | 2.63 |
| Dividend Yield | 4.37% |
Income Statement (10y)
| Year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $8.89B | $12.24B | $12.62B | $10.11B | $8.46B | $17.27B | $22.87B | $17.68B | $21.64B | $33.63B |
| Cost of Revenue | $7.56B | $10.64B | $10.65B | $8.13B | $6.43B | $14.25B | $19.75B | $11.93B | $16.59B | $26.41B |
| Gross Profit | $1.34B | $1.60B | $1.97B | $1.99B | $2.03B | $3.02B | $3.12B | $5.75B | $5.05B | $7.22B |
| Research & Development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Selling, General & Admin | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Operating Expenses | $88.8M | $98.4M | $103.9M | $119.2M | $125.0M | $166.7M | $85.2M | $1.68B | $29.0M | $251.0M |
| Operating Income | $1.25B | $1.51B | $1.86B | $1.87B | $1.90B | $2.85B | $3.03B | $4.07B | $5.02B | $6.97B |
| EBITDA | $1.80B | $1.91B | $2.40B | $2.60B | $2.00B | $3.30B | $3.52B | $5.11B | $6.59B | $7.79B |
| Interest Expense | $450.4M | $464.6M | $451.3M | $468.5M | $619.2M | $693.0M | $641.7M | $845.0M | $1.35B | $1.78B |
| Pre-tax Income | $958.0M | $1.04B | $1.52B | $1.65B | $802.3M | $1.98B | $2.25B | $3.50B | $4.11B | $4.49B |
| Income Tax | $212.4M | $447.3M | $362.9M | $372.4M | $189.5M | $484.5M | $527.4M | $838.0M | $998.0M | $1.03B |
| Net Income | $352.0M | $387.8M | $1.15B | $1.28B | $612.8M | $1.50B | $1.72B | $2.66B | $3.04B | $3.40B |
| EPS | $1.67 | $1.30 | $2.80 | $3.09 | $1.42 | $3.36 | $3.85 | $5.49 | $5.19 | $5.43 |
| EPS (Diluted) | $1.66 | $1.29 | $2.78 | $3.08 | $1.42 | $3.35 | $3.84 | $5.48 | $5.17 | $5.42 |
| Shares Outstanding (Diluted) | 212.4 M | 299.8 M | 414.2 M | 415.4 M | 431.8 M | 447.4 M | 448.4 M | 485.4 M | 586.5 M | 631.2 M |
Price
| Price | $97.07 (closing price, October 30, 2026) |
| Market Cap | $61.2B |
| Exchange | NYSE |
| Country | US |
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Explore sector: Energy · Oil & Gas Midstream
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