13F Pro Quality Score

72.0/100

Rank #241 of 2,879 stocksTOP 10%

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Rankings refresh quarterly once 80% of peers have filed (~45 days after quarter-end). Next update: ~Aug 14, 2026.

Revenue Growth

89.9/100

Profitability

53.5/100

Balance Sheet

69.2/100

Earnings Quality

55.6/100

Free Cash Flow

52.6/100

Institutional Flow

73.5/100

Revenue Scale

95.9/100

Dilution Risk

83.3/100

OKE Stock Analysis & AI Quality Score

AI stock analysis and institutional research for ONEOK INC /NEW/ (OKE), a Energy sector company. 13F Pro's AI-powered ranking engine scores OKE at 72.0/100 on a 32-signal composite quality model, placing it at rank #241 of 2,879 stocks — the top 10% of the AI-ranked universe. OKE scores in the top quartile across revenue scale (95.9), revenue growth (89.9). Based on the latest XBRL financial filings (Q1 2026), ONEOK INC /NEW/ reports quarterly revenue of $9.6B, net income of $774.0M, free cash flow of $70.0M. Top institutional holders of OKE by reported 13-F value include BlackRock,, STATE STREET, VANGUARD CAPITAL MANAGEMENT, based on the most recent SEC filings. OKE trades on the NYSE exchange and files with the SEC under CIK 1039684. 13F Pro's AI research platform runs 10 specialized AI analysts — value, growth, momentum, macro, and activist specialists — that debate OKE daily and publish AI-generated analysis with cited SEC sources. The platform aggregates historical XBRL financial facts, 10-Q and 10-K filings, insider Form 4 transactions, and institutional 13-F holdings for ONEOK INC /NEW/ directly from SEC EDGAR. ONEOK INC /NEW/'s 13F Pro composite quality score has ranged between 8 and 75 since 2021, currently 72.0 — an improving long-term trajectory across 56 quarterly and live scoring snapshots.

Fun facts about ONEOK INC /NEW/

Quirks, history, and lore behind OKE — the kind of stuff that makes a stock memorable.

  • 1
    The Basics
    U.S. midstream energy company · large-cap · listed on the NYSE · headquartered in Tulsa, Oklahoma.
  • 2
    The Numbers
    Operates one of the largest natural gas liquids systems in the country, with roughly 50,000 miles of pipelines — enough to wrap around the Earth twice.
  • 3
    The History
    Its roots trace back to the Oklahoma Natural Gas company, and it has grown through decades of acquisitions and restructurings into a midstream giant.
  • 4
    The Secret
    It's essentially a toll road for hydrocarbons — gathering, processing, and transporting natural gas and NGLs rather than drilling for them, making cash flows relatively predictable.
  • 5
    The Lore
    It acquired Magellan Midstream Partners in a massive deal closing in 2023, creating one of the most expansive pipeline and terminal networks in North America.
  • 6
    The Giveaway
    Based in Tulsa, its ticker rhymes with 'okay,' and after swallowing Magellan it now moves natural gas, NGLs, and refined products across a coast-to-coast network.
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What's Driving OKE's Business? Latest 10-Q Breakdown

AI-extracted from ONEOK INC /NEW/'s 10-Q filed 2026-04-29 — Q1 2026 (quarter ended March 31, 2026). Every figure is machine-verified against the filing text on SEC EDGAR.

Q1 2026 net income of $774M (+22% YoY) driven by higher optimization and marketing activity, NGL volumes, and Refined Products shipments across integrated midstream network.

Biggest Revenue Drivers

Commodity sales$8.445B+22.1% YoY

Higher NGL, Refined Products and natural gas volumes, and higher optimization and marketing activity

Services and other$1.173B+3.7% YoY

Transportation, storage, exchange services and gathering and processing fees

Largest Expense Items

Operations and maintenance$634M-3.2% YoY

Lower operating costs due to methane fees no longer incurred in 2026

Depreciation and amortization$378M-0.5% YoY

Relatively stable across periods

Margins: Operating income increased 17% to $1.428B, driven by higher optimization and marketing activity and increased volumes across all segments. Segment adjusted EBITDA increased to $2.004B (+11% YoY), reflecting higher earnings contributions from Natural Gas Liquids, Natural Gas Pipelines, and Refined Products segments, partially offset by lower commodity prices in Natural Gas Gathering and Processing.

Watch Items from the Filing

  • Powder Springs impairment: Recorded $60M noncash impairment charge on 50% investment in Refined Products and Crude segment joint venture, indicating valuation challenges in that asset.
  • Leverage ratio of 4.2x EBITDA as of March 31, 2026, with covenant extended to 5.5x through Q2 2026 due to recent acquisition, then decreasing to 5.0x, indicating elevated debt levels and covenant constraints.
  • Working capital deficit of $2.3B at March 31, 2026, primarily due to current debt maturities; company expects to refinance via debt issuances and commercial paper program ($1.6B outstanding).
  • Unrealized commodity derivative losses of $198M (net of tax) expected to be reclassified into earnings within 12 months; accumulated other comprehensive loss of $266M as of quarter-end reflects volatile hedging environment.

AI-extracted and verified against SEC EDGAR filing text. Not investment advice.

Revenue

Q1 2026

$9.6B

Net Income

Q1 2026

$774.0M

Free Cash Flow

Q1 2026

$70.0M

ROIC

Q1 2026

2.6%

D/E Ratio

Q1 2026

1.56

Revenue & Net Income

Earnings Per Share

Key Financials Over Time

Export Financial Table · Pro+

Revenue

+55.0% YoY
$33.63BFY 2025
FY22 $22.39BFY23 $17.68BFY24 $21.70BFY25 $33.63B

Net Income

+11.8% YoY
$3.39BFY 2025
FY22 $1.72BFY23 $2.66BFY24 $3.04BFY25 $3.39B

Operating Income

+15.1% YoY
$5.74BFY 2025
FY22 $2.81BFY23 $4.07BFY24 $4.99BFY25 $5.74B

EPS (Diluted)

+4.8% YoY
$5.42FY 2025
FY22 $3.84FY23 $5.48FY24 $5.17FY25 $5.42

Total Assets

+4.0% YoY
$66.64BFY 2025
FY22 $24.38BFY23 $44.27BFY24 $64.07BFY25 $66.64B

Total Debt

+2.7% YoY
$34.06BFY 2025
FY22 $14.53BFY23 $22.18BFY24 $33.16BFY25 $34.06B

Op. Cash Flow

+14.5% YoY
$5.60BFY 2025
FY22 $2.91BFY23 $4.42BFY24 $4.89BFY25 $5.60B

AI Insight: OKE Ratio Trends

Operating margins compressed from 25.1% in Q2 2024 to 14.8% in Q1 2026, while ROIC declined to 10.0% in the latest quarter.

Operating margin declined from 25.1% in Q2 2024 to 14.8% in Q1 2026, a 1030bp compression.

ROIC fell from 12.5% in Q4 2024 to 10.0% in Q1 2026 after briefly recovering to 11.1%.

Debt-to-equity ratio remained relatively stable, fluctuating between 1.39 and 1.95 across the period.

Q1 2026 showed sequential deterioration with operating margin dropping 310bp and ROE falling 350bp quarter-over-quarter.

Net profit margin compressed to 8.1% in Q1 2026 from 10.8% in Q4 2025.

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Available Research

13F Pro tracks comprehensive data for ONEOK INC /NEW/ including:

SEC EDGAR filings (10-K, 10-Q, 8-K)
XBRL financial facts (revenue, EPS, margins)
Insider transactions (Form 4)
Institutional 13F holdings
Quality rankings (32 signals)
AI analyst debates & daily meetings
Historical financial trends
Peer comparison & sector analysis

Top Institutional Holders of OKE

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Is OKE a good stock to buy?

13F Pro's AI-powered analysis of ONEOK INC /NEW/ (OKE) draws on SEC EDGAR-sourced fundamentals, institutional 13F holdings, and insider Form 4 transactions in the Energy sector (listed on NYSE). The 32-signal AI Quality Score, current rank, and full bull/bear verdict for OKE are available on the OKE stock profile dashboard — with the same data, AI insights, ratios, and institutional activity refreshed after every 10-K, 10-Q, 13F, and Form 4 filing.

Which hedge funds own OKE?

Institutional investors are required to disclose their holdings quarterly via SEC Form 13F. 13F Pro aggregates these filings to show which hedge funds, mutual funds, and asset managers are buying or selling OKE. Combined with insider transaction data from Form 4 filings and AI-powered analysis from 10 specialized research agents, 13F Pro provides a comprehensive view of ONEOK INC /NEW/'s investment landscape.