What is the price-to-earnings ratio of ONEOK?
The price-earnings ratio of ONEOK is currently 12.8.
ONEOK P/E 2024
ONEOK P/E
12.8
Ticker
OKE
ISIN
US6826801036
WKN
911060
As of Sep 19, 2024, ONEOK's P/E ratio was 12.8, a 23.2% change from the 10.39 P/E ratio recorded in the previous year.
The ONEOK P/E history
ONEOK Aktienanalyse
What does ONEOK do?
ONEOK Inc is an American company based in Tulsa, Oklahoma. Its history dates back to 1906 when it was founded as the Oklahoma Natural Gas Company. In 1980, it was renamed ONEOK Inc and has since become a leading wholesaler of natural gas and petroleum products in the United States. The business model of ONEOK Inc is based on the production, processing, storage, and transportation of natural gas and petroleum products. The company operates several pipelines that traverse America's major oil and gas fields. These pipelines transport millions of barrels of crude oil and billions of cubic feet of natural gas across the country. ONEOK Inc also has numerous gas processing facilities, including facilities for removing impurities and moisture. The processed products, derived from both raw gas and oil extraction, can then be sold in various forms. Natural gas processing is one of the largest business areas of ONEOK Inc. The company is one of the leading producers of ethane, butane, and propane, which are used in the chemical industry, as fuels, and in agriculture. ONEOK Inc offers a wide range of products and also provides specialty gas products such as hydrocarbons and nitrogen compounds. Another important business area of ONEOK Inc is the storage of natural gas and petroleum products. The company owns several underground storage facilities and tank farms where natural gas and petroleum products are stored. These facilities enable the company to hold large quantities of energy in reserve and ensure reliable supply during peak demand periods. ONEOK Inc also operates its own retail brand, ONEOK Partners LP. This brand offers various products and services, such as household heating, fuel, and propane tanks. Through this brand, the company sells directly to end consumers, to sell its products in local markets. In recent years, ONEOK Inc has focused on aligning its business towards sustainability and renewable energy. The company has started investing in renewable energies such as solar and wind power and constantly seeks opportunities to reduce its emissions. ONEOK Inc also relies on advanced technologies and processes to make its operations more efficient and sustainable. In summary, ONEOK Inc is a key player in the energy industry, serving customers throughout America. The company specializes in the production, processing, storage, and transportation of natural gas and petroleum products and has numerous facilities and pipelines that transport its products across the country. ONEOK Inc is also capable of offering a wide range of products and provides its customers with a variety of services such as storage and household heating. The company has begun to align itself with renewable energies and invest in technologies that reduce its emissions and make its operations more sustainable. ONEOK ist eines der beliebtesten Unternehmen auf Eulerpool.com.P/E Details
Deciphering ONEOK's P/E Ratio
The Price to Earnings (P/E) Ratio of ONEOK is a vital metric that investors and analysts use to determine the company’s market value relative to its earnings. It is calculated by dividing the current stock price by the earnings per share (EPS). A higher P/E ratio could suggest that investors are expecting higher future growth, while a lower ratio may indicate a potentially undervalued company or lower growth expectations.
Year-to-Year Comparison
Assessing ONEOK's P/E ratio on a yearly basis provides insights into the valuation trends and investor sentiment. An increasing P/E ratio over the years signifies growing investor confidence and expectations for future earnings growth, while a decreasing ratio may reflect concerns over the company's profitability or growth prospects.
Impact on Investments
The P/E ratio of ONEOK is a key consideration for investors aiming to balance risk and reward. A comprehensive analysis of this ratio, in conjunction with other financial indicators, aids investors in making informed decisions regarding buying, holding, or selling the company’s stocks.
Interpreting P/E Ratio Fluctuations
Fluctuations in ONEOK’s P/E ratio can be attributed to various factors including changes in earnings, stock price movements, and shifts in investor expectations. Understanding the underlying reasons for these fluctuations is essential for predicting future stock performance and assessing the company's intrinsic value.
Frequently Asked Questions about ONEOK stock
How has the price-earnings ratio of ONEOK changed compared to last year?
The price-to-earnings ratio of ONEOK has increased by 23.2% increased compared to last year.
What consequences does a high price-earnings ratio have for investors?
A high price-to-earnings ratio indicates that the company's stock is relatively expensive and investors may potentially achieve a lower return.
What does a low price-earnings ratio mean?
A low price-earnings ratio means that the company's stock is relatively cheap and investors may potentially achieve a higher return.
Is the price-earnings ratio of ONEOK high compared to other companies?
Yes, the price-to-earnings ratio of ONEOK is high compared to other companies.
How does an increase in the price-earnings ratio of ONEOK affect the company?
An increase in the price-earnings ratio of ONEOK would lead to a higher market capitalization of the company, which in turn would lead to a higher valuation of the company.
How does a reduction in the price-to-earnings ratio of ONEOK affect the company?
A decrease in the price-earnings ratio of ONEOK would result in a lower market capitalization of the company, which in turn would lead to a lower valuation of the company.
What are some factors that influence the price-earnings ratio of ONEOK?
Some factors that influence the price-earnings ratio of ONEOK are the company's growth, financial position, industry development, and the overall economic situation.
How much dividend does ONEOK pay?
Over the past 12 months, ONEOK paid a dividend of 3.82 USD . This corresponds to a dividend yield of about 4.04 %. For the coming 12 months, ONEOK is expected to pay a dividend of 3.56 USD.
What is the dividend yield of ONEOK?
The current dividend yield of ONEOK is 4.04 %.
When does ONEOK pay dividends?
ONEOK pays a quarterly dividend. This is distributed in the months of November, February, May, September.
How secure is the dividend of ONEOK?
ONEOK paid dividends every year for the past 25 years.
What is the dividend of ONEOK?
For the upcoming 12 months, dividends amounting to 3.56 USD are expected. This corresponds to a dividend yield of 3.76 %.
In which sector is ONEOK located?
ONEOK is assigned to the 'Energy' sector.
Wann musste ich die Aktien von ONEOK kaufen, um die vorherige Dividende zu erhalten?
To receive the latest dividend of ONEOK from 8/14/2024 amounting to 0.99 USD, you needed to have the stock in your portfolio before the ex-date on 8/1/2024.
When did ONEOK pay the last dividend?
The last dividend was paid out on 8/14/2024.
What was the dividend of ONEOK in the year 2023?
In the year 2023, ONEOK distributed 3.74 USD as dividends.
In which currency does ONEOK pay out the dividend?
The dividends of ONEOK are distributed in USD.
Stock savings plans offer an attractive way for investors to build wealth over the long term. One of the main advantages is the so-called cost-average effect: by regularly investing a fixed amount in stocks or stock funds, you automatically buy more shares when prices are low, and fewer when they are high. This can lead to a more favorable average price per share over time. In addition, stock savings plans allow small investors access to expensive stocks, as they can participate with small amounts. Regular investment also promotes a disciplined investment strategy and helps to avoid emotional decisions, such as impulsive buying or selling. Furthermore, investors benefit from the potential appreciation of the stocks as well as from dividend distributions, which can be reinvested, enhancing the compounding effect and thus the growth of the invested capital.
The ONEOK stock can be added to a savings plan with the following providers: Trade Republic
Andere Kennzahlen von ONEOK
Our stock analysis for ONEOK Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of ONEOK Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.
