ONEOK

ONEOK Enterprise Value

The Enterprise Value (EV) of ONEOK (OKE) as of Oct 20, 2026 is 86.92 B USD. In the previous year, Enterprise Value (EV) was 85.53 B USD — a change of 1.63% (higher).

Enterprise Value

86.92 BUSD

YoY

1.63%

Last updated:

Enterprise Value (EV) of ONEOK is 2025 86.92 B USD. Enterprise Value (EV) of ONEOK was 2024 85.53 B USD. It decreases by 1.63% higher compared to the previous year.

The ONEOK Enterprise Value history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

Enterprise Value
Date
Enterprise Value
Jan 1, 2018
63.58 B USD
Jan 1, 2019
66.90 B USD
Jan 1, 2020
67.92 B USD
Jan 1, 2021
67.70 B USD
Jan 1, 2022
67.61 B USD
Jan 1, 2023
75.51 B USD
Jan 1, 2024
85.53 B USD
Jan 1, 2025
86.92 B USD
The ONEOK Enterprise Value history
YEAREnterprise ValueYoY
86.92 BUSD+1.63%
85.53 BUSD+13.26%
75.51 BUSD+11.69%
67.61 BUSD-0.14%
67.70 BUSD-0.32%
67.92 BUSD+1.53%
66.90 BUSD+5.22%
63.58 BUSD+0.47%
63.28 BUSD-0.14%
63.38 BUSD+0.49%
63.07 BUSD+1.35%
62.23 BUSD—

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ONEOK Stock analysis

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 is one of the most popular companies on Eulerpool.

Frequently Asked Questions about ONEOK stock

Enterprise Value (EV) of ONEOK is 86.92 B USD in 2025.

Enterprise Value (EV) of ONEOK changed from 85.53 B USD to 86.92 B USD, representing a 1.63% change. The value is higher than the previous year.

On Eulerpool you can find the complete historical development of Enterprise Value (EV) ONEOK since 2006 – with annual values, charts, and detailed analysis.

Enterprise Value represents the total value of a company, including both equity and debt, minus cash. It provides a more comprehensive picture than market capitalization alone.

EV = Market Capitalization + Total Debt - Cash & Equivalents

To evaluate Enterprise Value (EV)'s USD, it is essential to compare it with peers in the same industry and sector. On Eulerpool, you can find direct industry comparisons for Enterprise Value (EV).

A 'good' USD varies by industry and company stage. On Eulerpool, you can compare Enterprise Value (EV)'s ONEOK with sector peers and the industry average to assess whether it is attractive.

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Valuation — ONEOK

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