OKE — ONEOK Inc

Stock analysis, trade plans, and proprietary indicators by Trend Edge.

Trend Edge Setup Score

Trend Edge rates OKE Bullish with a Setup Score of 31, net conviction 22, actionability 44. How the Setup Score works →

Total Setup Score31
Directional BiasBullish
Net Conviction22
Actionability44 (in range)

Key signals behind this score

About ONEOK Inc

ONEOK, Inc. operates as a midstream service provider of gathering, processing, fractionation, transportation, storage, and marine export services in the United States. It operates in four segments: Natural Gas Gathering and Processing; Natural Gas Liquids; Natural Gas Pipelines; and Refined Products and Crude. The company owns natural gas gathering pipelines and processing plants in the Mid-Continent, Permian Basin, North Texas, Gulf Coast region… Read full Trend Edge analysis →

Trend Edge Proprietary Indicators

Key Metrics

Current Price$91.70
Market Cap$59.63B
Float628.5M
Shares Outstanding630.4M
P/E (Forward)16.53
P/E (TTM)16.60
Price/Sales (TTM)1.51
vs. Analyst Target+5.2% to analyst PT
Profit Margin9.29%
Operating Margin (TTM)13.25%
Revenue (TTM)$39.37B
Earnings Growth (YoY)14.20%
Dividend Rate4.3%
Analyst Target Price$96.48 (19 analysts)

Financial History

Annual Revenue & Earnings History

YearRevenueNet IncomeGross ProfitEBITDA
2020 $8.46B $613M $2.03B $2.00B
2021 $17.27B $1.50B $3.02B $3.30B
2022 $22.87B $1.72B $3.12B $3.52B
2023 $17.68B $2.66B $5.75B $5.11B
2024 $21.64B $3.04B $5.05B $6.59B
2025 $33.63B $3.40B $7.22B $7.79B

Recent Quarterly Revenue & Net Income

QuarterRevenueNet Income
Sep 2025 $8.63B $939M
Dec 2025 $9.06B $979M
Mar 2026 $9.62B $774M
Jun 2026 $12.05B $966M

Ownership & Float

Insider Ownership0.2%
Institutional Ownership84.8%
Short Float4.7%
% of All Funds Holding18.70%
Number of Funds Holding1,645

Current Moving Averages

Trend Edge tracks near-term, medium-term, cyclical, and secular moving averages across weekly and monthly timeframes to identify trend structure at every horizon.

TimeframeSMAValueTrend Context
Weekly10-Week SMA$91.09Near-term / short-term trend
Weekly40-Week SMA$85.14Medium-term trend
Weekly80-Week SMA$82.73Cyclical trend (business cycle)
Weekly200-Week SMA$78.86Secular trend (multi-year)
Monthly10-Month SMA$84.45Near-term monthly trend
Monthly20-Month SMA$84.22Medium-term monthly trend
Monthly40-Month SMA$81.14Secular monthly trend

Volume Shelves — Support & Resistance

Trend Edge identifies volume shelves: price zones where historically elevated trading volume creates structural support or resistance. A volume shelf forms when a disproportionate share of cumulative volume was transacted at a specific price level, making it a high-conviction anchor for future price reactions.

Price LevelTypeVolume RatioAge
$77.00 support 1.17x 5 months ago
$74.00 support 1.11x 6 months ago
$66.00 support 1.05x 8 months ago
$98.00 resistance 1.40x 15 months ago
$113.00 resistance 1.04x 19 months ago

Historical Earnings Reactions (126 events)

TimeframeAvg ReturnMedianWin RateBestWorst
Gap 0.12% 0.21% 57.94% 7.93% -5.57%
1 Day -0.32% -0.23% 42.86% 6.65% -6.80%
1 Week -0.13% 0.10% 50.79% 13.08% -15.80%
2 Weeks 0.27% 0.04% 50.79% 22.52% -49.34%
1 Month 1.83% 2.56% 59.20% 34.02% -67.55%

Next earnings: August 3, 2026

Seasonality & Day-of-Week Patterns

Monthly Seasonality

MonthAvg ReturnWin RateSamples
Jan0.5%52.2%46
Feb-0.6%45.7%46
Mar0.7%63.0%46
Apr3.1%67.4%46
May1.9%60.9%46
Jun1.4%58.7%46
Jul1.5%63.0%46
Aug0.0%51.1%45
Sep0.4%55.6%45
Oct0.6%53.3%45
Nov2.1%56.5%46
Dec0.1%54.3%46

Day-of-Week Tendencies

DayAvg ReturnWin RateSamples
Monday 0.02% 47.0% 2187
Tuesday 0.08% 47.5% 2372
Wednesday 0.04% 47.4% 2370
Thursday 0.03% 48.9% 2325
Friday 0.08% 49.6% 2311

Top Institutional Holders

Institutional holder breakdown coming soon.

Total institutional ownership: 84.8%

Insider Transactions — Smart Summary

Total insider ownership: 0.2%

12-Month Insider Activity Summary

Total Filings1
Net Value+N/A
Net Shares Change2,500
% of Float0.0%
C-Suite Filings0
Clusters Detected0

Key Insiders

NameTitleNet ValueFilingsActivity
DERKSEN BRIAN L +$165,000 1 1 buy

Significant Filings

DateInsiderTitleNet ValuePrice After
2025-11-05 DERKSEN BRIAN L +$165,000 Transaction at $66.00, now +38.9%

View full insider transaction history on Trend Edge →

AI Consult Analysis

Trend Edge's AI Consult feature delivers a comprehensive, multi-layer trade plan for ONEOK Inc (OKE) powered by Claude Opus — Anthropic's most capable AI model. The analysis covers five layers: technical analysis (near-term, medium-term, cyclical, and secular trend, momentum, volume shelf support and resistance, breakout and breakdown signals), qualitative analysis (business model, competitive moat, sector dynamics), insider sentiment (buy and sell signals from executive and director transactions), share stats analysis (institutional accumulation, fund positioning, short float squeeze potential), and fundamental analysis (valuation, revenue growth, profit margin, earnings quality).

AI Consult synthesizes all five layers into a single bullish or bearish thesis with explicit entry, exit, stop loss, and take profit levels — giving you a complete, AI-powered trade plan with defined risk/reward. Whether you are building a long position, initiating a short, or looking for a reversal setup, AI Consult identifies the highest-probability signal from the current trend.

Get the full AI Consult analysis for OKE on Trend Edge →