Is ONEOK (OKE) Cheap at 14 Times Next Year’s Earnings?

insidermonkey.com · 2026-10-19

ONEOK, Inc. (NYSE:OKE) closed at $93.31 on October 16.

TickrTrends take: ONEOK trades at 14 times forward earnings, which aligns with TickrTrends' assessment that the stock is fairly valued for the Energy sector. An investor focused on valuation metrics would benefit from monitoring whether earnings estimates for the coming year shift materially, as changes to forward guidance could alter the multiple's reasonableness relative to sector peers and historical averages. The current valuation leaves limited margin of safety for those seeking deeply discounted entry points, while also suggesting downside protection if sector fundamentals remain stable.

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