Is ONEOK Inc (OKE) overvalued? · P/E 15, rev $21.70B
ONEOK Inc (OKE) is a oil & gas midstream company listed on NYSE.
This page asks whether ONEOK Inc (OKE) looks expensive on cached numbers — not a short thesis.
Latest reported OKE revenue for 2024-12-31 was $21.70B. Net income was $3.11B. Revenue was up 22.7% from 2023-12-31 to 2024-12-31. OKE currently screens at market cap $53.92B and trailing P/E 15.3.
OKE currently screens at market cap $53.92B and trailing P/E 15.3. A high multiple can be growth prepaid or a bubble. The filing has to explain the gap.
If the next OKE 8-K cuts growth or raises capex, this “expensive” read gets worse. Until then the SEC page is the source.
Not investment advice. Use the OKE stock page for the full model, not this heading.
Not investment advice.