Oneok Inc.
OKE
Market Cap$46.31B
Close$
Earnings Call Q4 2023
February 27, 2024 - AI Summary
ONEOK reported strong financial performance in Q4 2023 and full year 2023, with net income of $688 million and $2.7 billion respectively.
The company provided guidance for 2024, including a net income midpoint of over $2.8 billion, an EPS midpoint of $4.88 per diluted share, and an adjusted EBITDA midpoint of $6.1 billion.
ONEOK expects double-digit adjusted EBITDA growth in 2024, driven by higher earnings from all business segments and the realization of synergies from the Magellan acquisition.
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$-12.64
116.2% downside
Current Fair Value
116.2% downsideOvervalued by 116.2% based on the discounted cash flow analysis.
Share Statistics
| Market cap | $46.31 Billion |
|---|---|
| Enterprise Value | $67.63 Billion |
| Dividend Yield | $3.7741 (4.76%) |
| Earnings per Share | $5.48 |
| Beta | 0.71 |
| Outstanding Shares | 583,639,669 |
| Avg 30 Day Volume | 2,951,992 |
Return
| Return on Equity | - |
|---|---|
| Return on Assets | - |
| Return on Invested Capital | - |
Valuation & Multiples
| P/E Ratio | 17.42 |
|---|---|
| PEG | 41.52 |
| Price to Sales | 2.6 |
| Price to Book Ratio | 2.78 |
| Enterprise Value to Revenue | 3.83 |
| Enterprise Value to EBIT | 15.26 |
| Enterprise Value to Net Income | 25 |
| Total Debt to Enterprise | 0.32 |
| Debt to Equity | 1.31 |
Revenue Sources
No data
ESG Score
No data
About Oneok Inc.
CEO: Terry Spencer