Oneok Intrinsic Value Calculation – . is one of the most promising natural gas service providers in the industry.
April 19, 2023
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ONEOK ($NYSE:OKE) Inc. is one of the largest natural gas distribution companies in the United States, providing reliable and affordable services to millions of customers across the country. It is a publicly traded company, listed on the New York Stock Exchange (NYSE). With an impressive track record of growth and profitability, ONEOK Inc. is a highly attractive investment opportunity for investors looking to capitalize on the natural gas sector. The company has continuously delivered strong results and is well-positioned to capitalize on the increasing demand for natural gas services in the future.
In addition, its low cost of operation, combined with its extensive pipeline network and financial stability, makes ONEOK Inc. an attractive investment option for investors looking to capitalize on the long-term growth potential of the natural gas industry. Further, ONEOK Inc. has established itself as a leader in the industry, with a history of innovation and customer service. The company is committed to providing its customers with safe, reliable, and cost-effective natural gas services that meet their needs.
Price History
On Tuesday, ONEOK‘s stock opened at $66.4 and closed at $66.7, representing a 0.5% increase from its last closing price of $66.4. This marks the latest in a series of positive performances for ONEOK, which has demonstrated strong financial performance and gains in market share throughout the pandemic period. The company’s impressive portfolio includes investments in pipeline infrastructure, gas processing facilities, and storage assets – all of which seek to capitalize on the growing demand for natural gas services.
ONEOK has also developed strategic partnerships with leading energy companies, including ExxonMobil and Chevron, to further expand its reach and increase its operational capacity. The company’s commitment to investing in innovative solutions and technologies has enabled it to drive sustainable growth and long-term value for their shareholders, making it an attractive investment opportunity for those looking for reliable returns. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Oneok. More…
| Total Revenues | Net Income | Net Margin |
| 22.39k | 1.72k | 7.7% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Oneok. More…
| Operations | Investing | Financing |
| 2.91k | -1.14k | -1.69k |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Oneok. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 24.38k | 17.89k | 14.52 |
Key Ratios Snapshot
Some of the financial key ratios for Oneok are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 30.1% | 13.6% | 13.1% |
| FCF Margin | ROE | ROA |
| 7.6% | 28.6% | 7.5% |
Analysis – Oneok Intrinsic Value Calculation
At GoodWhale, we have performed an analysis of ONEOK‘s well-being and determined that the fair value of their share is around $78.6. This was calculated using our proprietary Valuation Line which is designed to ascertain an accurate market value for a company’s shares. Currently, ONEOK stock is being traded at $66.7, which is a fair price but one that is undervalued by 15.2%. With this in mind, we recommend that investors consider adding ONEOK to their portfolios. More…
Peers
ONEOK Inc is a company that operates in the energy sector. The company is involved in the gathering, processing, storage, and transportation of natural gas and natural gas liquids. The company has operations in the United States, Canada, and Mexico. The company’s competitors include Kinder Morgan Inc, Energy Transfer LP, Enterprise Products Partners LP.
– Kinder Morgan Inc ($NYSE:KMI)
Kinder Morgan, Inc. is one of the largest energy infrastructure companies in North America. It owns or operates an extensive network of pipelines and terminals that transport petroleum products, natural gas, and other products. The company also owns and operates a fleet of liquefied natural gas (LNG) carriers. Kinder Morgan has a market capitalization of $40.72 billion as of 2022 and a return on equity of 7.82%. The company is headquartered in Houston, Texas.
– Energy Transfer LP ($NYSE:ET)
Energy Transfer LP is a publicly traded partnerships that owns and operates energy infrastructure assets in the United States. The company’s assets include natural gas pipelines, natural gas gathering and processing facilities, and crude oil pipelines. Energy Transfer LP is headquartered in Dallas, Texas.
– Enterprise Products Partners LP ($NYSE:EPD)
Enterprise Products Partners LP is a publicly traded partnership that owns and operates a diversified portfolio of energy assets. The company has a market cap of 54.94B and a ROE of 15.44%. The company’s operations are focused on natural gas, crude oil, and NGL (natural gas liquids) transportation, storage, and processing. The company also owns and operates a network of natural gas pipelines and gathering systems, as well as crude oil and NGL terminals and storage facilities.
Summary
ONEOK Inc. is a promising natural gas service provider for investors, offering strong growth potential. Not only does it serve as a reliable source of energy, but its stock has also seen steady appreciation in the past few years and is bolstered by a strong balance sheet with low debt and a high dividend yield.
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