Does OKE pay a dividend and is it safe?

ONEOK Inc. (OKE) offers a 4.28% cash dividend yield ($3.96 annualized) and 6.08% total shareholder yield including buybacks. Roarable rates its payout coverage as SAFE COVERAGE.

Stock Ratings / Energy / OKE / dividends

CVE (69) FANG (69) OXY (67) DVN (81) ⌘ Pro Terminal →

ONEOK Inc. (OKE) Dividend Safety Gauge & 10-Year DRIP Compounder

$92.52 -4.69% NYSE • Live Quote vs Prior Daily Close (Synced Snapshot) EXT / AFTER-HRS: $91.56

ONEOK Inc. (OKE) carries a Roarable Rating of C (Hold) with 64/100 RQD Confidence. The composite score sits in the neutral Hold band (59–69), meaning current holders don’t need to panic-sell while prospective buyers can wait for a move into the 70+ Buy zone.

ROARABLE C • HOLD / WATCH Cap $61.20B

📤 Share Live RQD Speedometer Card: 𝕏 Post Reddit StockTwits ⬇ Live SVG Card

⚡ INSTANT AI QUANT PREVIEW • $0 FREE TIER Click Any Pre-Computed AI Quant Specialist Briefing on OKE Below — or Connect Your Own ChatGPT / Claude

🤖 Mara Quenwick • AI Quant Lead (Click for Instant Brief) Is OKE stock a Buy, Hold, or Sell right now according to Roarable's RQD model?

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As of 2026-11-03, ONEOK Inc. (NYSE: OKE) is rated C (Hold / HOLD) by Roarable's 5-pillar RQD engine with a composite confidence score of 64/100 at a spot price of $92.52 (-4.69% 1D, market cap $61.20B). Pillar breakdown: Fundamental Cash Engine 8/20, Institutional 13F & Options Flow 17/20, SEC Balance-Sheet Forensics 12/20, FRED Macro Regime Fit 11/20, and Executive Insider Alignment 16/20. Across 211 tracked Energy issuers, OKE ranks #69 in composite RQD confidence.

✓ Pre-computed one-to-many AI Quant brief

🤖 Ellis Vennor • AI Peer & Flow Quant (Click for Instant Brief) How does OKE compare to CVE and FANG in the Energy sector?

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Within the Energy sector (Oil & Gas Production), OKE carries a Roarable C (64/100 RQD), trailing P/E of 17.8x, gross margin of 30.5%, and ROIC of 8.5%. By comparison, CVE (Cenovus Energy Inc) holds a C+ grade (69/100 RQD, P/E 32.8x, ROIC 9.9%, cap $61.37B) and FANG (Diamondback Energy Inc.) posts a C+ grade (69/100 RQD, P/E 37.4x, ROIC 2.0%, cap $59.39B). Among the 5-stock peer group, OKE leads on earnings multiple (17.8x) while DVN leads on capital efficiency (11.8% ROIC).

✓ Pre-computed one-to-many AI Quant brief

🤖 Gideon Ashmere • AI SEC 10-K Forensics (Click for Instant Brief) What are the biggest fundamental strengths and SEC risk factors for OKE?

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Per OKE's SEC EDGAR XBRL 10-K filing (FY2025, filed 2025-12-31, CIK 0001039684), ONEOK Inc. generated $33.63B in revenue (+55.0% YoY), $3.39B in net income, and $2.45B in free cash flow against $66.64B in total assets and $30.75B in total debt. Key quantitative strengths: Big institutional funds and options desks are actively positioning on the bullish side. Primary risk factors monitored: Recent SEC filings added new risk-factor disclosures that warrant keeping an eye on margins. Institutional options positioning shows a 50% call / 50% put premium split.

✓ Pre-computed one-to-many AI Quant brief

🤖 AI Quant Disclosure: Roarable Analysts are proprietary AI Quant Specialists — not human financial advisors. Pre-computed one-to-many briefings above are free; interactive 1-on-1 Q&A, custom AI sifting/indicator alerts, and personal ChatGPT/Claude MCP connections require a $9.95/mo Pro account (currently waitlist-only).

INTERACTIVE SCENARIO DECK:

🛡️ Portfolio Crash X-Ray

EXT / AFTER-HRS: $91.57 (-1.03%)🧬 Cannibal Buyback (-2.36% YoY Shares)⚙️ Cash Engine: 8/20 (D-) • 7.3% FCF Margin

Verify 90D Bucket Audit →

📊 Historical Track Record: Scores of 64/100 (C) historically posted market-perform odds over rolling 90-day windows (+1.1% avg 90D alpha vs SPY • 55.2% hit rate — wait for RQD ≥ 70 breakout).

Audit Bucket Track Record →

RQD QUANT TACHOMETERHOLD / WATCH • C

JEV AI Jury Split (Battleground)

Cash

SEC

Whale

Impersonal quantitative research (0–100 RQD rubric) — not individualized investment advice. Past performance does not guarantee future results. Full Disclaimer

5-PILLAR SNOWFLAKE RADARRw C+ · Rk D+

Each axis scored 0–20

12M PRICE TARGET CONE+2.7% Base Target

WHALE OPTIONS SNAPSHOT: — (No Active Options Snapshot on file for OKE)Realized 20D OHLCV Swing Band: ±4.7%

Deterministic 5-Pillar Attribution (64/100 Composite)

🔍 WHY OKE SCORES 64/100 (C) — TOP 3 DRIVERS2 Bullish Pillars + #1 Risk Drag

▲ #1 Bullish Driver: Whale & Options Positioning+17/20 pts (27% of score)

20D Institutional Volume Accumulation (±4.7% realized swing band)

▲ #2 Bullish Driver: Insider Conviction & Share Dilution+16/20 pts (25% of score)

SEC Form 4 / 13F Thermometer: 80% Net Buy • Cannibal Buyback (-2.36% YoY Shares)

▼ #1 Drag / Risk Factor: Cash Engine Quality8/20 pts (-12 pt drag)

Capital intensity & 17.1% operating margin leave 12 pts on the table

📈 PAST 4 QUARTERS RQD vs SUBSEQUENT RETURNQ1 → Q2 → Q3 → Current

Q1 (-3Q)

Grade C$91.97+1.3% Next Q

Q2 (-2Q)

Grade C$93.12+1.5% Next Q

Q3 (-1Q)

Grade C$94.54-2.1% Next Q

Current

Grade C$92.52+1.1% Hist 90D α

Trajectory: C (56) → C (64)Full Audit →

⚔️ ADVERSARIAL OPPOSING CASE & FORENSIC KILL-SWITCH (WHY THE BULL/BEAR THESIS COULD FAIL)GIDEON ASHMERE // FORENSIC SHORT & KILL-SWITCH DOSSIER

⚔️ Adversarial Opposing Case: Why the OKE Bull Thesis Could Fail

Gideon Ashmere Forensic Desk →

Even with a 64/100 (C) score, OKE faces multiple-compression risk if 17.8x trailing P/E re-rate toward historical sector medians or if hyperscaler/enterprise customer concentration slows in upcoming 10-Q filings.

⚠️ Forensic Kill-Switch #1

Recent SEC filings added new risk-factor disclosures that warrant keeping an eye on margins.

⚠️ Forensic Kill-Switch #2

Dilution & Margin Drag: Cannibal Buyback (-2.36% YoY Shares) — any gross margin slip below 28.0% triggers an automatic RQD downgrade.

⚠️ Forensic Kill-Switch #3

Technical & Forensic Kill-Switch: A daily close below the 50D SMA ($93.04) or 200D SMA ($89.06) invalidates the momentum regime and cuts Target Base ($95.02) toward Bear Floor ($74.12).

🎲 LIVE PREDICTION MARKET ODDS TIED TO $OKE• $2.4M Crowd Pool • Kalshi / Polymarket Composite

Contract: “OKE Beats Next Quarter EPS Consensus (Dec 30, 2026) & Holds Above 200D SMA”

YES 64%NO 36%Trade / Inspect Odds →

CASH DIVIDEND + BUYBACK YIELD

6.08% Total Yield

4.28% Cash ($3.96/yr) + 1.8% Buybacks

PAYOUT SAFETY SPEEDOMETER

68/100 • SAFE COVERAGE

FREE CASH FLOW PAYOUT RATIO

68.7% of FCF

8 consecutive years of payout growth

INTERACTIVE DRIP & SHAREHOLDER-YIELD COMPOUNDER (20.6% EST. ANNUAL)

$10,000 Compounded Over 10 Years → $65,084

Est. Year-10 Shareholder Yield: $3,957/yr

Starting Investment: $10,000

Compounding Horizon: 10 Years

$12.1K

Yr 1

$14.5K

Yr 2

$17.5K

Yr 3

$21.2K

Yr 4

$25.5K

Yr 5

$30.8K

Yr 6

$37.1K

Yr 7

$44.7K

Yr 8

$54.0K

Yr 9

$65.1K

Yr 10

ON-DEMAND RQD QUANT WORKSHOP • SPONSORED / PARTNER SPOTLIGHTHosted by Perry Belcher + Cash-Flow & Quality Compounder Desk

Cash-Fortress Compounders: Auditing Free Cash Flow & Yield Safety in OKE & A-Rated Leaders

✓12-month Bull/Base/Bear fair-value walkthrough on OKE and its top sector peer
✓Top Roarable A-Rated cash compounders with verified executive & 13F accumulation
✓Includes nightly RQD rating-change & forensic signal email alerts

RQD INSIDER CLUB WAITLIST$49/YR PLANNED

Want Custom AI PineScript / Python Indicators & Priority Rating-Change Alerts?

Join Founding VIP Waitlist (No Card Required) →$100K Arena

OKE // CANDLESTICK & AUTO-TRENDLINE WORKSTATION6M: +2.09%📐 HORIZONTAL RANGE

2026-11-03O $95.82H $97.07L $92.52C $92.52VOL 4.05M

RES: $97.49SUP: $84.51SMA50: $93.04SMA200: $89.06

PRIMARY-SOURCE FORENSICS, SECOND-ORDER LINKS & AI ANALYST DESK

OKE Dilution Monitor, Expectations Hurdle, Butterfly Connections & Policy Exposure

🦋 OKE Butterfly Map → + Track OKE →

Share Count & Dilution Monitor

Multi-year comparable XBRL diluted share count not disclosed (ETF or recent listing).

Reverse-DCF Expectations Hurdle

10.9%/yr Implied 5Y Growth

vs. +55.0% actual YoY revenue growth (assuming 9.25% cost of equity & 16.5x terminal multiple).

Ellis Vennor Setup Ledger

No active Ellis Vennor swing setup published on OKE today. View full Setup Ledger →

🦋 Documented & Second-Order Butterfly Connections Open Graph →

No direct multi-tier Butterfly edges indexed yet for OKE. Explore sector supply chains on /butterfly.

AI Analyst Theses, Washington Policy & Company Video

🎬 No recent verified company-specific video clip queued for OKE today (we never pad ticker pages with unrelated generic clips). Browse Macro Video Desk →

DETERMINISTIC MULTI-FACTOR EQUITY AUDIT • SEC EDGAR XBRL × RQD PEER BENCHMARK

📊 Quantitative Sector Peer Comparison, SEC Filing Delta & Investment FAQ (OKE)

Energy Rank #69 of 211 ⚔️ CVE vs OKE Full Matrix →

1. Head-to-Head Energy Peer Comparison (OKE vs. CVE, FANG, OXY, DVN)

Industry: Oil & Gas Production (106 Tracked Issuers)

Across 211 tracked Energy securities in the Roarable RQD universe, ONEOK Inc. (OKE) ranks #69 by composite RQD confidence (64/100, grade C) and #29 by equity capitalization ($61.20B). Within this direct 5-issuer industry benchmark cohort, OKE leads on earnings valuation at 17.8x trailing P/E, while DVN leads on capital efficiency and profitability with 11.8% ROIC and — gross margin. DVN currently holds the highest overall quantitative score in the immediate peer group at 81/100 (A-) compared with OKE at 64/100 (C).

Ticker / Company	Roarable Grade	RQD Score	Trailing P/E	Gross Margin	ROIC	1D Change	Market Cap	Head-to-Head
OKE ACTIVE ONEOK Inc.	C	64/100	17.8x	30.5%	8.5%	-4.69%	$61.20B	Benchmark Subject
CVE Cenovus Energy Inc	C+	69/100	32.8x	—	9.9%	-6.26%	$61.37B	/cve-vs-oke →
FANG Diamondback Energy Inc.	C+	69/100	37.4x	—	2.0%	-5.82%	$59.39B	/fang-vs-oke →
OXY Occidental Petroleum Corporation	C+	67/100	26.9x	—	4.3%	-5.12%	$63.98B	/oxy-vs-oke →
DVN Devon Energy Corporation	A-	81/100	21.3x	—	11.8%	-6.75%	$57.37B	/dvn-vs-oke →

2. Multi-Year SEC XBRL Revenue, Cash Flow & Balance-Sheet Trajectory (FY2023–FY2025)

SEC EDGAR 10-K • FILED 2025-12-31 • CIK 0001039684 ↗

In its most recent audited fiscal period (FY2025, filed 2025-12-31), ONEOK Inc. (OKE) reported GAAP revenue of $33.63B (+55.0% vs. FY2024 revenue of $21.70B , and +90.2% cumulative change since FY2023) , GAAP net income of $3.39B, operating cash flow of $5.60B, and free cash flow of $2.45B (-14.6% YoY). On the balance sheet, OKE closed FY2025 with $66.64B in total assets against $30.75B in total debt (Altman Z-Score: 1.94, Piotroski F-Score: 6/9).

Fiscal Period	Filing Date	Revenue	Net Income	Operating Cash Flow	Free Cash Flow	Total Assets	Total Debt
FY2025 (FY)	2025-12-31	$33.63B	$3.39B	$5.60B	$2.45B	$66.64B	$30.75B
FY2024 (FY)	2024-12-31	$21.70B	$3.04B	$4.89B	$2.87B	$64.07B	$31.02B
FY2023 (FY)	2023-12-31	$17.68B	$2.66B	$4.42B	$3.63B	$33.23B	$7.77B

3. OKE Data-Verified Investor FAQ (RQD Rating, Sector Peers, SEC Forensics & Technicals)

✓ SCHEMA.ORG FAQPAGE JSON-LD ENABLED

Is OKE stock a Buy, Hold, or Sell right now according to Roarable's RQD model?

How does OKE compare to CVE and FANG in the Energy sector?

What are the biggest fundamental strengths and SEC risk factors for OKE?

Where is OKE trading relative to its 50-day, 200-day, and 52-week technical levels?

OKE last traded at $92.52 (-4.69% on volume of 3,535,049 shares), positioning the stock -0.56% below its 50-day simple moving average ($93.04) and +3.89% above its 200-day simple moving average ($89.06). Across its 52-week range of $64.02 to $99.85, OKE sits at the 79.5% percentile with a 14-day RSI of 61.6 (BULLISH MOMENTUM) and an implied next-earnings move of ±4.7% ($88.17 to $96.87).

Direct Sub-Reports: OKE RQD Cockpit OKE 12M Forecast OKE Earnings & Move OKE Dividends & DRIP OKE Insiders & 13F OKE Whale Options OKE Profit Sankey OKE News & Why

ROARABLE RATING BRIEF • RQD 64/100 (C) ✓ SEC XBRL & RQD VERIFIED

OKE — ONEOK Inc.: What the Facts Mean to a Prospective Investor

Methodology: RQD v6.2 Deterministic 5-Pillar & SEC XBRL Audit

Updated: 2025-12-31

1. Roarable Rating Brief: What This Means to a Prospective Investor

ONEOK Inc. (OKE) earns a live Roarable RQD composite score of 64/100, corresponding to a C letter grade (Roarable Hold) at a spot price of $92.52 (-4.69% 1D, market capitalization $61.20B).

Fundamental Cash Engine (8/20): Anchored by return on invested capital (ROIC) of 8.5%, gross margin of 30.5%, operating margin of 17.1%, and free cash flow yield of 4.05%.
Whale 13F & Options Flow (17/20) + Insider Conviction (16/20): Tracks institutional 13F accumulation, CBOE options call/put positioning, and SEC Form 4 / Congressional PTR filings.
Macro Regime Fit (11/20) + Forensic Balance Sheet (12/20): Incorporates a 1.05x equity beta, Altman Z-Score of 1.94, Piotroski F-Score of 6/9, and Debt/Equity of 1.37x.

2. Business Model, Unit Margins & SEC Financial Trajectory

ONEOK Inc. (OKE) is a NYSE-listed issuer in the Energy sector, operating within the Oil & Gas Production industry. Per the market data, the company reports a gross margin of 30.5%, an operating margin of 17.1%, and a net margin of 10.1%.

In its latest audited SEC EDGAR 10-K filing for FY2025 (filed 2025-12-31), ONEOK Inc. (OKE) reported $33.63B in annual revenue (up from $21.70B in FY2024, +55.0% YoY) and $3.39B in GAAP net income. Over the multi-year SEC filing window from FY2023 ($17.68B revenue, $2.66B net income) through FY2025, OKE scaled operating cash flow to $5.60B and free cash flow to $2.45B, backed by $66.64B in total assets against $30.75B in total debt.

3. Institutional Bull vs. Bear Thesis & Valuation Tradeoff

🐂 Primary Bull Case (C • RQD 64/100): Big institutional funds and options desks are actively positioning on the bullish side. Company leadership has skin in the game with net positive insider conviction. With Fundamental Cash Engine at 8/20 and Institutional Whale Flow at 17/20, sustained execution supports upside toward the upper end of the $64.02 – $99.85 52-week range.
🐻 Primary Bear Case & Valuation Risk: Recent SEC filings added new risk-factor disclosures that warrant keeping an eye on margins. Investors must weigh 17.8x trailing P/E and 10.8x EV/EBITDA against 17.1% operating margins and a 1.05x macro beta.

4. 2nd-Order Butterfly Ripples & Key Questions to Watch

Supply_chain is NONE, and butterfly_links and proprietary_signals are empty.

Key Question #1: Can OKE sustain or expand its 17.1% operating margin and 8.5% ROIC against Oil & Gas Production peers over the next 4 quarters?
Key Question #2: Following FY2025 revenue of $33.63B and free cash flow of $2.45B, how will capital allocation balance growth reinvestment against $30.75B in total debt?
Key Question #3: How sensitive is OKE's 15.0x forward P/E multiple to Energy capital spending cycles and macro interest-rate shifts (Beta 1.05x)?

OKE Live News Feed, Press Releases & Catalyst Wire

Real-time company headlines, analyst actions, and sector developments for ONEOK Inc. (OKE) • Click "Debate This Headline" to argue it in the Roar Pit below

💬 Jump to OKE Debate Forum (3) ↓

🔴 RISK WATCH Yahoo Finance • 23h ago

Oneok Inc. (OKE) Stock Falls Amid Market Uptick: What Investors Need to Know

Yahoo Finance report covering ONEOK Inc. (OKE) market action, institutional positioning, and fundamental catalysts.

Read Full Source ↗

🟢 CATALYST Seeking Alpha • 1d ago

ONEOK: A Stable Business With Growth Prospects That The Market Has Already Priced In

Seeking Alpha report covering ONEOK Inc. (OKE) market action, institutional positioning, and fundamental catalysts.

Read Full Source ↗

🟢 CATALYST Yahoo Finance • 1d ago

Oneok Inc. (OKE) Gains As Market Dips: What You Should Know

Yahoo Finance report covering ONEOK Inc. (OKE) market action, institutional positioning, and fundamental catalysts.

Read Full Source ↗

🟡 MARKET WIRE Yahoo Finance • 1d ago

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

Yahoo Finance report covering ONEOK Inc. (OKE) market action, institutional positioning, and fundamental catalysts.

Read Full Source ↗

🟡 MARKET WIRE Yahoo Finance • 1d ago

Andrew Hill Investment Fund Likes ONEOK (OKE) as U.S. Energy Demand Rises

Yahoo Finance report covering ONEOK Inc. (OKE) market action, institutional positioning, and fundamental catalysts.

Read Full Source ↗

🟡 MARKET WIRE Yahoo Finance • 1d ago

Earnings Preview: Oneok Inc. (OKE) Q3 Earnings Expected to Decline

Yahoo Finance report covering ONEOK Inc. (OKE) market action, institutional positioning, and fundamental catalysts.

Read Full Source ↗

🟡 MARKET WIRE Yahoo Finance • 1d ago

Here's What to Expect From ONEOK’s Next Earnings Report

Yahoo Finance report covering ONEOK Inc. (OKE) market action, institutional positioning, and fundamental catalysts.

Read Full Source ↗

🟢 CATALYST Yahoo Finance • 1d ago

Will Oneok (OKE) Beat Estimates Again in Its Next Earnings Report?

Yahoo Finance report covering ONEOK Inc. (OKE) market action, institutional positioning, and fundamental catalysts.

Read Full Source ↗

🔥 THE ROAR PIT • LIVE COMMUNITY DEBATE 3 Active Posts & Replies

OKE Bull vs. Bear Conversation Board — What's Your Call at $92.52?

🐂 67% BULLISH CONVICTION COMMUNITY TUG-OF-WAR ON OKE 🐻 33% BEARISH CONVICTION

MI MidwestValue RQD DEBATE OPENER • Fundamental Long-Only 🐂 BULLISH 🎯 Target: $123.28 (+27.0%)

📌 Pinned Debate

Institutional accumulation and insider cluster flow score 17/20 and 16/20 in the RQD rating, signaling strong professional support.

Institutional accumulation and insider cluster flow score 17/20 and 16/20 in the RQD rating, signaling strong professional support.. When you look under the hood at OKE, Fundamental Cash Engine is 8/20 with 30.5% gross margins and 8.5% ROIC. Bears are staring in the rearview mirror while institutional 13F flow (17/20) has been quietly accumulating below $99.85. My 12M target is $123.28.

SectorRotator 🐂 BULL

@MeanReversion_88 Fair point on 17.8x trailing P/E, but you're ignoring the forward operating leverage in Oil & Gas Production. If gross margin (30.5%) holds, EPS grows into the multiple faster than bears think.

ME MeanReversion_88 RQD DEBATE OPENER • Quantitative Statistical Arb 🐻 BEARISH 🎯 Target: $79.60 (-18.0%)

Spot @ $97.07

Debt rose from $7.77B to $30.75B while reported FCF fell from $3.63B to $2.45B, and the Fundamental Cash Engine pillar scores o

Fading this rally in OKE at $97.07. Debt rose from $7.77B to $30.75B while reported FCF fell from $3.63B to $2.45B, and the Fundamental Cash Engine pillar scores only 8/20.. With a beta of 1.05 and the stock sitting at $97.07 (52-wk range $64.02–$99.85), the easy multiple expansion is already priced in.