ONEOK, Inc. (OKE) Stock Price & Analysis
Market: NYSE • Sector: Energy • Industry: Oil & Gas Midstream
ONEOK, Inc. (OKE) Profile & Business Summary
ONEOK, Inc., together with its subsidiaries, engages in gathering, processing, storage, and transportation of natural gas in the United States. It operates through Natural Gas Gathering and Processing, Natural Gas Liquids, and Natural Gas Pipelines segments. The company owns natural gas gathering pipelines and processing plants in the Mid-Continent and Rocky Mountain regions. It also gathers, treats, fractionates, and transports natural gas liquids (NGL), as well as stores, markets, and distributes NGL products. The company owns NGL gathering and distribution pipelines in Oklahoma, Kansas, Texas, New Mexico, Montana, North Dakota, Wyoming, and Colorado; terminal and storage facilities in Kansas, Missouri, Nebraska, Iowa, and Illinois; and NGL distribution and refined petroleum products pipelines in Kansas, Missouri, Nebraska, Iowa, Illinois, and Indiana, as well as owns and operates truck- and rail-loading, and -unloading facilities connected to NGL fractionation, storage, and pipeline assets. In addition, it operates regulated interstate and intrastate natural gas transmission pipelines and natural gas storage facilities. Further, the company owns and operates a parking garage in downtown Tulsa, Oklahoma; and leases excess office space. It operates 17,500 miles of natural gas gathering pipelines; 1,500 miles of FERC-regulated interstate natural gas pipelines; 5,100 miles of state-regulated intrastate transmission pipeline; six NGL storage facilities; and eight NGL product terminals. It serves integrated and independent exploration and production companies; NGL and natural gas gathering and processing companies; crude oil and natural gas production companies; propane distributors; municipalities; ethanol producers; and petrochemical, refining, and NGL marketing companies, as well as natural gas distribution and electric generation companies, producers, processors, and marketing companies. The company was founded in 1906 and is headquartered in Tulsa, Oklahoma.
Key Information
| Ticker | OKE |
|---|---|
| Exchange | NYSE |
| Official Site | https://www.oneok.com |
Market Trend Overview for OKE
One model, two time views: what the market looks like right now, and where the larger trend is heading over time.
SRE (WhaleQuant Structural Regime Engine) SRE evaluates how price structure evolves across daily and weekly timeframes to define the prevailing market regime. Beyond identifying trends, consolidations, and exhaustion phases, it distinguishes between raw structural strength and deployable participation quality. The model dynamically adjusts for structural context and extension risk, assessing whether conditions are supportive, stretched, fragile, or structurally impaired. Its purpose is not to forecast precise price levels, but to determine whether risk deployment is aligned with underlying market structure.
Longer-Term Market Trend (Mid to Long Term)
Shows the bigger market trend, how strong it is, and where risks may start to build over the next few weeks or months. — Updated as of 2026-07-14 (ET)
As of 2026-07-14, OKE is starting to move higher. Over the longer term, the trend remains bullish.
OKE last closed at 91.90. The price is about 1.0 ATR above its recent average price (89.23), and the market is currently in an early upward move. Price at 91.90 is holding above minor support near 88.33. If price continues higher, it may face light resistance around 92.10. View Support & Resistance from Options
The trend is still positive, but signs of slowing momentum suggest growing two-sided risk.
Trend score: 80 out of 100. Overall alignment is strong. The market is currently in an early-stage uptrend. Trend signals are well aligned across timeframes, suggesting a stable and consistent trend.
A key downside risk boundary is near 84.01. If price falls below this area, the current structure would likely weaken further.
A systematic trend-activation signal was most recently triggered on 2026-07-13, reflecting a technical shift toward positive directional alignment.
[2026-07-09] Price moved quickly and looked strong, but participation was limited.
Recent bars show mixed price behavior without a clear shift in structural quality or efficiency.
Buying pressure built into the close, but price action was choppy and lacked clean follow-through.
The model sees a bullish edge, with 62.1% upside probability and a still-actionable balance between confirmation and reversal risk.
Up probability is 62.1%, with predictability at 51% and signal agreement at 86%. Reversal risk is 22%, while reward/risk stands at 0.22. That suggests the directional case is supported by broad confirmation and still retains usable quality. At the same time, price is still close to a gamma transition zone and recent price behavior has shown failed reversal memory.
NOTE: This next-day up/down probability forecast module is still being tested for accuracy. Please do not rely on it for investment decisions. The model does not account for black swan events or company-specific fundamental news, and its estimates are based solely on technical conditions, capital flow, and market sentiment. View forecast history
This reading is based on the last 20 trading days of 15-minute price, volume, and VWAP data. Price is trading 3.1% above the recent estimated cost basis of 89.12, which keeps the recent cost structure in a clearly stronger position. Price is in the upper half of the main cost band (89.53 to 92.60), which is usually a healthier short-term location because price is holding the stronger side of recent trading activity. The lower down support area sits around 88.51 to 90.48. It looks more like a first buffer than a major floor. The next higher selling area sits around 92.16 to 92.60. About 90% of recent positioning is in profit, which is a strong backdrop, but it also means momentum needs to stay healthy to avoid profit-taking pressure. The main cost band is fairly wide relative to recent ATR, so this structure may behave less cleanly than a tighter setup. From a trading point of view, the trend still has support, but because the main support sits lower down around 88.51 to 90.48, the key is whether pullbacks remain controlled before dropping back into that zone.