Avoid the stress of overpaying for a stock or missing an opportunity by using the right tools and insights to evaluate ONEOK, Inc. before investing.

In this article, we go over a few key elements for understanding ONEOK, Inc.’s stock price such as:

• ONEOK, Inc.’s current stock price and volume
• Why ONEOK, Inc.’s stock price changed recently
• Upgrades and downgrades for OKE from analysts
• OKE’s stock price momentum as measured by its relative strength

About ONEOK, Inc. (OKE)

Before we jump into ONEOK, Inc.’s stock price, history, target price and what caused it to recently rise, let’s take a look at some background.

ONEOK, Inc. operates as a midstream service provider of gathering, processing, fractionation, transportation, storage, and marine export services in the United States. It operates in four segments: Natural Gas Gathering and Processing; Natural Gas Liquids; Natural Gas Pipelines; and Refined Products and Crude. The company owns natural gas gathering pipelines and processing plants in the Mid-Continent, Permian Basin, North Texas, Gulf Coast region, and Rocky Mountain regions; and provides midstream services to producers of NGLs. It also owns NGL gathering and distribution pipelines, fractionation, terminal and storage facilities; and transports refined products, including gasoline, diesel fuel, aviation fuel, kerosene, and heating oil. In addition, the company transports and stores natural gas through regulated interstate and intrastate natural gas transmission pipelines, and natural gas storage facilities; it owns and operates a parking garage in downtown Tulsa, Oklahoma; and leases buildings, warehouses, office space, land, and equipment, including pipeline equipment, pipeline capacity, rail cars, and information technology equipment. Further, the company transports, stores, and distributes refined products, purity NGLs, and crude oil, as well as conducts commodity-related activities, including liquids blending and marketing activities. It serves integrated and independent exploration and production companies; other NGL and natural gas gathering and processing companies; crude oil and natural gas production companies; utilities; industrial companies; natural gasoline distributors; propane distributors; municipalities; ethanol producers; petrochemical, refining, and marketing companies; and diluent users, refineries, and exporters. ONEOK, Inc. was founded in 1906 and is headquartered in Tulsa, Oklahoma.

Want to learn more about ONEOK, Inc.’s stock? Click the button below to subscribe to A+ Investor and get access to everything you need to know about ONEOK, Inc..

ONEOK, Inc.’s Stock Price as of Market Close

As of May 08, 2026, 10:33 AM, CST, ONEOK, Inc.’s stock price was $86.120.

ONEOK, Inc. is up 0.29% from its previous closing price of $85.870.

During the last market session, ONEOK, Inc.’s stock traded between $84.490 and $86.200. Currently, there are approximately 630.70 million shares outstanding for ONEOK, Inc..

ONEOK, Inc.’s price-earnings (P/E) ratio is currently at 15.3, which is high compared to the Oil, Gas & Consumable Fuels industry median of 15. The price-earnings ratio gauges market expectation of future performance by relating a stock’s current share price to its earnings per share.

ONEOK, Inc. Stock Price History

ONEOK, Inc.’s (OKE) price is currently down 6.86% so far this month.

During the month of May, ONEOK, Inc.’s stock price has reached a high of $92.430 and a low of $83.660.

Over the last year, ONEOK, Inc. has hit prices as high as $95.300 and as low as $64.020. Year to date, ONEOK, Inc.’s stock is up 17.17%.

Sign Up to Receive a Free Special Report Showing How A+ Grades Can Help You Make Smarter Investment Decisions

What Caused ONEOK, Inc. Stock’s Price to Rise?

Stock prices are primarily based on seller supply and buyer demand. But have you ever wondered about what other factors affect a stock's price?

When an analyst changes their opinion of a stock by upgrading or downgrading their rating, it often leads to a sudden stock price adjustment. As of May 07, 2026, there was 1 analyst who downgraded ONEOK, Inc.’s stock and 0 analysts who upgraded over the last month.

Additionally, you'll want to evaluate ONEOK, Inc.’s financial health and valuation. Investors can use AAII's Value Grade, which combines six key valuation metrics like P/E and P/S ratios for a comprehensive analysis to conduct analysis on ONEOK, Inc.’s valuation and financial health. This approach mitigates the limitations of single-metric evaluations.

ONEOK, Inc.’s current valuation based on AAII’s Value Grade is a B, which means it is considered to be Value.

Learn how to evaluate stocks with AAII Grades and Scores with A+ Investor today.

Lastly, news and media coverage as well as recent press reports about the company or its industry may cause stock prices to fluctuate. You can check out the most recent news articles about ONEOK, Inc. (OKE) by visiting AAII Stock Evaluator.

Relative Price Strength of ONEOK, Inc.

Relative price strength measures a stock's performance against the market, helping investors identify stocks that are outperforming benchmarks.

For AAII’s Momentum Grade, a weighted relative price strength is calculated. Follow this link to learn more about the Momentum Grade.

As of May 07, 2026, ONEOK, Inc. has a weighted four-quarter relative price strength of -3.06%, which translates to a Momentum Score of 48 and is considered to be Average.

Want to learn more about how ONEOK, Inc. is graded based on AAII’s composite scores for value, growth, quality and earnings estimate revisions? Subscribe to A+ Investor today.

ONEOK, Inc. Stock Price: Bottom Line

As of May 8, 2026, ONEOK, Inc.’s stock price is $86.120, which is up 0.29% from its previous closing price.

AAII advises against making stock decisions based solely on price or past returns. Instead, consider a variety of metrics, fundamentals, and analytics to evaluate a stock like ONEOK, Inc. stock prices are influenced by market supply and demand and offer just a snapshot of a company's overall health.

Subscribing to AAII's A+ Investor provides access to comprehensive analytics and insights for confident investing.