OKEONEOK INC /NEW/
Natural Gas Transmisison & Distribution
- Revenue
- $33.6B
- 55% YoY
- Operating margin
- 17.1%
- 26% YoY
- EBITDA
- $7.3B
- 18% YoY
- Market cap
- —
- Employees
- —
- Net debt / EBITDA
- 3.9×
- $28.2B net debt
- AI in 10-K
- —
Red flags 0 of 9
- TSR below peersClear—3+ of last 5 years
- High CEO pay despite TSRClear—Median CEO pay ≥ $15M and TSR flag
- Active 13DClear0 filingsActive-intent 13D in 18 months
- Net insider sellingClear$0 netNet sales over $10M in 12 months
- Earnings not backed by cashClear165% of net incomeCash flow under 80% of net income
- Dilutive SBCClear0% of revenueOver 10% of revenue
- Payouts exceed cash flowClear47% of cash flowBuybacks + dividends over cash flow
- Goodwill-heavyClear11% of assetsOver 40% of assets
- Shareholder dissentClear—Any vote under 80% support
Financials
| Metric | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | YoY |
|---|---|---|---|---|---|---|
| Revenue | $16.5B | $22.4B | $17.7B | $21.7B | $33.6B | 55% |
| Operating income | $2.6B | $2.8B | $4.1B | $5.0B | $5.7B | 15% |
| Net income | — | $1.7B | $2.7B | $3.0B | $3.4B | 12% |
| Operating cash flow | $2.5B | $2.9B | $4.4B | $4.9B | $5.6B | 15% |
| Capex | $697M | $1.2B | $1.6B | $2.0B | $3.2B | 56% |
| Stock-based comp | $54M | $53M | $63M | $102M | $92M | 9.8% |
| Buybacks | — | $0 | $0 | $159M | $75M | 53% |
| Dividends | $1.7B | $1.7B | $1.8B | $2.3B | $2.6B | 12% |
Deal filings
None.
13D filers
None on file.
Insider trading
No open-market trades in the last 12 months.
Pay vs performance
No pay-versus-performance disclosure yet.