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EOG vs. OKE: EOG Resources vs. ONEOK Stock Comparison

How do EOG Resources (EOG) and ONEOK (OKE) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.

Company Profile

EOG Resources (EOG) and ONEOK (OKE) both belong to the Oil, Gas & Consumable Fuels industry, though EOG is classified under Oil & Gas Exploration & Production while OKE falls under Oil & Gas Storage & Transportation.

Company profile comparison for EOG Resources (EOG) and ONEOK (OKE)
Profile ItemEOGOKE
NameEOG Resources, Inc.ONEOK, Inc.
Country/RegionUnited StatesUnited States
GICS SectorEnergyEnergy
GICS Industry GroupEnergyEnergy
GICS IndustryOil, Gas & Consumable FuelsOil, Gas & Consumable Fuels
GICS Sub-IndustryOil & Gas Exploration & ProductionOil & Gas Storage & Transportation
Market Capitalization76.28 billion USD53.71 billion USD
CurrencyUSDUSD
ExchangeNYSENYSE
Listing DateOctober 4, 1989October 1, 1980
Security TypeCommon StockCommon Stock

Price Performance

Cumulative Growth

EOG
OKE
GSPC
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EOG Resources (EOG) vs. ONEOK (OKE), with S&P 500 (GSPC) for reference: Growth of a $10,000 investment over the past five years. Adjusted for dividends and splits.

Trailing Returns

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Trailing total returns for EOG Resources (EOG) and ONEOK (OKE). Returns over one year are annualized.

Calendar-Year Returns

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Calendar-year total returns for EOG Resources (EOG) and ONEOK (OKE). Each bar is that year's total return, measured year-end to year-end.

Performance Metrics

Price performance metrics for EOG Resources (EOG) and ONEOK (OKE)
MetricEOGOKE
Total Return (1Y)45.14%33.00%
Total Return (3Y, Annualized)10.80%16.19%
Total Return (5Y, Annualized)14.14%11.76%

Risk Profile

Drawdown History

EOG
OKE
GSPC
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EOG Resources (EOG) vs. ONEOK (OKE), with S&P 500 (GSPC) for reference: Drawdown from the running peak over the past five years. Each line shows the decline from its prior peak; 0% marks a new high.

Return Distribution

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Distribution of monthly total returns for EOG Resources (EOG) and ONEOK (OKE). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Risk profile metrics for EOG Resources (EOG) and ONEOK (OKE)
MetricEOGOKE
Volatility (1Y, Annualized)30.35%27.56%
Beta (5Y)0.300.79
Max Drawdown (5Y)-33.42%-42.17%
Avg. Volume (3M)2.98M3.38M

Risk-Adjusted Performance

Risk-Return Positioning

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EOG and OKE are plotted by 1-year volatility (risk) and 1-year return. The dashed Capital Allocation Line runs from the risk-free rate through the shared industry median.

Risk-Adjusted Metrics

Risk-adjusted metrics for EOG Resources (EOG) and ONEOK (OKE)
MetricEOGOKE
Sharpe Ratio (1Y)1.351.04
Sortino Ratio (1Y)1.951.50

Profitability

ROE (TTM)

EOG Resources (EOG) at 25.83% sits in the top ROE quartile, while ONEOK (OKE) at 15.02% is closer to the peer norm — stronger capital efficiency for EOG.

EOG

Energy industry group

25.83%

Max
53.85%
EOG
25.83%
Q3
24.79%
Median
12.85%
Q1
2.03%
Min
-29.09%

OKE

Energy industry group

15.02%

Max
53.85%
Q3
24.79%
OKE
15.02%
Median
12.85%
Q1
2.03%
Min
-29.09%
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EOG Resources (EOG) vs. ONEOK (OKE): A comparison of their ROE against the Energy industry group benchmark.

Net Margin (TTM)

EOG Resources (EOG) at 28.06% retains a top-quartile share of revenue as profit, ahead of ONEOK (OKE) at 9.42%, which keeps about the industry-typical share.

EOG

Energy industry group

28.06%

Max
56.92%
EOG
28.06%
Q3
22.92%
Median
10.10%
Q1
0.07%
Min
-27.38%

OKE

Energy industry group

9.42%

Max
56.92%
Q3
22.92%
Median
10.10%
OKE
9.42%
Q1
0.07%
Min
-27.38%
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EOG Resources (EOG) vs. ONEOK (OKE): A comparison of their net margin against the Energy industry group benchmark.

Operating Margin (TTM)

EOG Resources (EOG) at 40.84% operates in the top operating margin quartile, ahead of ONEOK (OKE) at 12.71%, which runs around its industry’s norm.

EOG

Energy industry group

40.84%

Max
71.31%
EOG
40.84%
Q3
33.75%
Median
18.73%
Q1
6.94%
Min
-24.52%

OKE

Energy industry group

12.71%

Max
71.31%
Q3
33.75%
Median
18.73%
OKE
12.71%
Q1
6.94%
Min
-24.52%
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EOG Resources (EOG) vs. ONEOK (OKE): A comparison of their operating margin against the Energy industry group benchmark.

Profitability Metrics

Profitability metrics for EOG Resources (EOG) and ONEOK (OKE)
MetricEOGOKE
ROE (TTM)25.83%15.02%
ROA (TTM)11.90%5.46%
Net Margin (TTM)28.06%9.42%
Operating Margin (TTM)40.84%12.71%
Gross Margin (TTM)62.98%25.20%

Growth

Revenue Growth

ONEOK (OKE) at 54.99% clears its industry range for revenue growth, far stronger top-line momentum than EOG Resources (EOG) at -3.40%, which is closer to a typical peer reading.

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EOG Resources (EOG) vs. ONEOK (OKE): A comparison of their Revenue Growth across different time periods.

EPS Growth

Both EOG Resources (EOG) at -18.93% and ONEOK (OKE) at 4.84% land near their industries' usual EPS growth ranges, so bottom-line momentum looks broadly in line with peers on both sides.

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EOG Resources (EOG) vs. ONEOK (OKE): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for EOG Resources (EOG) and ONEOK (OKE)
MetricEOGOKE
Revenue Growth (YoY)-3.40%54.99%
Revenue Growth (3Y CAGR)-8.51%14.53%
EPS Growth (YoY)-18.93%4.84%
EPS Growth (3Y CAGR)-11.64%12.17%

Financial Strength

Current Ratio (MRQ)

EOG Resources (EOG) at 1.90 keeps current ratio within its industry’s typical mid-range, while ONEOK (OKE) at 0.84 runs in the tighter-liquidity quartile — a thinner cushion against current liabilities for OKE.

EOG

Energy industry group

1.90

Max
3.64
Q3
2.21
EOG
1.90
Median
1.41
Q1
0.88
Min
0.24

OKE

Energy industry group

0.84

Max
3.64
Q3
2.21
Median
1.41
Q1
0.88
OKE
0.84
Min
0.24
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EOG Resources (EOG) vs. ONEOK (OKE): A comparison of their current ratio against the Energy industry group benchmark.

Debt / Equity (MRQ)

EOG Resources (EOG) at 0.25 keeps leverage in the lower industry quartile, while ONEOK (OKE) at 0.88 runs a more typical debt-to-equity mix.

EOG

Energy industry group

0.25

Max
1.75
Q3
0.93
Median
0.54
Q1
0.30
EOG
0.25
Min
0.00

OKE

Energy industry group

0.88

Max
1.75
Q3
0.93
OKE
0.88
Median
0.54
Q1
0.30
Min
0.00
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EOG Resources (EOG) vs. ONEOK (OKE): A comparison of their debt-to-equity ratio against the Energy industry group benchmark.

Financial Strength Metrics

Financial strength metrics for EOG Resources (EOG) and ONEOK (OKE)
MetricEOGOKE
Current Ratio (MRQ)1.900.84
Debt / Equity (MRQ)0.250.88
Net Debt / EBITDA0.163.68

Dividends

Dividend Yield (TTM)

ONEOK (OKE) at 4.96% delivers top-quartile income for its industry, while EOG Resources (EOG) at 2.82% pays a more typical yield — both are credible income propositions, OKE the richer one.

EOG

Energy industry group

2.82%

Max
8.57%
Q3
3.58%
EOG
2.82%
Median
1.71%
Q1
0.00%
Min
0.00%

OKE

Energy industry group

4.96%

Max
8.57%
OKE
4.96%
Q3
3.58%
Median
1.71%
Q1
0.00%
Min
0.00%
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EOG Resources (EOG) vs. ONEOK (OKE): A comparison of their dividend yield against the Energy industry group benchmark.

Dividend Payout Ratio (TTM)

EOG Resources (EOG) at 26.34% pays out a band-typical share of earnings, while ONEOK (OKE) at 65.84% distributes more than its industry norm — less retained, thinner cover.

EOG

Energy industry group

26.34%

Max
133.24%
Q3
53.31%
EOG
26.34%
Median
25.24%
Q1
0.00%
Min
0.00%

OKE

Energy industry group

65.84%

Max
133.24%
OKE
65.84%
Q3
53.31%
Median
25.24%
Q1
0.00%
Min
0.00%
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EOG Resources (EOG) vs. ONEOK (OKE): A comparison of their payout ratio against the Energy industry group benchmark.

Dividend Metrics

Dividend metrics for EOG Resources (EOG) and ONEOK (OKE)
MetricEOGOKE
Dividend Yield (TTM)2.82%4.96%
Dividend Payout Ratio (TTM)26.34%65.84%

Valuation

P/E Ratio (TTM)

Both EOG Resources (EOG) at 9.50 and ONEOK (OKE) at 13.23 land around their industries’ usual P/E ratio levels — neither is getting a clear earnings-multiple discount or premium versus peers.

EOG

Energy industry group

9.50

Max
39.54
Q3
21.72
Median
12.19
EOG
9.50
Q1
7.71
Min
2.99

OKE

Energy industry group

13.23

Max
39.54
Q3
21.72
OKE
13.23
Median
12.19
Q1
7.71
Min
2.99
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EOG Resources (EOG) vs. ONEOK (OKE): A comparison of their P/E ratio against the Energy industry group benchmark.

P/S Ratio (TTM)

On P/S ratio, both EOG Resources (EOG) at 2.61 and ONEOK (OKE) at 1.24 are priced roughly in line with their industries — neither looks cheap nor rich on a sales basis.

EOG

Energy industry group

2.61

Max
5.40
Q3
2.85
EOG
2.61
Median
1.69
Q1
0.88
Min
0.00

OKE

Energy industry group

1.24

Max
5.40
Q3
2.85
Median
1.69
OKE
1.24
Q1
0.88
Min
0.00
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EOG Resources (EOG) vs. ONEOK (OKE): A comparison of their P/S ratio against the Energy industry group benchmark.

P/B Ratio (MRQ)

On P/B ratio, both EOG Resources (EOG) at 2.31 and ONEOK (OKE) at 2.30 are valued close to their industries’ norm against book — neither stands out from peers.

EOG

Energy industry group

2.31

Max
4.21
Q3
2.38
EOG
2.31
Median
1.51
Q1
1.08
Min
0.01

OKE

Energy industry group

2.30

Max
4.21
Q3
2.38
OKE
2.30
Median
1.51
Q1
1.08
Min
0.01
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EOG Resources (EOG) vs. ONEOK (OKE): A comparison of their P/B ratio against the Energy industry group benchmark.

Valuation Metrics

Valuation metrics for EOG Resources (EOG) and ONEOK (OKE)
MetricEOGOKE
P/E Ratio (TTM)9.5013.23
P/S Ratio (TTM)2.611.24
P/B Ratio (MRQ)2.312.30
Free Cash Flow Yield (TTM)7.29%1.44%