EQT vs. OKE: EQT vs. ONEOK Stock Comparison
How do EQT (EQT) 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
EQT (EQT) and ONEOK (OKE) both belong to the Oil, Gas & Consumable Fuels industry, though EQT is classified under Oil & Gas Exploration & Production while OKE falls under Oil & Gas Storage & Transportation.
| Profile Item | EQT | OKE |
|---|---|---|
| Name | EQT Corporation | ONEOK, Inc. |
| Country/Region | United States | United States |
| GICS Sector | Energy | Energy |
| GICS Industry Group | Energy | Energy |
| GICS Industry | Oil, Gas & Consumable Fuels | Oil, Gas & Consumable Fuels |
| GICS Sub-Industry | Oil & Gas Exploration & Production | Oil & Gas Storage & Transportation |
| Market Capitalization | 30.90 billion USD | 53.71 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | NYSE |
| Listing Date | March 17, 1980 | October 1, 1980 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | EQT | OKE |
|---|---|---|
| Total Return (1Y) | -12.42% | 33.00% |
| Total Return (3Y, Annualized) | 9.89% | 16.19% |
| Total Return (5Y, Annualized) | 21.61% | 11.76% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | EQT | OKE |
|---|---|---|
| Volatility (1Y, Annualized) | 30.02% | 27.56% |
| Beta (5Y) | 0.70 | 0.79 |
| Max Drawdown (5Y) | -42.56% | -42.17% |
| Avg. Volume (3M) | 7.75M | 3.38M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | EQT | OKE |
|---|---|---|
| Sharpe Ratio (1Y) | -0.56 | 1.04 |
| Sortino Ratio (1Y) | -0.80 | 1.50 |
Profitability
ROE (TTM)
Both EQT (EQT) at 10.49% and ONEOK (OKE) at 15.02% land near their industries’ usual ROE ranges, so capital efficiency looks broadly in line with peers on both sides.
EQT
Energy industry group
10.49%
- Max
- 53.85%
- Q3
- 24.79%
- Median
- 12.85%
- EQT
- 10.49%
- 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%
Net Margin (TTM)
EQT (EQT) at 29.01% retains a top-quartile share of revenue as profit, ahead of ONEOK (OKE) at 9.42%, which keeps about the industry-typical share.
EQT
Energy industry group
29.01%
- Max
- 56.92%
- EQT
- 29.01%
- 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%
Operating Margin (TTM)
Both EQT (EQT) at 28.24% and ONEOK (OKE) at 12.71% run core operations about as efficiently as their industries’ norm — neither stands out on operating profitability.
EQT
Energy industry group
28.24%
- Max
- 71.31%
- Q3
- 33.75%
- EQT
- 28.24%
- 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%
Profitability Metrics
| Metric | EQT | OKE |
|---|---|---|
| ROE (TTM) | 10.49% | 15.02% |
| ROA (TTM) | 6.25% | 5.46% |
| Net Margin (TTM) | 29.01% | 9.42% |
| Operating Margin (TTM) | 28.24% | 12.71% |
| Gross Margin (TTM) | 80.40% | 25.20% |
Growth
Revenue Growth
Both EQT (EQT) at 59.96% and ONEOK (OKE) at 54.99% are expanding revenue faster than their entire industry benchmark ranges for revenue growth — exceptional top-line momentum on both sides, though growth that far above the peer range is worth checking for one-off boosts such as acquisitions.
EPS Growth
EQT (EQT) at 635.56% clears its industry range for EPS growth, a much stronger earnings trajectory than ONEOK (OKE) at 4.84%, which is closer to a typical peer reading.
Growth Metrics
| Metric | EQT | OKE |
|---|---|---|
| Revenue Growth (YoY) | 59.96% | 54.99% |
| Revenue Growth (3Y CAGR) | -11.72% | 14.53% |
| EPS Growth (YoY) | 635.56% | 4.84% |
| EPS Growth (3Y CAGR) | -8.91% | 12.17% |
Financial Strength
Current Ratio (MRQ)
Both EQT (EQT) at 0.71 and ONEOK (OKE) at 0.84 run current ratio in the tighter-liquidity quartile of industry peers, leaving thinner cushions against current liabilities than typical competitors.
EQT
Energy industry group
0.71
- Max
- 3.64
- Q3
- 2.21
- Median
- 1.41
- Q1
- 0.88
- EQT
- 0.71
- 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
Debt / Equity (MRQ)
EQT (EQT) at 0.19 keeps leverage in the lower industry quartile, while ONEOK (OKE) at 0.88 runs a more typical debt-to-equity mix.
EQT
Energy industry group
0.19
- Max
- 1.75
- Q3
- 0.93
- Median
- 0.54
- Q1
- 0.30
- EQT
- 0.19
- 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
Financial Strength Metrics
| Metric | EQT | OKE |
|---|---|---|
| Current Ratio (MRQ) | 0.71 | 0.84 |
| Debt / Equity (MRQ) | 0.19 | 0.88 |
| Net Debt / EBITDA | 0.81 | 3.68 |
Dividends
Dividend Yield (TTM)
ONEOK (OKE) at 4.96% delivers top-quartile income for its industry, while EQT (EQT) at 1.30% pays a more typical yield — both are credible income propositions, OKE the richer one.
EQT
Energy industry group
1.30%
- Max
- 8.57%
- Q3
- 3.58%
- Median
- 1.71%
- EQT
- 1.30%
- 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%
Dividend Payout Ratio (TTM)
EQT (EQT) at 15.64% pays out a band-typical share of earnings, while ONEOK (OKE) at 65.84% distributes more than its industry norm — less retained, thinner cover.
EQT
Energy industry group
15.64%
- Max
- 133.24%
- Q3
- 53.31%
- Median
- 25.24%
- EQT
- 15.64%
- 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%
Dividend Metrics
| Metric | EQT | OKE |
|---|---|---|
| Dividend Yield (TTM) | 1.30% | 4.96% |
| Dividend Payout Ratio (TTM) | 15.64% | 65.84% |
Valuation
P/E Ratio (TTM)
Both EQT (EQT) at 11.71 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.
EQT
Energy industry group
11.71
- Max
- 39.54
- Q3
- 21.72
- Median
- 12.19
- EQT
- 11.71
- 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
P/S Ratio (TTM)
ONEOK (OKE) at 1.24 is priced about in line with its industry on P/S ratio, while EQT (EQT) at 3.38 sits in the pricier quartile — EQT costs more per dollar of sales.
EQT
Energy industry group
3.38
- Max
- 5.40
- EQT
- 3.38
- Q3
- 2.85
- 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
P/B Ratio (MRQ)
On P/B ratio, both EQT (EQT) at 1.21 and ONEOK (OKE) at 2.30 are valued close to their industries’ norm against book — neither stands out from peers.
EQT
Energy industry group
1.21
- Max
- 4.21
- Q3
- 2.38
- Median
- 1.51
- EQT
- 1.21
- 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
Valuation Metrics
| Metric | EQT | OKE |
|---|---|---|
| P/E Ratio (TTM) | 11.71 | 13.23 |
| P/S Ratio (TTM) | 3.38 | 1.24 |
| P/B Ratio (MRQ) | 1.21 | 2.30 |
| Free Cash Flow Yield (TTM) | 8.01% | 1.44% |