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EXE vs. OKE: Expand Energy vs. ONEOK Stock Comparison

How do Expand Energy (EXE) 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

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

ONEOK (OKE) has more than two decades of public-market history since October 1, 1980, whereas Expand Energy (EXE) listed on February 10, 2021 and has a much shorter record to draw on.

Company profile comparison for Expand Energy (EXE) and ONEOK (OKE)
Profile ItemEXEOKE
NameExpand Energy CorpONEOK, 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 Capitalization19.54 billion USD53.71 billion USD
CurrencyUSDUSD
ExchangeNasdaqNYSE
Listing DateFebruary 10, 2021October 1, 1980
Security TypeCommon StockCommon Stock

Price Performance

Cumulative Growth

EXE
OKE
GSPC
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Expand Energy (EXE) 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 Expand Energy (EXE) and ONEOK (OKE). Returns over one year are annualized.

Calendar-Year Returns

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

Performance Metrics

Price performance metrics for Expand Energy (EXE) and ONEOK (OKE)
MetricEXEOKE
Total Return (1Y)-22.30%33.00%
Total Return (3Y, Annualized)4.93%16.19%
Total Return (5Y, Annualized)9.88%11.76%

Risk Profile

Drawdown History

EXE
OKE
GSPC
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Expand Energy (EXE) 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 Expand Energy (EXE) and ONEOK (OKE). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Risk profile metrics for Expand Energy (EXE) and ONEOK (OKE)
MetricEXEOKE
Volatility (1Y, Annualized)29.72%27.56%
Beta (5Y)0.400.79
Max Drawdown (5Y)-30.37%-42.17%
Avg. Volume (3M)3.10M3.38M

Risk-Adjusted Performance

Risk-Return Positioning

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EXE 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 Expand Energy (EXE) and ONEOK (OKE)
MetricEXEOKE
Sharpe Ratio (1Y)-0.891.04
Sortino Ratio (1Y)-1.271.50

Profitability

ROE (TTM)

Both Expand Energy (EXE) at 14.62% 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.

EXE

Energy industry group

14.62%

Max
53.85%
Q3
24.79%
EXE
14.62%
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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Expand Energy (EXE) vs. ONEOK (OKE): A comparison of their ROE against the Energy industry group benchmark.

Net Margin (TTM)

Both Expand Energy (EXE) at 21.26% and ONEOK (OKE) at 9.42% keep about the typical share of revenue as profit for their industries — neither bottom line stands out from peers.

EXE

Energy industry group

21.26%

Max
56.92%
Q3
22.92%
EXE
21.26%
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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Expand Energy (EXE) vs. ONEOK (OKE): A comparison of their net margin against the Energy industry group benchmark.

Operating Margin (TTM)

Both Expand Energy (EXE) at 23.18% and ONEOK (OKE) at 12.71% run core operations about as efficiently as their industries’ norm — neither stands out on operating profitability.

EXE

Energy industry group

23.18%

Max
71.31%
Q3
33.75%
EXE
23.18%
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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Expand Energy (EXE) vs. ONEOK (OKE): A comparison of their operating margin against the Energy industry group benchmark.

Profitability Metrics

Profitability metrics for Expand Energy (EXE) and ONEOK (OKE)
MetricEXEOKE
ROE (TTM)14.62%15.02%
ROA (TTM)8.17%5.46%
Net Margin (TTM)21.26%9.42%
Operating Margin (TTM)23.18%12.71%
Gross Margin (TTM)45.86%25.20%

Growth

Revenue Growth

Both Expand Energy (EXE) at 188.77% 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.

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Expand Energy (EXE) vs. ONEOK (OKE): A comparison of their Revenue Growth across different time periods.

EPS Growth

Only one side can be read here: ONEOK (OKE) reports EPS growth of 4.84%, ranked against its industry; Expand Energy (EXE) has no EPS growth figure this period.

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Expand Energy (EXE) vs. ONEOK (OKE): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for Expand Energy (EXE) and ONEOK (OKE)
MetricEXEOKE
Revenue Growth (YoY)188.77%54.99%
Revenue Growth (3Y CAGR)2.13%14.53%
EPS Growth (YoY)--4.84%
EPS Growth (3Y CAGR)-39.01%12.17%

Financial Strength

Current Ratio (MRQ)

Expand Energy (EXE) at 0.90 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.

EXE

Energy industry group

0.90

Max
3.64
Q3
2.21
Median
1.41
EXE
0.90
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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Expand Energy (EXE) vs. ONEOK (OKE): A comparison of their current ratio against the Energy industry group benchmark.

Debt / Equity (MRQ)

Expand Energy (EXE) at 0.24 keeps leverage in the lower industry quartile, while ONEOK (OKE) at 0.88 runs a more typical debt-to-equity mix.

EXE

Energy industry group

0.24

Max
1.75
Q3
0.93
Median
0.54
Q1
0.30
EXE
0.24
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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Expand Energy (EXE) vs. ONEOK (OKE): A comparison of their debt-to-equity ratio against the Energy industry group benchmark.

Financial Strength Metrics

Financial strength metrics for Expand Energy (EXE) and ONEOK (OKE)
MetricEXEOKE
Current Ratio (MRQ)0.900.84
Debt / Equity (MRQ)0.240.88
Net Debt / EBITDA0.683.68

Dividends

Dividend Yield (TTM)

ONEOK (OKE) at 4.96% delivers top-quartile income for its industry, while Expand Energy (EXE) at 2.70% pays a more typical yield — both are credible income propositions, OKE the richer one.

EXE

Energy industry group

2.70%

Max
8.57%
Q3
3.58%
EXE
2.70%
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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Expand Energy (EXE) vs. ONEOK (OKE): A comparison of their dividend yield against the Energy industry group benchmark.

Dividend Payout Ratio (TTM)

Expand Energy (EXE) at 19.84% pays out a band-typical share of earnings, while ONEOK (OKE) at 65.84% distributes more than its industry norm — less retained, thinner cover.

EXE

Energy industry group

19.84%

Max
133.24%
Q3
53.31%
Median
25.24%
EXE
19.84%
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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Expand Energy (EXE) vs. ONEOK (OKE): A comparison of their payout ratio against the Energy industry group benchmark.

Dividend Metrics

Dividend metrics for Expand Energy (EXE) and ONEOK (OKE)
MetricEXEOKE
Dividend Yield (TTM)2.70%4.96%
Dividend Payout Ratio (TTM)19.84%65.84%

Valuation

P/E Ratio (TTM)

Expand Energy (EXE) at 7.30 sits in the cheaper P/E ratio quartile, while ONEOK (OKE) at 13.23 is closer to its industry’s usual earnings multiple — a discount for EXE, though growth and earnings durability still matter.

EXE

Energy industry group

7.30

Max
39.54
Q3
21.72
Median
12.19
Q1
7.71
EXE
7.30
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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Expand Energy (EXE) 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 Expand Energy (EXE) at 1.51 and ONEOK (OKE) at 1.24 are priced roughly in line with their industries — neither looks cheap nor rich on a sales basis.

EXE

Energy industry group

1.51

Max
5.40
Q3
2.85
Median
1.69
EXE
1.51
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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Expand Energy (EXE) vs. ONEOK (OKE): A comparison of their P/S ratio against the Energy industry group benchmark.

P/B Ratio (MRQ)

Expand Energy (EXE) at 1.00 sits in the lower P/B ratio quartile against book while ONEOK (OKE) at 2.30 is valued near its industry’s middle — EXE is cheaper on assets, though weigh it against ROE and asset quality.

EXE

Energy industry group

1.00

Max
4.21
Q3
2.38
Median
1.51
Q1
1.08
EXE
1.00
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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Expand Energy (EXE) vs. ONEOK (OKE): A comparison of their P/B ratio against the Energy industry group benchmark.

Valuation Metrics

Valuation metrics for Expand Energy (EXE) and ONEOK (OKE)
MetricEXEOKE
P/E Ratio (TTM)7.3013.23
P/S Ratio (TTM)1.511.24
P/B Ratio (MRQ)1.002.30
Free Cash Flow Yield (TTM)7.00%1.44%