OKE vs. OXY: ONEOK vs. Occidental Petroleum Stock Comparison
How do ONEOK (OKE) and Occidental Petroleum (OXY) 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
ONEOK (OKE) and Occidental Petroleum (OXY) both belong to the Oil, Gas & Consumable Fuels industry, though OKE is classified under Oil & Gas Storage & Transportation while OXY falls under Integrated Oil & Gas.
| Profile Item | OKE | OXY |
|---|---|---|
| Name | ONEOK, Inc. | Occidental Petroleum Corp. |
| 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 Storage & Transportation | Integrated Oil & Gas |
| Market Capitalization | 53.71 billion USD | 56.36 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | NYSE |
| Listing Date | October 1, 1980 | December 31, 1981 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | OKE | OXY |
|---|---|---|
| Total Return (1Y) | 33.00% | 38.05% |
| Total Return (3Y, Annualized) | 16.19% | -0.84% |
| Total Return (5Y, Annualized) | 11.76% | 12.24% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | OKE | OXY |
|---|---|---|
| Volatility (1Y, Annualized) | 27.56% | 35.52% |
| Beta (5Y) | 0.79 | 0.19 |
| Max Drawdown (5Y) | -42.17% | -50.77% |
| Avg. Volume (3M) | 3.38M | 8.51M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | OKE | OXY |
|---|---|---|
| Sharpe Ratio (1Y) | 1.04 | 0.95 |
| Sortino Ratio (1Y) | 1.50 | 1.42 |
Profitability
ROE (TTM)
Both ONEOK (OKE) at 15.02% and Occidental Petroleum (OXY) at 10.63% land near their industries’ usual ROE ranges, so capital efficiency looks broadly in line with peers on both sides.
OKE
Energy industry group
15.02%
- Max
- 53.85%
- Q3
- 24.79%
- OKE
- 15.02%
- Median
- 12.85%
- Q1
- 2.03%
- Min
- -29.09%
OXY
Energy industry group
10.63%
- Max
- 53.85%
- Q3
- 24.79%
- Median
- 12.85%
- OXY
- 10.63%
- Q1
- 2.03%
- Min
- -29.09%
Net Margin (TTM)
Occidental Petroleum (OXY) at 30.32% retains a top-quartile share of revenue as profit, ahead of ONEOK (OKE) at 9.42%, which keeps about the industry-typical share.
OKE
Energy industry group
9.42%
- Max
- 56.92%
- Q3
- 22.92%
- Median
- 10.10%
- OKE
- 9.42%
- Q1
- 0.07%
- Min
- -27.38%
OXY
Energy industry group
30.32%
- Max
- 56.92%
- OXY
- 30.32%
- Q3
- 22.92%
- Median
- 10.10%
- Q1
- 0.07%
- Min
- -27.38%
Operating Margin (TTM)
Occidental Petroleum (OXY) at 45.44% operates in the top operating margin quartile, ahead of ONEOK (OKE) at 12.71%, which runs around its industry’s norm.
OKE
Energy industry group
12.71%
- Max
- 71.31%
- Q3
- 33.75%
- Median
- 18.73%
- OKE
- 12.71%
- Q1
- 6.94%
- Min
- -24.52%
OXY
Energy industry group
45.44%
- Max
- 71.31%
- OXY
- 45.44%
- Q3
- 33.75%
- Median
- 18.73%
- Q1
- 6.94%
- Min
- -24.52%
Profitability Metrics
| Metric | OKE | OXY |
|---|---|---|
| ROE (TTM) | 15.02% | 10.63% |
| ROA (TTM) | 5.46% | 4.68% |
| Net Margin (TTM) | 9.42% | 30.32% |
| Operating Margin (TTM) | 12.71% | 45.44% |
| Gross Margin (TTM) | 25.20% | 73.32% |
Growth
Revenue Growth
ONEOK (OKE) at 54.99% clears its industry range for revenue growth, far stronger top-line momentum than Occidental Petroleum (OXY) at -1.93%, which is closer to a typical peer reading.
EPS Growth
Both ONEOK (OKE) at 4.84% and Occidental Petroleum (OXY) at -34.02% land near their industries' usual EPS growth ranges, so bottom-line momentum looks broadly in line with peers on both sides.
Growth Metrics
| Metric | OKE | OXY |
|---|---|---|
| Revenue Growth (YoY) | 54.99% | -1.93% |
| Revenue Growth (3Y CAGR) | 14.53% | -16.16% |
| EPS Growth (YoY) | 4.84% | -34.02% |
| EPS Growth (3Y CAGR) | 12.17% | -49.36% |
Financial Strength
Current Ratio (MRQ)
Occidental Petroleum (OXY) at 1.41 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.
OKE
Energy industry group
0.84
- Max
- 3.64
- Q3
- 2.21
- Median
- 1.41
- Q1
- 0.88
- OKE
- 0.84
- Min
- 0.24
OXY
Energy industry group
1.41
- Max
- 3.64
- Q3
- 2.21
- OXY
- 1.41
- Median
- 1.41
- Q1
- 0.88
- Min
- 0.24
Debt / Equity (MRQ)
Both ONEOK (OKE) at 0.88 and Occidental Petroleum (OXY) at 0.35 fund their balance sheets with roughly industry-typical debt-to-equity mixes.
OKE
Energy industry group
0.88
- Max
- 1.75
- Q3
- 0.93
- OKE
- 0.88
- Median
- 0.54
- Q1
- 0.30
- Min
- 0.00
OXY
Energy industry group
0.35
- Max
- 1.75
- Q3
- 0.93
- Median
- 0.54
- OXY
- 0.35
- Q1
- 0.30
- Min
- 0.00
Financial Strength Metrics
| Metric | OKE | OXY |
|---|---|---|
| Current Ratio (MRQ) | 0.84 | 1.41 |
| Debt / Equity (MRQ) | 0.88 | 0.35 |
| Net Debt / EBITDA | 3.68 | 0.76 |
Dividends
Dividend Yield (TTM)
ONEOK (OKE) at 4.96% delivers top-quartile income for its industry, while Occidental Petroleum (OXY) at 1.77% pays a more typical yield — both are credible income propositions, OKE the richer one.
OKE
Energy industry group
4.96%
- Max
- 8.57%
- OKE
- 4.96%
- Q3
- 3.58%
- Median
- 1.71%
- Q1
- 0.00%
- Min
- 0.00%
OXY
Energy industry group
1.77%
- Max
- 8.57%
- Q3
- 3.58%
- OXY
- 1.77%
- Median
- 1.71%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Occidental Petroleum (OXY) at 28.41% pays out a band-typical share of earnings, while ONEOK (OKE) at 65.84% distributes more than its industry norm — less retained, thinner cover.
OKE
Energy industry group
65.84%
- Max
- 133.24%
- OKE
- 65.84%
- Q3
- 53.31%
- Median
- 25.24%
- Q1
- 0.00%
- Min
- 0.00%
OXY
Energy industry group
28.41%
- Max
- 133.24%
- Q3
- 53.31%
- OXY
- 28.41%
- Median
- 25.24%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | OKE | OXY |
|---|---|---|
| Dividend Yield (TTM) | 4.96% | 1.77% |
| Dividend Payout Ratio (TTM) | 65.84% | 28.41% |
Valuation
P/E Ratio (TTM)
Both ONEOK (OKE) at 13.23 and Occidental Petroleum (OXY) at 16.02 land around their industries’ usual P/E ratio levels — neither is getting a clear earnings-multiple discount or premium versus peers.
OKE
Energy industry group
13.23
- Max
- 39.54
- Q3
- 21.72
- OKE
- 13.23
- Median
- 12.19
- Q1
- 7.71
- Min
- 2.99
OXY
Energy industry group
16.02
- Max
- 39.54
- Q3
- 21.72
- OXY
- 16.02
- Median
- 12.19
- Q1
- 7.71
- Min
- 2.99
P/S Ratio (TTM)
On P/S ratio, both ONEOK (OKE) at 1.24 and Occidental Petroleum (OXY) at 2.36 are priced roughly in line with their industries — neither looks cheap nor rich on a sales basis.
OKE
Energy industry group
1.24
- Max
- 5.40
- Q3
- 2.85
- Median
- 1.69
- OKE
- 1.24
- Q1
- 0.88
- Min
- 0.00
OXY
Energy industry group
2.36
- Max
- 5.40
- Q3
- 2.85
- OXY
- 2.36
- Median
- 1.69
- Q1
- 0.88
- Min
- 0.00
P/B Ratio (MRQ)
On P/B ratio, both ONEOK (OKE) at 2.30 and Occidental Petroleum (OXY) at 1.68 are valued close to their industries’ norm against book — neither stands out from peers.
OKE
Energy industry group
2.30
- Max
- 4.21
- Q3
- 2.38
- OKE
- 2.30
- Median
- 1.51
- Q1
- 1.08
- Min
- 0.01
OXY
Energy industry group
1.68
- Max
- 4.21
- Q3
- 2.38
- OXY
- 1.68
- Median
- 1.51
- Q1
- 1.08
- Min
- 0.01
Valuation Metrics
| Metric | OKE | OXY |
|---|---|---|
| P/E Ratio (TTM) | 13.23 | 16.02 |
| P/S Ratio (TTM) | 1.24 | 2.36 |
| P/B Ratio (MRQ) | 2.30 | 1.68 |
| Free Cash Flow Yield (TTM) | 1.44% | 6.72% |