Mulya.ai
Ticker
OKE
Scenario
Key Inputs
Revenue est.?Analysttaper yr3
OP margin est.?Analyst
Reinvestment est.?projected
R&D capitalizedNo
Leases factoredNo
Key Assumptions
WACC ?8.2%
ERP ?4.5%
Risk-free rate ?4.1%
Beta (blended) ?0.880
Beta (levered) ?1.280
Terminal OM% ?24.6%
Segment conc. ?44% dominant
Terminal growth ?4.1%
Bond rating ?A- · 1.45%
ROIC option ?Opt 1 · 8.6%
Prob of failure ?0.0%
Pipeline validated · 2026-05-17

OKE · ONEOK, Inc.

$88.302026-05-17
Sector: Energy; Industry: Oil & Gas Midstream; Sub-Industry: Oil & Gas Storage & Transportation

Intrinsic Value Range Comparison · Mulya.ai

Very High Uncertainty
Bull
$1230
+1292.6% vs market
Base · active
$61
-31.0% vs market
Bear
$61
-30.9% vs market
Mulya.ai vs Analyst IV Comparison?
Bear $61
Base $61
Median $86
Market $88
Bull $1230
Market Price $88
Mulya.ai Base $61
Analysts Median $86
Mulya.ai IV range ($61 · $1230)
Analysts Range ($72 · $104)
Fundamentals · historical + forward · base
italics = DCF projection
PeriodRevenueRev Gr ?Ops M% ?Tax Rate ?NOPAT ?
Reinvest ?
FCFF ?WACC% ?PV FCFF ?ROIC ?Inv. Cap ?EPS ?P/E
2021.Q4$17.3B16.5%24.4%$2.2B−$217MM$1.9B6.6%11.0%$19.5B$2.38
2022.Q4$22.9B32.4%13.3%23.5%$2.3B−$573MM$1.8B7.7%11.8%$19.9B$2.73
2023.Q4$17.7B-22.7%23.0%24.0%$3.1B−$5.6B−$2.5B7.4%10.7%$37.8B$4.21
2024.Q4$21.6B22.4%23.2%24.3%$3.8B−$5.6B−$1.8B8.0%8.8%$48.4B$4.81
2025.Q4$33.6B55.4%20.7%22.9%$5.4B−$2.7B$2.7B8.0%10.4%$55.2B$5.388.0
italics below = DCF projection · 10yr Rev CAGR: 4.4%
2026.Q4$34.4B+2.2%20.9%22.6%$5.6B−$5.1B$481MM8.3%$444MM9.6%$60.3B$8.7910.0
2027.Q4$35.7B+3.8%20.9%22.3%$5.8B−$4.4B$1.4B8.3%$1.2B9.3%$64.7B$9.169.6
2028.Q4$37.0B+3.8%20.9%22.0%$6.0B−$3.0B$3.0B8.3%$2.4B9.1%$67.7B$9.559.2
2029.Q4$38.5B+3.9%20.9%21.7%$6.3B−$4.2B$2.1B8.4%$1.5B9.0%$71.9B$9.968.9
2030.Q4$42.4B+10.3%20.9%21.4%$7.0B−$10.2B−$3.2B8.4%−$2.2B9.0%$82.1B$11.028.0
Term. Yr+$53.8B4.1%24.6%20.0%$10.6B−$5.0B$5.5B8.6%$54.7B8.6%
Active scenario IV: $61 (-31.0% vs market)