6-Day Rally Sends ONEOK Stock Up 8.6%

OKE: ONEOK logo
OKE
ONEOK

ONEOK (OKE) – a natural gas gathering, processing, storage, and transportation company – hit a 6-day winning streak, with cumulative gains over this period amounting to 8.6%. The company’s market cap has surged by about $4.6 Bil over the last 6 days and currently stands at $59 Bil.

Is this opportunity or trap? There are only a couple of things to fear in OKE stock given its overall Moderate operating performance and financial condition. Hence, despite its Moderate valuation, this makes the stock look Risky (For details, see Buy or Sell OKE).

But here is the interesting part. You are reading about this 8.6% move after it happened. The market has already priced in the news. To catch the next winner before the headlines, you need predictive signals, not notifications. High Quality Portfolio is based on an architecture that includes such signals.

Trefis: OKE Stock Insights

Returns vs S&P 500

Relevant Articles
  1. Palantir At 80x Earnings: What Revenue Growth Rate Justifies The Valuation?
  2. Should You Pay Attention To Chevron Stock’s Momentum?
  3. What Is Happening With Caterpillar Stock?
  4. What Can Trigger Microsoft Stock’s Slide?
  5. Is Microsoft Stock A Trap Or A Missed Opportunity?
  6. Earn 9.6% Today or Buy BSX 30% Cheaper – It’s a Win-Win

The following table summarizes the return for OKE stock vs. the S&P 500 index over different periods, including the current streak:

Return Period OKE S&P 500
1D 1.6% -1.7%
6D (Current Streak) 8.6% -2.2%
1M (21D) 13.7% -6.8%
3M (63D) 29.1% -6.3%
YTD 2026 29.0% -5.4%
2025 -22.9% 16.4%
2024 50.1% 23.3%
2023 13.2% 24.2%

However, big gains can follow sharp reversals – but how has OKE behaved after prior drops? See OKE Dip Buyer Analysis to learn more.

Gains and Losses Streaks: S&P 500 Constituents

There are currently 66 S&P constituents with 3 days or more of consecutive gains and 39 constituents with 3 days or more of consecutive losses.
 

Consecutive Days # of Gainers # of Losers
3D 20 26
4D 37 5
5D 6 3
6D 3 1
7D or more 0 4
Total >=3 D 66 39

 
 
Key Financials for ONEOK (OKE)

Last 2 Fiscal Years:

Metric FY2024 FY2025
Revenues $21.7 Bil $33.6 Bil
Operating Income $5.1 Bil $5.8 Bil
Net Income $3.0 Bil $3.4 Bil

Last 2 Fiscal Quarters:

Metric 2025 FQ3 2025 FQ4
Revenues $8.6 Bil $9.1 Bil
Operating Income $1.6 Bil $1.5 Bil
Net Income $939.0 Mil $977.0 Mil

While OKE stock looks attractive given its winning streak, investing in a single stock without detailed, thorough analysis can be risky. The Trefis High Quality (HQ) Portfolio, with a collection of 30 stocks, has a track record of comfortably outperforming its benchmark that includes all 3 — the S&P 500, S&P mid-cap, and Russell 2000 indices. Why is that? As a group, HQ Portfolio stocks provided better returns with less risk versus the benchmark index; less of a roller-coaster ride, as evident in HQ Portfolio performance metrics.