Advertisement
ET vs OKE
Which Stock Would AI Choose? Energy Transfer (ET) vs. ONEOK (OKE) Stock Comparison
Key Takeaways
- Tickeron AI Verdict: Based on trend consistency, valuation, and relative momentum, the AI currently favors ET over OKE.
- ET (Energy Transfer LP) offers a higher distribution yield and a lower valuation multiple, while OKE (ONEOK, Inc.) carries a cleaner balance sheet and a simpler corporate structure.
- Both companies operate in midstream energy infrastructure, but their growth drivers, leverage profiles, and investor bases differ meaningfully.
- ET has shown stronger recent share-price momentum and raised full-year guidance twice, whereas OKE is integrating a large Permian acquisition and moderating its leverage.
- For more detail on each ticker's major developments and daily action, explore the ET Major News and ET Today's Price Move pages, along with OKE Major News and OKE Today's Price Move.
- To see how automated strategies are positioned across the market, explore the Trending AI Robots page.
Introduction
Energy Transfer LP (ET) and ONEOK, Inc. (OKE) are two of North America's largest midstream energy companies, yet they sit in different parts of the investment landscape. Energy Transfer is a master limited partnership (MLP) prized by income investors for its high distribution yield, while ONEOK is a C-corporation (a standard corporate structure) included in the S&P 500 that appeals to a broader base of shareholders. Both transport and process natural gas and natural gas liquids (NGLs), making them sensitive to similar demand drivers, including power generation and liquefied natural gas (LNG) exports. This stock comparison is relevant for income-focused investors, value investors, and traders weighing relative performance and market positioning in the current energy cycle.
ET Overview and Recent Performance
Energy Transfer LP (ET) is a diversified midstream MLP operating an extensive network of pipelines, processing, storage, and export assets across natural gas, NGLs, crude oil, and refined products. In recent market activity, the company has benefited from record NGL transportation and export volumes, expanding gas demand tied to power generation and artificial intelligence data centers, and the earlier-than-expected ramp-up of its Hugh Brinson Pipeline in Texas.
Recent financial results have supported positive sentiment. Energy Transfer reported a sharp year-over-year increase in adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA), and management raised full-year guidance for the second time in 2026. The partnership has also increased its distribution for 19 consecutive quarters, currently yielding roughly 6.5%, and announced a roughly $2.6 billion agreement to acquire Vaquero Midstream to strengthen its position in the Delaware Basin. Units have climbed near their 52-week high and are up roughly 30% year to date. That momentum, combined with a relatively low enterprise-value-to-EBITDA multiple near 8x, has drawn value investors' attention, though the company's elevated debt load and heavy growth capital spending remain key watchpoints.
OKE Overview and Recent Performance
ONEOK, Inc. (OKE) is a leading integrated midstream operator with roughly 60,000 miles of pipelines providing gathering, processing, fractionation, transportation, storage, and marine export services. As an S&P 500 C-corporation headquartered in Tulsa, Oklahoma, it is structured differently from Energy Transfer and appeals to investors seeking standard corporate tax treatment and broader index inclusion.
In recent weeks, ONEOK has delivered steady operational growth. Third-quarter 2026 earnings per share came in well above analyst estimates, supported by higher NGL, refined products, and natural gas volumes, and management raised full-year guidance for the third time this year. The company completed its roughly $4.4 billion acquisition of Brazos Midstream's Permian Midland Basin assets, completed a minority equity investment, and extinguished nearly $5.5 billion in debt, lowering its leverage target. ONEOK maintains a quarterly dividend of $1.07 per share, an annualized yield near 4.4%. Its shares trade at a premium valuation multiple relative to Energy Transfer, reflecting its stronger balance sheet, though NGL product-mix pressure and softer data-center commercialization have been noted by management as near-term considerations.
Trending AI Robots
Tickeron operates hundreds of AI-powered trading bots that trade thousands of different tickers across equities, ETFs (exchange-traded funds), forex, and cryptocurrencies. Because not every bot is suited to every market regime, only the strongest and most relevant strategies earn a place in the curated Trending AI Robots section. These bots differ widely in trading style, strategy, timeframe, performance history, and the sets of tickers they trade, allowing users to review a range of approaches rather than a single one-size-fits-all signal. The page highlights the robots currently positioned to match prevailing market conditions, giving traders a practical window into how automated systems are navigating names like those in this comparison. Explore the Trending AI Robots page to see which strategies are being favored right now.
Head-to-Head Comparison
Although both companies are midstream operators, their business mixes and risk profiles diverge. Energy Transfer (ET) runs a broader, more diversified asset base spanning crude, refined products, and a leading NGL export franchise, giving it multiple growth avenues but also a larger debt load and higher capital-spending requirements. ONEOK (OKE) is more concentrated in natural gas gathering and processing and NGL infrastructure, with a growing focus on the Permian Basin and a meaningfully lower leverage profile.
On valuation, ET trades at a discounted multiple and offers a higher yield, while OKE commands a premium for its cleaner balance sheet and simpler corporate structure. Momentum has favored ET, which has risen more sharply year to date and sits near highs, whereas OKE has posted steadier, less volatile appreciation. Risk factors also differ: ET carries execution and leverage risk tied to its large project backlog, while OKE faces margin pressure from a heavier mix of lower-rate ethane and near-term uncertainty around data-center demand timing. For income seekers, ET's roughly 6.5% yield stands out; for investors prioritizing balance-sheet strength and structural simplicity, OKE holds an edge.
Tickeron AI Verdict
Weighing trend consistency, relative momentum, valuation, and near-term catalysts, Tickeron's AI currently leans toward ET over OKE. Energy Transfer combines stronger recent price momentum and repeated guidance increases with a more discounted valuation and a substantially higher distribution yield. These observable factors suggest the AI would assign ET a higher probability of favorable near-term positioning, while acknowledging that ONEOK's lower leverage and steadier structure make it the more defensive choice. This assessment reflects current data and is probabilistic rather than a definitive prediction of future returns.
Disclaimer
The information on this webpage is provided for general informational and educational purposes only and is not intended as investment advice, a recommendation to purchase or sell any security, or an offer or solicitation related to investments. It does not consider your personal financial situation, goals, or risk profile, and all investing carries inherent risks, including the possibility of losing your entire investment. For more details, please review our full disclaimer.
To compare these two companies we present long-term analysis, their fundamental ratings and make comparative short-term technical analysis which are presented below. The conclusion is ET is a Hold and OKE is a Buy.
ET's RSI Indicator climbs out of oversold territory
The RSI Indicator for ET moved out of oversold territory on October 01, 2026. This could be a sign that the stock is shifting from a downward trend to an upward trend. Traders may want to buy the stock or call options. The A.I.dvisor looked at 12 similar instances when the indicator left oversold territory. In 9 of the 12 cases the stock moved higher. This puts the odds of a move higher at 75%.
Technical Analysis (Indicators)
Bullish Trend Analysis
The Momentum Indicator moved above the 0 level on October 28, 2026. You may want to consider a long position or call options on ET as a result. In 55 of 90 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are 61%.
The Moving Average Convergence Divergence (MACD) for ET just turned positive on October 23, 2026. Looking at past instances where ET's MACD turned positive, the stock continued to rise in 29 of 55 cases over the following month. The odds of a continued upward trend are 53%.
ET moved above its 50-day moving average on October 29, 2026 date and that indicates a change from a downward trend to an upward trend.
Following a +0.97% 3-day Advance, the price is estimated to grow further. Considering data from situations where ET advanced for three days, in 194 of 360 cases, the price rose further within the following month. The odds of a continued upward trend are 54%.
ET may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
Bearish Trend Analysis
The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 4 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.
The 10-day moving average for ET crossed bearishly below the 50-day moving average on September 28, 2026. This indicates that the trend has shifted lower and could be considered a sell signal. In 4 of 13 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following month. The odds of a continued downward trend are 31%.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where ET declined for three days, the price rose further in 50 of 62 cases within the following month. The odds of a continued downward trend are 39%.
The Aroon Indicator for ET entered a downward trend on October 27, 2026. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.
Fundamental Analysis (Ratings)
The Tickeron Profit vs. Risk Rating rating for this company is 7 (best 1 - 100 worst), indicating low risk on high returns. The average Profit vs. Risk Rating rating for the industry is 41, placing this stock better than average.
The Tickeron PE Growth Rating for this company is 33 (best 1 - 100 worst), pointing to outstanding earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.
The Tickeron Valuation Rating of 39 (best 1 - 100 worst) indicates that the company is fair valued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (2.038) is normal, around the industry mean (160.819). P/E Ratio (14.128) is within average values for comparable stocks, (7.071). Projected Growth (PEG Ratio) (0.613) is also within normal values, averaging (13.660). Dividend Yield (0.065) settles around the average of (149858533376.000) among similar stocks. P/S Ratio (0.679) is also within normal values, averaging (4.657).
The Tickeron Price Growth Rating for this company is 43 (best 1 - 100 worst), indicating steady price growth. ET’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.
The Tickeron SMR rating for this company is 58 (best 1 - 100 worst), indicating slightly weaker than average sales and a marginally profitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.
OKE's RSI Oscillator climbs out of oversold territory
The RSI Indicator for OKE moved out of oversold territory on October 01, 2026. This could be a sign that the stock is shifting from a downward trend to an upward trend. Traders may want to buy the stock or call options. The A.I.dvisor looked at 20 similar instances when the indicator left oversold territory. In 15 of the 20 cases the stock moved higher. This puts the odds of a move higher at 75%.
Technical Analysis (Indicators)
Bullish Trend Analysis
The Momentum Indicator moved above the 0 level on October 09, 2026. You may want to consider a long position or call options on OKE as a result. In 67 of 95 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are 71%.
The Moving Average Convergence Divergence (MACD) for OKE just turned positive on October 09, 2026. Looking at past instances where OKE's MACD turned positive, the stock continued to rise in 32 of 47 cases over the following month. The odds of a continued upward trend are 68%.
OKE moved above its 50-day moving average on October 20, 2026 date and that indicates a change from a downward trend to an upward trend.
The 10-day moving average for OKE crossed bullishly above the 50-day moving average on October 23, 2026. This indicates that the trend has shifted higher and could be considered a buy signal. In 11 of 17 past instances when the 10-day crossed above the 50-day, the stock continued to move higher over the following month. The odds of a continued upward trend are 65%.
Following a +2.68% 3-day Advance, the price is estimated to grow further. Considering data from situations where OKE advanced for three days, in 248 of 373 cases, the price rose further within the following month. The odds of a continued upward trend are 66%.
The Aroon Indicator entered an Uptrend today. In 151 of 248 cases where OKE Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are 61%.
Bearish Trend Analysis
The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 15 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where OKE declined for three days, the price rose further in 50 of 62 cases within the following month. The odds of a continued downward trend are 52%.
OKE broke above its upper Bollinger Band on October 13, 2026. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.
Fundamental Analysis (Ratings)
The Tickeron PE Growth Rating for this company is 14 (best 1 - 100 worst), pointing to outstanding earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.
The Tickeron Price Growth Rating for this company is 19 (best 1 - 100 worst), indicating outstanding price growth. OKE’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.
The Tickeron Profit vs. Risk Rating rating for this company is 40 (best 1 - 100 worst), indicating well-balanced risk and returns. The average Profit vs. Risk Rating rating for the industry is 41, placing this stock slightly better than average.
The Tickeron SMR rating for this company is 53 (best 1 - 100 worst), indicating strong sales and a profitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.
The Tickeron Valuation Rating of 61 (best 1 - 100 worst) indicates that the company is fair valued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (2.668) is normal, around the industry mean (160.819). P/E Ratio (16.707) is within average values for comparable stocks, (7.071). Projected Growth (PEG Ratio) (1.674) is also within normal values, averaging (13.660). Dividend Yield (0.044) settles around the average of (149858533376.000) among similar stocks. P/S Ratio (1.487) is also within normal values, averaging (4.657).
ET | OKE | ||
|---|---|---|---|
OUTLOOK RATING 1..100 | 50 | 50 | |
VALUATION overvalued / fair valued / undervalued 1..100 | 39 Fair valued | 61 Fair valued | |
PROFIT vs RISK RATING 1..100 | 7 | 40 | |
SMR RATING 1..100 | 58 | 53 | |
PRICE GROWTH RATING 1..100 | 43 | 19 | |
P/E GROWTH RATING 1..100 | 33 | 14 | |
SEASONALITY SCORE 1..100 | 65 | 50 |
Tickeron ratings are formulated such that a rating of 1 designates the most successful stocks in a given industry, while a rating of 100 points to the least successful stocks for that industry.
ET's Valuation (39) in the Oil And Gas Pipelines industry is in the same range as OKE (61). This means that ET’s stock grew similarly to OKE’s over the last 12 months.
ET's Profit vs Risk Rating (7) in the Oil And Gas Pipelines industry is somewhat better than the same rating for OKE (40). This means that ET’s stock grew somewhat faster than OKE’s over the last 12 months.
OKE's SMR Rating (53) in the Oil And Gas Pipelines industry is in the same range as ET (58). This means that OKE’s stock grew similarly to ET’s over the last 12 months.
OKE's Price Growth Rating (19) in the Oil And Gas Pipelines industry is in the same range as ET (43). This means that OKE’s stock grew similarly to ET’s over the last 12 months.
OKE's P/E Growth Rating (14) in the Oil And Gas Pipelines industry is in the same range as ET (33). This means that OKE’s stock grew similarly to ET’s over the last 12 months.
| ET | OKE | |
|---|---|---|
| RSI ODDS (%) | 4 days ago 75% | 4 days ago 75% |
| Stochastic ODDS (%) | 4 days ago 34% | 4 days ago 57% |
| Momentum ODDS (%) | 4 days ago 61% | 4 days ago 71% |
| MACD ODDS (%) | 4 days ago 53% | 4 days ago 68% |
| TrendWeek ODDS (%) | 4 days ago 54% | 4 days ago 65% |
| TrendMonth ODDS (%) | 4 days ago 54% | 4 days ago 67% |
| Advances ODDS (%) | 4 days ago 54% | 4 days ago 66% |
| Declines ODDS (%) | 14 days ago 39% | 6 days ago 52% |
| BollingerBands ODDS (%) | 4 days ago 69% | 4 days ago 54% |
| Aroon ODDS (%) | 4 days ago 30% | 4 days ago 61% |
Long-Term Analysis
It is best to consider a long-term outlook for a ticker by using Fundamental Analysis (FA) ratings. The rating of 1 to 100, where 1 is best and 100 is worst, is divided into thirds. The first third (a green rating of 1-33) indicates that the ticker is undervalued; the second third (a grey number between 34 and 66) means that the ticker is valued fairly; and the last third (red number of 67 to 100) reflects that the ticker is overvalued. We use an FA Score to show how many ratings show the ticker to be undervalued (green) or overvalued (red).
ET’s FA Score shows that 2 FA rating(s) are green while OKE’s FA Score has 2 green FA rating(s).
- ET’s FA Score: 2 green, 3 red.
- OKE’s FA Score: 2 green, 3 red.
Short-Term Analysis
It is best to consider a short-term outlook for a ticker by using Technical Analysis (TA) indicators. We use Odds of Success as the percentage of outcomes which confirm successful trade signals in the past.
If the Odds of Success (the likelihood of the continuation of a trend) for each indicator are greater than 50%, then the generated signal is confirmed. A green percentage from 90% to 51% indicates that the ticker is in a bullish trend. A red percentage from 90% - 51% indicates that the ticker is in a bearish trend. All grey percentages are below 50% and are considered not to confirm the trend signal.
ET’s TA Score shows that 6 TA indicator(s) are bullish while OKE’s TA Score has 7 bullish TA indicator(s).
- ET’s TA Score: 6 bullish, 4 bearish.
- OKE’s TA Score: 7 bullish, 3 bearish.
Price Growth
ET (@Oil & Gas Pipelines) experienced а +2.25% price change this week, while OKE (@Oil & Gas Pipelines) price change was +1.29% for the same time period.
The average weekly price growth across all stocks in the @Oil & Gas Pipelines industry was -2.48%. For the same industry, the average monthly price growth was -6.10%, and the average quarterly price growth was +0.65%.
Reported Earning Dates
ET is expected to report earnings on Nov 03, 2026.
OKE is expected to report earnings on Mar 01, 2027.
Industries' Descriptions
@Oil & Gas Pipelines (-2.48% weekly)Oil & Gas Pipelines industry includes companies that transport natural gas and crude oil through pipelines. These companies also collect and market the fuels. The pipeline segment could be considered as a midstream operation – functioning as a link between the upstream and downstream operations in the oil and gas industry. Some of the largest U.S. pipeline players include Enterprise Products Partners L.P, TC Energy Corporation and Energy Transfer, L.P.
Advertisement
ET and
Correlation & Price change
A.I.dvisor indicates that over the last year, ET has been loosely correlated with OKE. These tickers have moved in lockstep 62% of the time. This A.I.-generated data suggests there is some statistical probability that if ET jumps, then OKE could also see price increases.
OKE and
Correlation & Price change
A.I.dvisor indicates that over the last year, OKE has been closely correlated with TRGP. These tickers have moved in lockstep 73% of the time. This A.I.-generated data suggests there is a high statistical probability that if OKE jumps, then TRGP could also see price increases.