OKE

Stock

ONEOK, Inc.

Worth a look

Bigger than its usual dip. Not yet rare.

ONEOK, Inc. is 19.5% off its high — deeper than its 4.4% average pullback, but it has been through 319 drawdowns before. Not historically significant yet — we'll say so if that changes.

Price $89.50 · as of Jul 9, 2026All-time high $111.20Drawdown -19.5%Severity Score™ 4.1
🟡

Significant

Current Drawdown

-19.5%

Days in Drawdown

591

Avg Max Drawdown

4.4%

Avg Length

42

Drawdown Severity Score™

4.1

OKE - Price & High Water Mark

OKE - Drawdown Timeline

How to read this chart: Negative values indicate drawdowns from all-time highs. Values closer to 0% mean the stock is near its high water mark.

Valuation vs Its Own History

Data as of July 8, 2026 · updated daily

Where today's valuation sits within OKE's own multi-year range. A lower percentile means today's ratio is lower than more of its past readings. This is context, not a recommendation.

Price to Sales

1.6xAbove Typical · 71st percentile
Low: 0.10xMedian: 1.1xHigh: 3.5x

20 years of daily history

52.8% below its highest Price to Sales reading · 8.4x typical multiple drawdown · high date November 21, 2024

Price to Sales history

EV to EBITDA

10.5xTypical Range · 40th percentile
Low: 6.4xMedian: 11.5xHigh: 19.2x

20 years of daily history

45.3% below its highest EV to EBITDA reading · 10.4x typical multiple drawdown · high date February 20, 2020

EV to EBITDA history · log scale

How we measure valuation

ONEOK, Inc. (OKE) Analysis: Current Drawdown Insights

ONEOK, Inc. is currently in a drawdown that is unusual by its own historical standards. As of 2026-07-09, the stock is trading at $89.50, which represents a 19.5% decline from its all-time high of $111.20. This drawdown has persisted for 591 days.

Based on its full tracked price history, ONEOK, Inc. typically experiences drawdowns averaging 4.4% in depth, with an average duration of 42 days. ONEOK, Inc. has gone through 319 total drawdown events in its tracked history. The largest drawdown on record for ONEOK, Inc. was 80.2%, beginning in 2020. The longest drawdown duration on record was 1723 days.

The Drawdown Severity Score™ for ONEOK, Inc. currently stands at 4.12. This is our proprietary indicator that shows the relative severity of the current drawdown based on the asset's unique historical patterns. A score between 3.0 and 5.0 indicates an elevated drawdown that's larger than this asset's historical averages.

Understanding Drawdowns: A drawdown measures how far a stock has fallen from its peak price. Every stock experiences drawdowns: periods when the price declines from all-time highs before recovering. By analyzing ONEOK, Inc.'s historical drawdown patterns, investors can identify when the stock is experiencing a typical market fluctuation versus an unusual decline that is rare by that stock's own historical standards.

📜 Historical Drawdown Events

Current drawdown shown in blue. Showing the most recent and the deepest of 319 tracked pullbacks (67 listed).

Start DateEnd DateDurationMax DepthStart PriceLowest PriceRecovery Price
2024-11-25Ongoing591 days-19.5%$111.20$89.50n/a
2024-11-122024-11-154 days-1.1%$103.59$102.43$104.32
2024-10-152024-11-0522 days-3.3%$91.68$88.69$93.68
2024-09-242024-10-1118 days-6.4%$89.58$83.83$90.84
2024-09-182024-09-236 days-0.9%$89.01$88.17$89.58
2024-09-032024-09-1614 days-2.3%$86.85$84.85$88.09
2024-08-272024-08-293 days-0.4%$83.31$82.94$84.77
2024-08-202024-08-267 days-2.0%$83.12$81.42$83.31
2024-08-092024-08-135 days-0.4%$80.24$79.92$80.62
2024-07-182024-08-0822 days-6.8%$79.32$73.93$80.24
2024-05-222024-07-1252 days-5.9%$77.13$72.56$78.66
2024-05-152024-05-162 days-0.1%$75.89$75.83$76.41
2024-04-302024-05-1314 days-4.4%$74.73$71.47$74.89
2024-04-262024-04-294 days-0.4%$74.69$74.40$74.73
2024-04-012024-04-2323 days-3.9%$73.58$70.75$73.75
2024-03-222024-03-276 days-1.0%$72.94$72.21$73.06
2024-03-132024-03-186 days-0.8%$71.27$70.67$71.40
2024-03-072024-03-125 days-0.6%$71.21$70.82$71.27
2024-02-232024-02-275 days-1.1%$67.66$66.92$68.26
2024-02-202024-02-212 days-0.4%$66.07$65.80$67.30
2024-01-042024-02-1543 days-4.0%$64.92$62.31$65.22
2023-12-272024-01-038 days-1.3%$64.38$63.54$64.92
2023-12-052023-12-2622 days-5.9%$63.53$59.78$64.38
2023-10-172023-12-0146 days-7.8%$62.49$57.58$63.23
2023-09-152023-10-1329 days-10.5%$61.11$54.71$61.64
2023-01-132023-09-14244 days-17.9%$60.60$49.74$61.11
2022-04-212023-01-12267 days-29.2%$60.10$42.54$60.60
2022-04-192022-04-202 days-0.5%$59.19$58.92$60.10
2022-03-282022-04-1822 days-3.4%$59.00$57.01$59.19
2022-03-222022-03-232 days-0.3%$55.94$55.76$56.30
2022-03-082022-03-2113 days-6.2%$55.93$52.46$55.94
2022-03-012022-03-022 days-2.3%$53.31$52.10$54.77
2022-02-142022-02-2815 days-6.7%$52.66$49.11$53.31
2020-02-212022-02-11722 days-80.2%$52.59$10.43$52.66
2020-02-182020-02-203 days-0.3%$52.23$52.07$52.59
2020-02-132020-02-142 days-0.2%$51.84$51.71$52.23
2020-01-212020-02-1223 days-2.9%$51.72$50.21$51.84
2020-01-072020-01-1711 days-1.8%$51.54$50.62$51.72
2019-12-272020-01-038 days-0.9%$51.02$50.54$51.32
2019-12-242019-12-263 days-0.5%$50.92$50.66$51.02
2019-09-192019-12-2396 days-10.8%$50.59$45.11$50.92
2019-09-122019-09-132 days-0.2%$48.98$48.90$49.26
2019-09-102019-09-112 days-0.2%$48.72$48.62$48.98
2019-09-032019-09-064 days-0.9%$47.14$46.70$47.51
2019-08-222019-08-309 days-5.3%$47.08$44.58$47.14
2019-07-152019-08-1936 days-6.3%$46.56$43.63$46.90
2019-07-082019-07-103 days-1.0%$45.90$45.43$46.01
2019-04-152019-07-0380 days-8.8%$45.54$41.55$45.85
2019-04-082019-04-125 days-1.0%$45.50$45.03$45.54
2019-04-022019-04-054 days-1.5%$45.37$44.71$45.50
2019-03-222019-04-0111 days-1.4%$45.05$44.40$45.37
2018-07-162019-03-20248 days-27.0%$44.28$32.31$44.37
2014-09-092018-01-161226 days-71.4%$35.48$10.15$35.53
2013-04-232013-07-2594 days-22.7%$21.80$16.84$22.64
2012-10-082013-04-09184 days-14.2%$20.35$17.46$20.37
2011-07-222011-10-2798 days-21.3%$15.09$11.87$15.36
2010-05-042010-10-29179 days-17.2%$9.72$8.05$9.73
2007-07-232010-04-221005 days-64.6%$9.29$3.29$9.34
2005-08-032006-06-02304 days-24.7%$5.69$4.29$5.71
2004-03-092004-08-18162 days-14.5%$3.52$3.01$3.54
2000-12-292004-01-211119 days-41.7%$3.42$1.99$3.45
1998-03-242000-09-29920 days-46.0%$2.64$1.42$2.66
1998-01-021998-03-1775 days-16.1%$2.42$2.03$2.42
1997-01-231997-05-0299 days-14.6%$1.78$1.52$1.78
1995-11-091996-03-28141 days-16.2%$1.36$1.14$1.36
1993-07-011995-07-28758 days-36.3%$1.25$0.80$1.27
1992-01-241992-05-15112 days-14.9%$0.74$0.63$0.75
1987-04-061991-12-231723 days-75.2%$0.73$0.18$0.73

How to read: Each row shows a complete drawdown from peak to recovery. Red rows = most severe drawdowns (worst 20% or 5x+ average), yellow rows = moderate (2x-5x worse than average).

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Or explore current drawdowns:

ONEOK, Inc. (OKE) is trading at $89.50 as of Jul 9, 2026. It is 19.5% below its high of $111.20. The drawdown has lasted 591 days. Severity score: 4.1 (Significant).

OKE Price History and Drawdown Data

Latest price

$89.50

High-water mark

$111.20

Current drawdown

-19.5%

Days in drawdown

591

This OKE page is built around daily price history, the latest high-water mark, current drawdown depth, drawdown duration, and comparable historical drawdown events. The chart above provides the price-history context, while the sections below explain how the current move compares with prior ONEOK, Inc. drawdowns.

What History Says About OKE

ONEOK, Inc. has dropped 25%+ from its high 9 times in its tracked history. These events lasted an average of 888 days with an average max drop of -52.4%.

The current drawdown of -19.5% has lasted 591 days, which is within the typical range for comparable events.

PeriodMax DropDuration
Feb 2020 to Feb 2022-80.2%722 days
Apr 1987 to Dec 1991-75.2%1723 days
Sep 2014 to Jan 2018-71.4%1226 days
Jul 2007 to Apr 2010-64.6%1005 days
Mar 1998 to Sep 2000-46.0%920 days
Dec 2000 to Jan 2004-41.7%1119 days

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