EOG Resources (EOG) vs ONEOK (OKE)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.
Summary
EOG Resources (EOG) has outperformed ONEOK (OKE) over the past year, gaining 30.6% versus a gain of 21.5%. Over five years, EOG leads with a +60.9% price change compared with +35.2% for OKE. EOG Resources is the larger company by market cap ($75.64 billion vs $55.51 billion), about 1.4 times the size, while ONEOK is growing revenue faster (+55.0% vs -4.5%).
On valuation, EOG Resources trades at a lower forward P/E (9.4x vs 14.1x for ONEOK). ONEOK offers the higher dividend yield (4.82% vs 2.83%). EOG Resources converts more of its revenue into profit, with a net margin of 22.0% versus 10.1%.
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | EOG | OKE |
|---|---|---|
| Share price | $144.21 | $88.05 |
| Market cap | $75.64B | $55.51B |
| 1-day change | -0.05% | -1.32% |
| YTD return | +37.33% | +19.80% |
| 1-year return | +30.57% | +21.53% |
| 5-year return | +60.91% | +35.21% |
| P/E ratio (TTM) | 11.23 | 15.21 |
| Forward P/E | 9.40 | 14.11 |
| EPS (TTM) | $12.84 | $5.79 |
| Dividend yield | 2.83% | 4.82% |
| Annual dividend | $4.08 | $4.24 |
| Revenue (latest FY) | $22.63B | $33.63B |
| Revenue growth (YoY) | -4.50% | +54.99% |
| Net income (latest FY) | $4.98B | $3.39B |
| Gross margin | — | 30.50% |
| Operating margin | 28.21% | 17.07% |
| Net margin | 22.00% | 10.09% |
| 52-week high | $154.16 | $99.85 |
| 52-week low | $101.59 | $64.02 |
| Distance from 52-week high | -6.45% | -11.82% |
| Analyst consensus | buy | buy |
| Avg. price target upside | +13.72% | +14.93% |
| Average volume | 3.05M | 3.64M |
| Shares outstanding | 524.53M | 630.41M |
| Employees | 3,400 | 6,326 |
| Sector | Energy | Utilities |
| Industry | Oil & Gas Production | Oil & Gas Production |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- ONEOK trades at a higher earnings multiple (15.2x vs 11.2x trailing P/E).
- ONEOK offers a meaningfully higher dividend yield (4.82% vs 2.83%).
- EOG Resources is more profitable, keeping 22.0 cents of every revenue dollar as net income versus 10.1 cents for ONEOK.
- ONEOK grew revenue faster in its latest fiscal year (+54.99% vs -4.50%).
- The two companies sit in different sectors: EOG Resources in Energy and ONEOK in Utilities.
About EOG Resources
EOG stock →EOG Resources, Inc., together with its subsidiaries, explores for, develops, produces, and markets crude oil, natural gas liquids, and natural gas in producing basins in the United States, the Republic of Trinidad and Tobago, and internationally. The company also offers crude oil and condensate, and gathering, processing and marketing.
Energy · Oil & Gas Production · 3,400 employees
About ONEOK
OKE stock →ONEOK, Inc. operates as a midstream service provider of gathering, processing, fractionation, transportation, storage, and marine export services in the United States.
Utilities · Oil & Gas Production · 6,326 employees
EOG vs OKE FAQ
Which is bigger, EOG Resources or ONEOK?
EOG Resources (EOG) is larger, with a market capitalization of $75.64B compared with $55.51B for ONEOK (OKE).
Which stock has performed better over the past year, EOG or OKE?
EOG returned +30.57% over the past 12 months, compared with +21.53% for OKE (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, EOG or OKE?
EOG has the lower trailing P/E at 11.2, versus 15.2 for OKE. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Which pays a higher dividend, EOG Resources or ONEOK?
ONEOK has the higher yield at 4.82%, compared with 2.83% for EOG Resources.
Are EOG Resources and ONEOK in the same industry?
Yes. Both are classified in the Oil & Gas Production industry within the Energy sector.