MetaCap

Enterprise Products Partners L.P. (EPD) vs ONEOK (OKE)

Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 7, 2026.

Summary

ONEOK (OKE) has outperformed Enterprise Products Partners L.P. (EPD) over the past year, gaining 21.3% versus a gain of 16.4%. Over five years, EPD leads with a +52.2% price change compared with +35.2% for OKE. Enterprise Products Partners L.P. is the larger company by market cap ($79.71 billion vs $55.51 billion), about 1.4 times the size, while ONEOK is growing revenue faster (+55.0% vs -6.4%).

On valuation, Enterprise Products Partners L.P. trades at a lower forward P/E (11.6x vs 14.1x for ONEOK). Enterprise Products Partners L.P. offers the higher dividend yield (5.97% vs 4.82%). Enterprise Products Partners L.P. converts more of its revenue into profit, with a net margin of 11.0% versus 10.1%.

Summary generated from market data by MetaCap's automated system. Methodology

Relative performance

EPD+17.17%OKE+20.84%
+36%+11%-14%
Oct 6, 20251 yearOct 7, 2026
EPD+57.00%OKE+42.87%
+95%+37%-22%
Oct 4, 20215 yearsOct 5, 2026

Percent change in share price from the first common trading day shown; excludes dividends.

Head-to-head

EPD versus OKE key metrics
MetricEPDOKE
Share price$36.91$88.05
Market cap$79.71B$55.51B
1-day change-0.94%-1.32%
YTD return+15.13%+19.58%
1-year return+16.40%+21.31%
5-year return+52.21%+35.21%
P/E ratio (TTM)12.8215.21
Forward P/E11.6014.11
EPS (TTM)$2.88$5.79
Dividend yield5.97%4.82%
Annual dividend$2.21$4.24
Revenue (latest FY)$52.60B$33.63B
Revenue growth (YoY)-6.44%+54.99%
Net income (latest FY)$5.81B$3.39B
Gross margin26.68%30.50%
Operating margin13.81%17.07%
Net margin11.05%10.09%
52-week high$40.17$99.85
52-week low$30.01$64.02
Distance from 52-week high-8.12%-11.82%
Analyst consensusbuybuy
Avg. price target upside+12.11%+14.93%
Average volume3.04M3.64M
Shares outstanding2.16B630.41M
Employees—6,326
SectorUtilitiesUtilities
IndustryNatural Gas DistributionOil & 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

  • Enterprise Products Partners L.P. offers a meaningfully higher dividend yield (5.97% vs 4.82%).
  • ONEOK grew revenue faster in its latest fiscal year (+54.99% vs -6.44%).

About Enterprise Products Partners L.P.

EPD stock →

Enterprise Products Partners L.P. provides midstream energy services to producers and consumers of natural gas, natural gas liquids (NGLs), crude oil, petrochemicals, and refined products.

Utilities · Natural Gas Distribution

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

EPD vs OKE FAQ

Which is bigger, Enterprise Products Partners L.P. or ONEOK?

Enterprise Products Partners L.P. (EPD) is larger, with a market capitalization of $79.71B compared with $55.51B for ONEOK (OKE).

Which stock has performed better over the past year, EPD or OKE?

OKE returned +21.31% over the past 12 months, compared with +16.40% for EPD (price return, excluding dividends). Past performance does not predict future results.

Which has the lower P/E ratio, EPD or OKE?

EPD has the lower trailing P/E at 12.8, 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, Enterprise Products Partners L.P. or ONEOK?

Enterprise Products Partners L.P. has the higher yield at 5.97%, compared with 4.82% for ONEOK.

Are Enterprise Products Partners L.P. and ONEOK in the same industry?

Both are in the Utilities sector, but in different industries: Natural Gas Distribution for Enterprise Products Partners L.P. and Oil & Gas Production for ONEOK.

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