EQT (EQT) vs ONEOK (OKE)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 9, 2026.
Summary
ONEOK (OKE) has outperformed EQT (EQT) over the past year, gaining 21.5% versus a loss of 6.2%. Over five years, EQT leads with a +167.2% price change compared with +35.2% for OKE. ONEOK is the larger company by market cap ($56.92 billion vs $33.11 billion), about 1.7 times the size, while EQT is growing revenue faster (+63.9% vs +55.0%).
On valuation, EQT trades at a lower forward P/E (14.0x vs 14.5x for ONEOK). ONEOK offers the higher dividend yield (4.70% vs 1.23%). EQT converts more of its revenue into profit, with a net margin of 23.6% 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 | EQT | OKE |
|---|---|---|
| Share price | $52.94 | $90.29 |
| Market cap | $33.11B | $56.92B |
| 1-day change | +1.20% | +2.54% |
| YTD return | -1.23% | +19.80% |
| 1-year return | -6.15% | +21.53% |
| 5-year return | +167.24% | +35.21% |
| P/E ratio (TTM) | 12.28 | 15.59 |
| Forward P/E | 14.04 | 14.47 |
| EPS (TTM) | $4.31 | $5.79 |
| Dividend yield | 1.23% | 4.70% |
| Annual dividend | $0.653 | $4.24 |
| Revenue (latest FY) | $8.64B | $33.63B |
| Revenue growth (YoY) | +63.92% | +54.99% |
| Net income (latest FY) | $2.04B | $3.39B |
| Gross margin | 82.28% | 30.50% |
| Operating margin | 37.59% | 17.07% |
| Net margin | 23.59% | 10.09% |
| 52-week high | $68.24 | $99.85 |
| 52-week low | $47.94 | $64.02 |
| Distance from 52-week high | -22.42% | -9.57% |
| Analyst consensus | strong_buy | buy |
| Avg. price target upside | +26.92% | +12.08% |
| Average volume | 7.20M | 3.64M |
| Shares outstanding | 625.52M | 630.41M |
| Employees | 1,523 | 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
- OKE has outperformed EQT by 27.7 percentage points over the past year.
- ONEOK trades at a higher earnings multiple (15.6x vs 12.3x trailing P/E).
- ONEOK offers a meaningfully higher dividend yield (4.70% vs 1.23%).
- EQT is more profitable, keeping 23.6 cents of every revenue dollar as net income versus 10.1 cents for ONEOK.
- EQT grew revenue faster in its latest fiscal year (+63.92% vs +54.99%).
- The two companies sit in different sectors: EQT in Energy and ONEOK in Utilities.
About EQT
EQT stock →EQT Corporation engages in the exploration, production, gathering, and transmission of hydrocarbons and natural gas. The company sells natural gas, natural gas liquids, and oil to marketers, utilities, and industrial customers located in the Appalachian Basin.
Energy · Oil & Gas Production · 1,523 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
EQT vs OKE FAQ
Which is bigger, EQT or ONEOK?
ONEOK (OKE) is larger, with a market capitalization of $56.92B compared with $33.11B for EQT (EQT).
Which stock has performed better over the past year, EQT or OKE?
OKE returned +21.53% over the past 12 months, compared with -6.15% for EQT (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, EQT or OKE?
EQT has the lower trailing P/E at 12.3, versus 15.6 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, EQT or ONEOK?
ONEOK has the higher yield at 4.70%, compared with 1.23% for EQT.
Are EQT and ONEOK in the same industry?
Yes. Both are classified in the Oil & Gas Production industry within the Energy sector.