ONEOK (OKE) vs Pembina Pipeline (PBA)
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 Pembina Pipeline (PBA) over the past year, gaining 21.5% versus a gain of 12.3%. Over five years, OKE leads with a +35.2% price change compared with +33.6% for PBA. ONEOK is the larger company by market cap ($55.51 billion vs $26.73 billion), about 2.1 times the size.
On valuation, ONEOK trades at a lower forward P/E (14.1x vs 20.5x for Pembina Pipeline). Pembina Pipeline offers the higher dividend yield (6.28% vs 4.82%).
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 | OKE | PBA |
|---|---|---|
| Share price | $88.05 | $45.97 |
| Market cap | $55.51B | $26.73B |
| 1-day change | -1.32% | -1.58% |
| YTD return | +19.80% | +20.78% |
| 1-year return | +21.53% | +12.29% |
| 5-year return | +35.21% | +33.63% |
| P/E ratio (TTM) | 15.21 | 22.42 |
| Forward P/E | 14.11 | 20.47 |
| EPS (TTM) | $5.79 | $2.05 |
| Dividend yield | 4.82% | 6.28% |
| Annual dividend | $4.24 | $2.89 |
| Revenue (latest FY) | $33.63B | — |
| Revenue growth (YoY) | +54.99% | — |
| Net income (latest FY) | $3.39B | — |
| Gross margin | 30.50% | — |
| Operating margin | 17.07% | — |
| Net margin | 10.09% | — |
| 52-week high | $99.85 | $51.58 |
| 52-week low | $64.02 | $36.20 |
| Distance from 52-week high | -11.82% | -10.88% |
| Analyst consensus | buy | buy |
| Avg. price target upside | +14.93% | +1.61% |
| Average volume | 3.64M | 990.11K |
| Shares outstanding | 630.41M | 581.55M |
| Employees | 6,326 | 2,974 |
| Sector | Utilities | Energy |
| 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 is about 2.1 times larger than Pembina Pipeline by market value ($55.51B vs $26.73B).
- Pembina Pipeline trades at a higher earnings multiple (22.4x vs 15.2x trailing P/E).
- Pembina Pipeline offers a meaningfully higher dividend yield (6.28% vs 4.82%).
- The two companies sit in different sectors: ONEOK in Utilities and Pembina Pipeline in Energy.
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
About Pembina Pipeline
PBA stock →Pembina Pipeline Corporation provides energy transportation and midstream services. It operates through three segments: Pipelines, Facilities, and Marketing & New Ventures.
Energy · Oil & Gas Production · 2,974 employees
OKE vs PBA FAQ
Which is bigger, ONEOK or Pembina Pipeline?
ONEOK (OKE) is larger, with a market capitalization of $55.51B compared with $26.73B for Pembina Pipeline (PBA).
Which stock has performed better over the past year, OKE or PBA?
OKE returned +21.53% over the past 12 months, compared with +12.29% for PBA (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, OKE or PBA?
OKE has the lower trailing P/E at 15.2, versus 22.4 for PBA. 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, ONEOK or Pembina Pipeline?
Pembina Pipeline has the higher yield at 6.28%, compared with 4.82% for ONEOK.
Are ONEOK and Pembina Pipeline in the same industry?
Yes. Both are classified in the Oil & Gas Production industry within the Utilities sector.