ONEOK (OKE) vs Shell (SHEL)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.
Summary
Shell (SHEL) has outperformed ONEOK (OKE) over the past year, gaining 29.3% versus a gain of 21.5%. Over five years, SHEL leads with a +98.8% price change compared with +35.2% for OKE. Shell is the larger company by market cap ($285.26 billion vs $56.92 billion), about 5.0 times the size, while ONEOK is growing revenue faster (+55.0% vs -6.1%).
On valuation, Shell trades at a lower forward P/E (9.6x vs 14.5x for ONEOK). ONEOK offers the higher dividend yield (4.70% vs 1.51%). ONEOK converts more of its revenue into profit, with a net margin of 10.1% versus 6.7%.
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 | SHEL |
|---|---|---|
| Share price | $90.29 | $100.20 |
| Market cap | $56.92B | $285.26B |
| 1-day change | +2.54% | +3.46% |
| YTD return | +19.80% | +31.80% |
| 1-year return | +21.53% | +29.29% |
| 5-year return | +35.21% | +98.83% |
| P/E ratio (TTM) | 15.59 | 11.06 |
| Forward P/E | 14.47 | 9.56 |
| EPS (TTM) | $5.79 | $9.06 |
| Dividend yield | 4.70% | 1.51% |
| Annual dividend | $4.24 | $1.51 |
| Revenue (latest FY) | $33.63B | $266.89B |
| Revenue growth (YoY) | +54.99% | -6.13% |
| Net income (latest FY) | $3.39B | $17.84B |
| Gross margin | 30.50% | — |
| Operating margin | 17.07% | — |
| Net margin | 10.09% | 6.68% |
| 52-week high | $99.85 | $100.60 |
| 52-week low | $64.02 | $68.63 |
| Distance from 52-week high | -9.57% | -0.40% |
| Analyst consensus | buy | buy |
| Avg. price target upside | +12.08% | +3.87% |
| Average volume | 3.64M | 6.37M |
| Shares outstanding | 630.41M | 2.85B |
| Employees | 6,326 | 84,000 |
| 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
- Shell is about 5.0 times larger than ONEOK by market value ($285.26B vs $56.92B).
- ONEOK trades at a higher earnings multiple (15.6x vs 11.1x trailing P/E).
- ONEOK offers a meaningfully higher dividend yield (4.70% vs 1.51%).
- ONEOK grew revenue faster in its latest fiscal year (+54.99% vs -6.13%).
- The two companies sit in different sectors: ONEOK in Utilities and Shell 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 Shell
SHEL stock →Shell plc operates as an energy and petrochemical company in Europe, Asia, Oceania, Africa, the United States, and other parts of the Americas. It operates through the following segments: Integrated Gas, Upstream, Marketing, Chemicals and Products, and Renewables and Energy Solutions.
Energy · Oil & Gas Production · 84,000 employees
OKE vs SHEL FAQ
Which is bigger, ONEOK or Shell?
Shell (SHEL) is larger, with a market capitalization of $285.26B compared with $56.92B for ONEOK (OKE).
Which stock has performed better over the past year, OKE or SHEL?
SHEL returned +29.29% 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, OKE or SHEL?
SHEL has the lower trailing P/E at 11.1, 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, ONEOK or Shell?
ONEOK has the higher yield at 4.70%, compared with 1.51% for Shell.
Are ONEOK and Shell in the same industry?
Yes. Both are classified in the Oil & Gas Production industry within the Utilities sector.