ONEOK (OKE) vs TC Energy (TRP)
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 TC Energy (TRP) over the past year, gaining 21.5% versus a gain of 7.8%. Over five years, OKE leads with a +35.2% price change compared with +9.8% for TRP. TC Energy is the larger company by market cap ($61.40 billion vs $55.51 billion), about 1.1 times the size.
On valuation, ONEOK trades at a lower forward P/E (14.1x vs 21.4x for TC Energy). TC Energy offers the higher dividend yield (5.86% 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 | TRP |
|---|---|---|
| Share price | $88.05 | $58.94 |
| Market cap | $55.51B | $61.40B |
| 1-day change | -1.32% | -2.14% |
| YTD return | +19.80% | +7.14% |
| 1-year return | +21.53% | +7.85% |
| 5-year return | +35.21% | +9.80% |
| P/E ratio (TTM) | 15.21 | 23.20 |
| Forward P/E | 14.11 | 21.37 |
| EPS (TTM) | $5.79 | $2.54 |
| Dividend yield | 4.82% | 5.86% |
| Annual dividend | $4.24 | $3.46 |
| 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 | $71.47 |
| 52-week low | $64.02 | $49.27 |
| Distance from 52-week high | -11.82% | -17.53% |
| Analyst consensus | buy | buy |
| Avg. price target upside | +14.93% | +13.05% |
| Average volume | 3.64M | 2.71M |
| Shares outstanding | 630.41M | 1.04B |
| Employees | 6,326 | 6,574 |
| Sector | Utilities | Utilities |
| Industry | Oil & Gas Production | Natural Gas Distribution |
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 TRP by 13.7 percentage points over the past year.
- TC Energy trades at a higher earnings multiple (23.2x vs 15.2x trailing P/E).
- TC Energy offers a meaningfully higher dividend yield (5.86% vs 4.82%).
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 TC Energy
TRP stock →TC Energy Corporation operates as an energy infrastructure company in Canada, the United States, and Mexico. It operates through four segments: Canadian Natural Gas Pipelines; U.S.
Utilities · Natural Gas Distribution · 6,574 employees
OKE vs TRP FAQ
Which is bigger, ONEOK or TC Energy?
TC Energy (TRP) is larger, with a market capitalization of $61.40B compared with $55.51B for ONEOK (OKE).
Which stock has performed better over the past year, OKE or TRP?
OKE returned +21.53% over the past 12 months, compared with +7.85% for TRP (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, OKE or TRP?
OKE has the lower trailing P/E at 15.2, versus 23.2 for TRP. 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 TC Energy?
TC Energy has the higher yield at 5.86%, compared with 4.82% for ONEOK.
Are ONEOK and TC Energy in the same industry?
Both are in the Utilities sector, but in different industries: Oil & Gas Production for ONEOK and Natural Gas Distribution for TC Energy.