Subtext

ONEOK, Inc. OKE

SectorEnergy
Transcripts60
Date range2010-04-30 – 2025-04-30
Calls charted60

Sentiment timeline

Net Loughran-McDonald sentiment per call (×1000), earliest → latest.

-14-7+0+7+142010 Q12012 Q22014 Q22016 Q22018 Q22020 Q22022 Q22024 Q22010 Q1 · Overall: +6.12010 Q2 · Overall: +4.02010 Q4 · Overall: +3.02011 Q1 · Overall: +4.62011 Q2 · Overall: +3.82011 Q3 · Overall: +6.02011 Q4 · Overall: -0.92012 Q1 · Overall: +6.12012 Q2 · Overall: +0.12012 Q3 · Overall: +2.42012 Q4 · Overall: -2.22013 Q1 · Overall: -6.52013 Q2 · Overall: -4.22013 Q3 · Overall: -1.32013 Q4 · Overall: +0.62014 Q1 · Overall: +0.92014 Q2 · Overall: +1.02014 Q3 · Overall: +1.42014 Q4 · Overall: +3.92015 Q1 · Overall: +2.02015 Q2 · Overall: +5.52015 Q3 · Overall: +3.62015 Q4 · Overall: +0.82016 Q1 · Overall: +8.12016 Q2 · Overall: +4.32016 Q3 · Overall: +7.22016 Q4 · Overall: +3.82017 Q1 · Overall: +3.92017 Q2 · Overall: +4.52017 Q3 · Overall: +5.42017 Q4 · Overall: +4.12018 Q1 · Overall: +1.52018 Q2 · Overall: +3.22018 Q3 · Overall: +3.62018 Q4 · Overall: +4.72019 Q1 · Overall: -0.62019 Q2 · Overall: +3.72019 Q3 · Overall: +2.22019 Q4 · Overall: +1.12020 Q1 · Overall: -2.02020 Q2 · Overall: +3.42020 Q3 · Overall: +1.92020 Q4 · Overall: +6.32021 Q1 · Overall: +3.42021 Q2 · Overall: +5.92021 Q3 · Overall: +6.62021 Q4 · Overall: +3.62022 Q1 · Overall: +5.72022 Q2 · Overall: +4.42022 Q3 · Overall: -1.62022 Q4 · Overall: +6.32023 Q1 · Overall: +8.62023 Q2 · Overall: +11.02023 Q3 · Overall: +7.92023 Q4 · Overall: +7.42024 Q1 · Overall: +6.32024 Q2 · Overall: +9.22024 Q3 · Overall: +5.12024 Q4 · Overall: +12.22025 Q1 · Overall: +6.8
Overall

CEO vs CFO

Average sentiment of each executive's remarks per call. Divergence is a signal.

-33-16+0+16+332010 Q12012 Q22014 Q22016 Q22018 Q22020 Q22022 Q22024 Q22010 Q1 · CEO: +7.62010 Q2 · CEO: +2.32010 Q4 · CEO: +5.52011 Q1 · CEO: +8.12011 Q2 · CEO: +6.12011 Q3 · CEO: +8.12011 Q4 · CEO: +0.02012 Q1 · CEO: +13.22012 Q2 · CEO: +8.92012 Q3 · CEO: +5.22012 Q4 · CEO: -0.62013 Q1 · CEO: -2.82013 Q2 · CEO: +1.92013 Q3 · CEO: +4.12013 Q4 · CEO: +7.02014 Q1 · CEO: +6.12014 Q2 · CEO: +2.12014 Q3 · CEO: +6.92014 Q4 · CEO: +7.02015 Q1 · CEO: +6.82015 Q2 · CEO: +10.02015 Q3 · CEO: +3.82015 Q4 · CEO: +1.02016 Q1 · CEO: +7.62016 Q2 · CEO: +6.92016 Q3 · CEO: +10.12016 Q4 · CEO: +8.12017 Q1 · CEO: +7.62017 Q2 · CEO: +14.72017 Q3 · CEO: +4.72017 Q4 · CEO: +4.72018 Q1 · CEO: +1.72018 Q2 · CEO: +2.92018 Q3 · CEO: +17.32018 Q4 · CEO: +7.22019 Q1 · CEO: +6.82019 Q2 · CEO: +5.32019 Q3 · CEO: +8.12019 Q4 · CEO: +9.42020 Q1 · CEO: +5.12020 Q2 · CEO: +3.12020 Q3 · CEO: +13.72020 Q4 · CEO: +7.42021 Q1 · CEO: +11.32021 Q2 · CEO: +11.82021 Q3 · CEO: +18.52021 Q4 · CEO: +23.32022 Q1 · CEO: +0.02022 Q2 · CEO: +1.62022 Q3 · CEO: +9.22022 Q4 · CEO: +23.92023 Q1 · CEO: +19.92023 Q2 · CEO: +22.72023 Q3 · CEO: +13.22023 Q4 · CEO: +6.42024 Q2 · CEO: +9.22024 Q3 · CEO: +12.72024 Q4 · CEO: +20.62025 Q1 · CEO: +13.02010 Q1 · CFO: +3.22010 Q2 · CFO: +5.72010 Q4 · CFO: +9.12011 Q1 · CFO: +9.92011 Q2 · CFO: +12.82011 Q3 · CFO: +12.22011 Q4 · CFO: +8.22012 Q1 · CFO: +3.82012 Q2 · CFO: +1.72012 Q3 · CFO: +2.52012 Q4 · CFO: +2.72013 Q1 · CFO: +6.62013 Q2 · CFO: +2.62013 Q3 · CFO: +1.12013 Q4 · CFO: -1.42014 Q1 · CFO: -5.62014 Q2 · CFO: +7.32014 Q3 · CFO: -1.92014 Q4 · CFO: +6.52015 Q1 · CFO: +0.02015 Q2 · CFO: +13.62015 Q3 · CFO: +2.62015 Q4 · CFO: +3.12016 Q1 · CFO: +8.62016 Q2 · CFO: +14.62016 Q3 · CFO: +15.82016 Q4 · CFO: +14.82017 Q1 · CFO: -3.82017 Q2 · CFO: +6.42017 Q3 · CFO: +5.32017 Q4 · CFO: +9.92018 Q1 · CFO: +4.92018 Q2 · CFO: +5.92018 Q3 · CFO: +16.42018 Q4 · CFO: +12.42019 Q1 · CFO: +6.72019 Q2 · CFO: +11.82019 Q3 · CFO: +8.92019 Q4 · CFO: +1.72020 Q1 · CFO: -8.42020 Q2 · CFO: +17.02020 Q3 · CFO: +3.82020 Q4 · CFO: +19.82021 Q1 · CFO: +2.42021 Q2 · CFO: +15.32021 Q3 · CFO: +15.72021 Q4 · CFO: +4.72022 Q1 · CFO: +28.62022 Q2 · CFO: +13.52022 Q3 · CFO: -2.12022 Q4 · CFO: +4.92023 Q1 · CFO: +13.62023 Q2 · CFO: +12.92023 Q3 · CFO: +12.42023 Q4 · CFO: +9.12024 Q2 · CFO: +9.82024 Q3 · CFO: +5.22024 Q4 · CFO: +10.02025 Q1 · CFO: +10.4
CEOCFO

Prepared remarks vs Q&A

Scripted tone vs unscripted answers. The gap is information.

-21-10+0+10+212010 Q12012 Q22014 Q22016 Q22018 Q22020 Q22022 Q22024 Q22010 Q1 · Prepared remarks: +10.52010 Q2 · Prepared remarks: +6.82010 Q4 · Prepared remarks: +5.32011 Q1 · Prepared remarks: +8.32011 Q2 · Prepared remarks: +9.22011 Q3 · Prepared remarks: +6.92011 Q4 · Prepared remarks: +2.82012 Q1 · Prepared remarks: +6.92012 Q2 · Prepared remarks: +0.02012 Q3 · Prepared remarks: +2.72012 Q4 · Prepared remarks: -3.12013 Q1 · Prepared remarks: -3.52013 Q2 · Prepared remarks: -7.32013 Q3 · Prepared remarks: +0.72013 Q4 · Prepared remarks: +7.92014 Q1 · Prepared remarks: +0.92014 Q2 · Prepared remarks: +7.12014 Q3 · Prepared remarks: +3.92014 Q4 · Prepared remarks: +10.32015 Q1 · Prepared remarks: +7.02015 Q2 · Prepared remarks: +9.82015 Q3 · Prepared remarks: +3.22015 Q4 · Prepared remarks: +4.02016 Q1 · Prepared remarks: +9.42016 Q2 · Prepared remarks: +12.62016 Q3 · Prepared remarks: +14.02016 Q4 · Prepared remarks: +10.92017 Q1 · Prepared remarks: +4.32017 Q2 · Prepared remarks: +6.22017 Q3 · Prepared remarks: +3.22017 Q4 · Prepared remarks: +8.22018 Q1 · Prepared remarks: +1.82018 Q2 · Prepared remarks: +8.62018 Q3 · Prepared remarks: +10.02018 Q4 · Prepared remarks: +8.12019 Q1 · Prepared remarks: +6.12019 Q2 · Prepared remarks: +9.12019 Q3 · Prepared remarks: +5.22019 Q4 · Prepared remarks: +5.12020 Q1 · Prepared remarks: -1.02020 Q2 · Prepared remarks: +6.12020 Q3 · Prepared remarks: +10.92020 Q4 · Prepared remarks: +10.12021 Q1 · Prepared remarks: +10.62021 Q2 · Prepared remarks: +12.12021 Q3 · Prepared remarks: +6.22021 Q4 · Prepared remarks: +9.72022 Q1 · Prepared remarks: +6.02022 Q2 · Prepared remarks: +2.92022 Q3 · Prepared remarks: +1.92022 Q4 · Prepared remarks: +13.32023 Q1 · Prepared remarks: +13.92023 Q2 · Prepared remarks: +13.32023 Q3 · Prepared remarks: +13.82023 Q4 · Prepared remarks: +13.72024 Q1 · Prepared remarks: +7.92024 Q2 · Prepared remarks: +12.82024 Q3 · Prepared remarks: +5.22024 Q4 · Prepared remarks: +15.92025 Q1 · Prepared remarks: +6.42010 Q1 · Q&A responses: +4.22010 Q2 · Q&A responses: +1.42010 Q4 · Q&A responses: +3.82011 Q1 · Q&A responses: +3.32011 Q2 · Q&A responses: +0.92011 Q3 · Q&A responses: +6.02011 Q4 · Q&A responses: -1.12012 Q1 · Q&A responses: +5.62012 Q3 · Q&A responses: +6.82012 Q4 · Q&A responses: -1.12013 Q1 · Q&A responses: -5.22013 Q2 · Q&A responses: +4.32013 Q3 · Q&A responses: -1.62013 Q4 · Q&A responses: -0.32014 Q1 · Q&A responses: +4.02014 Q2 · Q&A responses: +0.42014 Q3 · Q&A responses: +0.02014 Q4 · Q&A responses: +2.92015 Q1 · Q&A responses: +1.12015 Q2 · Q&A responses: +5.52015 Q3 · Q&A responses: +6.02015 Q4 · Q&A responses: -1.82016 Q1 · Q&A responses: +8.32016 Q2 · Q&A responses: +0.02016 Q3 · Q&A responses: +7.62016 Q4 · Q&A responses: +1.22017 Q1 · Q&A responses: +4.42017 Q2 · Q&A responses: +6.22017 Q3 · Q&A responses: +7.22017 Q4 · Q&A responses: +0.02018 Q2 · Q&A responses: +1.72018 Q3 · Q&A responses: +6.62018 Q4 · Q&A responses: +5.62019 Q1 · Q&A responses: +3.12019 Q2 · Q&A responses: +2.32019 Q3 · Q&A responses: +3.92019 Q4 · Q&A responses: +3.62020 Q1 · Q&A responses: -3.02020 Q2 · Q&A responses: +3.62020 Q3 · Q&A responses: +0.22020 Q4 · Q&A responses: +3.72021 Q1 · Q&A responses: +4.02021 Q2 · Q&A responses: +7.92021 Q3 · Q&A responses: +9.32021 Q4 · Q&A responses: +3.02022 Q1 · Q&A responses: +12.52022 Q2 · Q&A responses: +9.92022 Q3 · Q&A responses: +2.52022 Q4 · Q&A responses: +6.12023 Q1 · Q&A responses: +10.92023 Q2 · Q&A responses: +17.82023 Q3 · Q&A responses: +11.32023 Q4 · Q&A responses: +6.52024 Q1 · Q&A responses: +10.92024 Q2 · Q&A responses: +12.92024 Q3 · Q&A responses: +8.92024 Q4 · Q&A responses: +15.02025 Q1 · Q&A responses: +13.2
Prepared remarksQ&A responses

Tone vs forward expectations

Management tone next to Wall Street's forward-looking numbers (glopardo): the 12-month forward EPS estimate and the forward P/E per call.

Forward EPS estimate

$1.27$3.59$5.902010 Q12012 Q22014 Q22016 Q22018 Q22020 Q22022 Q22024 Q22014 Q1: $1.772014 Q2: $1.802014 Q3: $1.912014 Q4: $1.842015 Q1: $1.642015 Q2: $1.592015 Q3: $1.632015 Q4: $1.712016 Q1: $1.772016 Q2: $1.922016 Q3: $1.852016 Q4: $1.812017 Q1: $2.092017 Q2: $1.832017 Q3: $2.032017 Q4: $2.192018 Q1: $2.592018 Q2: $2.752018 Q3: $2.822018 Q4: $2.832019 Q1: $3.092019 Q2: $3.372019 Q3: $3.652019 Q4: $3.882020 Q1: $3.742020 Q2: $2.792020 Q3: $2.602020 Q4: $2.912021 Q1: $3.142021 Q2: $3.352021 Q3: $3.502021 Q4: $3.872022 Q1: $4.012022 Q2: $4.132022 Q3: $4.262022 Q4: $4.462023 Q1: $5.282023 Q2: $5.162023 Q3: $5.102023 Q4: $4.872024 Q1: $5.152024 Q2: $5.302024 Q3: $5.58

Forward P/E

1.5719.9838.392010 Q12012 Q22014 Q22016 Q22018 Q22020 Q22022 Q22024 Q22014 Q1: 33.572014 Q2: 35.672014 Q3: 35.852014 Q4: 25.812015 Q1: 28.922015 Q2: 24.662015 Q3: 22.092015 Q4: 12.212016 Q1: 16.652016 Q2: 23.512016 Q3: 25.182016 Q4: 31.692017 Q1: 25.632017 Q2: 27.132017 Q3: 27.792017 Q4: 24.302018 Q1: 22.052018 Q2: 25.092018 Q3: 24.652018 Q4: 19.752019 Q1: 21.782019 Q2: 19.662019 Q3: 20.962019 Q4: 19.042020 Q1: 4.112020 Q2: 12.992020 Q3: 10.782020 Q4: 13.972021 Q1: 16.042021 Q2: 17.052021 Q3: 15.892021 Q4: 15.392022 Q1: 16.112022 Q2: 14.442022 Q3: 14.872022 Q4: 14.932023 Q1: 11.522023 Q2: 11.722023 Q3: 13.142023 Q4: 13.822024 Q1: 14.972024 Q2: 15.092024 Q3: 16.82

Divergence watch ⚑

Quarters where tone and the forward EPS estimate moved opposite ways.

  • 2014 Q4 tone ↑ +2.5 fwd EPS ↓ -0.07 Tone rose while the forward EPS estimate was cut.
  • 2015 Q2 tone ↑ +3.5 fwd EPS ↓ -0.05 Tone rose while the forward EPS estimate was cut.
  • 2015 Q4 tone ↓ -2.8 fwd EPS ↑ +0.08 Tone cooled even as the forward EPS estimate rose.
  • 2016 Q2 tone ↓ -3.8 fwd EPS ↑ +0.14 Tone cooled even as the forward EPS estimate rose.
  • 2016 Q3 tone ↑ +3.0 fwd EPS ↓ -0.06 Tone rose while the forward EPS estimate was cut.
  • 2018 Q1 tone ↓ -2.6 fwd EPS ↑ +0.40 Tone cooled even as the forward EPS estimate rose.
  • 2019 Q1 tone ↓ -5.3 fwd EPS ↑ +0.26 Tone cooled even as the forward EPS estimate rose.
  • 2020 Q2 tone ↑ +5.4 fwd EPS ↓ -0.95 Tone rose while the forward EPS estimate was cut.
  • 2021 Q1 tone ↓ -3.0 fwd EPS ↑ +0.23 Tone cooled even as the forward EPS estimate rose.
  • 2021 Q4 tone ↓ -3.0 fwd EPS ↑ +0.37 Tone cooled even as the forward EPS estimate rose.
  • 2022 Q3 tone ↓ -6.0 fwd EPS ↑ +0.13 Tone cooled even as the forward EPS estimate rose.
  • 2023 Q2 tone ↑ +2.4 fwd EPS ↓ -0.13 Tone rose while the forward EPS estimate was cut.
  • 2024 Q3 tone ↓ -4.1 fwd EPS ↑ +0.28 Tone cooled even as the forward EPS estimate rose.

Recent transcripts

CallDateSentiment ×1000Fwd EPSFwd P/E
2025 Q12025-04-30+6.8——View →
2024 Q42025-02-25+12.2——View →
2024 Q32024-10-30+5.1$5.5816.8View →
2024 Q22024-08-06+9.2$5.3015.1View →
2024 Q12024-05-01+6.3$5.1515.0View →
2023 Q42024-02-27+7.4$4.8713.8View →
2023 Q32023-11-01+7.9$5.1013.1View →
2023 Q22023-08-08+11.0$5.1611.7View →