OKE vs. IMO
OKE (ONEOK, Inc.) and IMO (Imperial Oil Limited) are both stocks. Both are in the Energy sector — OKE in Oil & Gas Midstream, IMO in Oil & Gas Integrated. Over the past 10 years, OKE returned 13.77%/yr vs 17.61%/yr for IMO. At a 0.37 correlation, their price movements are largely independent.
Performance
OKE vs. IMO - Performance Comparison
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Returns By Period
In the year-to-date period, OKE achieves a 26.44% return, which is significantly lower than IMO's 41.99% return. Over the past 10 years, OKE has underperformed IMO with an annualized return of 13.77%, while IMO has yielded a comparatively higher 17.61% annualized return.
OKE
- 1D
- 1.56%
- 1M
- 2.03%
- YTD
- 26.44%
- 6M
- 26.28%
- 1Y
- 15.65%
- 3Y*
- 20.59%
- 5Y*
- 16.74%
- 10Y*
- 13.77%
IMO
- 1D
- 0.26%
- 1M
- -7.42%
- YTD
- 41.99%
- 6M
- 33.35%
- 1Y
- 56.95%
- 3Y*
- 37.72%
- 5Y*
- 32.35%
- 10Y*
- 17.61%
OKE vs. IMO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
OKE ONEOK, Inc. | 26.44% | -22.94% | 50.10% | 13.21% | 18.86% | 64.67% | -43.45% | 47.76% | 6.27% | -2.12% |
IMO Imperial Oil Limited | 41.99% | 43.85% | 10.47% | 20.89% | 38.00% | 95.29% | -25.37% | 7.16% | -17.21% | -8.36% |
Correlation
The correlation between OKE and IMO is 0.49, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.49 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.49 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.59 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.57 |
Correlation (All Time) Calculated using the full available price history since Jul 16, 1986 | 0.37 |
The correlation between OKE and IMO shifts across timeframes, from 0.37 (all time) to 0.59 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
OKE:
$57.22B
IMO:
$58.80B
OKE:
$5.61
IMO:
$5.87
OKE:
16.15
IMO:
20.67
OKE:
1.15
IMO:
0.45
OKE:
1.62
IMO:
1.30
OKE:
2.56
IMO:
2.58
OKE:
$35.20B
IMO:
$46.55B
OKE:
$8.43B
IMO:
$7.69B
OKE:
$7.85B
IMO:
$6.36B
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Return for Risk
OKE vs. IMO — Risk / Return Rank
OKE
IMO
OKE vs. IMO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for ONEOK, Inc. (OKE) and Imperial Oil Limited (IMO). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| OKE | IMO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.50 | ||
| Sortino ratioReturn per unit of downside risk | -1.73 | ||
| Omega ratioGain probability vs. loss probability | 1.12 | 1.33 | -0.21 |
| Calmar ratioReturn relative to maximum drawdown | 0.75 | 3.47 | -2.72 |
| Martin ratioReturn relative to average drawdown | 1.69 | 10.04 | -8.35 |
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Drawdowns
OKE vs. IMO - Drawdown Comparison
The maximum OKE drawdown since its inception was -80.17%, smaller than the maximum IMO drawdown of -84.82%. Use the drawdown chart below to compare losses from any high point for OKE and IMO.
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Drawdown Indicators
| OKE | IMO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -80.17% | -84.82% | +4.65% |
Max Drawdown (1Y)Largest decline over 1 year | -21.02% | -16.51% | -4.51% |
Max Drawdown (3Y)Largest decline over 3 years | -42.17% | -22.95% | -19.22% |
Max Drawdown (5Y)Largest decline over 5 years | -42.17% | -29.72% | -12.45% |
Max Drawdown (10Y)Largest decline over 10 years | -80.17% | -76.96% | -3.21% |
Current DrawdownCurrent decline from peak | -16.43% | -11.88% | -4.55% |
Average DrawdownAverage peak-to-trough decline | -16.67% | -21.19% | +4.52% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 9.26% | 5.69% | +3.57% |
Volatility
OKE vs. IMO - Volatility Comparison
ONEOK, Inc. (OKE) and Imperial Oil Limited (IMO) have volatilities of 9.70% and 9.97%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| OKE | IMO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.70% | 9.97% | -0.27% |
Volatility (6M)Calculated over the trailing 6-month period | 20.76% | 22.21% | -1.45% |
Volatility (1Y)Calculated over the trailing 1-year period | 26.04% | 27.31% | -1.27% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 28.33% | 32.66% | -4.33% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 38.88% | 35.55% | +3.33% |
Dividends
OKE vs. IMO - Dividend Comparison
OKE's dividend yield for the trailing twelve months is around 4.64%, more than IMO's 1.90% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IMO Imperial Oil Limited | 1.90% | 2.40% | 2.84% | 2.73% | 2.30% | 2.28% | 3.50% | 2.41% | 2.36% | 2.02% | 1.70% | 1.66% |
OKE ONEOK, Inc. | 4.64% | 5.61% | 3.94% | 5.44% | 5.69% | 6.36% | 9.74% | 4.66% | 6.01% | 5.09% | 4.28% | 9.85% |
Financials
OKE vs. IMO - Financials Comparison
This section allows you to compare key financial metrics between ONEOK, Inc. and Imperial Oil Limited. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
OKE vs. IMO - Profitability Comparison
OKE - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, ONEOK, Inc. reported a gross profit of 2.57B and revenue of 9.62B. Therefore, the gross margin over that period was 26.7%.
IMO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Imperial Oil Limited reported a gross profit of 2.51B and revenue of 12.45B. Therefore, the gross margin over that period was 20.2%.
OKE - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, ONEOK, Inc. reported an operating income of 1.43B and revenue of 9.62B, resulting in an operating margin of 14.9%.
IMO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Imperial Oil Limited reported an operating income of 1.23B and revenue of 12.45B, resulting in an operating margin of 9.9%.
OKE - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, ONEOK, Inc. reported a net income of 774.00M and revenue of 9.62B, resulting in a net margin of 8.1%.
IMO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Imperial Oil Limited reported a net income of 940.00M and revenue of 12.45B, resulting in a net margin of 7.6%.
Frequently Asked Questions
OKE and IMO have a correlation of 0.49, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
IMO has higher volatility (9.97%) compared to OKE (9.70%). In terms of maximum drawdown, OKE dropped -80.17% vs IMO's -84.82%.
IMO currently has the higher Sharpe Ratio (2.10 vs 0.60), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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