OKE vs. MTDR
OKE (ONEOK, Inc.) and MTDR (Matador Resources Company) are both stocks. Both are in the Energy sector — OKE in Oil & Gas Midstream, MTDR in Oil & Gas E&P. Over the past 10 years, OKE returned 13.71%/yr vs 9.95%/yr for MTDR. A 0.57 correlation means they provide meaningful diversification when combined.
Performance
OKE vs. MTDR - Performance Comparison
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Returns By Period
In the year-to-date period, OKE achieves a 24.15% return, which is significantly lower than MTDR's 33.26% return. Over the past 10 years, OKE has outperformed MTDR with an annualized return of 13.71%, while MTDR has yielded a comparatively lower 9.95% annualized return.
OKE
- 1D
- 2.54%
- 1M
- -1.19%
- YTD
- 24.15%
- 6M
- 19.80%
- 1Y
- 16.56%
- 3Y*
- 20.91%
- 5Y*
- 16.79%
- 10Y*
- 13.71%
MTDR
- 1D
- -1.40%
- 1M
- -10.81%
- YTD
- 33.26%
- 6M
- 26.72%
- 1Y
- 27.70%
- 3Y*
- 8.26%
- 5Y*
- 12.83%
- 10Y*
- 9.95%
OKE vs. MTDR - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
OKE ONEOK, Inc. | 24.15% | -22.94% | 50.10% | 13.21% | 18.86% | 64.67% | -43.45% | 47.76% | 6.27% | -2.12% |
MTDR Matador Resources Company | 33.26% | -22.31% | 0.37% | 0.57% | 55.83% | 207.33% | -32.89% | 15.71% | -50.11% | 20.85% |
Correlation
The correlation between OKE and MTDR is 0.58, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.58 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.58 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.65 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.61 |
Correlation (All Time) Calculated using the full available price history since Feb 3, 2012 | 0.57 |
The correlation between OKE and MTDR has been stable across timeframes, ranging from 0.57 to 0.65 - a consistent structural relationship.
Fundamentals
OKE:
$56.18B
MTDR:
$6.88B
OKE:
$5.61
MTDR:
$3.89
OKE:
15.86
MTDR:
14.33
OKE:
1.13
MTDR:
0.94
OKE:
1.59
MTDR:
2.06
OKE:
2.51
MTDR:
1.23
OKE:
$35.20B
MTDR:
$3.36B
OKE:
$8.43B
MTDR:
$3.43B
OKE:
$7.85B
MTDR:
$1.97B
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Return for Risk
OKE vs. MTDR — Risk / Return Rank
OKE
MTDR
OKE vs. MTDR - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for ONEOK, Inc. (OKE) and Matador Resources Company (MTDR). 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.
| OKE | MTDR | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.04 | ||
| Sortino ratioReturn per unit of downside risk | -0.14 | ||
| Omega ratioGain probability vs. loss probability | 1.13 | 1.14 | -0.01 |
| Calmar ratioReturn relative to maximum drawdown | 0.79 | 0.97 | -0.18 |
| Martin ratioReturn relative to average drawdown | 1.80 | 2.18 | -0.37 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| OKE | MTDR | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.64 | 0.68 | -0.04 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.60 | 0.27 | +0.32 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.35 | 0.15 | +0.20 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.40 | 0.20 | +0.20 |
Drawdowns
OKE vs. MTDR - Drawdown Comparison
The maximum OKE drawdown since its inception was -80.17%, smaller than the maximum MTDR drawdown of -96.50%. Use the drawdown chart below to compare losses from any high point for OKE and MTDR.
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Drawdown Indicators
| OKE | MTDR | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -80.17% | -96.50% | +16.33% |
Max Drawdown (1Y)Largest decline over 1 year | -21.02% | -28.76% | +7.74% |
Max Drawdown (3Y)Largest decline over 3 years | -42.17% | -46.83% | +4.66% |
Max Drawdown (5Y)Largest decline over 5 years | -42.17% | -48.29% | +6.12% |
Max Drawdown (10Y)Largest decline over 10 years | -80.17% | -96.50% | +16.33% |
Current DrawdownCurrent decline from peak | -17.94% | -18.35% | +0.41% |
Average DrawdownAverage peak-to-trough decline | -16.67% | -25.08% | +8.41% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 9.20% | 12.77% | -3.57% |
Volatility
OKE vs. MTDR - Volatility Comparison
The current volatility for ONEOK, Inc. (OKE) is 10.78%, while Matador Resources Company (MTDR) has a volatility of 15.20%. This indicates that OKE experiences smaller price fluctuations and is considered to be less risky than MTDR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| OKE | MTDR | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.78% | 15.20% | -4.42% |
Volatility (6M)Calculated over the trailing 6-month period | 20.76% | 30.39% | -9.63% |
Volatility (1Y)Calculated over the trailing 1-year period | 26.03% | 40.79% | -14.76% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 28.32% | 47.32% | -19.00% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 38.88% | 65.08% | -26.20% |
Dividends
OKE vs. MTDR - Dividend Comparison
OKE's dividend yield for the trailing twelve months is around 4.72%, more than MTDR's 2.58% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MTDR Matador Resources Company | 2.58% | 3.09% | 1.51% | 1.14% | 0.52% | 0.34% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
OKE ONEOK, Inc. | 4.72% | 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. MTDR - Financials Comparison
This section allows you to compare key financial metrics between ONEOK, Inc. and Matador Resources Company. 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. MTDR - 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%.
MTDR - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Matador Resources Company reported a gross profit of 564.11M and revenue of 671.64M. Therefore, the gross margin over that period was 84.0%.
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%.
MTDR - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Matador Resources Company reported an operating income of 46.82M and revenue of 671.64M, resulting in an operating margin of 7.0%.
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%.
MTDR - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Matador Resources Company reported a net income of -35.87M and revenue of 671.64M, resulting in a net margin of -5.3%.
Frequently Asked Questions
OKE and MTDR have a correlation of 0.58, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
MTDR has higher volatility (15.20%) compared to OKE (10.78%). In terms of maximum drawdown, OKE dropped -80.17% vs MTDR's -96.50%.
MTDR currently has the higher Sharpe Ratio (0.68 vs 0.64), 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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