Cheniere Energy, Inc. (LNG) vs ONEOK, Inc. (OKE)

Cheniere Energy, Inc. and ONEOK, Inc. are both Oil & Gas Midstream companies. Cheniere Energy, Inc. and ONEOK, Inc. are of similar size ($57.5B and $56.8B). ONEOK, Inc. trades at the lower P/E: 15.3× against 19.9×. ONEOK, Inc. grew revenue faster over the last twelve months: 40.8% against 17.5%. Cheniere Energy, Inc. has the higher net margin (13.5% vs 9.29%) and the higher return on invested capital (11.8% vs 7.02%). Both pay a dividend; ONEOK, Inc. yields more (5.56% vs 1.04%). Across the 23 metrics below, ONEOK, Inc. leads on 12 and Cheniere Energy, Inc. on 11.

Valuation

Metric LNG OKE Oil & Gas Midstream median
P/E 19.89 15.31 13.19
P/S 2.61 1.42 2.60
P/B 4.88 2.43 2.08
Price to free cash flow 20.70 19.28 10.14
EV/EBITDA 9.95 11.44 8.11
EV/Sales 3.66 2.22 3.89
Earnings yield 5.03% 6.53% 6.83%
Free cash flow yield 4.83% 5.19% 6.94%

Profitability

Metric LNG OKE Oil & Gas Midstream median
Gross margin 38.53% 27.21% 58.81%
Operating margin 29.89% 15.52% 32.14%
Net margin 13.50% 9.29% 21.16%
Free cash flow margin 12.61% 7.38% 10.15%
Return on equity 25.52% 16.27% 11.30%
Return on assets 6.27% 5.49% 5.00%
Return on invested capital 11.80% 7.02% 6.13%

Growth

Metric LNG OKE Oil & Gas Midstream median
Revenue growth (TTM) 17.54% 40.83% 15.44%
EPS growth (last fiscal year) 69.93% 4.84% —
Revenue growth, 5-year CAGR 16.38% 31.53% 8.96%
Net income growth, 5-year CAGR 0.00% 40.87% 0.00%

Health

Metric LNG OKE Oil & Gas Midstream median
Debt to equity 2.09 1.37 0.78
Current ratio 0.87 0.74 1.19
Net debt to EBITDA 2.03 4.40 3.42

Dividend

Metric LNG OKE Oil & Gas Midstream median
Dividend yield 1.04% 5.56% 7.29%
Payout ratio 0.04 0.70 0.64

Size

Metric LNG OKE Oil & Gas Midstream median
Market cap 56.83b 57.48b 3.61b

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