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Compare · OKE vs SWX

OKE vs SWX

Side-by-side comparison of ONEOK Inc. (OKE) and Southwest Gas Holdings Inc. (SWX): market cap, price performance, sector, and recent activity on the wire.

Summary

  • Both OKE and SWX operate in Oil & Gas Production (Utilities), so they compete in similar markets.
  • OKE is the larger of the two at $56.20B, about 8.8x SWX ($6.37B).
  • Over the past year, OKE is up 7.8% and SWX is up 21.4% - SWX leads by 13.6 points.
  • OKE has been more active in the news (12 items in the past 4 weeks vs 1 for SWX).
  • OKE has more recent analyst coverage (25 ratings vs 14 for SWX).
PerformanceOKE+7.79%SWX+21.39%
2025-06-12+0.00%2026-06-11
MetricOKESWX
Company
ONEOK Inc.
Southwest Gas Holdings Inc.
Price
$89.16-1.54%
$88.18-0.75%
Market cap
$56.20B
$6.37B
1M return
+0.83%
-1.95%
1Y return
+7.79%
+21.39%
Industry
Oil & Gas Production
Oil & Gas Production
Exchange
NYSE
NYSE
IPO
News (4w)
12
1
Recent ratings
25
14
OKE

ONEOK Inc.

ONEOK, Inc., together with its subsidiaries, engages in gathering, processing, storage, and transportation of natural gas in the United States. It operates through Natural Gas Gathering and Processing, Natural Gas Liquids, and Natural Gas Pipelines segments. The company owns natural gas gathering pipelines and processing plants in the Mid-Continent and Rocky Mountain regions. It also gathers, treats, fractionates, and transports natural gas liquids (NGL), as well as stores, markets, and distributes NGL products. The company owns NGL gathering and distribution pipelines in Oklahoma, Kansas, Texas, New Mexico, Montana, North Dakota, Wyoming, and Colorado; terminal and storage facilities in Kansas, Missouri, Nebraska, Iowa, and Illinois; and NGL distribution and refined petroleum products pipelines in Kansas, Missouri, Nebraska, Iowa, Illinois, and Indiana, as well as owns and operates truck- and rail-loading, and -unloading facilities connected to NGL fractionation, storage, and pipeline assets. In addition, it operates regulated interstate and intrastate natural gas transmission pipelines and natural gas storage facilities. Further, the company owns and operates a parking garage in downtown Tulsa, Oklahoma; and leases excess office space. It operates 18,900 miles of natural gas gathering pipelines; 1,500 miles of FERC-regulated interstate natural gas pipelines; 5,100 miles of state-regulated intrastate transmission pipeline; and 6 NGL storage facilities. It serves integrated and independent exploration and production companies; NGL and natural gas gathering and processing companies; crude oil and natural gas production companies; propane distributors; municipalities; ethanol producers; and petrochemical, refining, and NGL marketing companies, as well as natural gas distribution companies, electric generation facilities, industrial companies, producers, processors, and marketing companies. The company was founded in 1906 and is headquartered in Tulsa, Oklahoma.

SWX

Southwest Gas Holdings Inc.

Southwest Gas Holdings, Inc., through its subsidiaries, purchases, distributes, and transports natural gas in Arizona, Nevada, and California. The company operates in two segments, Natural Gas Operations and Utility Infrastructure Services. As of December 31, 2020, it had 2,123,000 residential, commercial, industrial, and other natural gas customers. The company also provides trenching and installation, replacement, and maintenance services for energy distribution systems; and industrial construction solutions. Southwest Gas Holdings, Inc. was incorporated in 1931 and is headquartered in Las Vegas, Nevada.

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