Financial Analysis: C3is (NASDAQ:CISS) and ONEOK (NYSE:OKE)

ONEOK (NYSE:OKE) and C3is (NASDAQ:CISS) are both energy companies, but which is the superior business? We will compare the two companies based on the strength of their valuation, dividends, analyst recommendations, risk, profitability, institutional ownership and earnings.

Volatility and Risk

ONEOK has a beta of 0.82, suggesting that its share price is 18% less volatile than the S&P 500. Comparatively, C3is has a beta of 1.49, suggesting that its share price is 49% more volatile than the S&P 500.

Earnings and Valuation

This table compares ONEOK and C3is”s gross revenue, earnings per share and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
ONEOK	$33.63 billion	1.75	$3.39 billion	$5.80	16.14
C3is	$34.76 million	0.03	$10.47 million	$4,138.37	0.00

ONEOK has higher revenue and earnings than C3is. C3is is trading at a lower price-to-earnings ratio than ONEOK, indicating that it is currently the more affordable of the two stocks.

Analyst Ratings

This is a breakdown of current recommendations and price targets for ONEOK and C3is, as reported by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
ONEOK	0	11	8	1	2.50
C3is	1	0	0	0	1.00

ONEOK currently has a consensus target price of $96.21, suggesting a potential upside of 2.81%. Given ONEOK’s stronger consensus rating and higher probable upside, research analysts clearly believe ONEOK is more favorable than C3is.

Insider and Institutional Ownership

69.1% of ONEOK shares are owned by institutional investors. Comparatively, 10.5% of C3is shares are owned by institutional investors. 0.2% of ONEOK shares are owned by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock will outperform the market over the long term.

Profitability

This table compares ONEOK and C3is’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
ONEOK	9.29%	16.41%	5.48%
C3is	41.33%	14.94%	13.24%

Summary

ONEOK beats C3is on 10 of the 14 factors compared between the two stocks.

About ONEOK

ONEOK, Inc. engages in gathering, processing, fractionation, storage, transportation, and marketing of natural gas and natural gas liquids (NGL) in the United States. It operates through four segments: Natural Gas Gathering and Processing, Natural Gas Liquids, Natural Gas Pipelines, and Refined Products and Crude. The company owns natural gas gathering pipelines and processing plants in the Mid-Continent and Rocky Mountain regions; and provides midstream services to producers of NGLs. It also owns NGL gathering and distribution pipelines in Oklahoma, Kansas, Texas, New Mexico, Montana, North Dakota, Wyoming, and Colorado; terminal and storage facilities in Kansas, Nebraska, Iowa, and Illinois; NGL distribution pipelines in Kansas, Nebraska, Iowa, Illinois, and Indiana; transports refined petroleum products, including unleaded gasoline and diesel; and owns and operates truck- and rail-loading, and -unloading facilities connected to NGL fractionation, storage, and pipeline assets. In addition, the company transports and stores natural gas through regulated interstate and intrastate natural gas transmission pipelines, and natural gas storage facilities. Further, it owns and operates a parking garage in downtown Tulsa, Oklahoma; and leases excess office space and rail cars. Additionally, the company transports, stores, and distributes refined products, NGLs, and crude oil, as well as conducts commodity-related activities, including liquids blending and marketing activities. It serves integrated and independent exploration and production companies; other NGL and natural gas gathering and processing companies; crude oil and natural gas production companies; utilities; industrial companies; natural gasoline distributors; propane distributors; municipalities; ethanol producers; petrochemical, refining, and marketing companies; and heating fuel users, refineries, and exporters. ONEOK, Inc. was founded in 1906 and is headquartered in Tulsa, Oklahoma.

About C3is

C3is Inc. offers international seaborne transportation services. It provides its services to dry bulk charterers, including national and private industrial users, commodity producers and traders, oil producers, refineries, and commodities traders and producers. The company owns and operates a fleet of two drybulk carriers, which transport major bulks, such as iron ore, coal and grains, as well as minor bulks comprising bauxite, phosphate, and fertilizers, and one Aframax crude oil tanker that transports crude oil. C3is Inc. was founded in 2021 and is based in Athens, Greece.