COMPARE · Reviewed August 7, 2026
OKE vs TRMD
Verdict: Side-by-side breakdown using the Bull Rankings model. OKE scored 52.7, TRMD scored 56.7 — TRMD leads.
Compare another set
Different reporting periods. OKE's fundamentals are as of June 2026, but TRMD's are as of December 2025 — a 6-month gap. Growth, margin and valuation figures below therefore describe different windows and aren't strictly like-for-like.
OKE
ONEOK, Inc.
52.7
$86.42 · $54.5B
fundamentals as of
Score gap
4.0
TRMD leads
TRMD
TORM plc
56.7
$29.49 · $3.0B
fundamentals as of
The model, pillar by pillar (0–100 each)
OKE
stronger →← stronger
TRMD
66
Qualityreturns · margins · balance sheet
70
50
Growthrevenue & earnings expansion
50
44
Valuevaluation vs sector peers
52
TRMD is stronger on 2 of 3 pillars.
Fundamentals, head-to-head
OKE
TRMD
$2.8bB
FCF
$190mC
+40.8%A
Rev
-14.1%D
1.43C
D/E
0.48B
14.9xB
P/E
8.6xA-
2.08C
PEG
—
Winner per row is the stronger grade in our model; a tie or a missing value shows no highlight.
Valuation · DCF cross-check
OKE
TRMD
4% below
Price vs fair valuelower is cheaper
30% above
~4%/yr
Growth the price implies10-yr FCF · lower = less priced in
~5%/yr
+1%
1-yr DCF upside
-14%
+5%
5-yr DCF upside
-23%
+11%
10-yr DCF upside
-34%
The DCF is a cross-check on intrinsic value, separate from the quality-growth score above.
Model signals
OKE
Why this score
- Cyclical growth
TRMD
Why this score
- Diluting shareholders
- Cut its dividend
- Revenue shrinking
The companies
OKEONEOK, Inc.
Why now
Oil & Gas Midstream · market cap $54.5b. 10% off the 52-week high of $96.07. Revenue growing +41% — in hypergrowth territory. 21 sell-side analysts rate this a Buy with a mean 1-yr target of $96.14 (implying +11% upside).
Moat
ROE 16% sits above Buffett's preferred 15% threshold — the equity base is compounding at a rate the market struggles to discount accurately. $54.5b market cap gives the company enough scale to absorb fixed costs that subscale competitors can't, without yet being so large that growth has to come from acquisition.
Risk
Dividend payout 73% of earnings on a 4.9% yield — distribution coverage is thin; one earnings stumble could force a dividend cut. Jurisdictional + permitting risk — mining and extraction operations concentrate exposure to political stability, royalty regimes, and environmental review timelines that can stall production for years.
TRMDTORM plc
Why now
Oil & Gas Midstream · market cap $3.0b. 17% off the 52-week high of $35.33. Revenue -14% — in contraction; any catalyst that reverses this triggers re-rating.
Moat
Net margin 21% sits well above the S&P median (~11%) — suggests structural pricing advantage or cost discipline competitors can't quickly close. ROE 13% meets the long-run market sustainable threshold — solid but not differentiated; the durability comes from elsewhere.
Risk
Revenue contracting -14% — the operational turn is not yet visible in the top line. Reserve-replacement treadmill — every barrel or ounce extracted has to be replaced through exploration or acquisition; underspending on replacement reserves shows up in production declines 2-3 years out.
Verdict — model-derived comparison
Generating verdict… typically 5–10 seconds
Not investment advice. The Bull Rankings publishes a quantitative ranking model and accompanying analysis for general informational purposes only. Nothing on this page is a recommendation to buy, sell, or hold any security; nothing is personalized to your circumstances, risk tolerance, or tax situation. Investing carries the risk of loss — invest at your own risk and consider consulting a licensed financial professional before acting on anything you read here. See terms and methodology for full disclosures.