Better Dividend Stock: Oneok vs. Kinder Morgan
The Motley Fool
by newsfeedback@fool.com (Matt DiLallo)February 15, 2026
AI-Generated Deep Dive Summary
The pipeline sector is home to some of the most reliable dividend-paying stocks, with companies like Oneok (OKE) and Kinder Morgan (KMI) standing out as top choices. Both firms operate in a stable environment, supported by long-term contracts and government-regulated rates, which ensure steady cash flows and the ability to pay attractive dividends. While both companies offer high yields and growing payouts, their business models, growth prospects, and dividend strategies set them apart.
Oneok is known for its focus on liquids pipelines and natural gas gathering systems. The company has consistently increased its dividend over the years, reflecting strong financial performance and a commitment to returning value to shareholders. Oneok’s portfolio includes assets like the Seaway Crude Pipeline and the CO2 business, which provides exposure to both energy transportation and emissions reduction opportunities. Its recent dividend hikes and investments in liquids pipelines make it an appealing option for investors seeking growth within the sector.
On the other hand, Kinder Morgan boasts one of the largest pipeline networks in North America, with a diversified portfolio that includes natural gas, refined products, and CO2 pipelines. The company’s scale and geographic reach provide stability, while its history of dividend increases and share buybacks demonstrate a focus on maximizing returns for shareholders. Kinder Morgan’s recent expansion projects, such as the Permian Highway Pipeline, highlight its ability to grow while maintaining strong cash flow generation.
For investors, the choice between Oneok and Kinder Morgan depends on their priorities. Those looking for exposure to liquids pipelines and growth in NGL storage might prefer Oneok, while Kinder Morgan’s broader network and established track record make it a safer bet for dividend stability. Both companies offer compelling returns, making them strong candidates for those seeking reliable income and long-term appreciation in the pipeline sector.
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Originally published on The Motley Fool on 2/15/2026