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 17,500 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; six NGL storage facilities; and eight NGL product terminals. 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 and electric generation companies, producers, processors, and marketing companies. The company was founded in 1906 and is headquartered in Tulsa, Oklahoma.

ONEOK, Inc.

Magellan Midstream Partners

(pronounced ONE-OAK) (NYSE: OKE ) Originally founded in 1906 as an intrastate natural gas pipeline business in Oklahoma, ONEOK today is one of the largest energy midstream service providers in the U.S., connecting prolific supply basins with key market centers. Its business segments provide safe, reliable energy and services to diverse customers. It owns and operates one of the nation's premier natural gas liquids (NGL) systems and is a leader in the gathering, processing, storage and transportation of natural gas. ONEOK’s operations include a 38,000-mile integrated network of NGL and natural gas pipelines, processing plants, fractionators and storage facilities in the Mid-Continent, Williston, Permian and Rocky Mountain regions. ONEOK’s success is driven by employees who strive to better not only their company but also the communities in which they live. ONEOK is a FORTUNE 500 company and is included in Standard & Poor's (S&P) 500 Stock Index.

ONEOK

We’re wrapping up 2024 CERAWeek with motivation and excitement for what’s to come for the future of energy. Thank you to S&P Global for the opportunity to gather and share insights with leaders from across our industry and the world. 

ONEOK is grateful to have a fantastic group of leaders at CERAWeek representing women in energy and supporting ONEOK’s commitment to fostering diversity, inclusion and progress within our industry. 
#WeAreONEOK

President and CEO Pierce Norton joined fellow industry leaders, Baker Hughes’ Lorenzo Simonelli, Chevron's Clay Neff and ExxonMobil LNG’s Peter Clarke, in a discussion on supplying natural gas to the growing global economy. Norton highlighted the need for multiple forms of energy today and in the future to deliver on the growing demand.

President and CEO Pierce Norton sat down with Yahoo! Finance's Julie Hyman to discuss ONEOK's expansion and outlook on the energy market. Listen now at https://lnkd.in/dDvExUn7

Meet Ashley Zickefoose 👋🏻 
Ashley is a ONEOK employee in environmental, safety and health. Throughout CERAWeek, Ashley is representing ONEOK in the Future Energy Leader program, connecting with peers and participating in thought leadership discussions. Ashley plays a vital role in ONEOK’s success and we’re excited to see the impact she has on the future of energy!

	Dec '13	Dec '14	Dec '15	Dec '16	Dec '17	Dec '18	Dec '19	Dec '20	Dec '21	Dec '22	Dec '23
revenue	14.60B -	12.20B 16.49%	7.76B 36.34%	8.92B 14.91%	12.17B 36.46%	12.59B 3.44%	10.16B 19.29%	8.54B 15.96%	16.54B 93.63%	22.39B 35.35%	17.48B 21.94%
cost of revenue	12.70B -	10.38B 18.23%	6.00B 42.26%	6.89B 14.88%	9.94B 44.38%	9.85B 0.94%	7.26B 26.26%	5.69B 21.69%	12.88B 126.38%	18.54B 43.93%	13.92B 24.88%
gross profit	1.91B -	1.81B 4.90%	1.77B 2.45%	2.03B 15.03%	2.23B 9.65%	2.74B 22.98%	2.90B 5.76%	2.85B 1.60%	3.66B 28.33%	3.85B 5.16%	3.55B 7.76%
selling and marketing expenses
general and administrative expenses
selling general and administrative expenses							876.43M -	761.18M 13.15%	900.42M 18.29%	958.25M 6.42%
research and development expenses
other expenses	6.78M -	-23.48M 446.44%	-4.39M 81.29%	2.03M 146.27%	-9.55M 570.03%	-14.25M 49.24%	982.86M 6,995.36%	886.20M 9.83%	1.07B 20.41%	1.04B 2.21%	570M 45.37%
cost and expenses	13.69B -	11.06B 19.21%	6.69B 39.51%	7.64B 14.29%	10.78B 40.98%	10.76B 0.18%	8.25B 23.34%	6.58B 20.28%	13.95B 112.10%	19.58B 40.40%	13.35B 31.80%
operating expenses	990.45M -	674.89M 31.86%	693.33M 2.73%	757.18M 9.21%	833.59M 10.09%	907.07M 8.82%	982.86M 8.36%	886.20M 9.83%	1.07B 20.41%	1.04B 2.21%	-570M 154.63%
interest expense	334.21M -	356.16M 6.57%	416.79M 17.02%	469.65M 12.68%	485.66M 3.41%	469.62M 3.30%	491.77M 4.72%	712.89M 44.96%	732.92M 2.81%	675.95M 7.77%	888M 31.37%
ebitda	1.42B -	1.46B 3.11%	1.55B 6.11%	1.81B 16.75%	1.95B 7.88%	2.41B 23.34%	2.56B 6.21%	2.71B 6.13%	3.34B 22.92%	3.55B 6.40%	4.89B 37.81%
operating income	926.73M -	1.14B 23.40%	996.16M 12.89%	1.29B 29.06%	1.38B 7.41%	1.84B 32.92%	1.91B 4.30%	2.14B 11.53%	2.60B 21.60%	2.81B 8.13%	4.12B 46.83%
depreciation and amortization	384.38M -	306.04M 20.38%	354.62M 15.87%	391.58M 10.42%	406.33M 3.77%	428.56M 5.47%	642.71M 49.97%	578.66M 9.96%	739.49M 27.79%	741.75M 0.31%	769M 3.67%
total other income expenses net	159.70M -	39.06M 75.54%	-135.54M 446.97%	151.57M 211.82%	130.52M 13.89%	152.69M 16.99%	-263.36M 272.48%	-1.33B 406.08%	-612.05M 54.08%	-557.77M 8.87%	-625M 12.05%
income before tax	740.34M -	819.87M 10.74%	521.88M 36.35%	957.96M 83.56%	1.04B 8.65%	1.52B 45.84%	1.65B 8.77%	802.32M 51.40%	1.98B 147.31%	2.25B 13.38%	3.50B 55.45%
income tax expense	163.38M -	151.16M 7.48%	136.60M 9.63%	212.41M 55.49%	447.28M 110.58%	362.90M 18.86%	372.41M 2.62%	189.51M 49.11%	484.50M 155.66%	527.42M 8.86%	838M 58.89%
net income	266.53M -	314.11M 17.85%	244.98M 22.01%	352.04M 43.70%	387.84M 10.17%	1.15B 196.95%	1.28B 11.02%	612.81M 52.07%	1.50B 144.77%	1.72B 14.80%	2.66B 54.41%
weighted average shs out	206.04M -	209.39M 1.62%	210.21M 0.39%	211.13M 0.44%	297.48M 40.90%	411.49M 38.32%	413.56M 0.50%	431.11M 4.24%	446.40M 3.55%	447.51M 0.25%	484.30M 8.22%
weighted average shs out dil	209.69M -	210.43M 0.35%	210.54M 0.05%	212.38M 0.87%	299.78M 41.15%	414.19M 38.17%	415.44M 0.30%	431.78M 3.93%	447.40M 3.62%	448.45M 0.23%	485.40M 8.24%
eps	1.29 -	1.50 16.28%	1.17 22.00%	1.67 42.74%	1.30 22.16%	2.80 115.38%	3.09 10.36%	1.42 54.05%	3.36 136.62%	3.85 14.58%	5.49 42.60%
epsdiluted	1.27 -	1.49 17.32%	1.16 22.15%	1.66 43.10%	1.29 22.29%	2.78 115.50%	3.08 10.79%	1.42 53.90%	3.35 135.92%	3.84 14.63%	5.48 42.71%

COM:ONEOK

ONEOK Inc.

Last Close

90.15

30/08 20:00

Market Cap

48.05B

Beta: -

Volume Today

2.91M

Avg: -

Preview