• Oil & Gas Midstream
  • Energy
ONEOK, Inc. logo
ONEOK, Inc.
OKE · US · NYSE
80.17
USD
-1.89
(2.36%)
Company Overview

100 WEST 5TH ST,TULSA OK 74103,9185887000

CEO

Mr. Pierce H. Norton II

Employess

4775

Sector

Energy

Industry

Oil & Gas Midstream

Website

https://www.oneok.com

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.

Next Earnings Date

Oct. 29, 2024

Ex Dividends date

Aug. 14, 2024

Dividend Date

Aug. 1, 2024

YTD Performance

12.88%

Fiscal Year End

12-31

IPO Date

1980-10-01

Growth Rates
(avg. rate of change) 10 years 5 years 3 years 1 year
Sales/Revenue 1.81% 6.77% 26.95% -21.94%
EPS 15.58% 14.41% 56.95% 42.60%
Equity 21.57% 20.16% 39.73% 153.84%
Cash 8.51% 95.04% -13.62% 53.48%
Return On Capital (ROIC) 8.76% 8.92% 9.60% 8.21%
Debt
year (millions) 2023 2022 2021 2020 2019
Short Term Debt 507 937 910 21.3 230
Long Term Debt 21,200 12,800 12,800 14,300 12,500
LT Finance Leases 74 80.4 89.4 101 26.2
Shares Outstanding 484 448 446 431 414
Market Cap 34,000 29,400 26,200 16,500 31,300
Price
Business Segments (Beta)
Geographical Segments (Beta)
News
ONEOK (OKE) to Report Q2 Earnings: What's in the Offing?
2 months

ONEOK's (OKE) second-quarter earnings are likely to have continued to gain from fee-based contracts and the completed acquisition of a natural gas liquid pipeline system.

zacks.com
ONEOK Issues Annual Corporate Sustainability Report
2 months

TULSA, Okla. , Aug. 1, 2024 /PRNewswire/ -- ONEOK, Inc. (NYSE: OKE) today announced the release of its annual Corporate Sustainability Report highlighting the company's progress and commitment toward environmental, social and governance (ESG) performance.

prnewswire.com
Oneok Inc. (OKE) Reports Next Week: Wall Street Expects Earnings Growth
2 months

Oneok (OKE) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

zacks.com
5 Best CEFs This Month For Nearly 9% Yield (July 2024)
2 months

For income investors, closed-end funds remain an attractive investment class that covers various asset classes and promises high distributions and reasonable total returns. Closed-end funds, or CEFs, are generally characterized by higher volatility and deeper draw-downs than the broader market. For these reasons, they are not suited for everyone. In this monthly series, we highlight five CEFs with solid track records that pay high distributions and offer “excess” discounts. We try to separate the wheat from the chaff using our filtering process to select just five CEFs every month from around 500 closed-end funds.

seekingalpha.com
Why Investors Need to Take Advantage of These 2 Oils and Energy Stocks Now
2 months

Why investors should use the Zacks Earnings ESP tool to help find stocks that are poised to top quarterly earnings estimates.

zacks.com
ET vs. OKE: Which Stock Is the Better Value Option?
2 months

Investors interested in Oil and Gas - Production Pipeline - MLB stocks are likely familiar with Energy Transfer LP (ET) and Oneok Inc. (OKE). But which of these two stocks offers value investors a better bang for their buck right now?

zacks.com
Winning With Trump: My Top Dividend Picks For Your Portfolio
2 months

As the 2024 General Election nears, it's essential to understand the potential impact of a Trump presidency on our portfolios without bias. Trump's policies could affect sectors like energy, agriculture, and healthcare, shaping the broader economic landscape significantly. By staying informed and adaptable, we can better navigate these uncertain times and enhance our chances of success.

seekingalpha.com
Is a Massive S&P 500 Sell-Off Starting? – Buy 4 Safe Passive Income Dividend Stocks Now
2 months

24/7 Insights The stock market entered the third quarter overbought and may be ready for a big correction Stifel's Barry Bannister has called huge market moves in the past Grab this incredible free report now Access 2 legendary, high-yield dividend stocks Wall Street loves If there is one voice on Wall Street that we always listen to at 24/7 Wall St, it's Stifel's Barry Bannister, and with good reason.

247wallst.com
ONEOK (OKE) Reveals Plans to Expand Pipeline, To Connect Denver
2 months

ONEOK (OKE) reveals plans to expand its pipeline capacity, thus indicating growing demand for refined products and renewable fuels in Denver.

zacks.com
ONEOK Announces Refined Products Pipeline Expansion to the Greater Denver Area
2 months

Includes Expanded Connectivity with Denver International Airport TULSA, Okla. , July 18, 2024 /PRNewswire/ -- ONEOK, Inc. (NYSE: OKE) today announced plans to expand its pipeline capacity connecting Mid-Continent and Gulf Coast refined products supply with the greater Denver area to meet growing demand and increase connectivity with Denver International Airport (DIA).

prnewswire.com
Oneok Inc. (OKE) Ascends While Market Falls: Some Facts to Note
2 months

In the most recent trading session, Oneok Inc. (OKE) closed at $85.37, indicating a +0.36% shift from the previous trading day.

zacks.com
ONEOK Declares Quarterly Dividend
2 months

TULSA, Okla. , July 17, 2024 /PRNewswire/ -- The board of directors of ONEOK, Inc. (NYSE: OKE) today declared a quarterly dividend of 99 cents per share, unchanged from the previous quarter, resulting in an annualized dividend of $3.96 per share.

prnewswire.com