Oneok Inc - Company Profile
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Business Description
Oneok Inc (Oneok) is a midstream service provider in the US. It operates natural gas liquids (NGL) and natural gas pipelines, processing plants, fractionators and storage facilities in the Mid-Continent, Permian Basin and Rocky Mountain regions.
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R&D Overview
Business Segments
- Natural Gas Gathering and Processing
- Natural Gas Liquids
- Natural Gas Pipelines
- Refined Products and Crude
Overview
Offers midstream services to contracted producers in Montana, Wyoming, North Dakota, Kansas and Oklahoma. In FY2025, the segment incurred a capital expenditure of US$1,314 million, which grew 167.1% YoY.
Performance
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Overview
Gathers, treats, fractionates and transports NGLs and stores, markets and distributes NGL products. Operates facilities in Oklahoma, Kansas, New Mexico, Texas and the Rocky Mountain region. It has an interest in Federal Energy Regulatory Commission (FERC) regulated natural gas liquids gathering, distribution pipelines, storage facilities, natural gas liquids distribution and refined petroleum products pipelines. In FY2025, the segment incurred a capital expenditure of US$758 million, which declined 23.2% YoY.
Performance
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Overview
Operates regulated interstate and intrastate natural gas transmission pipelines and natural gas storage facilities. Interstate pipelines are in North Dakota, Minnesota, Wisconsin, Illinois, Indiana, Kentucky, Tennessee, Oklahoma, Texas and New Mexico and regulated by the FERC. In FY2025, the segment incurred a capital expenditure of US$237 million, which declined 8.1% YoY.
Performance
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Overview
It includes transportation, storage, and distribution of Refined Products and crude oil. In FY2025, the segment incurred a capital expenditure of US$752 million, which grew 248.1% YoY.
Performance
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