ONEOK, Inc.
New York Stock ExchangeCapital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- CEO
- Pierce H. Norton
- Full Time Employees
- 6,326
- Sector
- Energy
- Industry
- Oil & Gas Midstream
- Address
- 100 West Fifth Street Tulsa OK United States of America 74103
- IPO Date
- Oct 1, 1980
- CIK
- 0001039684
- Website
- oneok.com
- Similar Companies
- Business
- ONEOK, Inc. ONEOK, Inc. (NYSE: OKE) operates as a leading diversified energy infrastructure company, providing midstream services including gathering, processing, fractionation, transportation, storage, and marine export of natural gas, natural gas liquids (NGLs), refined products, and crude oil through its approximately 60,000-mile pipeline network and access to nearly 50% of U.S. refining capacity. The company conducts its operations across four primary segments: Natural Gas Gathering and Processing, which serves producers in the Rocky Mountain, Mid-Continent, Permian Basin, and North Texas regions; Natural Gas Liquids, which gathers, fractionates, treats, distributes, and stores NGL products primarily in the Rocky Mountain, Mid-Continent, Permian Basin, and Gulf Coast areas including Louisiana; Natural Gas Pipelines, which offers interstate and intrastate transportation and storage; and Refined Products and Crude, which gathers, transports, stores, distributes, blends, and markets petroleum products. Founded in 1906 as Oklahoma Natural Gas Company and headquartered in Tulsa, Oklahoma, ONEOK serves domestic and international energy markets with a focus on fee-based contracts, targeting producers, end-use markets, and contributing to energy security. In recent developments, the company completed the acquisition of Magellan Midstream Partners in September 2023 to diversify into refined products and crude; acquired a Gulf Coast NGL pipeline system from Easton Energy, Medallion Midstream from Global Infrastructure Partners in October 2024 for $940 million to gain full ownership of its Delaware Basin joint venture, and Global Infrastructure Partners' interest in EnLink Midstream in October 2024 for $3.3 billion, with a definitive agreement announced in late 2024 to acquire the remaining publicly held EnLink common units in a $4.3 billion all-stock tax-free transaction expected to close in the first quarter of 2025, enhancing its integrated position in prolific U.S. basins and Gulf Coast demand hubs.
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