OKE

ONEOK, Inc.

Energy Oil & Gas Midstream NYSE

About the company

Oneok is a well-established energy company that excels in providing a wide range of services related to natural gas and natural gas liquids. With a strong presence in the midcontinent, Permian, and Rocky Mountain regions, the company boasts extensive assets and infrastructure to cater to the growing energy demands in these areas. Oneok's primary focus is on natural gas gathering, processing, storage, and transportation. They have strategically positioned themselves to take advantage of the abundant natural gas reserves in the regions they operate in. By gathering natural gas from various production areas, Oneok ensures a steady supply to meet the demands of residential, commercial, and industrial consumers. Apart from gathering, Oneok also specializes in the processing of natural gas. Processing involves separating impurities and other hydrocarbons from the raw natural gas stream, resulting in a cleaner and more marketable product. Oneok's processing facilities utilize advanced technologies to efficiently extract valuable natural gas liquids (NGLs) such as propane, butane, and ethane. These NGLs have various applications and are in high demand for heating, transportation, and petrochemical industries. Once natural gas is gathered and processed, Oneok takes on the responsibility of storing and transporting it to the end-users. The company operates a vast network of pipelines, storage facilities, and compression stations to ensure efficient and reliable delivery of natural gas. Their well-maintained infrastructure provides a crucial link between the producers and consumers, facilitating the seamless flow of energy. In addition to natural gas transportation, Oneok is also involved in the transportation and fractionation of natural gas liquids. The company's robust pipeline system enables the safe and timely transport of NGLs to various markets. Furthermore, their fractionation facilities separate mixed NGL streams into their individual components, making them readily available for various industrial applications. Oneok's commitment to environmental sustainability is evident through their investments in modern technologies and infrastructure. By using advanced techniques like carbon capture, they minimize the environmental impact of their operations. The company also adheres to rigorous safety standards to ensure the protection of their employees, the communities they operate in, and the environment. Oneok's success can be attributed to their dedicated workforce and strong partnerships with producers, suppliers, and customers. Their expertise in the energy sector, combined with their vast network, allows them to create value for all stakeholders. As the demand for clean and reliable energy continues to grow, Oneok remains at the forefront, consistently adapting and expanding their operations to meet the evolving needs of the market. In summary, Oneok is a trusted provider of natural gas and natural gas liquids services, offering a comprehensive range of solutions from gathering and processing to storage, transportation, and fractionation. With their expansive assets and infrastructure in key regions, the company is well-positioned to meet the energy demands of today and tomorrow. Their commitment to environmental responsibility and safety ensures a sustainable and reliable energy future.

Website: https://www.oneok.com

Data updated: June 5, 2026

Sector comparison

We compare this company with the typical (middle) company in the same industry to show how it looks against similar businesses. This is information, not a recommendation.

Energy · 238 peers in sector

Metric OKE Sector median Vs. industry
P/E 15.46 16.03 ↓ Below average
EPS 5.61 USD 0.91 USD ↑ Above average
Dividend yield 4.84% 1.56% ↑ Above average
Profit margin 10.03% 7.14% ↑ Above average
ROE 15.90% 9.86% ↑ Above average

Higher and lower here are only a comparison with the typical company in the industry — a higher or lower value on its own does not mean better or worse.

Financial statements & historical data

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Frequently Asked Questions

What is ONEOK, Inc.?
Oneok is a well-established energy company that excels in providing a wide range of services related to natural gas and natural gas liquids. With a strong presence in the midcontinent, Permian, and Rocky Mountain regions, the company boasts extensive assets and infrastructure to cater to the growing energy demands in these areas. Oneok's primary focus is on natural gas gathering, processing, storage, and transportation. They have strategically positioned themselves to take advantage of the abundant natural gas reserves in the regions they operate in. By gathering natural gas from various production areas, Oneok ensures a steady supply to meet the demands of residential, commercial, and industrial consumers. Apart from gathering, Oneok also specializes in the processing of natural gas. Processing involves separating impurities and other hydrocarbons from the raw natural gas stream, resulting in a cleaner and more marketable product. Oneok's processing facilities utilize advanced technologies to efficiently extract valuable natural gas liquids (NGLs) such as propane, butane, and ethane. These NGLs have various applications and are in high demand for heating, transportation, and petrochemical industries. Once natural gas is gathered and processed, Oneok takes on the responsibility of storing and transporting it to the end-users. The company operates a vast network of pipelines, storage facilities, and compression stations to ensure efficient and reliable delivery of natural gas. Their well-maintained infrastructure provides a crucial link between the producers and consumers, facilitating the seamless flow of energy. In addition to natural gas transportation, Oneok is also involved in the transportation and fractionation of natural gas liquids. The company's robust pipeline system enables the safe and timely transport of NGLs to various markets. Furthermore, their fractionation facilities separate mixed NGL streams into their individual components, making them readily available for various industrial applications. Oneok's commitment to environmental sustainability is evident through their investments in modern technologies and infrastructure. By using advanced techniques like carbon capture, they minimize the environmental impact of their operations. The company also adheres to rigorous safety standards to ensure the protection of their employees, the communities they operate in, and the environment. Oneok's success can be attributed to their dedicated workforce and strong partnerships with producers, suppliers, and customers. Their expertise in the energy sector, combined with their vast network, allows them to create value for all stakeholders. As the demand for clean and reliable energy continues to grow, Oneok remains at the forefront, consistently adapting and expanding their operations to meet the evolving needs of the market. In summary, Oneok is a trusted provider of natural gas and natural gas liquids services, offering a comprehensive range of solutions from gathering and processing to storage, transportation, and fractionation. With their expansive assets and infrastructure in key regions, the company is well-positioned to meet the energy demands of today and tomorrow. Their commitment to environmental responsibility and safety ensures a sustainable and reliable energy future.
Are ONEOK, Inc. shares expensive?
The price-to-earnings (P/E) ratio of ONEOK, Inc. is 15.46 — the share price is 15.46 times the annual profit per share. That is lower than the typical company in the same industry (industry median: 16.03). This is information, not a recommendation. (as of 2026-06-05)
How big is ONEOK, Inc.?
The market capitalization of ONEOK, Inc. — the combined value of all its shares — is 54.66 B USD. The higher the market cap, the larger the company. (as of 2026-06-05)
Does ONEOK, Inc. pay dividends?
The dividend yield of ONEOK, Inc. is 4.84% — it shows the annual dividend relative to the share price. This is information, not a recommendation. (as of 2026-06-05)
What sector does ONEOK, Inc. belong to?
ONEOK, Inc. operates in the Energy sector, industry: Oil & Gas Midstream.

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