OverviewSuggest Edit

ONEOK, Inc., through its general partner interests in ONEOK Partners, L.P., engages in the gathering, processing, storage, and transportation of natural gas in the United States. It operates through the Natural Gas Gathering and Processing, the Natural Gas Liquids, and the Natural Gas Pipelines segments. The company gathers, treats, fractionates, stores, and transports natural gas liquids (NGL), as well as owns natural gas liquids gathering and distribution pipelines, natural gas liquids distribution and refined petroleum products pipelines, and terminal and storage facilities; and operates interstate and intrastate regulated natural gas transmission pipelines and natural gas storage facilities, as well as stores, markets, and distributes NGL products to petrochemical manufacturers, heating fuel users, ethanol producers, refineries, exporters, and propane distributors.

TypePublic
Founded1906
HQTulsa, US
Websiteoneok.com
Employee Ratings3.6

Locations

ONEOK is headquartered in
Tulsa, United States

Location Map

Latest Updates

Employees (est.) (Jan 2020)2,882(+8%)
Job Openings20
Revenue (FY, 2019)$10.2 B(-19%)
Share Price (Oct 2020)$29.8
Cybersecurity ratingCMore

Key People/Management at ONEOK

Charles M. Kelley

Charles M. Kelley

Senior Vice President, Natural Gas
Terry K. Spencer

Terry K. Spencer

President and Chief Executive Officer
Brian L. Derksen

Brian L. Derksen

Director
Robert F. Martinovich

Robert F. Martinovich

Executive Vice President and Chief Administrative Officer
John W. Gibson

John W. Gibson

Chairman of the Board and Retired Chief Executive Officer
Randall J. Larson

Randall J. Larson

Retired Chief Executive Officer
Show more

ONEOK Office Locations

ONEOK has an office in Tulsa
Tulsa, US (HQ)
100 W 5th St
Show all (1)

ONEOK Financials and Metrics

ONEOK Revenue

ONEOK's revenue was reported to be $10.16 b in FY, 2019
USD

Revenue (Q2, 2020)

1.7b

Gross profit (Q2, 2020)

720.3m

Gross profit margin (Q2, 2020), %

43.4%

Net income (Q2, 2020)

134.3m

EBIT (Q2, 2020)

355.7m

Market capitalization (15-Oct-2020)

13.2b

Closing stock price (15-Oct-2020)

29.8

Cash (30-Jun-2020)

945.7m

EV

26.9b
ONEOK's current market capitalization is $13.2 b.
Annual
USDFY, 2009FY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Revenue

11.1b13.0b14.8b12.6b14.6b12.2b7.8b8.9b12.2b12.6b10.2b

Revenue growth, %

(16%)(36%)15%

Cost of goods sold

9.1b11.0b12.4b10.3b9.5b9.4b6.8b

Gross profit

2.0b2.1b2.4b2.4b2.6b3.2b3.4b
Annual
USDFY, 2009FY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Net Income

305.5m334.6m360.6m360.6m577.0m663.1m379.2m743.5m593.5m1.2b1.3b

Depreciation and Amortization

289.0m307.3m312.2m335.8m406.3m428.6m476.5m

Inventories

(266.7m)164.7m65.8m33.3m(202.3m)38.5m(8.3m)

Accounts Payable

154.0m(43.9m)102.6m(31.0m)165.1m(418.0m)(205.1m)287.6m261.3m(320.1m)(62.9m)
USDFY, 2009

Financial Leverage

3.7 x
Show all financial metrics

ONEOK Cybersecurity Score

Cybersecurity ratingPremium dataset

C

78/100

SecurityScorecard logo

ONEOK Online and Social Media Presence

Embed Graph

ONEOK News and Updates

ONEOK Announces Pricing of Common Stock Offering

TULSA, Okla., June 11, 2020 /PRNewswire/ -- ONEOK, Inc. (NYSE: OKE) today announced that it priced its previously announced public offering of 26 million shares of its common stock at a price to the public of $32.00 per share. ONEOK expects gross proceeds from the offering, before...

Oneok stock tumbles after public stock offering representing 6.3% of shares outstanding

Shares of Oneok Inc. tumbled 13.1% in premarket trading Thursday, after the natural gas services company announced a public offering of 26 million shares of common stock. That represents 6.3% of the shares outstanding, as of April 20. The company said it expects to grant the underwriters of the off…

ONEOK Announces $500 Million Decrease in 2020 Capital Spending

TULSA, Okla., March 11, 2020 /PRNewswire/ -- ONEOK, Inc. (NYSE: OKE) today announced a decrease in its 2020 growth capital guidance due to the current commodity price environment. ONEOK now expects capital-growth expenditures in the range of $1.60 billion to $2.40 billion with a midpoint...

What's Wrong With Pembina, And ONEOK And...

After trading in the low $50s for most of February, oil’s per barrel price plunged to $27 and change at one point this week, the lowest level since early 2016.

ONEOK Announces $1.65 Billion Notes Offering

TULSA, Okla., March 5, 2020 /PRNewswire/ -- ONEOK, Inc. (NYSE: OKE) today announced that it has priced an offering to sell $1.65 billion of senior notes, consisting of $400 million of 5-year senior notes at a coupon of 2.20%, $850 million of 10-year senior notes at a coupon of 3.10% and...

ONEOK Dividend Yield Pushes Past 5%

shares of ONEOK were yielding above the 5% mark based on its quarterly dividend
Show more

ONEOK Frequently Asked Questions

  • When was ONEOK founded?

    ONEOK was founded in 1906.

  • Who are ONEOK key executives?

    ONEOK's key executives are Charles M. Kelley, Terry K. Spencer and Brian L. Derksen.

  • How many employees does ONEOK have?

    ONEOK has 2,882 employees.

  • What is ONEOK revenue?

    Latest ONEOK annual revenue is $10.2 b.

  • What is ONEOK revenue per employee?

    Latest ONEOK revenue per employee is $3.5 m.

  • Who are ONEOK competitors?

    Competitors of ONEOK include Targa Resources, Boardwalk Pipeline Partners and OGE Energy.

  • Where is ONEOK headquarters?

    ONEOK headquarters is located at 100 W 5th St, Tulsa.

  • Where are ONEOK offices?

    ONEOK has an office in Tulsa.

  • How many offices does ONEOK have?

    ONEOK has 1 office.