ONEOK, Inc. (OKE)
NYSE · Energy · Oil & Gas Midstream
Profile
ONEOK, Inc.
- Exchange
- NYSE
- Ticker
- OKE
- Sector
- Energy
- Industry
- Oil & Gas Midstream
- Country
- US
ONEOK, Inc., along with its subsidiaries, functions as a leading energy infrastructure company within the United States. Its primary focus is the comprehensive management of natural gas, encompassing gathering, processing, storage, and transportation. These operations are structured into three distinct segments: Natural Gas Gathering and Processing, Natural Gas Liquids (NGL), and Natural Gas Pipelines. The company owns an extensive system of natural gas gathering pipelines and processing plants, predominantly situated in the Mid-Continent and Rocky Mountain regions. Furthermore, ONEOK manages both federally (FERC) and state-regulated interstate and intrastate natural gas transmission pipelines, alongside crucial natural gas storage facilities. A significant component of ONEOK's business is dedicated to Natural Gas Liquids. The company handles the entire NGL value chain, from collecting, treating, and fractionating to transporting, storing, marketing, and distributing these products. Its NGL infrastructure includes a broad network of gathering and distribution pipelines across Oklahoma, Kansas, Texas, New Mexico, Montana, North Dakota, Wyoming, and Colorado. Additionally, NGL terminal and storage assets are maintained in Kansas, Missouri, Nebraska, Iowa, and Illinois. ONEOK also operates pipelines for NGL distribution and refined petroleum products throughout Kansas, Missouri, Nebraska, Iowa, Illinois, and Indiana, supported by integrated truck and rail loading and unloading facilities connected to its NGL fractionation, storage, and pipeline network. The company's substantial physical footprint comprises approximately 17,500 miles of natural gas gathering pipelines, 1,500 miles of FERC-regulated interstate natural gas pipelines, and 5,100 miles of state-regulated intrastate transmission pipelines. The NGL segment benefits from six storage facilities and eight product terminals. Separately, ONEOK also owns and leases a parking garage and excess office space in downtown Tulsa, Oklahoma. ONEOK serves a wide and varied customer base throughout the energy sector. This includes integrated and independent exploration and production (E&P) companies, natural gas and NGL gathering and processing enterprises, crude oil and natural gas producers, propane distributors, municipalities, and ethanol producers. The company also supports petrochemical, refining, and NGL marketing firms, as well as natural gas distribution utilities, electric power generation companies, and various other energy producers, processors, and marketers. Founded in 1906, ONEOK, Inc. is headquartered in Tulsa, Oklahoma.
Key facts
ONEOK, Inc.: key facts
- ONEOK, Inc. (NYSE: OKE) is a Oil & Gas Midstream company in the Energy sector.
- In fiscal 2025, ONEOK, Inc. reported revenue of $33.6B and net income of $3.4B.
- Revenue grew 18.1% a year over the last 4 fiscal years.
- Free cash flow was positive in 5 of the last 5 fiscal years.
- Net income was positive in 5 of the last 5 fiscal years.
- Over the last twelve months, revenue was $43.2B and net income was $4.1B.
MonkScore
ONEOK, Inc.'s MonkScore
MonkScore
MonkScore range: 50–60
as of October 2026
Sector rank: 117 of 301 in Energy
How this score is madeDisclaimer
Pillar ranges
- Growth70–80
- Profitability40–50
- Quality30–40
- Market Conviction40–50
- Safety30–40
The MonkScore runs from 0 to 100. Each range is one of ten 10-point groups, from 0–10 to 90–100.
Each pillar's range uses the same ten groups. The exact score and the pillar scores are in the MonkStreet app.
Fundamentals
Figures from the statements
ONEOK, Inc.'s annual figures and the last twelve months, in USD. Last report: 30 September 2026.
| Figure | Last 12 months | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Revenue | $43.2B | $33.6B | $21.6B | $17.7B | $22.9B | $17.3B |
| Gross profit | $8.5B | $7.2B | $5.1B | $5.7B | $3.1B | $3.0B |
| Operating income | $7.3B | $7.0B | $5.0B | $4.1B | $3.0B | $2.9B |
| Net income | $4.1B | $3.4B | $3.0B | $2.7B | $1.7B | $1.5B |
| Operating cash flow | $5.9B | $5.6B | $4.9B | $4.4B | $2.9B | $2.5B |
| Capital expenditure | -$3.4B | -$3.2B | -$2.0B | -$1.6B | -$1.2B | -$696.9M |
| Free cash flow | $2.5B | $2.4B | $2.9B | $2.8B | $1.7B | $1.8B |
| Total debt | $28.5B | $32.8B | $32.3B | $21.8B | $13.7B | $13.7B |
| Cash | $186.0M | $78.0M | $733.0M | $338.0M | $220.0M | $146.4M |
Revenue growth a year
- 1-year
- 55.4%
- 3-year
- 13.7%
- 4-year
- 18.1%
Compound growth between fiscal years.
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Page built on 31 October 2026.