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Oneok Inc - OKE STOCK NEWS

Welcome to our dedicated page for Oneok news (Ticker: OKE), a resource for investors and traders seeking the latest updates and insights on Oneok stock.

Overview of ONEOK Inc

ONEOK Inc (NYSE: OKE) is a diversified midstream service provider specializing in the gathering, processing, fractionation, transportation, and storage of natural gas and natural gas liquids (NGLs). With an integrated energy infrastructure network that bridges key production regions and major market centers, ONEOK plays a critical role in connecting upstream supply with downstream demand. The company’s operations span across multiple regions in North America and encompass a broad spectrum of midstream services, making it a pivotal asset in the energy sector.

Core Business and Operations

ONEOK’s business model is centered on providing essential midstream energy services. Its operations include:

  • Natural Gas Gathering and Processing: Collecting raw natural gas, processing it to remove impurities, and preparing it for further distribution.
  • NGL Fractionation and Transportation: Separating and transporting natural gas liquids through an extensive pipeline network to various market hubs.
  • Storage and Logistics: Operating storage facilities that ensure reliability and flexibility in meeting domestic and international energy demand.
  • Integrated Refined Products and Crude Oil Services: Connecting producers, refiners, and consumers within a comprehensive supply chain that enhances asset efficiency and market reach.

The company’s infrastructure supports a vast network of pipelines and storage facilities that underpin its operational efficiency and market penetration. By managing key segments of the energy value chain, ONEOK effectively reduces the need for third-party interventions while safeguarding energy security and supply continuity.

Market Position and Competitive Landscape

ONEOK is positioned as one of the largest diversified energy infrastructure companies in North America. Its strategic investments in midstream capacity, including extensive pipeline networks and state-of-the-art processing facilities, underscore its commitment to operational excellence. The company differentiates itself by combining organic growth with strategic acquisitions that enhance its geographical footprint and service offerings. This integrated approach not only delivers a robust asset portfolio but also provides a competitive edge in terms of scalability and reliability, even as market conditions evolve.

Strategic Value Proposition

At its core, ONEOK offers a value proposition built on reliability, connectivity, and operational expertise. The company’s ability to deliver safe, efficient, and timely energy solutions is central to its success. By investing in scalable infrastructure and leveraging synergistic opportunities across its business segments, ONEOK aligns its operations with the evolving demands of the energy market. This balanced approach ensures that stakeholders receive the benefits of a stable, well-integrated midstream platform.

Investment Research and Industry Insights

For investors and industry observers, ONEOK represents a case study in operational integration and strategic asset management. The company’s business trajectory is supported by its extensive midstream network and its capacity to efficiently manage both natural gas and NGLs. With deep expertise in energy infrastructure and an emphasis on sustainable operational practices, ONEOK continues to serve as a critical node in the U.S. energy landscape.

Overall, ONEOK’s comprehensive network of gathering, processing, storage, and transportation facilities exemplifies the efficiencies that can be achieved through a well-integrated energy infrastructure. Its enduring commitment to operational excellence makes it an important entity in understanding the broader dynamics of the midstream energy sector.

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On April 20, 2023, ONEOK, Inc. (NYSE: OKE) declared a quarterly dividend of 95.5 cents per share, consistent with the previous quarter, leading to an annualized amount of $3.82 per share. This dividend is set to be paid on May 15, 2023, to shareholders on record by the close of business on May 1, 2023. ONEOK operates as a significant midstream service provider, possessing one of the most advanced natural gas liquids systems in the U.S. The company is recognized as a FORTUNE 500 company and is part of the S&P 500.

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ONEOK, Inc. (NYSE: OKE) will engage in investor meetings at the J.P. Morgan Utilities & Midstream Forum on April 6, 2023, in Chicago, Illinois. This event highlights ONEOK's role as a leading midstream service provider with a premier natural gas liquids (NGL) system connecting key markets in the Rocky Mountain, Permian, and Mid-Continent regions. The company's extensive assets include gathering, processing, transportation, and storage facilities. ONEOK is a FORTUNE 500 company and part of the S&P 500. For more details, visit www.oneok.com.

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TULSA, Okla., April 3, 2023 /PRNewswire/ -- ONEOK, Inc. (NYSE: OKE) will announce its first quarter 2023 earnings on May 2, 2023, after market closure. An earnings conference call will follow on May 3, 2023, at 11 a.m. Eastern. Interested participants can join via phone at 877-883-0383 or via webcast at www.oneok.com. The call will be recorded for replay on ONEOK's website for one year, with phone playback available for seven days. As a leading midstream service provider, ONEOK owns a major natural gas liquids system and is part of the S&P 500.

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ONEOK, Inc. (NYSE: OKE) announced its 2023 Annual Meeting of Shareholders to be held virtually on May 24, 2023, at 9 a.m. CDT. Shareholders eligible to vote will be determined as of March 27, 2023. The meeting will be available via live webcast, and registration opens on April 5, 2023. ONEOK is recognized as a leading midstream service provider and is part of the Fortune 500 and S&P 500. It specializes in natural gas liquids and has a comprehensive system connecting supply from key regions to market centers.

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ONEOK, Inc. (NYSE: OKE) is set to participate in notable investor conferences in March 2023. Events include the Barclays Investment Grade Energy and Pipeline Corporate Days on March 1 and the Morgan Stanley Global Energy and Power Conference on March 2. As a leading midstream service provider, ONEOK operates a premier natural gas liquids (NGL) system across critical U.S. regions including the Rocky Mountain and Permian areas. The company is recognized as a FORTUNE 500 member and is included in the S&P 500. For further details, visit oneok.com.

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ONEOK, Inc. (NYSE: OKE) reported higher fourth quarter and full-year 2022 results, with net income increasing by 28% to $484.9 million for Q4 2022 and 15% to $1.72 billion for the full year. Adjusted EBITDA also rose, reaching $967.4 million in Q4, marking a 14% increase. For 2023, ONEOK raised its financial guidance, anticipating net income of $2.41 billion and adjusted EBITDA of $4.575 billion. The company announced plans for capital expenditures of $1.27 billion to $1.48 billion and highlighted strong expected performance from its natural gas and liquids segments. Additionally, a significant insurance settlement related to the Medford incident will positively impact financials.

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ONEOK, Inc. (NYSE: OKE) will participate in the U.S. Capital Advisors Midstream Corporate Access Day on January 24, 2023, in Houston, Texas. This event aims to connect investors with the company, which is a key player in the midstream services sector and operates one of the nation’s premier natural gas liquids systems. Investors can access related materials on ONEOK's website. The company is also a FORTUNE 500 entity and holds a position in the S&P 500 index, underscoring its significance in the energy market.

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FAQ

What is the current stock price of Oneok (OKE)?

The current stock price of Oneok (OKE) is $84.8 as of April 16, 2025.

What is the market cap of Oneok (OKE)?

The market cap of Oneok (OKE) is approximately 53.1B.

What is ONEOK Inc's primary business?

ONEOK Inc is a diversified midstream service provider that gathers, processes, fractions, stores, and transports natural gas and natural gas liquids, while also offering refined product and crude oil services.

Which regions does ONEOK serve?

ONEOK operates across multiple key energy production regions in North America, ensuring connectivity between upstream supply areas and major market centers.

How does ONEOK generate revenue?

Revenue is generated through a combination of service fees for gathering, processing, and transportation, as well as through logistics, storage, and integrated midstream services that connect producers with consumers.

What distinguishes ONEOK from other midstream companies?

ONEOK stands out due to its extensive integrated network, strategic asset investments, and a robust infrastructure that links diverse energy segments, thereby enhancing operational efficiency and market reliability.

What types of services does ONEOK provide?

The company provides a full suite of midstream services including natural gas gathering and processing, NGL fractionation and transportation, storage solutions, and refined products distribution services.

How is ONEOK positioned within the energy industry?

ONEOK is one of the largest diversified energy infrastructure companies in North America, well-regarded for its integrated operations and its strategic role in maintaining energy supply chains.

How does ONEOK manage its asset portfolio?

ONEOK focuses on a balanced approach that combines organic growth with strategic acquisitions, ensuring scalability, operational reliability, and robust asset management across its network.

What should investors know about ONEOK’s business model?

Investors should note that ONEOK's business model revolves around providing essential midstream services that reduce reliance on third-party systems and enhance the connection between energy production and consumption.

How does ONEOK ensure operational excellence?

Operational excellence is achieved through an extensive network of pipelines and processing facilities, strategic investments, and a commitment to safety, efficiency, and innovation in energy infrastructure.

What role does technology play in ONEOK’s services?

Technology is integral to monitoring, optimizing, and managing the expansive network of extraction, processing, and transportation, which helps maintain high standards of efficiency and safety across all operations.
Oneok Inc

NYSE:OKE

OKE Rankings

OKE Stock Data

53.14B
623.39M
0.2%
69.32%
1.82%
Oil & Gas Midstream
Natural Gas Transmission & Distribution
Link
United States
TULSA