OKE - Oneok Inc /new/

Company Overview

Name

Oneok Inc /new/

Tickers

OKE

Exchanges

NYSE

Employees

4775

Founded

1906

Sector Information

Other Information

CIK

1039684

Category

Large accelerated filer

1-Line Summary

OneOK is a leading diversified midstream service provider for energy products and services in North America.

Company summary

OneOK, incorporated in Oklahoma and listed on the NYSE as 'OKE', is a leading midstream service provider essential in the energy sector. The company operates an extensive infrastructure network, including over 50,000 miles of pipelines, which enables the transportation, processing, and storage of energy products, such as natural gas, refined products, and crude oil. Through its diversified operations, OneOK plays a crucial role in meeting both domestic and international energy demands, contributing to energy security while delivering reliable energy solutions that support the global economy.

The company is structured into four primary business segments: Natural Gas Gathering and Processing, Natural Gas Liquids, Natural Gas Pipelines, and Refined Products and Crude. Each segment focuses on specific aspects of the midstream value chain, including the transportation of crude oil and natural gas, processing of liquids, and storage solutions. OneOK has established itself as a major player in the North American energy infrastructure landscape, especially following its recent acquisition of Magellan, which bolstered its asset base and operational synergies significantly.

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