Company Overview
ONEOK, Inc., together with its subsidiaries, engages in gathering, processing, storage, and transportation of natural gas in the United States. It operates through Natural Gas Gathering and Processing, Natural Gas Liquids, and Natural Gas Pipelines segments. The company owns natural gas gathering pipelines and processing plants in the Mid-Continent and Rocky Mountain regions. It also gathers, treats, fractionates, and transports natural gas liquids (NGL), as well as stores, markets, and distributes NGL products. The company owns NGL gathering and distribution pipelines in Oklahoma, Kansas, Texas, New Mexico, Montana, North Dakota, Wyoming, and Colorado; terminal and storage facilities in Kansas, Missouri, Nebraska, Iowa, and Illinois; and NGL distribution and refined petroleum products pipelines in Kansas, Missouri, Nebraska, Iowa, Illinois, and Indiana, as well as owns and operates truck- and rail-loading, and -unloading facilities connected to NGL fractionation, storage, and pipeline assets. In addition, it operates regulated interstate and intrastate natural gas transmission pipelines and natural gas storage facilities. Further, the company owns and operates a parking garage in downtown Tulsa, Oklahoma; and leases excess office space. It operates 17,500 miles of natural gas gathering pipelines; 1,500 miles of FERC-regulated interstate natural gas pipelines; 5,100 miles of state-regulated intrastate transmission pipeline; six NGL storage facilities; and eight NGL product terminals. It serves integrated and independent exploration and production companies; NGL and natural gas gathering and processing companies; crude oil and natural gas production companies; propane distributors; municipalities; ethanol producers; and petrochemical, refining, and NGL marketing companies, as well as natural gas distribution and electric generation companies, producers, processors, and marketing companies. The company was founded in 1906 and is headquartered in Tulsa, Oklahoma.
Company Information
- CEO
- Pierce H. Norton II
- Sector
- Energy
- Industry
- Oil & Gas Midstream
- Employees
- 5177
Contact Information
- Website
- https://www.oneok.com
- Address
- 100 West Fifth Street
- Country
- US
Investment Analysis & Insights
Key Investment Highlights
- Market Position: Energy leader with 47.13B market capitalization
- Trading Volume: 2.38M shares traded today
- Price Range: 52-week range of $72.18 - $118.07
- Exchange: Listed on New York Stock Exchange
Financial Metrics
Market Analysis for ONEOK, Inc.
ONEOK, Inc. (OKE) operates in the Oil & Gas Midstream industry within the Energy sector. With a current market capitalization of 47.13B, the company represents a significant player in its market. The stock is currently trading at $74.84 with a positivedaily change of 1.11%.
The company's 5177 employee base and presence on the New York Stock Exchangeexchange position it as a Energy sector leader. Investors should consider the stock's P/E ratio of 14.59, beta of 0.99, and 52-week price range from $72.18 to $118.07when evaluating investment opportunities.
Why Invest in ONEOK, Inc.?
Strengths
- • Established market presence in Energy
- • Strong financial metrics and market position
- • Listed on major exchange (New York Stock Exchange)
- • Experienced leadership under Pierce H. Norton II
Investment Considerations
- • Monitor sector-specific market trends
- • Track quarterly earnings performance
- • Consider market volatility and beta
- • Evaluate long-term growth potential
Related Energy Stocks
About Energy Sector
The Energy sector includes companies that explore, produce, refine, and distribute oil, gas, and other energy resources.