Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Bloomberg Customers

Last $23.16 USD
Change Today -2.38 / -9.32%
Volume 5.8M
As of 8:04 PM 02/8/16 All times are local (Market data is delayed by at least 15 minutes).
text size: T | T
Back to Snapshot
Company Description

Contact Info

100 West Fifth Street

Tulsa, OK 74103

United States

Phone: 918-588-7000


ONEOK, Inc. engages in the gathering, processing, storage, and transportation of natural gas in the United States. The company owns a natural gas liquids system, connecting natural gas liquid (NGL) supply in the Mid-Continent, Permian and Rocky Mountain regions with main market centers. Segments As of December 31, 2014, the company operated in the following business segments: Natural Gas Gathering and Processing; Natural Gas Liquids; and Natural Gas Pipelines. Natural Gas Gathering and Processing segment The Natural Gas Gathering and Processing segment provides nondiscretionary services to producers that include gathering and processing of natural gas produced from crude oil and natural gas wells. Unprocessed natural gas is compressed and gathered through pipelines and transported to processing facilities where volumes are aggregated, treated and processed to remove water vapor, solids and other contaminants and to extract NGLs in order to provide marketable natural gas, commonly referred to as residue gas. The residue gas, which consists primarily of methane, is compressed and delivered to natural gas pipelines for transportation to end users. When the NGLs are separated from the unprocessed natural gas at the processing plants, the NGLs are in the form of a mixed, unfractionated NGL stream that is delivered to natural gas liquids gathering pipelines for transportation to natural gas liquids fractionators. This segment gathers and processes natural gas in the Mid-Continent region, which includes the NGL-rich Cana-Woodford Shale, Woodford Shale, Stack, South Central Oklahoma Oil Province (SCOOP), Springer Shale and the Mississippian Lime formation of Oklahoma and Kansas, and the Hugoton and Central Kansas Uplift Basins of Kansas. It also gathers and/or processes natural gas in two producing basins in the Rocky Mountain region: the Williston Basin, which spans portions of Montana and North Dakota, and includes the oil-producing, NGL-rich Bakken Shale and Three Forks formations; and the Powder River Basin of Wyoming, which includes the NGL-rich Frontier, Turner, Sussex, and Niobrara Shale formations. Unconsolidated Affiliates: The Natural Gas Gathering and Processing segment includes the following unconsolidated affiliates: 49 percent ownership interest in Bighorn Gas Gathering, which operates a major coal-bed methane gas gathering system serving a broad production area in northeast Wyoming; 37 percent ownership interest in Fort Union Gas Gathering, which gathers coal-bed methane gas produced in the Powder River Basin and delivers it into the interstate pipeline grid; 35 percent ownership interest in Lost Creek Gathering Company, which gathers natural gas produced from conventional wells in the Wind River Basin of central Wyoming and delivers natural gas into the interstate pipeline grid; and 10 percent ownership interest in Venice Energy Services Co., a natural gas processing complex near Venice, Louisiana. Seasonality: Certain products of this segment are subject to weather-related seasonal demand. Cold temperatures typically increase demand for natural gas and propane, which are used to heat homes and businesses. Warm temperatures drive demand for natural gas used for natural gas-fired electric generation needed to meet the demand required to cool residential and commercial properties. Natural Gas Liquids segment The Natural Gas Liquids segment owns and operates facilities that gather, fractionate, treat and distribute NGLs and store NGL products, primarily in Oklahoma, Kansas, Texas, New Mexico and the Rocky Mountain region where it provides nondiscretionary services to producers of NGLs. It owns or has an ownership interest in Federal Energy Regulatory Commission (FERC)-regulated natural gas liquids gathering and distribution pipelines in Oklahoma, Kansas, Texas, New Mexico, Montana, North Dakota, Wyoming and Colorado, and terminal and storage facilities in Missouri, Nebraska, Iowa and Illinois. The company also owns FERC-regulated natural gas liquids distribution and refined petroleum products pipelines in Kansas, Missouri, Nebraska, Iowa, Illinois and Indiana that connect its Mid-Contine


Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
OKE:US $23.16 USD -2.38

OKE Competitors

Market data is delayed at least 15 minutes.

Company Last Change
Calpine Corp $14.14 USD -1.17
CenterPoint Energy Inc $18.43 USD -0.42
NiSource Inc $20.91 USD -0.07
ONEOK Partners LP $27.51 USD -1.82
Targa Resources Partners LP $12.06 USD -1.93
View Industry Companies

Industry Analysis


Industry Average

Valuation OKE Industry Range
Price/Earnings 16.9x
Price/Sales 0.6x
Price/Book 12.9x
Price/Cash Flow 8.2x
TEV/Sales NM Not Meaningful

Sponsored Financial Commentaries

Sponsored Links

Request Profile Update

Only a company representative may request an update for the company profile. Documentation will be required.

To contact ONEOK INC, please visit Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at