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OKE Stock - Oneok Inc.


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ONEOK, Inc. and its subsidiaries are leaders in the energy sector, specializing in the gathering, processing, storage, and transportation of natural gas across the United States. The company operates through three main segments: Natural Gas Gathering and Processing, Natural Gas Liquids, and Natural Gas Pipelines. ONEOK owns and operates extensive natural gas gathering pipelines and processing plants strategically located in the Mid-Continent and Rocky Mountain regions, ensuring efficient management and delivery of natural gas resources.

In addition to its core operations, ONEOK engages in the gathering, treatment, fractionation, and transportation of natural gas liquids (NGLs), complemented by storage, marketing, and distribution services for NGL products. The company's NGL infrastructure spans across key states including Oklahoma, Kansas, Texas, New Mexico, Montana, North Dakota, Wyoming, and Colorado, supported by terminal and storage facilities strategically positioned throughout the region.

ONEOK further operates regulated interstate and intrastate natural gas transmission pipelines along with storage facilities, catering to a diverse customer base. This includes integrated and independent exploration and production companies, NGL and natural gas processing entities, propane distributors, municipalities, ethanol producers, petrochemical and refining companies, as well as natural gas distribution and electric generation utilities. Established in 1906 and headquartered in Tulsa, Oklahoma, ONEOK continues to expand its network, with 17,500 miles of natural gas gathering pipelines, 1,500 miles of FERC-regulated interstate pipelines, and 5,100 miles of state-regulated intrastate transmission pipelines, reinforcing its commitment to reliable energy solutions and operational excellence.

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Stock Sector: Utilities: Gas Utilities

 

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