ONEOK, Inc.

ONEOK, Inc.

OKEยทNYSE

$86.75

+0.035%
EnergyOil & Gas Midstream

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.

At a Glance

Live Snapshot
Market Cap$54.66B
EPS5.4300
P/E Ratio15.98
Earnings Date08/03/2026
3Y+93.0%
5Y+195.0%
10Y+314.0%
3Y+229.0%
5Y+65.0%
10Y+509.0%
3Y+48.0%
5Y-386.0%
10Y+328.0%
OKE

ONEOK, Inc. Cash Conversion Engine

OKE ยท NYSE
Net Income3.46B
Depreciation & Amortization1.51B
Stock-Based Compensation0.00
Change in Working Capital-380.00M
Others46.00M
Capital Expenditures-3.15B
Free Cash Flow2.45B

Cash Flow Quality Analysis

FCF Conversion Rate

70.7%

Moderate conversion rate. Some gap between earnings and cash flow may warrant investigation into working capital or non-cash items.

CapEx Intensity

56.3%

Capital-intensive operations require significant reinvestment. Monitor whether CapEx is maintenance or growth-oriented.

FCF Growth Trend

-14.6%

Declining FCF warrants attention. Investigate whether due to temporary factors or fundamental deterioration.

Working Capital Impact

-$380.00M

Minimal working capital impact on FCF. Changes in operating assets and liabilities well-managed.

Cash Flow Quality Insight

Solid cash generation: Positive free cash flow with reasonable earnings quality provides financial flexibility for growth investments, debt reduction, or shareholder returns.

ONEOK, Inc. Cash Flow Statement

OKE โ€ข NYSE

ONEOK, Inc. Cash Flow StatementDec 2025Dec 2024Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009Dec 2008Dec 2007Dec 2006
OPERATING ACTIVITIES
3.5B
3.1B
2.7B
1.7B
1.5B
612.8M
1.3B
1.2B
593.5M
743.5M
379.2M
663.1M
577M
730M
759.7M
541.3M
491.2M
311.9M
304.9M
306.3M
1.5B
1.1B
769M
626.1M
621.7M
578.7M
476.5M
428.6M
406.3M
391.6M
354.6M
306M
384.4M
335.9M
312.3M
307.3M
289M
243.9M
228M
235.5M
957M
889M
829M
463.4M
472.1M
186.7M
372.7M
361M
437.9M
211.6M
137.7M
156.7M
151.5M
229.4M
256.7M
142.3M
198.7M
165.2M
65M
115.4M
0.0
0.0
0.0
53M
54M
29.4M
37.1M
31.7M
26.3M
40.6M
16.4M
26.2M
46.2M
36.7M
66.4M
24.4M
23.1M
30.8M
16.5M
16.5M
46M
-204M
-194M
37.8M
40.6M
652M
-54.3M
4.1M
44M
6.8M
268M
75.2M
126.4M
15.3M
2.7M
-20.4M
-27.8M
239.2M
205.3M
142.7M
(74M)
(102M)
(37M)
(59M)
(9M)
(342K)
(2.7M)
(2.2M)
(6.6M)
(361K)
(3.3M)
(0.0)
(0.0)
(872K)
(0.0)
(16.8M)
(30.6M)
(83M)
(57.3M)
(262.5M)
-380M
-43M
358M
3.4M
-141.8M
-160.5M
-163.9M
206.4M
-192.6M
-42.5M
-149M
58.3M
9.4M
-356.3M
-37.8M
-160.9M
478.4M
-515.3M
209.9M
56.9M
5.6B
4.9B
4.4B
2.9B
2.5B
1.9B
1.9B
2.2B
1.3B
1.4B
1B
1.3B
1.3B
990.9M
1.4B
834M
1.5B
475.7M
1B
873.4M
INVESTING ACTIVITIES
-3.2B
-2B
-1.6B
-1.2B
-696.9M
-2.2B
-3.8B
-2.1B
-512.4M
-624.6M
-1.2B
-1.8B
-2.3B
-1.9B
-1.3B
-582.7M
-791.2M
-1.5B
-883.7M
-376.3M
-647M
-5.8B
-5B
-3M
-1M
(0.0)
-4M
-1.7M
(3.9M)
(0.0)
(0.0)
-816M
-430.2M
-30.8M
-64.5M
-1.3M
(0.0)
(2.5M)
-299.6M
-149M
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
-4M
-1.7M
-87.9M
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
-12M
(0.0)
(4M)
-59.8M
0.0
0.0
0.0
0.0
0.0
0.0
4M
0.0
0.0
0.0
33.9M
0.0
0.0
0.0
23.6M
17.8M
4.5M
0.0
31.1M
1.3M
48M
1.2B
206M
65.8M
32.6M
-75.1M
83.6M
30.1M
28.7M
9.2M
-2.4M
28.9M
44.8M
82.7M
5.3M
431.9M
11M
16.4M
-3.7M
346.4M
-3.8B
-6.6B
-6.4B
-1.1B
-665.3M
-2.3B
-3.8B
-2.1B
-567.6M
-615.4M
-1.2B
-2.6B
-2.6B
-1.8B
-1.4B
-134.4M
-787.8M
-1.5B
-1.2B
-237.4M
FINANCING ACTIVITIES
-75M
-159M
0.0
32.4M
32.8M
969.8M
29M
1.2B
471.4M
22M
396.3M
1.1B
604.5M
325.6M
-282.2M
343.6M
258.7M
163.4M
-369.5M
-270.6M
830M
5.1B
4B
-26.4M
-604.9M
1.6B
3.3B
248.5M
-299.9M
455.9M
774.8M
1.1B
987.2M
1.6B
842M
-587.7M
-1B
1.7B
775.4M
-389M
-2.6B
-2.3B
-1.8B
-1.7B
-1.7B
-1.6B
-1.5B
-1.3B
-829.4M
-517.6M
-509.2M
-443.8M
-304.7M
-262M
-227M
-193.5M
-172.8M
-162.8M
-150.2M
-135.5M
-75M
-159M
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
-150M
-300.1M
-7K
-254K
-29K
-390.2M
-281.4M
-675M
-135M
-58M
-27M
-19.6M
-56.9M
-88.5M
-214.4M
-290.1M
-546.8M
-553.3M
615.2M
-374.1M
-324.9M
-277.4M
-260.4M
-222.7M
-182.4M
-182.7M
176.3M
-2.5B
2.1B
2.1B
-1.7B
-2.3B
875M
1.8B
-97M
-959.5M
-584.8M
108.6M
1.3B
913M
1.3B
55.4M
-698.1M
-1.1B
1.5B
73M
-618.8M
CASH FLOW SUMMARY
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
-121K
-43K
3.4M
0.0
8.9M
-8.2M
0.0
0.0
0.0
0.0
43.1M
-655M
395M
118M
73.8M
-378.1M
503.5M
9M
-25.2M
-211.7M
151.3M
-75.2M
27.2M
-434.3M
517.7M
35.6M
1.6M
-480.7M
491M
-49.2M
60.4M
733M
338M
220M
146.4M
524.5M
21M
12M
37.2M
248.9M
97.6M
172.8M
145.6M
583.6M
66M
30.3M
29.4M
510.1M
19.1M
68.3M
7.9M
78M
733M
338M
220.2M
146.4M
524.5M
21M
12M
37.2M
248.9M
97.6M
172.8M
149.3M
583.6M
66M
31M
29.4M
510.1M
19.1M
68.3M
2.4B
2.9B
2.8B
1.7B
1.8B
-296.3M
-1.9B
45.2M
803M
727M
-181.3M
-493.5M
-961.8M
-875.2M
23.9M
251.3M
661.4M
-997.5M
146M
497.1M

SEC Filings

OKE - Filing history and reports

Filing TypeFiling DatePeriod EndingFiscal YearActions
8-K

8-K 2026

N/A

May 21, 2026
May 20, 2026
2026
10-Q

10-Q 2026 Q1

Q1

April 29, 2026
March 31, 2026
2026
8-K

8-K 2026

N/A

April 28, 2026
April 28, 2026
2026
DEF 14A

DEF 14A 2026

N/A

April 01, 2026
May 20, 2026
2026
8-K

8-K 2026

N/A

March 25, 2026
March 20, 2026
2026
10-K

10-K 2025 FY

FY

February 24, 2026
December 31, 2025
2025
8-K

8-K 2026

N/A

February 23, 2026
February 23, 2026
2026
8-K

8-K 2026

N/A

January 26, 2026
January 21, 2026
2026
10-Q

10-Q 2025 Q3

Q3

October 29, 2025
September 30, 2025
2025
8-K

8-K 2025

N/A

October 28, 2025
October 28, 2025
2025
Showing 1 to 10 of 1131 filings