ONEOK, Inc. (OKE) Income Statement Analysis

See more : PT Adi Sarana Armada Tbk (ASSA.JK) Income Statement Analysis – Financial Results

Complete financial analysis of ONEOK, Inc. (OKE) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of ONEOK, Inc., a leading company in the Oil & Gas Midstream industry within the Energy sector.

You may be interested

HUHUTECH International Group Inc. Ordinary Shares (HUHU) Income Statement Analysis – Financial Results
Standard Bank Group Limited (SBK.JO) Income Statement Analysis – Financial Results
Seibu Electric & Machinery Co., Ltd. (6144.T) Income Statement Analysis – Financial Results
Mitsubishi HC Capital Inc. (8593.T) Income Statement Analysis – Financial Results
Global Wellness Strategies Inc. (GWSFF) Income Statement Analysis – Financial Results

ONEOK, Inc. (OKE)

Industry: Oil & Gas Midstream

Sector: Energy

Website: https://www.oneok.com

About ONEOK, Inc.

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.

Metric	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001	2000	1999	1998	1997	1996	1995	1994	1993	1992	1991	1990	1989	1988	1987	1986	1985
Revenue	17.68B	22.39B	16.54B	8.54B	10.16B	12.59B	12.17B	8.92B	7.76B	12.20B	14.60B	12.63B	14.81B	13.03B	11.11B	16.16B	13.48B	11.90B	12.68B	5.99B	3.00B	2.10B	6.80B	6.64B	808.87M	1.84B	1.16B	1.22B	949.90M	792.40M	789.10M	677.10M	689.50M	668.00M	618.30M	571.40M	587.00M	736.80M	1.05B
Cost of Revenue	12.70B	18.54B	12.88B	5.69B	7.26B	9.85B	9.94B	6.89B	6.00B	10.38B	12.70B	10.62B	12.43B	10.96B	9.10B	14.22B	11.67B	10.18B	11.34B	4.74B	1.86B	1.13B	5.89B	5.85B	523.53M	1.22B	726.00M	807.70M	567.80M	432.40M	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Gross Profit	4.98B	3.85B	3.66B	2.85B	2.90B	2.74B	2.23B	2.03B	1.77B	1.81B	1.91B	2.01B	2.38B	2.07B	2.02B	1.94B	1.81B	1.72B	1.34B	1.24B	1.14B	975.66M	908.79M	797.13M	285.34M	615.39M	435.90M	416.60M	382.10M	360.00M	789.10M	677.10M	689.50M	668.00M	618.30M	571.40M	587.00M	736.80M	1.05B
Gross Profit Ratio	28.17%	17.20%	22.14%	33.40%	28.53%	21.77%	18.31%	22.79%	22.77%	14.86%	13.05%	15.95%	16.08%	15.91%	18.14%	11.98%	13.43%	14.46%	10.56%	20.78%	37.90%	46.37%	13.36%	12.00%	35.28%	33.53%	37.52%	34.03%	40.23%	45.43%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%
Research & Development	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
General & Administrative	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Selling & Marketing	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
SG&A	1.32B	958.25M	900.42M	761.18M	876.43M	819.88M	737.92M	668.34M	605.75M	599.14M	479.17M	437.65M	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Other Expenses	907.00M	1.04B	1.07B	886.20M	982.86M	-14.25M	-9.55M	2.03M	-4.39M	-23.48M	6.78M	7.58M	1.22B	1.15B	1.13B	1.02B	989.47M	973.92M	803.39M	754.24M	690.41M	604.18M	613.55M	463.20M	199.38M	412.44M	307.70M	296.20M	277.10M	268.50M	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Operating Expenses	1.68B	1.04B	1.07B	886.20M	982.86M	907.07M	833.59M	757.18M	693.33M	674.89M	990.45M	908.98M	1.22B	1.15B	1.13B	1.02B	989.47M	973.92M	803.39M	754.24M	690.41M	604.18M	613.55M	463.20M	199.38M	412.44M	307.70M	296.20M	277.10M	268.50M	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Cost & Expenses	13.61B	19.58B	13.95B	6.58B	8.25B	10.76B	10.78B	7.64B	6.69B	11.06B	13.69B	11.53B	13.65B	12.10B	10.22B	15.24B	12.66B	11.15B	12.14B	5.50B	2.55B	1.73B	6.51B	6.31B	722.91M	1.63B	1.03B	1.10B	844.90M	700.90M	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Interest Income	0.00	675.95M	732.92M	712.89M	491.77M	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Interest Expense	866.00M	675.95M	732.92M	712.89M	491.77M	469.62M	485.66M	469.65M	416.79M	356.16M	334.21M	302.31M	297.01M	292.24M	300.82M	315.60M	225.25M	29.11M	0.00	92.26M	200.11M	108.98M	140.56M	79.57M	27.88M	35.08M	34.10M	34.60M	36.90M	34.20M	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Depreciation & Amortization	769.00M	626.13M	621.70M	578.66M	476.54M	428.56M	406.34M	391.59M	354.62M	306.04M	384.38M	335.85M	312.29M	307.32M	288.99M	243.93M	227.96M	235.54M	183.39M	188.73M	160.86M	149.96M	158.42M	143.98M	43.23M	101.65M	73.90M	72.60M	50.00M	52.80M	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
EBITDA	5.11B	3.52B	3.30B	2.55B	2.38B	2.25B	1.80B	1.67B	1.43B	1.48B	1.44B	1.43B	1.59B	1.35B	1.29B	1.30B	1.05B	1.10B	718.16M	673.13M	588.72M	521.44M	390.25M	468.49M	129.19M	290.46M	202.10M	193.00M	155.00M	144.30M	789.10M	677.10M	689.50M	668.00M	618.30M	571.40M	587.00M	736.80M	1.05B
EBITDA Ratio	28.91%	15.85%	20.17%	31.77%	25.16%	19.12%	16.03%	20.28%	19.96%	11.98%	9.70%	12.45%	10.80%	10.39%	11.31%	6.59%	6.99%	6.43%	3.63%	11.24%	20.14%	25.09%	6.66%	6.92%	15.97%	16.62%	17.39%	15.76%	16.32%	18.21%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%
Operating Income	4.07B	2.81B	2.60B	2.14B	1.91B	1.84B	1.38B	1.29B	996.16M	1.14B	926.73M	1.10B	1.16B	944.02M	894.64M	914.69M	820.63M	745.67M	534.77M	490.01M	446.06M	371.48M	295.23M	333.93M	85.96M	202.95M	128.20M	120.40M	105.00M	91.50M	789.10M	677.10M	689.50M	668.00M	618.30M	571.40M	587.00M	736.80M	1.05B
Operating Income Ratio	23.04%	12.54%	15.70%	25.00%	18.83%	14.58%	11.34%	14.41%	12.83%	9.38%	6.35%	8.73%	7.83%	7.24%	8.05%	5.66%	6.09%	6.27%	4.22%	8.18%	14.87%	17.65%	4.34%	5.03%	10.63%	11.06%	11.03%	9.83%	11.05%	11.55%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%
Total Other Income/Expenses	-575.00M	-557.00M	-612.00M	-559.04M	-263.36M	-317.53M	-350.97M	-337.82M	-474.28M	-323.70M	-140.28M	-158.05M	-175.35M	-188.87M	-196.12M	-122.47M	-137.92M	-23.23M	110.90M	-97.87M	-83.04M	-113.02M	-99.66M	-100.16M	-25.49M	-20.43M	-34.01M	-34.30M	-37.00M	-34.40M	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Income Before Tax	3.50B	2.25B	1.98B	802.32M	1.65B	1.52B	1.04B	957.96M	521.88M	819.87M	740.34M	944.45M	983.56M	755.16M	698.53M	505.98M	489.52M	500.44M	645.67M	392.15M	344.82M	258.46M	155.95M	233.78M	58.08M	168.38M	94.10M	85.80M	68.10M	57.30M	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Income Before Tax Ratio	19.78%	10.05%	12.00%	9.39%	16.24%	12.05%	8.55%	10.74%	6.72%	6.72%	5.07%	7.48%	6.64%	5.80%	6.29%	3.13%	3.63%	4.21%	5.09%	6.55%	11.50%	12.28%	2.29%	3.52%	7.18%	9.17%	8.10%	7.01%	7.17%	7.23%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Income Tax Expense	838.00M	527.42M	484.50M	189.51M	372.41M	362.90M	447.28M	212.41M	136.60M	151.16M	163.38M	215.20M	226.05M	213.83M	207.32M	194.07M	184.60M	193.76M	242.52M	149.97M	130.53M	102.49M	52.23M	90.29M	22.74M	66.59M	34.80M	33.00M	25.30M	21.10M	750.70M	644.50M	653.60M	635.00M	581.70M	564.30M	567.60M	702.30M	1.01B
Net Income	2.66B	1.72B	1.50B	612.81M	1.28B	1.15B	387.84M	352.04M	244.98M	314.11M	266.53M	360.62M	360.59M	334.63M	305.45M	311.91M	304.92M	306.31M	546.55M	242.18M	112.49M	166.62M	101.57M	145.61M	35.34M	101.80M	59.30M	52.80M	42.80M	36.20M	38.40M	32.60M	35.90M	33.00M	36.60M	7.10M	19.40M	34.50M	37.50M
Net Income Ratio	15.04%	7.69%	9.07%	7.17%	12.58%	9.15%	3.19%	3.95%	3.16%	2.58%	1.83%	2.85%	2.44%	2.57%	2.75%	1.93%	2.26%	2.57%	4.31%	4.04%	3.75%	7.92%	1.49%	2.19%	4.37%	5.55%	5.10%	4.31%	4.51%	4.57%	4.87%	4.81%	5.21%	4.94%	5.92%	1.24%	3.30%	4.68%	3.57%
EPS	5.49	3.85	3.36	1.42	3.09	2.80	1.30	1.67	1.17	1.50	1.29	1.75	1.72	1.57	1.45	1.50	1.42	1.37	2.72	1.19	0.74	0.70	0.43	0.62	0.19	0.61	0.53	0.48	0.40	0.34	0.36	0.30	0.33	0.30	0.32	0.06	0.17	0.31	0.35
EPS Diluted	5.48	3.84	3.35	1.42	3.08	2.78	1.29	1.66	1.16	1.49	1.27	1.71	1.68	1.55	1.44	1.48	1.40	1.34	2.53	1.15	0.61	0.70	0.43	0.62	0.18	0.56	0.53	0.48	0.40	0.34	0.36	0.30	0.33	0.30	0.32	0.06	0.17	0.31	0.35
Weighted Avg Shares Out	484.30M	447.51M	446.40M	431.11M	413.56M	411.49M	297.48M	211.13M	210.21M	209.39M	206.04M	206.14M	209.34M	212.74M	210.72M	208.74M	214.69M	224.01M	200.94M	203.93M	161.14M	199.83M	198.90M	116.86M	121.70M	122.70M	110.58M	108.60M	107.34M	106.87M	106.29M	106.45M	106.77M	107.77M	112.25M	111.67M	111.76M	110.00M	106.00M
Weighted Avg Shares Out (Dil)	485.40M	448.45M	447.40M	431.78M	415.44M	414.20M	299.78M	212.38M	210.54M	210.43M	209.70M	210.71M	214.50M	215.57M	212.64M	211.52M	218.60M	228.95M	216.03M	210.92M	194.00M	201.06M	199.34M	196.65M	201.54M	182.92M	110.58M	108.60M	107.34M	106.87M	106.29M	106.45M	106.77M	107.77M	112.25M	111.67M	111.76M	110.00M	106.00M

Very Overrated And Very Underrated High Yields

September 24, 2024seekingalpha.com

High-yield investing is simpler and less speculative than many other approaches to investing. My approach centers on a simple method of determining if a stock is overrated or underrated and investing accordingly. I share two high-yield stocks that are very...

Oneok Inc. (OKE) Rises Higher Than Market: Key Facts

September 17, 2024zacks.com

In the latest trading session, Oneok Inc. (OKE) closed at $94.66, marking a +1.05% move from the previous day.

Buy These Blue-Chip High-Yield Growth Stocks Before It Is Too Late

September 14, 2024seekingalpha.com

My ideal stock has four specific qualities. There is one sector where these qualities still exist in abundance. I share some of the most attractive opportunities in the space and why this opportunity may not last much longer.

Buy High-Quality Dividends Before It's Too Late - And 11 Picks Worth Considering

September 14, 2024seekingalpha.com

The Fed's rate cuts could trigger a rotation from bonds to dividend stocks, as investors seek alternatives for stable, attractive income. High-quality dividend stocks, particularly those offering inflation protection, are well-positioned to outperform in this shifting market. Investors should focus...

ONEOK to Sell $7B Notes to Fund Acquisition, Expand Permian Presence

September 11, 2024zacks.com

OKE is going to issue senior notes worth $7 billion to fund its acquisition. The systematic acquisition continues to expand its operation in the United States.

ONEOK Announces $7.0 Billion Notes Offering

September 10, 2024prnewswire.com

TULSA, Okla. , Sept. 10, 2024 /PRNewswire/ -- ONEOK, Inc. (NYSE: OKE) today announced that it has priced an offering to sell $7.0 billion of senior notes, consisting of: $1.25 billion of 3-year senior notes at a coupon of 4.25%.

Oneok Inc. (OKE) Stock Sinks As Market Gains: Here's Why

September 10, 2024zacks.com

Oneok Inc. (OKE) closed at $91.72 in the latest trading session, marking a -0.35% move from the prior day.

These High-Yield Dividend Stocks Are Turning to Acquisitions to Supercharge Their Growth Engines

September 7, 2024fool.com

The energy midstream sector is in the midst of a major consolidation wave. Several pipeline companies have agreed to accretive deals that will give them more fuel to increase their high-yielding dividends.