Oneok (OKE)

ONEOK, Inc. (pronounced ONE-OAK) is a leading midstream service provider and owner of one of the nation's premier natural gas liquids (NGL) systems, connecting NGL supply in the Rocky Mountain, Mid-Continent and Permian regions with key market centers and an extensive network of natural gas gathering, processing, storage and transportation assets.

Company profile

Ticker

OKE

Exchange

NYSE

Website

www.oneok.com

CEO

Terry Spencer

Incorporated

Oklahoma

Location

Oklahoma

Fiscal year end

Dec 31

Sector

Transportation and Warehousing > Pipeline Transportation of Crude Oil

Industry (SIC)

Natural Gas Transmission & Distribution

Dominion Energy Gas • Southwest Gas • Southwest Gas • Crestwood Equity Partners • SOUTH JERSEY GAS • Chesapeake Utilities • RGC Resources • Corning Natural Gas Holding • NextDecade • Brookfield Infrastructure ...

Former names

WAI INC

SEC CIK

0001039684

Corporate docs

Articles of Incorporation & Bylaws

Underwriting Agreements

Plans of Reorganization

Indentures

Material Contracts & Credit Agreements

Subsidiaries Lists

Subsidiaries

Bighorn Gas Gathering, L.L.C. • Black Mesa Holdings, Inc. • Black Mesa Pipeline, Inc. • Black Mesa Pipeline Operations, L.L.C. • Black Mesa Technologies, Inc. • Border Midwestern Company • Chisholm Pipeline Company • Chisholm Pipeline Holdings, L.L.C. • Crestone Energy • Crestone Gathering Services, L.L.C. ...

IRS number

731520922

OKE stock data

1M 1Y 5Y

News

From Benzinga Pro

$100 Invested In This Stock 20 Years Ago Would Be Worth $600 Today

15 Jun 22

ONEOK (NYSE:OKE) has outperformed the market over the past 20 years by 2.28% on an annualized basis producing an average annual return of 9.13%. Currently, ONEOK has a market capitalization of $26.41 billion.

$100 Invested In ONEOK 20 Years Ago Would Be Worth This Much

2 Jun 22

ONEOK (NYSE:OKE) has outperformed the market over the past 20 years by 2.68% on an annualized basis producing an average annual return of 9.91%. Currently, ONEOK has a market capitalization of $29.90 billion.

RBC Capital Maintains Sector Perform on ONEOK, Raises Price Target to $69

23 May 22

RBC Capital analyst Elvira Scotto maintains ONEOK (NYSE:OKE) with a Sector Perform and raises the price target from $68 to $69.

9 Analysts Have This to Say About ONEOK

20 May 22

Wells Fargo Maintains Equal-Weight on ONEOK, Lowers Price Target to $71

20 May 22

Press releases

From Benzinga Pro

ONEOK to Participate in J.P. Morgan Energy, Power and Renewables Conference

21 Jun 22

TULSA, Okla., June 21, 2022 /PRNewswire/ -- ONEOK, Inc. (NYSE:OKE) will participate in the J.P. Morgan Energy, Power and Renewables Conference on June 22-23, 2022, in New York City. ONEOK's latest investor materials

ONEOK to Participate in Bernstein Strategic Decisions Conference

31 May 22

TULSA, Okla., May 31, 2022 /PRNewswire/ -- ONEOK, Inc. (NYSE:OKE) will participate in the Bernstein Strategic Decisions Conference on June 1-2, 2022, in New York City. ONEOK's latest investor materials are available

ONEOK to Participate in Citi Global Energy, Utilities and Climate Technology Conference

9 May 22

TULSA, Okla., May 9, 2022 /PRNewswire/ -- ONEOK, Inc. (NYSE:OKE) will participate in the Citi Global Energy, Utilities and Climate Technology Conference on May 10-11, 2022, in Boston. ONEOK management will participate in

ONEOK Announces Higher First Quarter 2022 Net Income; Affirms 2022 Financial Guidance

3 May 22

ONEOK Declares Quarterly Dividend

21 Apr 22

Analyst ratings and price targets

Last 3 months

Average target

$74.00

Low target

$69.00

High target

$81.00

Calendar

4 May 22

26 Jun 22

31 Dec 22

Financial summary

Financial statements Chart OKE financial data

Quarter (USD)	Mar 22	Dec 21	Sep 21	Jun 21
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Annual (USD)	Dec 21	Dec 20	Dec 19	Dec 18
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Cash burn rate (est.)	Burn method: Change in cash		Burn method: Operating income		Burn method: FCF (opex + capex)
	Last Q	Avg 4Q	Last Q	Avg 4Q	Last Q	Avg 4Q
Cash on hand (at last report)	14.61M	14.61M	14.61M	14.61M	14.61M	14.61M
Cash burn (monthly)	43.93M	32.32M	(no burn)	(no burn)	(no burn)	(no burn)
Cash used (since last report)	126.06M	92.74M	n/a	n/a	n/a	n/a
Cash remaining	-111.45M	-78.13M	n/a	n/a	n/a	n/a
Runway (months of cash)	-2.5	-2.4	n/a	n/a	n/a	n/a

Beta Read what these cash burn values mean

Financial data from Oneok earnings reports.

Recent insider trades

OKE insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
17 Jun 22	Pierce Norton	Common Stock, par value $0.01	Buy	Acquire P	No	No	55.5389	8,975	498.46K	9,414
25 May 22	Helderman Mark W	Common Stock, par value $.0.01	Grant	Acquire A	No	No	65.14	1,535	99.99K	24,516
25 May 22	Helderman Mark W	Common Stock, par value $.0.01	Grant	Acquire A	No	No	65.14	2,302	149.95K	22,981
25 May 22	Edwards Julie H	Common Stock, par value $.0.01	Grant	Acquire A	No	No	65.14	2,302	149.95K	58,691
25 May 22	Malcolm Steven J	Common Stock, par value $.0.01	Grant	Acquire A	Yes	No	65.14	2,302	149.95K	31,557
25 May 22	Derksen Brian L	Phantom Stock-OKE Common Stock, par value $.0.01	Grant	Acquire A	No	No	65.14	2,303	150.02K	26,358

Data from 3, 4 and 5 filings. Values as filed, not updated for current price.

Institutional ownership, Q1 2022

OKE institutional ownership history Ownership history

64.8% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	978	941	+3.9%
Opened positions	124	143	-13.3%
Closed positions	87	73	+19.2%
Increased positions	361	333	+8.4%
Reduced positions	320	287	+11.5%

13F shares	Current	Prev Q	Change
Total value	20.41B	17.15B	+19.0%
Total shares	289.29M	291.81M	-0.9%
Total puts	1.53M	1.55M	-1.8%
Total calls	2.87M	2.42M	+18.7%
Total put/call ratio	0.5	0.6	-17.2%

Largest owners	Shares	Value	Change
Vanguard	51.77M	$3.66B	+2.1%
BLK Blackrock	43.65M	$3.08B	-4.1%
STT State Street	32.83M	$2.32B	+4.8%
Geode Capital Management	8.97M	$631.88M	+5.5%
Charles Schwab Investment Management	7.29M	$514.81M	+7.8%
Tortoise Capital Advisors, L.L.C.	7.18M	$507.13M	-5.5%
BK Bank Of New York Mellon	6.54M	$461.88M	+4.8%
GS Goldman Sachs	4.94M	$348.99M	+4.3%
NTRS Northern Trust	4.84M	$341.65M	-3.7%
MS Morgan Stanley	3.73M	$263.5M	-0.2%

Largest transactions	Shares	Bought/sold	Change
Norges Bank	0	-3.21M	EXIT
DB Deutsche Bank AG - Registered Shares	2.25M	-2.01M	-47.2%
BLK Blackrock	43.65M	-1.88M	-4.1%
BAM Brookfield Asset Management	648.66K	-1.65M	-71.8%
STT State Street	32.83M	+1.49M	+4.8%
BX Blackstone	270.9K	-1.45M	-84.2%
Vanguard	51.77M	+1.04M	+2.1%
Capital Research Global Investors	688.75K	-931.36K	-57.5%
BCS Barclays	1.02M	-622.77K	-37.8%
Ensign Peak Advisors	802.2K	+583.45K	+266.7%

Data from 13F filings, for the last complete 13F reporting period. For most recent data, click the ownership history button. Values as filed, not updated for current price. Long positions only.

Financial report summary

Competition

Targa Resources Partners • Targa Resources • Tallgrass Energy

Content analysis

Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability	H.S. sophomore Avg

New words: AA, banned, conflict, cyber, domestic, ESG, European, geopolitical, GHG, Healthy, III, initiated, injection, Lake, loan, mature, MSCI, mutual, nonguarantor, nonqualified, nonrecurring, respond, Russian, SOFR, top, Ukraine, unchanged

Removed: accelerated, accounted, actively, affiliate, Arbuckle, ASU, awarded, Bear, brought, Chisholm, collar, committed, conform, continuity, coupled, Creek, dedicated, designed, difficult, drilled, employee, enabled, environmentally, exploring, extinguishment, extreme, field, formed, fourth, functional, goodwill, government, greenhouse, Henry, high, Hub, implemented, implementing, improved, improvement, inactive, increasing, invested, January, LPG, mainline, managing, maximized, meet, Midwestern, MMBbl, month, Mover, multiple, office, open, order, outlined, paused, periodic, play, practice, preparing, presentation, priced, proactive, proposed, protect, pump, quickly, recorded, reduced, reliability, reliably, rely, remain, repurchase, repurchased, researching, response, responsible, returned, reversal, reviewing, safely, serve, serving, Simplifying, soared, stable, stewardship, strongest, team, Topic, uncompleted, unfractionated, Venice, vital, warrant, West, westbound, workforce

From filing 10-Q 2022 Q1

Financial reports

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