ONEOK INC /NEW/

ONEOK is an energy infrastructure provider operating in the midstream sector, focused on gathering, processing, fractionating, transporting, storing, and exporting natural gas, natural gas liquids, refined products, and crude oil. The company conducts business through four core segments: Natural Gas Gathering and Processing, Natural Gas Liquids, Natural Gas Pipelines, and Refined Products and Crude. Its midstream network connects raw upstream energy supplies with downstream end users and commercial markets. Key customers and counterparties include independent and major oil and gas producers, petrochemical manufacturers, propane distributors, petroleum refineries, electric utilities, industrial consumers, airports, railroads, and retail fuel distributors.

Operating primarily across North America, the company maintains an infrastructure network featuring approximately 60,000 miles of pipelines, extensive storage hubs, and processing and fractionation facilities. Its footprint spans major hydrocarbon-producing shale basins and regional demand markets, notably the Permian Basin, Mid-Continent, Rocky Mountain, and Gulf Coast regions, extending across a 15-state refined products corridor with access to export facilities serving international destinations. The company is incorporated under the laws of Oklahoma and is headquartered in Oklahoma.

Summary of the business section of Oneok's latest annual report, written by StockData.

“Actually paid” adjusts reported pay for changes in the value of equity awards. Shareholder return assumes $100 invested at the start of the measurement period, as disclosed by the company.

“As of December 31, 2025, we had 6,326 employees.”