ONEOK Inc (OKE) company profile
Close on Nov 13, 2026Market cap $56.58BP/E 13.9Yield 4.59%
About Oneok
Natural Gas Transmisison & Distribution, SIC 4923
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.
Company profile
Company
- Legal name
- ONEOK Inc
- Founded
- 1906
- Headquarters
- Tulsa, OK
- Address
- 100 West 5th St 74103
- Phone
- (918) 588-7000
- Website
- www.oneok.com
- Employees
- 6,326, Dec 31, 2025
- Industry
- Natural Gas Transmisison & Distribution
- Incorporated in
- Oklahoma
- Fiscal year ends
- December 31
- Auditor
- PricewaterhouseCoopers LLP, Tulsa, Oklahoma
Stock & identifiers
- Ticker
- OKE
- Exchange
- NYSE
- IPO date
- Oct 1, 1980
- Shares outstanding
- 630M, Oct 19, 2026
- Public float
- $51.10B, Jun 30, 2025
- Filer category
- Large accelerated filer
- Stock splits
- 2-for-1, Jun 4, 2012; 2-for-1, Jun 12, 2001; 2-for-1, Mar 1, 1990
- SEC CIK
- 1039684
- CUSIP
- 30609A109
- ISIN
- US30609A1097
- FIGI
- BBG024TZWVN1
- Share class FIGI
- BBG024TZWVS6
- LEI
- 2T3D6M0JSY48PSZI1Q41
- EIN
- 73-1520922
Executives and directors
Officers and directors who filed ownership reports (Forms 3, 4, 5) in the last two years
| Name | Position | Shares owned |
|---|---|---|
| Pierce Norton | See Remarks, Director | 135,556 |
| Mary M. Spears | See Remarks | 37,163 |
| Walter S. Hulse Iii | See Remarks | 198,049 |
| Lyndon C. Taylor | See Remarks | 9,389 |
| Sheridan C. Swords | See Remarks | 240,716 |
| Kevin L. Burdick | See Remarks | 172,029 |
| Randy N. Lentz | See Remarks | 5,139 |
| Charles M. Kelley | See Remarks | 147,443 |
| James R. Hoskin | See Remarks | 8,074 |
| Precious W. Owodunni | Director | 2,572 |
| Mark A. McCollum | Director | 2,572 |
| Wayne Thomas Smith | Director | 2,700 |
| Eduardo A. Rodriguez | Director | 29,972 |
| Julie H. Edwards | Director | 68,630 |
| Randall J. Larson | Director | 29,548 |
| Brian L. Derksen | Director | 21,200 |
| Mark W. Helderman | Director | 38,704 |
| Lori Gobillot | Director | 1,413 |
| Gerald B. Smith | Director | 22,307 |
| Pattye L. Moore | Director | 200 |
CEO pay and shareholder return
Pay versus performance table from the proxy statement
| Fiscal year | CEO total pay | CEO pay actually paid | Other executives (avg) | Value of $100 invested | Peer group |
|---|---|---|---|---|---|
| FY2025 | $12.00M | -$10.18M | $6.79M | $257 | $291 |
| FY2024 | $13.24M | $20.98M | $4.61M | $333 | $267 |
| FY2023 Pierce H.Norton II | $9.55M | $6.59M | $3.65M | $222 | $253 |
| FY2023 Pierce HNorton II | $9.55M | $6.59M | $3.65M | $222 | $253 |
| FY2022 Pierce H.Norton II | $8.14M | $7.37M | $3.04M | $196 | $256 |
| FY2022 Pierce HNorton II | $8.14M | $7.37M | $3.04M | $196 | $256 |
“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.
Executive compensation, fiscal 2025
Summary compensation table from the latest proxy statement
| Executive | Salary | Stock awards | Incentive pay | Other | Total | vs. prior year |
|---|---|---|---|---|---|---|
| Pierce H. Norton II President and Chief Executive Officer | $1.00M | $8.77M | $1.58M | $654.06K | $12.00M | -9% |
| Walter S. Hulse, III Chief Financial Officer, Treasurer and Executive Vice President, Corporate Development and Investor Relations | $750.00K | $6.01M | $1.18M | $349.73K | $8.29M | +32% |
| Randy N Lentz Executive Vice President and Chief Operating Officer (5) | $625.00K | $4.48M | $759.40K | $250.59K | $6.12M | – |
| Sheridan C. Swords Executive Vice President and Chief Commercial Officer | $625.00K | $3.43M | $723.30K | $1.09M | $5.87M | +45% |
| Lyndon C. Taylor Executive Vice President, Chief Legal Officer and Assistant Secretary (6) | $700.00K | $4.66M | $972.00K | $571.01K | $6.90M | +66% |
Stock and option awards are grant-date fair values, not realized pay. “Other” includes pension value changes and all other compensation. Source proxy statement.
Employees
Headcount reported in annual reports
“As of December 31, 2025, we had 6,326 employees.”
Corporate history
Events identified from SEC filings
See a number that looks wrong?