ONEOK, Inc.

ONEOK, Inc. is a midstream service provider in the United States, focusing on gathering, processing, fractionation, transportation, storage, and marine export of natural gas and natural gas liquids (NGLs). It operates through four segments: Natural Gas Gathering and Processing, Natural Gas Liquids, Natural Gas Pipelines, and Refined Products and Crude. The company owns natural gas gathering pipelines and processing plants in regions including the Mid-Continent, Permian Basin, North Texas, Gulf Coast, and Rocky Mountains. It also provides midstream services to NGL producers, owns NGL gathering and distribution pipelines, fractionation facilities, and storage terminals. Additionally, ONEOK transports refined products such as gasoline, diesel, and jet fuel, as well as crude oil, and operates regulated interstate and intrastate natural gas transmission pipelines and storage facilities.

ONEOK, Inc. is listed on the New York Stock Exchange (NYSE) under the ticker symbol OKE. The company's financial reporting and trading are conducted in US Dollars (USD), as it is headquartered in the United States and primarily operates within the US market.

ONEOK, Inc. operates in the Energy sector, specifically within the Oil & Gas Midstream industry. As a midstream company, it focuses on the transportation, storage, and processing of natural gas and natural gas liquids, serving as a critical link between upstream producers and downstream markets. Its activities include gathering raw natural gas from wells, processing it to separate NGLs, fractionating those liquids into purity products, and transporting them via pipelines to end users.

ONEOK, Inc. serves multiple key energy-producing regions in the United States. Its natural gas gathering and processing operations are concentrated in the Mid-Continent, Permian Basin, North Texas, Gulf Coast region, and Rocky Mountain areas. The company's NGL and natural gas pipeline networks span these regions, connecting production sites to fractionation, storage, and export facilities. Additionally, ONEOK's refined products and crude oil transportation services cover similar geographies, supporting integrated and independent exploration and production companies across the US.

ONEOK generates revenue through fee-based midstream services, including gathering, processing, fractionation, transportation, and storage of natural gas, NGLs, refined products, and crude oil. It also earns income from marine export services and commodity-related activities such as liquids blending and marketing. The company's extensive infrastructure—comprising pipelines, processing plants, fractionation facilities, terminals, and storage assets—enables it to charge fees for moving and handling energy products. Additionally, ONEOK leases buildings, warehouses, office space, land, and equipment, including pipeline capacity, rail cars, and information technology equipment, contributing to its diversified revenue streams.