ONEOK

ONEOK

Oil and Gas

Tulsa, OK 82,745 followers

At ONEOK (NYSE: OKE), we deliver energy products and services vital to an advancing world.

About us

At ONEOK (NYSE: OKE), we deliver energy products and services vital to an advancing world. We are a leading midstream operator that provides gathering, processing, fractionation, transportation and storage services. Through our more than 50,000-mile pipeline network, we transport the natural gas, natural gas liquids (NGLs), refined products and crude oil that help meet domestic and international energy demand, contribute to energy security and provide safe, reliable and responsible energy solutions needed today and into the future. As one of the largest diversified energy infrastructure companies in North America, ONEOK is delivering energy that makes a difference in the lives of people in the U.S. and around the world. As of Oct. 15, 2024, ONEOK is the managing member of EnLink Midstream, LLC (NYSE: ENLC) (EnLink) and owns 43% of EnLink's outstanding common units. EnLink provides integrated midstream infrastructure services for natural gas, crude oil and NGLs.

Website
http://www.oneok.com
Industry
Oil and Gas
Company size
1,001-5,000 employees
Headquarters
Tulsa, OK
Type
Public Company
Founded
1906
Specialties
Natural Gas, Energy, Refined Products and Crude, Natura Gas Liquids, Safety, and Reliability

Locations

Employees at ONEOK

Updates

  • View organization page for ONEOK, graphic

    82,745 followers

    Today, we completed another step in our transformative journey with the completion of our acquisition of Global Infrastructure Partners’ entire interest in EnLink Midstream for a total cash consideration of approximately $3.3 billion. As we add another meaningful platform to our business and expand our integrated assets in key production basins, we’re enhancing our ability to deliver energy that makes a difference in the lives of people in the U.S. and around the world. Learn more: https://bit.ly/3zVPpBj

  • View organization page for ONEOK, graphic

    82,745 followers

    Have you ever wanted to know: ✔️The thought process behind our nearly $25 billion in completed acquisitions? ✔️Why we believe the future of energy is one of “transformation” not “transition?” ✔️The opportunities driving energy demand, like #AI and natural gas and liquified natural gas (LNG) growth? Our President and CEO Pierce Norton shares the answers to these and other questions in a new Q&A with Global Listed Infrastructure Organisation (GLIO), moderated by Duff & Phelps Investment Management Co.'s Rodney C. Clayton, CFA. Fraser Hughes Watch now: https://bit.ly/4fmkpJk

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  • View organization page for ONEOK, graphic

    82,745 followers

    Our President and CEO Pierce Norton believes that the future of #energy is one of transformation and addition, not transition. Read more ⬇️

    View profile for Pierce Norton, graphic

    President and CEO at ONEOK

    Thank you to Reuters Events for the invitation to join its Energy LIVE 2024 conference in Houston, Texas, which convened 3,000 leaders from the #energy industry to discuss how we shape the future of our sector. I had the privilege of speaking with Thomson Reuters’ Maria Victoria Vargas on the topic of “Building on Our History, Transforming for a Secure Energy Future.” At ONEOK, 𝐰𝐞 𝐛𝐞𝐥𝐢𝐞𝐯𝐞 𝐭𝐡𝐞 𝐟𝐮𝐭𝐮𝐫𝐞 𝐨𝐟 𝐞𝐧𝐞𝐫𝐠𝐲 𝐢𝐬 𝐨𝐧𝐞 𝐨𝐟 𝐭𝐫𝐚𝐧𝐬𝐟𝐨𝐫𝐦𝐚𝐭𝐢𝐨𝐧 𝐚𝐧𝐝 𝐚𝐝𝐝𝐢𝐭𝐢𝐨𝐧, 𝐧𝐨𝐭 𝐭𝐫𝐚𝐧𝐬𝐢𝐭𝐢𝐨𝐧. Transition implies we’re moving away from something and never going back.   Transformation, however, implies using, enhancing and building upon what we already have. 𝙏𝙝𝙞𝙨 𝙞𝙨 𝙖𝙣 𝙞𝙢𝙥𝙤𝙧𝙩𝙖𝙣𝙩 𝙙𝙞𝙨𝙩𝙞𝙣𝙘𝙩𝙞𝙤𝙣 – 𝙥𝙖𝙧𝙩𝙞𝙘𝙪𝙡𝙖𝙧𝙡𝙮 𝙛𝙤𝙧 𝙩𝙝𝙚 𝙚𝙣𝙚𝙧𝙜𝙮 𝙞𝙣𝙙𝙪𝙨𝙩𝙧𝙮. I shared with the audience my view that the future will require all forms of energy – 𝘀𝗼 𝗰𝗮𝗹𝗹𝗲𝗱 𝗲𝗻𝗲𝗿𝗴𝘆 𝗮𝗱𝗱𝗶𝘁𝗶𝗼𝗻 – to meet the growing demand for reliable, affordable and sustainable energy.  And each form of energy is working to solve their unique challenges. For fossil fuels it is emissions, for #nuclear it is cost and acceptance, for #renewables it is reliability. 𝗕𝘂𝘁 𝘁𝗼 𝗯𝗲 𝘀𝘂𝗿𝗲, 𝗶𝘁 𝘄𝗶𝗹𝗹 𝘁𝗮𝗸𝗲 𝗮𝗹𝗹 𝗳𝗼𝗿𝗺𝘀 𝗼𝗳 𝗲𝗻𝗲𝗿𝗴𝘆 𝘁𝗼 𝗵𝗲𝗹𝗽 𝗳𝘂𝗲𝗹 𝗼𝘂𝗿 𝗲𝗰𝗼𝗻𝗼𝗺𝘆 𝗮𝗻𝗱 𝗵𝗲𝗹𝗽 𝘁𝗵𝗲 𝘄𝗼𝗿𝗹𝗱 𝗽𝗿𝗼𝘀𝗽𝗲𝗿. Maria and I also discussed ONEOK’s recent acquisitions and our M&A strategy – which is never about size alone. We approach acquisitions in an intentional and disciplined way, driven by a framework that focuses on 𝗱𝗶𝘃𝗲𝗿𝘀𝗶𝗳𝗶𝗰𝗮𝘁𝗶𝗼𝗻, 𝗮𝘀𝘀𝗲𝘁 𝗶𝗻𝘁𝗲𝗿𝗰𝗼𝗻𝗻𝗲𝗰𝘁𝗶𝘃𝗶𝘁𝘆 𝗮𝗻𝗱 𝘀𝘆𝗻𝗲𝗿𝗴𝘆 𝗼𝗽𝗽𝗼𝗿𝘁𝘂𝗻𝗶𝘁𝗶𝗲𝘀. This has created integrated systems at scale that enhances and transports various molecules from the wellhead to marketplace – providing even more value for our customers and stakeholders.  We have a century-plus track record of providing the affordable and reliable energy solutions the world needs today while transforming for tomorrow. And none of this would be possible without our innovative employees who power ONEOK every day. I am proud to work alongside them in an industry that makes a difference here in America and around the world.

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  • ONEOK reposted this

    Watch the latest #GLIO CEO/investor Q&A edition with Pierce Norton, ONEOK, and Rodney C. Clayton, CFA, Duff & Phelps Investment Management Co. Full interview here: https://lnkd.in/eGwD3HNN   What you'll learn from the conversation: * Business overview of ONEOK * Nearly $25bn of acquisitions completed – what was the thought process? * Company structure: C-Corps v MLPs * #Energy ‘transformation’ over energy ‘transition’ * Opportunities and energy demand – AI & #NaturalGas/#LNG growth * What differentiates ONEOK from its peers Round up and find more company information Sarah Honold Paul Parmley Andrew Ziola Becky Carver, SCMP® Darren Wallis Kay Hammond Phil Enochs Shaun Stevens

  • View organization page for ONEOK, graphic

    82,745 followers

    A mix of energy sources is required to support - and power - a growing world. Our Alternative Energy Solutions Group works collaboratively across diverse business segments, customers, service providers and various government agencies to identify potential low-carbon or emission reducing projects and investments.

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  • ONEOK reposted this

    View organization page for ONEOK, graphic

    82,745 followers

    Today we announced the completion of two key projects: MB-6, a 125,000-barrel per day (bpd) natural gas liquids (NGL) fractionator in Mont Belvieu, Texas, and the full looping of the West Texas NGL Pipeline. The completion of MB-6 increases our fully owned fractionation capacity to more than 1 million bpd, enhancing our ability to serve growing #NGL market demand. The Demag – one of the world’s largest cranes – was instrumental in the tower placement of MB-6 earlier this year. Learn more: https://bit.ly/3ZCvnWj

  • View organization page for ONEOK, graphic

    82,745 followers

    Today we announced the completion of two key projects: MB-6, a 125,000-barrel per day (bpd) natural gas liquids (NGL) fractionator in Mont Belvieu, Texas, and the full looping of the West Texas NGL Pipeline. The completion of MB-6 increases our fully owned fractionation capacity to more than 1 million bpd, enhancing our ability to serve growing #NGL market demand. The Demag – one of the world’s largest cranes – was instrumental in the tower placement of MB-6 earlier this year. Learn more: https://bit.ly/3ZCvnWj

  • ONEOK reposted this

    View profile for Pierce Norton, graphic

    President and CEO at ONEOK

    For many of us, this time of year is an opportunity to reflect on the people, experiences and opportunities that have shaped us. For me, I am grateful for the many leaders who have positively touched my career and life. I recently received a text that one of my first supervisors, Fred Walker, passed away. Fred was a very positive influence in my career and one of the first managers who took an interest in helping me to develop and grow as an engineer. I will always be grateful for Fred and the major influence he had on my life and the lives of many others. During this season of gratitude, I’d invite each of you to “call your Fred.” Call that person who made a special impact in your life and thank them for taking an interest in you. I also encourage you to “be a Fred.” Be that leader who makes a positive impact in the lives of others. You’ll be thankful you did, and the world will be a better place because of it.

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Funding

ONEOK 3 total rounds

Last Round

Post IPO debt

US$ 6.9B

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