ONEOK Inc. operates in the energy sector, within the integrated oil and gas industry, and was founded by Ryan Haynes in 1906 in the United States.
Since its inception, the company has expanded its activities in the transportation, processing, and distribution of natural gas, positioning itself as one of the leading providers of energy infrastructure in the sector.
ONEOK’s business model is centered on the operation of natural gas pipelines, natural gas processing, and the transportation of natural gas liquids (NGLs). With operations primarily in the United States, the company manages an extensive energy infrastructure network that includes pipelines, processing facilities, and distribution terminals.
This strategic footprint enables efficient transportation of natural gas and related products to major end markets. In addition, the company invests in solutions to optimize the energy supply chain and meet rising market demand.
Factors such as commodity price volatility, environmental regulation, and the evolution of the energy mix directly impact the company’s operations. To mitigate risks, ONEOK invests in technological innovation, operational efficiency, and increased transportation and storage capacity.
Its operational structure includes pipelines connected to processing plants, distribution terminals, and storage centers. This infrastructure ensures efficient supply of natural gas and NGLs to sectors such as power generation, petrochemicals, and industrial markets.
ONEOK Inc. is listed on the NYSE under the ticker OKE and can also be traded in Brazil through the BDR O1KE34, reflecting its presence in the international capital markets.
History and Foundation of ONEOK Inc.
ONEOK Inc. was founded by Ryan Haynes in 1906 in the United States, with the initial objective of supplying natural gas to local communities. In its early years, the company focused on building distribution infrastructure to ensure reliable energy access for consumers and industry.
Expansion accelerated throughout the 20th century, driven by investments in pipeline construction and processing facilities. With business diversification, ONEOK began integrating natural gas liquids (NGL) transportation and processing operations, strengthening its position in the energy sector.
The initial public offering (IPO) took place in 1950, marking the company’s entry into the capital markets and enabling new infrastructure investments. As natural gas demand increased, ONEOK expanded its pipeline network and extended operations into multiple regions across the United States.
Between 2020 and 2024, the company focused on modernizing and expanding energy infrastructure, as well as investing in operational efficiency projects. Changes in shareholder composition and advances in technology further enhanced ONEOK’s competitiveness in the sector.
With more than a century of operations, ONEOK Inc. continues to expand its business and adapt to shifts in the energy market, maintaining its relevance in the natural gas and energy infrastructure segments.
Additional Information
The Company ONEOK Inc. (United States), is listed on NYSE with a market cap of $ 44.50 Billions, having an equity of $ 22.16 Billions.
With a total of 2.882 employees, the company is listed in the sector of Energy and categorized in industry of Oil & Gas Integrated.
In the last 12 months the Company had a revenue of $ 31.56 Billions, which generated a profit in the amount of $ 3.34 Billions.
As for its main indicators, the Company has a P/E ratio of 13.33, a P/BV ratio of 2.01 and in the last 12 months the dividend yield of OKE was at 5.84%.
The Company is traded internationally through the ticker OKE.