OKE - ONEOK - Stock Price & Dividends

ONEOK, Inc. is a leading energy company that plays a crucial role in the natural gas and natural gas liquids (NGL) value chain in the United States. The company's operations are divided into four segments: Natural Gas Gathering and Processing, Natural Gas Liquids, Natural Gas Pipelines, and Refined Products and Crude.

In the Natural Gas Gathering and Processing segment, ONEOK owns and operates a network of pipelines and processing plants in the Mid-Continent and Rocky Mountain regions. These assets enable the company to provide midstream services to producers of NGLs, helping them to extract and process natural gas and NGLs from their wells.

The Natural Gas Liquids segment is responsible for gathering, processing, and distributing NGLs. ONEOK owns an extensive network of NGL gathering and distribution pipelines across Oklahoma, Kansas, Texas, New Mexico, Montana, North Dakota, Wyoming, and Colorado. The company also operates terminal and storage facilities in several states, including Kansas, Nebraska, Iowa, and Illinois.

In addition to its NGL operations, ONEOK transports and stores natural gas through regulated interstate and intrastate natural gas transmission pipelines and natural gas storage facilities. This enables the company to provide a reliable supply of natural gas to its customers.

The Refined Products and Crude segment is responsible for transporting, storing, and distributing refined products, NGLs, and crude oil. ONEOK also conducts commodity-related activities, including liquids blending and marketing activities. The company's customers include a diverse range of industries, such as integrated and independent exploration and production companies, utilities, industrial companies, natural gasoline distributors, propane distributors, municipalities, ethanol producers, petrochemical, refining, and marketing companies, and heating fuel users, refineries, and exporters.

Headquartered in Tulsa, Oklahoma, ONEOK, Inc. has a rich history dating back to 1906. Today, the company is a major player in the energy industry, with a strong presence in the natural gas and NGL value chain.