ONEOK, Inc. Consolidated
Project information
As at 31 December 2025
Description
As at 31 December 2025
Leading U.S. midstream service provider operating an approximately 60,000-mile integrated pipeline network across four primarily fee-based segments: Natural Gas Gathering and Processing, Natural Gas Liquids, Natural Gas Pipelines, and Refined Products and Crude. Consolidated 2025 earnings were approximately 90% fee-based. The footprint connects Rocky Mountain, Mid-Continent, Permian Basin and Gulf Coast supply with domestic demand and marine export. Recent scale was added through the Magellan (2023), Medallion (2024) and EnLink (controlling 2024; full 2025) acquisitions. Strategy funds high-return capital projects, dividend growth, debt reduction and a $2.0 billion share-repurchase program.
Portfolio Aggregate · Processing facilities
Multiple effective dates
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