ONEOK INC /NEW/

10-K & 10-Q Filings

ONEOK, Inc. is an Oklahoma corporation with its common stock listed on the NYSE under the ticker symbol "OKE." The company delivers energy products and services vital to an advancing world. Its business strategy focuses on zero incidents, a highly engaged workforce, a sustainable business model, and maximizing total shareholder return. ONEOK operates in four business segments: Natural Gas Gathering and Processing, Natural Gas Liquids, Natural Gas Pipelines, and Refined Products and Crude. The company's website is www.oneok.com. In the Natural Gas Gathering and Processing segment, raw natural gas is gathered, compressed, and transported to processing facilities, where NGLs are extracted. The residue natural gas is then transported to natural gas pipelines, storage facilities, or end users. In the Natural Gas Liquids segment, NGLs are gathered, transported, and fractionated into marketable products. The Natural Gas Pipelines segment transports residue natural gas for end users, while the Refined Products and Crude segment focuses on the transportation and storage of refined products and crude oil. ONEOK's mission is to create exceptional value for stakeholders by providing solutions for a transforming energy future. The company aims to maintain prudent financial strength and flexibility, maximize total shareholder return, and grow earnings through high-return capital projects.

12 mos ending Dec 31, 201112 mos ending Dec 31, 201212 mos ending Dec 31, 201312 mos ending Dec 31, 201412 mos ending Dec 31, 201512 mos ending Dec 31, 201612 mos ending Dec 31, 201712 mos ending Dec 31, 201812 mos ending Dec 31, 201912 mos ending Dec 31, 202012 mos ending Dec 31, 202112 mos ending Dec 31, 202212 mos ending Dec 31, 20233 mos ending Mar 31, 20233 mos ending Mar 31, 2024CAGR %YoY %Revenue (+)
$14805.79
12632.56
14602.72
12195.09
7763.21
8920.93
12173.91
12593.20
10164.37
8542.24
16540.31
22386.89
17677.00
4521.00
4781.00
1.49%5.75%Cost of Revenue (-)
$12425.43
10281.72
12313.03
10088.55
5641.05
6496.12
9538.05
9422.71
6788.04
5110.15
12256.66
17909.87
11929.00
3347.00
2897.00
-0.34%-13.44%Gross Profit (+)
$2380.36
2350.84
2289.68
2106.54
2122.15
2424.81
2635.86
3170.49
3376.33
3432.10
4283.65
4477.03
5748.00
1174.00
1884.00
7.62%60.48%Selling, General & Administrative (-)
$
118.33
75.74
87.58
88.85
98.40
103.92
119.16
125.03
166.67
191.46
216.00
57.00
86.00
50.88%Depreciation & Amortization (-)
$312.16
335.84
384.38
294.68
354.62
391.58
406.33
428.56
476.54
578.66
621.70
626.13
769.00
162.00
254.00
7.80%56.79%Non-recurring Operating Expenses (-)
$
10.26
83.67
16.00
158.00
Operating Expenses (-)
$1220.48
1255.08
1374.83
969.57
1126.00
1139.13
1255.00
1335.02
1461.97
2070.74
1687.39
1669.61
1676.00
-323.00
820.00
2.68%353.87%Costs & Expenses (Total) (-)
$13646.88
11530.06
13675.98
11051.52
6767.05
7635.26
10793.04
10757.73
8250.01
7180.89
13944.05
19579.47
13605.00
3024.00
3717.00
-0.03%22.92%Operating Income/Loss (+)
$1158.91
1102.50
926.73
1143.57
996.16
1285.68
1380.89
1835.46
1914.35
1361.36
2596.26
2807.42
4072.00
1497.00
1064.00
11.04%-28.92%Non-operating Income/Expense (+)
$140.33
144.25
147.81
32.47
-57.50
141.93
145.56
152.09
228.41
153.85
120.87
291.00
48.00
83.00
6.27%72.92%Interest Expense (-)
$-297.01
302.31
334.21
356.16
416.79
469.65
485.66
469.62
491.77
712.89
732.92
675.95
866.00
166.00
300.00
80.72%Earnings before Tax (+)
$983.56
944.45
740.34
819.87
521.88
957.96
1040.80
1517.93
1650.99
802.32
1984.20
2249.64
3497.00
1379.00
847.00
11.15%-38.58%Tax Expense (-)
$-226.05
215.19
163.38
151.16
136.60
212.41
447.28
362.90
372.41
189.51
484.50
527.42
838.00
330.00
208.00
-36.97%Income/Loss (Continuing Operations) (+)
$757.51
729.25
576.96
988.43
385.28
745.55
980.59
2305.64
1278.58
612.81
1499.71
1722.22
2659.00
1049.00
639.00
11.03%-39.08%Income/Loss (Discontinued Operations) (+)
$2.23
14.28
-11.21
-6.08
-2.05
Profit/Loss (+)
$759.74
743.53
576.96
663.11
379.19
743.50
593.52
1155.03
1278.58
612.81
1499.71
1722.22
2659.00
1049.00
639.00
11.00%-39.08%Net Income/Loss (NCI) (-)
$399.15
382.91
310.43
349.00
134.22
391.46
205.68
3.33
Net Income/Loss (+)
$360.59
360.62
266.53
314.11
244.98
352.04
387.84
1151.70
1278.58
612.81
1498.61
1721.12
2658.00
1049.00
639.00
18.11%-39.08%Preferred & Other Distributions (-)
$
0.77
1.10
1.10
1.10
1.10
1.10
1.00
Net Income/Loss (Common) (+)
$360.59
360.62
266.53
314.11
244.98
352.04
387.07
1150.60
1277.48
611.71
1498.61
1721.12
2658.00
1049.00
639.00
18.11%-39.08%EPS (Basic)
$3.44
1.75
1.29
1.50
1.17
1.67
1.30
2.80
3.09
1.42
3.36
3.85
5.49
2.34
1.09
3.97%-53.42%EPS (Diluted)
$3.36
1.71
1.27
1.49
1.16
1.66
1.29
2.78
3.07
1.42
3.35
3.84
5.48
2.34
1.09
4.16%-53.42%Weighted Avg Shares (Basic)
0.10
206.14
206.04
209.39
210.21
211.13
297.48
411.49
413.56
431.11
446.40
447.51
484.30
448.00
584.20
102.04%30.40%Weighted Avg Shares (Diluted)
0.11
210.71
209.69
210.43
210.54
212.38
299.78
414.19
415.44
431.78
447.40
448.45
485.40
449.00
585.70
101.67%30.45%Cash
$65.95
583.62
149.31
172.81
97.62
248.88
37.19
11.97
20.96
524.50
146.39
220.23
338.00
680.00
65.00
14.59%-90.44%Receivables
$1339.93
1349.37
1549.56
745.49
593.98
872.43
1202.95
818.96
835.12
829.80
1441.79
1532.29
1705.00
1153.00
1699.00
2.03%47.35%Inventory
$549.91
517.01
417.08
134.13
128.08
140.03
342.29
296.67
304.93
227.81
427.88
431.74
639.00
399.00
798.00
1.26%100.00%Other Assets (Current)
$363.01
314.66
254.85
254.80
155.53
168.34
182.02
271.03
309.33
287.67
358.32
363.52
426.00
337.00
388.00
1.34%15.13%Assets (Current)
$2318.81
2764.66
2370.80
1307.24
975.21
1429.68
1764.46
1398.63
1470.33
1869.78
2374.37
2547.78
3108.00
2569.00
2950.00
2.47%14.83%Securities & Long-term Investments
$1223.40
1221.40
4269.09
1132.65
948.22
958.81
1003.16
969.15
861.84
805.03
797.61
801.79
1874.00
789.00
1939.00
3.62%145.75%Property, Plant & Equipment (Net)
$8444.33
10114.34
12297.50
11662.44
12373.99
12571.40
12698.13
14766.65
18348.69
19154.93
19319.87
19952.53
32697.00
20040.00
32807.00
11.94%63.71%Accumulated Depreciation
$2733.60
2974.65
3238.65
1940.21
2156.47
2507.09
2861.54
3264.31
3702.81
3918.01
4500.66
5062.61
5757.00
5212.00
5989.00
6.40%14.91%Goodwill & Intangibles
$
6268.00
6367.00
Other Assets
$4643.58
4731.15
1809.41
1202.23
1148.69
1178.86
1380.20
1097.24
1131.26
1249.02
1129.75
1077.00
319.00
1066.00
327.00
-20.00%-69.32%Assets (Non-current)
$11377.82
13090.61
15336.76
13997.32
14470.90
14709.07
15081.48
16833.04
20341.79
21208.98
21247.24
21831.32
41158.00
21895.00
41440.00
11.31%89.27%Assets (Total)
$13696.64
15855.27
17707.56
15304.56
15446.11
16138.75
16845.94
18231.67
21812.12
23078.75
23621.61
24379.09
44266.00
24464.00
44390.00
10.27%81.45%Accounts Payable
$1341.72
1333.49
1503.70
891.41
745.02
987.25
1275.88
1279.48
1400.65
1053.88
1665.53
1592.53
2160.00
1361.00
1917.00
4.05%40.85%Debt (Current)
$1206.37
828.02
575.12
1065.95
656.99
1520.93
1047.32
507.65
229.60
21.26
895.81
925.00
484.00
500.00
1554.00
-7.33%210.80%Other Liabilities (Current)
$698.08
651.48
617.59
434.99
236.25
328.53
344.13
321.31
390.05
269.40
623.27
534.10
808.00
321.00
723.00
1.23%125.23%Liabilities (Current)
$3246.18
2812.99
2696.41
2392.34
1638.27
2836.70
2667.34
2108.44
2020.30
1344.55
3184.62
3051.63
3452.00
2182.00
4194.00
0.51%92.21%Debt (Non-current)
$4529.55
6515.37
7754.98
7192.93
8323.58
7920.00
8091.63
8873.33
12504.05
14316.03
12747.64
12695.83
21183.00
12728.00
20447.00
13.72%60.65%Other Liabilities
$2121.18
2294.46
2411.00
1713.40
1717.93
1953.14
401.62
670.36
1061.82
1375.78
1674.20
2137.75
3147.00
2422.00
3304.00
3.34%36.42%Liabilities (Non-current)
$6650.73
8809.83
10165.97
8906.33
10041.51
9873.14
8493.25
9543.69
13565.87
15691.81
14421.83
14833.58
24330.00
15150.00
23751.00
11.41%56.77%Liabilities (Total)
$9896.90
11622.83
12862.38
11298.68
11679.77
12709.84
11160.58
11652.13
15586.17
17036.36
17606.45
17885.21
27782.00
17332.00
27945.00
8.98%61.23%Treasury Stock
$-935.32
1039.77
997.03
953.70
917.86
893.68
876.71
851.81
808.39
764.30
732.10
706.16
677.00
699.00
663.00
-5.15%Retained Earnings
$1960.37
2059.02
2020.82
138.13
50.40
868.00
672.00
927.00
-6.56%37.95%AOCI
$-206.12
-216.80
-121.99
-136.35
-127.24
-154.35
-188.53
-188.24
-374.00
-551.45
-471.35
-108.26
-33.00
-99.00
-128.00
-29.29%Shareholder's Equity
$3799.73
4232.45
4845.18
4005.88
3766.34
3428.91
5685.35
6579.54
6225.95
6042.40
6015.16
6493.89
16484.00
7132.00
16445.00
13.01%130.58%Liabilities & Equity
$13696.64
15855.27
17707.56
15304.56
15446.11
16138.75
16845.94
18231.67
21812.12
23078.75
23621.61
24379.09
44266.00
24464.00
44390.00
10.27%81.45%Net Income/Loss
$759.74
743.53
576.96
663.11
379.19
743.50
593.52
1155.03
1278.58
612.81
1499.71
1722.22
2659.00
1049.00
639.00
11.00%-39.08%Depreciation & Amortization
$
406.33
428.56
476.54
578.66
621.70
626.13
769.00
162.00
254.00
56.79%Increase/Decrease in Working Capital
$34.99
356.28
-216.32
-58.31
148.97
42.45
192.60
-206.40
163.90
-214.42
44.52
-3.40
-358.00
19.00
502.00
2542.11%Share-based Compensation
$66.37
36.69
46.19
26.23
16.43
40.56
26.26
32.13
37.15
Adjustments to Reconcile Net Income
$600.23
247.41
717.81
622.50
627.78
608.12
721.89
1031.69
668.20
1286.26
1046.57
1183.73
1762.00
172.00
-43.00
9.39%-125.00%Net Cash (Operating)
$1359.97
990.94
1294.77
1285.61
1006.98
1351.61
1315.41
2186.72
1946.78
1899.07
2546.27
2905.95
4421.00
1221.00
596.00
10.32%-51.19%Capital Expenditure
$-1337.36
1853.91
2242.97
2586.27
1184.49
599.21
508.51
2334.90
3848.35
2195.38
696.85
1202.06
6817.00
289.00
604.00
109.00%Net Cash (Investing)
$-1371.63
-1814.20
-2642.03
-2566.22
-1190.72
-615.45
-567.63
-2114.89
-3768.76
-2270.53
-665.29
-1139.24
-6404.00
47.00
-578.00
-1329.79%Increase/Decrease in Debt
$2308.14
1608.42
987.25
1133.15
774.80
455.90
-299.88
248.45
3348.09
1567.56
-604.89
-26.42
3998.00
-375.00
320.00
4.68%185.33%Increase/Decrease in Equity
$329.00
310.52
594.28
1132.29
378.81
19.20
459.93
1190.54
-0.71
941.51
32.79
32.44
-71.00
Interest Expenses
$278.16
439.40
294.24
340.14
367.83
461.21
432.21
418.24
435.17
760.98
691.90
581.66
653.00
7.37%Dividends Paid
$-504.39
586.88
678.88
447.46
1045.02
1067.02
1105.67
1338.56
1457.63
1605.37
1667.43
1671.58
1839.00
427.00
578.00
35.36%Net Cash (Financing)
$55.43
1332.06
912.96
1304.50
108.59
-584.79
-959.46
-97.05
1830.96
875.00
-2259.09
-1692.88
2101.00
-808.00
-291.00
35.38%63.99%Cash Taxes Paid
$-68.70
0.87
-16.64
-11.88
3.32
0.36
6.63
2.23
2.69
0.34
8.86
58.94
37.00
Increase/Decrease in Cash
$43.78
508.81
-434.31
51.13
-150.34
302.63
-211.68
-25.22
8.98
503.54
-378.11
73.84
118.00
460.00
-273.00
8.61%-159.35%Cash (Beginning)
$30.34
65.95
583.62
145.56
172.81
97.62
248.88
37.19
11.97
20.96
524.50
146.39
220.00
220.00
338.00
17.95%53.64%Cash (Ending)
$65.95
583.62
149.31
172.81
97.62
248.88
37.19
11.97
20.96
524.50
146.39
220.23
338.00
680.00
65.00
14.59%-90.44%NOPAT
$1077.97
1101.48
722.22
932.73
989.81
1285.19
1372.09
1832.77
1911.23
1360.78
2584.66
2733.87
4028.92
1138.76
802.71
11.61%-29.51%Gross Margin %
16.08%
18.61%
15.68%
17.27%
27.34%
27.18%
21.65%
25.18%
33.22%
40.18%
25.90%
20.00%
32.52%
25.97%
39.41%
Operating Margin %
7.83%
8.73%
6.35%
9.38%
12.83%
14.41%
11.34%
14.58%
18.83%
15.94%
15.70%
12.54%
23.04%
33.11%
22.25%
NOPAT Margin %
7.28%
8.72%
4.95%
7.65%
12.75%
14.41%
11.27%
14.55%
18.80%
15.93%
15.63%
12.21%
22.79%
25.19%
16.79%
Net Margin %
2.44%
2.85%
1.83%
2.58%
3.16%
3.95%
3.19%
9.15%
12.58%
7.17%
9.06%
7.69%
15.04%
23.20%
13.37%
Tax Rate %
6.98%
0.09%
22.07%
18.44%
0.64%
0.04%
0.64%
0.15%
0.16%
0.04%
0.45%
2.62%
1.06%
23.93%
24.56%
ROA
7.87%
6.95%
4.08%
6.09%
6.41%
7.96%
8.14%
10.05%
8.76%
5.90%
10.94%
11.21%
9.10%
4.65%
1.81%
ROE
28.37%
26.02%
14.91%
23.28%
26.28%
37.48%
24.13%
27.86%
30.70%
22.52%
42.97%
42.10%
24.44%
15.97%
4.88%
ROIC
12.38%
10.10%
5.73%
8.04%
8.03%
10.13%
10.69%
12.68%
10.67%
6.96%
13.35%
13.48%
10.31%
5.55%
2.03%
Asset Turnover
1.08
0.80
0.82
0.80
0.50
0.55
0.72
0.69
0.47
0.37
0.70
0.92
0.40
0.18
0.11
Inventory Turnover
22.60
19.89
29.52
75.21
44.04
46.39
27.87
31.76
22.26
22.43
28.65
41.48
18.67
8.39
3.63
Equity Multiplier
3.60
3.75
3.65
3.82
4.10
4.71
2.96
2.77
3.50
3.82
3.93
3.75
2.69
3.43
2.70
Current Ratio
0.71
0.98
0.88
0.55
0.60
0.50
0.66
0.66
0.73
1.39
0.75
0.83
0.90
1.18
0.70
Quick Ratio
0.43
0.69
0.63
0.38
0.42
0.40
0.46
0.39
0.42
1.01
0.50
0.57
0.59
0.84
0.42
Debt/Equity Ratio
1.51
1.74
1.72
2.06
2.38
2.75
1.61
1.43
2.05
2.37
2.27
2.10
1.31
1.85
1.34
Interest Coverage Ratio
4.17
2.51
3.15
3.36
2.71
2.79
3.19
4.39
4.40
1.79
3.75
4.83
6.24
Working Capital/Sales
0.02
0.06
0.02
-0.00
-0.01
0.01
0.01
-0.02
-0.04
0.05
0.00
0.01
0.01
0.11
0.06
Dividend Payout Ratio %
-46.79%
53.28%
94.00%
47.97%
105.58%
83.02%
80.58%
73.03%
76.27%
117.97%
64.51%
61.14%
45.65%
37.50%
72.01%
Total Payout
$-2863.37
-892.66
-608.41
-1477.84
259.25
1053.13
1377.83
317.81
-1454.59
-142.72
2931.43
2247.22
-1435.00
802.00
258.00
-67.83%Payout Ratio %
-265.63%
-81.04%
-84.24%
-158.44%
26.19%
81.94%
100.42%
17.34%
-76.11%
-10.49%
113.42%
82.20%
-35.62%
70.43%
32.14%