ONEOK (NYSE:OKE) is a diversified energy midstream company that owns and operates an extensive network of natural gas and natural gas liquids (NGL) pipelines, gathering systems, processing plants, storage facilities and fractionation terminals. Through its integrated infrastructure, the company transports, stores and fractionates NGLs and provides gathering and processing services for natural gas produced in key U.S. resource plays. Its operations support the delivery of feedstocks to petrochemical plants and refineries, as well as the distribution of natural gas to local utilities and industrial customers.
The company’s NGL systems include pipelines and storage facilities that link major producing regions such as the Permian Basin, the Eagle Ford Shale, the Williston Basin and the Rocky Mountains to Gulf Coast fractionators and export terminals. ONEOK also operates natural gas gathering and processing businesses that aggregate supplies from wells and remove impurities, enabling producers to access markets more efficiently. In addition, its natural gas pipelines serve end users across the central United States, while its marketing and trading group optimizes the flow of commodities between supply and demand centers.
Headquartered in Tulsa, Oklahoma, ONEOK traces its roots to the founding of Oklahoma Natural Gas Company in 1906. Over the decades, the company has expanded its footprint through strategic acquisitions, greenfield development and joint ventures, evolving into one of the largest midstream operators in the country. The rebranding to ONEOK in 1980 reflected a broader focus beyond retail gas distribution, marking the beginning of its transformation into a midstream-centric enterprise.
Led by an experienced executive team, ONEOK emphasizes safety, operational excellence and disciplined capital deployment. The company continues to pursue growth opportunities in established and emerging basins, leveraging its scale, technical expertise and market connections to support producer economics and meet the evolving needs of industrial and utility customers nationwide.
