ONEOK, Inc. Common Stock (OKE)
Frequently Asked Questions About ONEOK, Inc. Common Stock (OKE)
Does ONEOK offer dividends to shareholders?
Yes, ONEOK is known for offering dividends to its shareholders, which makes it attractive to income-focused investors. The company has a history of consistently paying dividends, reflecting its commitment to returning value to its shareholders.
How does ONEOK contribute to environmental sustainability?
ONEOK is committed to environmental sustainability and incorporates various initiatives aimed at reducing its carbon footprint. This includes investment in cleaner technologies, efficient operations, and participation in programs that enhance energy efficiency and minimize greenhouse gas emissions.
How does ONEOK ensure safety in its operations?
ONEOK prioritizes safety through rigorous training programs, adherence to regulatory standards, and continuous monitoring of its infrastructure. The company employs advanced technologies for leak detection and employs best practices to mitigate risks associated with the handling of natural gas and NGLs.
How does ONEOK handle regulatory compliance?
ONEOK has a dedicated compliance team that ensures adherence to federal, state, and local regulations governing its operations. The company actively collaborates with regulatory agencies and participates in industry associations to stay informed of regulatory changes and maintain compliance standards.
How does ONEOK manage its workforce?
ONEOK places a strong emphasis on workforce management, focusing on safety, training, and employee development. The company invests in programs that promote a culture of safety and inclusion, ensuring that its workforce is equipped with the skills and knowledge necessary to excel in a dynamic industry.
How does ONEOK respond to market fluctuations?
ONEOK employs strategic planning and risk management practices to respond to market fluctuations effectively. By diversifying its services and maintaining a flexible operational model, the company can adapt to changes in demand, commodity prices, and regulatory environments.
Is ONEOK, Inc. a publicly traded company?
Yes, ONEOK, Inc. is a publicly traded company listed on the New York Stock Exchange under the ticker symbol 'OKE'. This allows investors to buy and sell shares in the company, contributing to its capital growth and operational funding.
What are ONEOK's recent developments or projects?
ONEOK has been involved in several recent developments and projects aimed at expanding its natural gas and NGL infrastructure. These projects include pipeline expansions and new processing facilities to enhance capacity and efficiency, meeting the growing demand for energy in key markets.
What are ONEOK's strategic goals?
ONEOK's strategic goals include expanding its infrastructure to accommodate growing energy demand, enhancing operational efficiency, and investing in renewable energy resources. The company aims to position itself as a leader in the transition to a more sustainable energy future while maintaining profitability.
What are the key financial metrics for ONEOK?
Key financial metrics for ONEOK include revenue, net income, earnings before interest, taxes, depreciation, and amortization (EBITDA), and dividend yield. These metrics are closely monitored by investors and analysts to assess the company’s financial health, growth prospects, and overall performance in the market.
What does ONEOK, Inc. do?
ONEOK, Inc. is a leading midstream service provider that specializes in the transportation, storage, and processing of natural gas and natural gas liquids (NGLs). The company operates an extensive network of pipelines, terminals, and processing facilities that connect natural gas producers to consumers, thereby playing a critical role in the energy supply chain in North America.
What is ONEOK’s commitment to community engagement?
ONEOK is committed to engaging with the communities in which it operates. This includes supporting local initiatives, contributing to educational programs, and participating in charitable activities. The company's community engagement efforts aim to build positive relationships and foster sustainable development.
What is ONEOK’s market focus?
ONEOK's market focus primarily includes the United States, particularly in regions that are rich in natural gas and NGL resources such as the Bakken shale formation, the Permian Basin, and various Midwestern and Southern states. This geographic focus allows the company to capitalize on increasing domestic energy production.
What is the size of ONEOK's pipeline network?
ONEOK's pipeline network is one of the largest in the United States, stretching over approximately 30,000 miles. This extensive infrastructure enables the company to effectively connect natural gas and NGL supplies to consumer markets and industrial users.
What role does technology play in ONEOK's operations?
Technology plays a crucial role in ONEOK's operations by improving efficiency, safety, and environmental performance. The company employs advanced monitoring systems, data analytics, and automation technologies to enhance pipeline integrity, optimize resource management, and ensure compliance with environmental regulations.
What types of services does ONEOK offer?
ONEOK offers a range of midstream services, including natural gas gathering and processing, transportation of natural gas and NGLs, and storage services. They facilitate the movement of these energy products from production areas to market, ensuring that supply meets demand.
When was ONEOK, Inc. founded?
ONEOK, Inc. was founded in 1906 as the Oklahoma Natural Gas Company, originally serving customers in Oklahoma. Over the years, the company expanded its operations and diversified its services, leading to the establishment of ONEOK as a significant player in the midstream energy sector.
Where is ONEOK, Inc. headquartered?
ONEOK, Inc. is headquartered in Tulsa, Oklahoma. The location is strategically significant, allowing the company to effectively manage its extensive pipeline infrastructure and operations across the United States.
Who are ONEOK's main competitors?
ONEOK faces competition from other major midstream companies such as Kinder Morgan, Williams Companies, and EnLink Midstream. These competitors operate in similar markets and provide comparable services, making it essential for ONEOK to differentiate itself through operational efficiency and customer service.
What is the current price of ONEOK, Inc. Common Stock?
The current price of ONEOK, Inc. Common Stock is 100.37
When was ONEOK, Inc. Common Stock last traded?
The last trade of ONEOK, Inc. Common Stock was at 4:10 pm EDT on April 2nd, 2025
What is the market capitalization of ONEOK, Inc. Common Stock?
The market capitalization of ONEOK, Inc. Common Stock is 44.73B
How many shares of ONEOK, Inc. Common Stock are outstanding?
ONEOK, Inc. Common Stock has 445.66M shares outstanding.