ONEOK (OKE) Revenue & Revenue Breakdown


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ONEOK Revenue Highlights


Latest Revenue (Y)

$17.68B

Latest Revenue (Q)

$4.78B

Main Segment (Y)

Residue Natural Gas Sales

Main Geography (Y)

Total Segments

ONEOK Revenue by Period


ONEOK Revenue by Year

DateRevenueChange
2023-12-31$17.68B-21.04%
2022-12-31$22.39B35.35%
2021-12-31$16.54B93.63%
2020-12-31$8.54B-15.96%
2019-12-31$10.16B-19.29%
2018-12-31$12.59B3.44%
2017-12-31$12.17B36.46%
2016-12-31$8.92B14.91%
2015-12-31$7.76B-36.34%
2014-12-31$12.20B-16.49%
2013-12-31$14.60B15.60%
2012-12-31$12.63B-14.68%
2011-12-31$14.81B13.63%
2010-12-31$13.03B17.26%
2009-12-31$11.11B-31.23%
2008-12-31$16.16B19.89%
2007-12-31$13.48B13.29%
2006-12-31$11.90B-6.15%
2005-12-31$12.68B111.69%
2004-12-31$5.99B99.67%
2003-12-31$3.00B42.52%
2002-12-31$2.10B-69.07%
2001-12-31$6.80B2.41%
2000-12-31$6.64B721.25%
1999-12-31$808.87M-55.93%
1998-08-31$1.84B57.97%
1997-08-31$1.16B-5.10%
1996-08-31$1.22B28.89%
1995-08-31$949.90M19.88%
1994-08-31$792.40M0.42%
1993-08-31$789.10M-

ONEOK generated $17.68B in revenue during NA 2023, up -21.04% compared to the previous quarter, and up 140.37% compared to the same period a year ago.

ONEOK Revenue by Quarter

DateRevenueChange
2024-03-31$4.78B-7.76%
2023-12-31$5.18B23.73%
2023-09-30$4.19B12.25%
2023-06-30$3.73B-17.45%
2023-03-31$4.52B-10.16%
2022-12-31$5.03B-14.91%
2022-09-30$5.91B-1.38%
2022-06-30$6.00B10.13%
2022-03-31$5.44B0.44%
2021-12-31$5.42B19.49%
2021-09-30$4.54B33.85%
2021-06-30$3.39B6.08%
2021-03-31$3.19B24.28%
2020-12-31$2.57B18.23%
2020-09-30$2.17B30.92%
2020-06-30$1.66B-22.27%
2020-03-31$2.14B-19.78%
2019-12-31$2.66B17.69%
2019-09-30$2.26B-7.91%
2019-06-30$2.46B-11.60%
2019-03-31$2.78B-11.37%
2018-12-31$3.14B-7.58%
2018-09-30$3.39B14.64%
2018-06-30$2.96B-4.56%
2018-03-31$3.10B-18.20%
2017-12-31$3.79B30.48%
2017-09-30$2.91B6.63%
2017-06-30$2.73B-0.87%
2017-03-31$2.75B3.58%
2016-12-31$2.65B12.58%
2016-09-30$2.36B10.49%
2016-06-30$2.13B20.27%
2016-03-31$1.77B-8.10%
2015-12-31$1.93B1.68%
2015-09-30$1.90B-10.77%
2015-06-30$2.13B17.88%
2015-03-31$1.81B-36.54%
2014-12-31$2.84B-8.83%
2014-09-30$3.12B1.74%
2014-06-30$3.07B-3.05%
2014-03-31$3.16B-23.59%
2013-12-31$4.14B15.91%
2013-09-30$3.57B6.65%
2013-06-30$3.35B-5.43%
2013-03-31$3.54B-3.24%
2012-12-31$3.66B20.84%
2012-09-30$3.03B19.75%
2012-06-30$2.53B-25.93%
2012-03-31$3.41B-10.83%
2011-12-31$3.83B6.51%
2011-09-30$3.60B2.30%
2011-06-30$3.51B-9.11%
2011-03-31$3.87B15.21%
2010-12-31$3.36B14.05%
2010-09-30$2.94B4.83%
2010-05-26$2.81B-28.46%
2010-03-12$3.92B5.22%
2009-12-31$3.73B57.71%
2009-09-30$2.36B6.15%
2009-07-23$2.23B-20.15%
2009-03-31$2.79B-1.88%
2008-12-31$2.84B-32.93%
2008-09-30$4.24B1.59%
2008-06-30$4.17B-14.88%
2008-03-31$4.90B23.01%
2007-12-31$3.98B-

ONEOK generated $4.78B in revenue during Q1 2024, up -7.76% compared to the previous quarter, and up 95.01% compared to the same period a year ago.

ONEOK Revenue Breakdown


ONEOK Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceDec 23Dec 22Dec 21Dec 20Dec 19
Residue Natural Gas Sales$1.44B----
Other$78.00M----
Gathering and Exchange Services Revenue$696.00M----
Transportation and Storage Revenue$1.32B----
Services-$1.41B$1.36B$1.29B$1.25B
Commodity Sales-$20.98B$15.18B$7.26B$8.92B

ONEOK's latest annual revenue breakdown by segment (product or service), as of Dec 23: Residue Natural Gas Sales (40.69%), Transportation and Storage Revenue (37.40%), Gathering and Exchange Services Revenue (19.71%), and Other (2.21%).

Quarterly Revenue by Product

Product/ServiceMar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19
Refined Products and Crude Oil$844.00M-------------------
Natural Gas Liquids$3.44B-------------------
Natural Gas Pipelines$185.00M-------------------
Natural Gas Gathering And Processing$1.01B-------------------
Gathering and Exchange Services Revenue$157.00M$510.00M$186.00M$175.98M$167.29M---------------
Commodity Sales$4.24B$3.37B$4.16B$4.66B$5.56B$5.06B$4.20B$3.07B$2.84B$2.25B$1.85B$1.34B$1.81B$2.35B$1.95B$2.15B----
Other$37.00M-$85.00M-----------------
Residue Natural Gas Sales$372.00M$1.16B$282.00M$660.68M$577.13M---------------
Transportation and Storage Revenue$671.00M$1.13B$191.00M$168.88M$167.51M---------------
NGL and Condensate Sales--$4.07B$4.99B$4.53B---------------
Services---$361.00M$365.00M$376.12M$350.00M$355.90M$331.38M$314.19M$358.57M$319.69M$322.07M$317.17M$328.05M$315.19M$315.39M$310.73M--

ONEOK's latest quarterly revenue breakdown by segment (product or service), as of Mar 24: Commodity Sales (38.70%), Natural Gas Liquids (31.38%), Natural Gas Gathering And Processing (9.22%), Refined Products and Crude Oil (7.71%), Transportation and Storage Revenue (6.13%), Residue Natural Gas Sales (3.40%), Natural Gas Pipelines (1.69%), Gathering and Exchange Services Revenue (1.43%), and Other (0.34%).

ONEOK Revenue Breakdown by Country

Annual Revenue by Country

CountryDec 22Dec 21Dec 20Dec 19Dec 18
Services$1.41B$1.36B$1.29B$1.25B-
Total Segments$26.18B$14.40B---
Commodity Sales$20.98B$15.18B$7.26B$8.92B-
Natural Gas Gathering And Processing----$3.03B
Natural Gas Liquids----$10.93B
Natural Gas Pipelines----$431.74M
Intersegment Eliminations----$-1.81B

ONEOK's latest annual revenue breakdown by geography, as of Dec 22: Total Segments (53.90%), Commodity Sales (43.19%), and Services (2.91%).

Quarterly Revenue by Country

CountryJun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19
Total Segments$4.25B$5.16B$5.71B$6.93B$7.07B$6.48B$14.08B$5.38B$3.98B$3.70B$2.88B$2.41B$1.76B$2.34B$6.10B$2.50B$2.77B

ONEOK's latest quarterly revenue breakdown by geography, as of Jun 23: Total Segments (100.00%).

ONEOK Peer Comparison by Revenue


TickerCompanyLast Year RevenueLast Quarter Revenue
ETEnergy Transfer LP$78.59B$21.63B
EPDEnterprise Products Partners$49.72B$13.48B
PAAPlains All American Pipeline$48.74B$12.93B
ENBEnbridge$43.65B$11.34B
OKEONEOK$17.68B$4.78B
KMIKinder Morgan$15.33B$3.57B
WMBWilliams Companies$10.91B$2.46B
MPLXMPLX LP$10.68B$3.05B

OKE Revenue FAQ


ONEOK's yearly revenue for 2023 was $17.68B, representing a decrease of -21.04% compared to 2022. The company's yearly revenue for 2022 was $22.39B, representing an increase of 35.35% compared to 2021. OKE's yearly revenue for 2021 was $16.54B, representing an increase of 93.63% compared to 2020.

ONEOK's quarterly revenue for Q1 2024 was $4.78B, a -7.76% decrease from the previous quarter (Q4 2023), and a 5.75% increase year-over-year (Q1 2023). The company's quarterly revenue for Q4 2023 was $5.18B, a 23.73% increase from the previous quarter (Q3 2023), and a 3.00% increase year-over-year (Q4 2022). OKE's quarterly revenue for Q3 2023 was $4.19B, a 12.25% increase from the previous quarter (Q2 2023), and a -29.16% decrease year-over-year (Q3 2022).

ONEOK's revenue growth rate for the last 3 years (2021-2023) was 6.87%, and for the last 5 years (2019-2023) was 73.91%.

ONEOK's revenue streams in c 23 are Residue Natural Gas Sales, Other, Gathering and Exchange Services Revenue, and Transportation and Storage Revenue. Residue Natural Gas Sales generated $1.44B in revenue, accounting 40.69% of the company's total revenue Other generated $78M in revenue, accounting 2.21% of the company's total revenue Gathering and Exchange Services Revenue generated $696M in revenue, accounting 19.71% of the company's total revenue Transportation and Storage Revenue generated $1.32B in revenue, accounting 37.40% of the company's total revenue

For the fiscal year ending Dec 23, the largest source of revenue of ONEOK was Residue Natural Gas Sales. This segment made a revenue of $1.44B, representing 40.69% of the company's total revenue.