OKE

Oneok, Inc. is a U.S. midstream energy company that gathers, processes, fractionates, transports, stores and exports natural gas, natural‑gas liquids, crude oil and refined products through a network of roughly 60,000 miles of pipelines and related facilities. It operates four core segments—natural‑gas gathering and processing, natural‑gas liquids, natural‑gas pipelines, and refined‑products and crude—providing fee‑based, bundled‑service contracts that connect producers with downstream markets. The firm is a leading, diversified midstream operator in North America, ranked among the Fortune 500 and listed in the S&P 500, with a strong presence in key basins such as the Williston, Permian, Mid‑Continent and Gulf Coast regions. Its business model resembles a toll‑road, earning stable revenues from transporting and processing energy commodities rather than from commodity price exposure.