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Overview
ONEOK is a Fortune 500 energy company that provides natural gas gathering, processing, storage, and transportation services. The company was founded in 1906 and is headquartered in Tulsa, Oklahoma. ONEOK operates through two primary business segments: ONEOK Partners and Natural Gas Distribution. ONEOK Partners is a subsidiary of ONEOK and provides midstream services such as gathering, processing, storage, and transportation of natural gas and natural gas liquids (NGLs). This segment operates in several states including Oklahoma, Texas, Kansas, and North Dakota. The Natural Gas Distribution segment provides regulated natural gas distribution services to residential, commercial, and industrial customers in Oklahoma, Kansas, and Texas. The company also has several other subsidiaries that focus on marketing, energy services, and pipelines. ONEOK is committed to sustainable practices and has set a goal to reduce its greenhouse gas emissions by 50% by 2030. The company is also involved in various community initiatives and has donated over $71 million to charitable organizations since 2012. ONEOK is traded on the New York Stock Exchange under the ticker symbol "OKE" and is included in the S&P 500 index. As of 2021, the company has a market capitalization of over $27 billion.
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