Oneok (OKE) Capital Expenditures (2009 - 2026)
Oneok (OKE) posted Capital Expenditures of $864.0 million for Q1 2026, down 10.93% on a QoQ basis from $970.0 million in Q4 2025, and up 37.36% year-on-year from $629.0 million in Q1 2025.
Oneok (OKE) Capital Expenditures (2009 - 2026) Analysis & Trends
Oneok has disclosed Capital Expenditures across 18 years of filings, most recently posting $864.0 million for Q1 2026.
- Capital Expenditures for Q1 2026 came in at $864.0 million, up 37.36% year-over-year; the trailing twelve-month figure through Mar 2026 was $3.4 billion (up 58.42% YoY), and the FY2025 annual result was $3.2 billion, up 55.96% from the prior year.
- Capital Expenditures came in at $864.0 million for Q1 2026 at Oneok, down from $970.0 million in the prior quarter.
- Over the last five years, Capital Expenditures for OKE reached as high as $970.0 million in Q4 2025 and fell as low as $257.0 million in Q1 2022.
- Median Capital Expenditures over the past 5 years was $479.0 million (2024), compared with a mean of $519.6 million.
- Year-over-year, Capital Expenditures surged 104.9% in 2022 and decreased 6.8% in 2024.
- Over 5 years, Capital Expenditures stood at $316.0 million in 2022, then soared by 90.82% to $603.0 million in 2023, then decreased by 6.8% to $562.0 million in 2024, then jumped by 72.6% to $970.0 million in 2025, then dropped by 10.93% to $864.0 million in 2026.
- Per Business Quant, the three latest OKE Capital Expenditures figures stand at $864.0 million (Q1 2026), $970.0 million (Q4 2025), and $804.0 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capital Expenditures (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 1,308.38 Bn | 1,309.08 Bn | 6.70 Bn | 1.78 Bn |
| 2 | Kinder Morgan | 112.34 Bn | 113.42 Bn | 3.08 Bn | 133.00 Mn |
| 3 | Enterprise Products Partners | 79.55 Bn | 78.40 Bn | - | 983.00 Mn |
| 4 | Energy Transfer | 65.78 Bn | 65.07 Bn | 6.62 Bn | 1.92 Bn |
| 5 | Targa Resources | 57.60 Bn | 57.63 Bn | 1.70 Bn | 899.50 Mn |
| 6 | Mplx | 57.17 Bn | 55.67 Bn | 2.54 Bn | 575.00 Mn |
| 7 | Oneok | 54.83 Bn | 54.70 Bn | 2.57 Bn | 864.00 Mn |
| 8 | Cheniere Energy Partners | 29.50 Bn | 29.22 Bn | 838.00 Mn | 31.00 Mn |
| 9 | Venture Global | 27.41 Bn | 27.36 Bn | 4.33 Bn | 3.18 Bn |
| 10 | Plains All American Pipeline | 15.72 Bn | 15.54 Bn | 977.00 Mn | 130.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 864.00 Mn |
| Mar 31, 2026 | 864.00 Mn |
| Dec 31, 2025 | 970.00 Mn |
| Dec 31, 2025 | 970.00 Mn |
| Sep 30, 2025 | 804.00 Mn |
| Sep 30, 2025 | 804.00 Mn |
| Jun 30, 2025 | 749.00 Mn |
| Jun 30, 2025 | 749.00 Mn |
| Mar 31, 2025 | 629.00 Mn |
| Mar 31, 2025 | 629.00 Mn |
| Dec 31, 2024 | 562.00 Mn |
| Dec 31, 2024 | 562.00 Mn |
| Sep 30, 2024 | 468.00 Mn |
| Sep 30, 2024 | 468.00 Mn |
| Jun 30, 2024 | 479.00 Mn |
| Jun 30, 2024 | 479.00 Mn |
| Mar 31, 2024 | 512.00 Mn |
| Mar 31, 2024 | 512.00 Mn |
| Dec 31, 2023 | 603.00 Mn |
| Dec 31, 2023 | 603.00 Mn |