Oneok (OKE) Capital Expenditures (2009 - 2026)
Oneok (OKE) posted quarterly Capital Expenditures of $864.0 million for Q1 2026, up 37.36% year-over-year from $629.0 million in Q1 2025, and down 10.93% quarter-over-quarter from $970.0 million in Q4 2025.
Oneok (OKE) Capital Expenditures (2009 - 2026) Analysis & Trends
Oneok's Capital Expenditures history runs 18 years deep, the most recent figure standing at $864.0 million for Q1 2026.
- In Q1 2026, Capital Expenditures rose 37.36% year-over-year to $864.0 million; the TTM figure through Mar 2026 stood at $3.4 billion (up 58.42% YoY), while the FY2025 annual figure was $3.2 billion, up 55.96% from the prior year.
- Capital Expenditures for Q1 2026 stood at $864.0 million, down from $970.0 million in the prior quarter.
- The five-year high for Capital Expenditures was $970.0 million in Q4 2025, with the low at $257.0 million in Q1 2022.
- The 5-year median for Capital Expenditures is $479.0 million (2024), against an average of $519.6 million.
- The sharpest annual moves came in 2022 and 2024: Capital Expenditures soared 104.9% in 2022, then fell 6.8% in 2024.
- Oneok's Capital Expenditures stood at $316.0 million in 2022, then surged by 90.82% to $603.0 million in 2023, then retreated by 6.8% to $562.0 million in 2024, then soared by 72.6% to $970.0 million in 2025, then slipped by 10.93% to $864.0 million in 2026.
- Business Quant data shows OKE's Capital Expenditures at $864.0 million in Q1 2026, $970.0 million in Q4 2025, and $804.0 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capex (Qtr) |
|---|---|---|---|---|---|
| 1 | Kinder Morgan | 112.69 Bn | 112.57 Bn | 3.07 Bn | 982.00 Mn |
| 2 | Enbridge | 110.90 Bn | 109.41 Bn | 5.23 Bn | 2.15 Bn |
| 3 | Enterprise Products Partners | 83.47 Bn | 82.57 Bn | - | 1.16 Bn |
| 4 | Energy Transfer | 72.69 Bn | 71.66 Bn | 7.40 Bn | 1.56 Bn |
| 5 | Tc Energy | 65.95 Bn | 58.39 Bn | 1.24 Bn | -3.61 Mn |
| 6 | Oneok | 60.15 Bn | 59.99 Bn | 2.81 Bn | 613.00 Mn |
| 7 | Mplx | 59.97 Bn | 58.94 Bn | 2.73 Bn | 825.00 Mn |
| 8 | Targa Resources | 59.51 Bn | 59.37 Bn | 2.14 Bn | 1.01 Bn |
| 9 | Cheniere Energy | 56.09 Bn | 54.84 Bn | 5.29 Bn | 1.18 Bn |
| 10 | Venture Global | 34.41 Bn | 31.19 Bn | 2.92 Bn | 3.72 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 613.00 Mn |
| Jun 30, 2026 | 613.00 Mn |
| 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 |