Oneok (OKE) Capital Expenditures (2009 - 2026)
Oneok's (OKE) quarterly Capital Expenditures came in at $864.0 million in Q1 2026, up 37.36% year-on-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.
- On a quarterly basis, Capital Expenditures rose 37.36% year-over-year to $864.0 million in Q1 2026; TTM through Mar 2026 was $3.4 billion, a 58.42% increase from a year earlier, with the FY2025 full-year figure at $3.2 billion, up 55.96% from the prior year.
- Capital Expenditures slipped to $864.0 million in Q1 2026 per OKE's latest filing, from $970.0 million in the prior quarter.
- Across five years, Capital Expenditures topped out at $970.0 million in Q4 2025 and bottomed 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.
- Across the five-year window, Capital Expenditures soared 104.9% in 2022 and slipped 6.8% in 2024, its largest moves.
- Year by year, 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 | DHT Holdings | 2,706.13 Bn | 2,706.00 Bn | 167.16 Mn | -166,000.00 |
| 2 | Flex LNG | 1,674.16 Bn | 1,673.77 Bn | 61.79 Mn | -3.03 Mn |
| 3 | Kinder Morgan | 112.74 Bn | 113.82 Bn | 3.07 Bn | 982.00 Mn |
| 4 | Enbridge | 89.82 Bn | 89.03 Bn | 6.70 Bn | 1.78 Bn |
| 5 | Enterprise Products Partners | 83.97 Bn | 82.82 Bn | - | 983.00 Mn |
| 6 | Tc Energy | 72.76 Bn | 73.95 Bn | 1.36 Bn | -2.87 Mn |
| 7 | Energy Transfer | 70.27 Bn | 69.30 Bn | 6.62 Bn | 1.92 Bn |
| 8 | Targa Resources | 61.30 Bn | 61.34 Bn | 1.70 Bn | 899.50 Mn |
| 9 | Oneok | 61.15 Bn | 61.02 Bn | 8.98 Bn | 864.00 Mn |
| 10 | Mplx | 58.39 Bn | 56.89 Bn | 1.95 Bn | 575.00 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 |