Oneok (OKE) Capital Expenditures (2009 - 2026)
Oneok (OKE) posted Capital Expenditures of $613.0 million for Q2 2026, down 29.05% on a QoQ basis from $864.0 million in Q1 2026, and down 18.16% year-over-year from $749.0 million in Q2 2025.
Analysis
Oneok (OKE) Capital Expenditures (2009 - 2026) Analysis & Trends
Oneok has reported Capital Expenditures for 18 years, with the latest figure at $613.0 million in Q2 2026.
- On a quarterly basis, Capital Expenditures fell 18.16% year-over-year to $613.0 million in Q2 2026; TTM through Jun 2026 was $3.3 billion, a 35.01% increase from a year earlier, with the FY2025 full-year figure at $3.2 billion, up 55.96% from the prior year.
- Capital Expenditures was $613.0 million for Q2 2026 at Oneok, down from $864.0 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.
- Average Capital Expenditures over 5 years is $524.8 million, with a median of $495.5 million recorded in 2024.
- The sharpest annual moves came in 2022 and 2026: Capital Expenditures surged 104.9% in 2022, then declined 18.16% in 2026.
- Over 5 years, Capital Expenditures stood at $316.0 million in 2022, then jumped by 90.82% to $603.0 million in 2023, then slipped by 6.8% to $562.0 million in 2024, then surged by 72.6% to $970.0 million in 2025, then slumped by 36.8% to $613.0 million in 2026.
- The last three Capital Expenditures figures came in at $613.0 million (Q2 2026), $864.0 million (Q1 2026), and $970.0 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capital Expenditures (Qtr) |
|---|---|---|---|---|---|
| 1 | Kinder Morgan | 111.69 Bn | 112.81 Bn | 3.07 Bn | 982.00 Mn |
| 2 | Enterprise Products Partners | 84.07 Bn | 83.21 Bn | - | 1.16 Bn |
| 3 | Energy Transfer | 74.03 Bn | 73.00 Bn | 7.40 Bn | 1.56 Bn |
| 4 | Tc Energy | 65.16 Bn | 64.62 Bn | 1.80 Bn | -773.53 Mn |
| 5 | Targa Resources | 62.18 Bn | 62.19 Bn | 2.14 Bn | 1.01 Bn |
| 6 | Mplx | 60.51 Bn | 59.48 Bn | 2.73 Bn | 825.00 Mn |
| 7 | Oneok | 60.16 Bn | 60.09 Bn | 2.81 Bn | 613.00 Mn |
| 8 | Enbridge | 54.38 Bn | 54.88 Bn | 5.23 Bn | 2.15 Bn |
| 9 | Pembina Pipeline | 28.12 Bn | 27.76 Bn | 933.00 Mn | -218.00 Mn |
| 10 | Gas Transporter Of The South | 21.92 Bn | -3,019.13 Bn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 613.00 Mn |
| Mar 31, 2026 | 864.00 Mn |
| Dec 31, 2025 | 970.00 Mn |
| Sep 30, 2025 | 804.00 Mn |
| Jun 30, 2025 | 749.00 Mn |
| Mar 31, 2025 | 629.00 Mn |
| Dec 31, 2024 | 562.00 Mn |
| Sep 30, 2024 | 468.00 Mn |
| Jun 30, 2024 | 479.00 Mn |
| Mar 31, 2024 | 512.00 Mn |
| Dec 31, 2023 | 603.00 Mn |
| Sep 30, 2023 | 398.00 Mn |
| Jun 30, 2023 | 305.00 Mn |
| Mar 31, 2023 | 289.00 Mn |
| Dec 31, 2022 | 316.00 Mn |
| Sep 30, 2022 | 327.00 Mn |
| Jun 30, 2022 | 302.00 Mn |
| Mar 31, 2022 | 257.00 Mn |
| Dec 31, 2021 | 206.67 Mn |
| Sep 30, 2021 | 166.21 Mn |