Oneok (OKE) Invested Capital (2009 - 2026)

Oneok (OKE) recorded quarterly Invested Capital of $54.4 billion in Q1 2026, little changed quarter-over-quarter from $54.6 billion in Q4 2025, and up 0.98% on a YoY basis from $53.9 billion in Q1 2025.

Oneok (OKE) Invested Capital (2009 - 2026) Analysis & Trends

Oneok's Invested Capital history runs 18 years deep, the most recent figure standing at $54.4 billion for Q1 2026.

  • In Q1 2026, Invested Capital rose 0.98% year-over-year to $54.4 billion; the TTM figure through Mar 2026 stood at $54.4 billion (up 0.98% YoY), while the FY2025 annual figure was $54.6 billion, up 0.62% from the prior year.
  • Invested Capital was $54.4 billion for Q1 2026 at Oneok, roughly flat from $54.6 billion in the prior quarter.
  • In the past five years, Invested Capital ranged from a high of $55.9 billion in Q3 2025 to a low of $19.2 billion in Q3 2022.
  • Historically, Invested Capital has averaged $37.8 billion across 5 years, with a median of $38.3 billion in 2023.
  • The sharpest annual moves came in 2022 and 2023: Invested Capital declined 4.14% in 2022, then surged 99.35% in 2023.
  • A 5-year view of Invested Capital shows it stood at $20.1 billion in 2022, then surged by 90.03% to $38.2 billion in 2023, then jumped by 42.03% to $54.2 billion in 2024, then gained by 0.62% to $54.6 billion in 2025, then retreated by 0.22% to $54.4 billion in 2026.
  • The last three Invested Capital figures came in at $54.4 billion (Q1 2026), $54.6 billion (Q4 2025), and $55.9 billion (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Invested Cap. (Qtr)
1 Enbridge 88.33 Bn 89.03 Bn 6.70 Bn 59.19 Bn
2 Enterprise Products Partners 80.83 Bn 79.68 Bn - 33.06 Bn
3 Kinder Morgan 69.66 Bn 70.75 Bn 3.08 Bn 61.04 Bn
4 Energy Transfer 65.60 Bn 64.88 Bn 6.62 Bn 103.80 Bn
5 Scorpio Tankers 59.17 Bn 58.19 Bn - 21.28 Mn
6 Mplx 57.43 Bn 55.92 Bn 2.54 Bn 40.30 Bn
7 Targa Resources 56.68 Bn 56.71 Bn 1.70 Bn 21.59 Bn
8 Oneok 55.34 Bn 55.21 Bn 2.57 Bn 54.45 Bn
9 Tc Energy 50.79 Bn 51.99 Bn 2.95 Bn 19.65 Bn
10 Cheniere Energy 50.33 Bn 52.53 Bn 5.86 Bn 25.90 Bn

Historic Data

Download Data
DateValue
Mar 31, 2026 54.45 Bn
Dec 31, 2025 54.57 Bn
Sep 30, 2025 55.86 Bn
Jun 30, 2025 53.20 Bn
Mar 31, 2025 53.92 Bn
Dec 31, 2024 54.23 Bn
Sep 30, 2024 44.99 Bn
Jun 30, 2024 38.41 Bn
Mar 31, 2024 38.15 Bn
Dec 31, 2023 38.18 Bn
Sep 30, 2023 38.30 Bn
Jun 30, 2023 19.92 Bn
Mar 31, 2023 20.33 Bn
Dec 31, 2022 20.09 Bn
Sep 30, 2022 19.21 Bn
Jun 30, 2022 19.92 Bn
Mar 31, 2022 19.59 Bn
Dec 31, 2021 19.62 Bn
Sep 30, 2021 20.04 Bn
Jun 30, 2021 20.11 Bn