Oneok OKE
NYSE OKE
$95.43 -0.32 (-0.33%)
At close: Sep 4, 2026 · 4:00 PM EDT

Oneok (OKE) Operating Expenses (2009 - 2026)

Oneok (OKE) posted Operating Expenses of $4.0 million for Q2 2026, down 42.86% on a QoQ basis from $7.0 million in Q1 2026, and down 81.82% year-over-year from $22.0 million in Q2 2025.

Analysis

Oneok (OKE) Operating Expenses (2009 - 2026) Analysis & Trends

Oneok has reported Operating Expenses for 11 years, with the latest figure at $4.0 million in Q2 2026.

  • On a quarterly basis, Operating Expenses fell 81.82% year-over-year to $4.0 million in Q2 2026; TTM through Jun 2026 was $28.0 million, a 78.46% decrease from a year earlier, with the FY2025 full-year figure at $1.5 billion, up 26.26% from the prior year.
  • Operating Expenses was $4.0 million for Q2 2026 at Oneok, down from $7.0 million in the prior quarter.
  • The five-year high for Operating Expenses was $123.0 million in Q3 2023, with the low at $3.0 million in Q1 2024.
  • Average Operating Expenses over 4 years is $26.1 million, with a median of $10.0 million recorded in 2024.
  • The sharpest annual moves came in 2024 and 2025: Operating Expenses plunged 91.87% in 2024, then soared 1300.0% in 2025.
  • Over 4 years, Operating Expenses stood at $25.0 million in 2023, then surged by 124.0% to $56.0 million in 2024, then tumbled by 87.5% to $7.0 million in 2025, then plunged by 42.86% to $4.0 million in 2026.
  • The last three Operating Expenses figures came in at $4.0 million (Q2 2026), $7.0 million (Q1 2026), and $7.0 million (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Kinder Morgan 111.69 Bn 112.81 Bn 3.07 Bn 3.13 Bn
2 Enterprise Products Partners 84.07 Bn 83.21 Bn - 16.13 Bn
3 Energy Transfer 74.03 Bn 73.00 Bn 7.40 Bn 30.76 Bn
4 Tc Energy 65.16 Bn 64.62 Bn 1.80 Bn -
5 Targa Resources 62.18 Bn 62.19 Bn 2.14 Bn 354.10 Mn
6 Mplx 60.51 Bn 59.48 Bn 2.73 Bn 1.93 Bn
7 Oneok 60.16 Bn 60.09 Bn 2.81 Bn 4.00 Mn
8 Enbridge 54.38 Bn 54.88 Bn 5.23 Bn 19.09 Bn
9 Pembina Pipeline 28.12 Bn 27.76 Bn 933.00 Mn 132.00 Mn
10 Gas Transporter Of The South 21.92 Bn -3,019.13 Bn - -
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 4.00 Mn
Mar 31, 2026 7.00 Mn
Dec 31, 2025 7.00 Mn
Sep 30, 2025 10.00 Mn
Jun 30, 2025 22.00 Mn
Mar 31, 2025 42.00 Mn
Dec 31, 2024 56.00 Mn
Sep 30, 2024 10.00 Mn
Jun 30, 2024 4.00 Mn
Mar 31, 2024 3.00 Mn
Dec 31, 2023 25.00 Mn
Sep 30, 2023 123.00 Mn
Sep 30, 2015 252.48 Mn
Jun 30, 2015 252.34 Mn
Mar 31, 2015 264.97 Mn
Dec 31, 2014 261.81 Mn
Sep 30, 2014 247.08 Mn
Jun 30, 2014 244.15 Mn
Mar 31, 2014 216.53 Mn
Dec 31, 2013 207.01 Mn