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Oneok (OKE) Operating Expenses (2023 - 2025)

Oneok has reported Operating Expenses over the past 10 years, most recently at $7.0 million for Q4 2025.

  • Quarterly results put Operating Expenses at $7.0 million for Q4 2025, down 87.5% from a year ago — trailing twelve months through Dec 2025 was $81.0 million (up 10.96% YoY), and the annual figure for FY2025 was $1.5 billion, up 26.26%.
  • Operating Expenses for Q4 2025 was $7.0 million at Oneok, down from $10.0 million in the prior quarter.
  • Over the last five years, Operating Expenses for OKE hit a ceiling of $123.0 million in Q3 2023 and a floor of $3.0 million in Q1 2024.
  • Median Operating Expenses over the past 3 years was $16.0 million (2024), compared with a mean of $30.2 million.
  • Biggest five-year swings in Operating Expenses: tumbled 91.87% in 2024 and later skyrocketed 1300.0% in 2025.
  • Oneok's 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.
  • The last three reported values for Operating Expenses were $7.0 million (Q4 2025), $10.0 million (Q3 2025), and $22.0 million (Q2 2025) per Business Quant data.