Oneok (OKE) Operating Expenses (2009 - 2026)

Oneok's (OKE) quarterly Operating Expenses came in at $7.0 million in Q1 2026, down 83.33% year-on-year from $42.0 million in Q1 2025, and little changed quarter-over-quarter from $7.0 million in Q4 2025.

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

Oneok's Operating Expenses history runs 11 years deep, the most recent figure standing at $7.0 million for Q1 2026.

  • On a quarterly basis, Operating Expenses fell 83.33% year-over-year to $7.0 million in Q1 2026; TTM through Mar 2026 was $46.0 million, a 58.93% decrease from a year earlier, with the FY2025 full-year figure at $81.0 million, up 10.96% from the prior year.
  • Operating Expenses was little changed at $7.0 million in Q1 2026 per OKE's latest filing, from $7.0 million in the prior quarter.
  • Across five years, Operating Expenses topped out at $123.0 million in Q3 2023 and bottomed at $3.0 million in Q1 2024.
  • The 4-year median for Operating Expenses is $10.0 million (2024), against an average of $28.1 million.
  • Across the five-year window, Operating Expenses sank 91.87% in 2024 and jumped 1300.0% in 2025, its largest moves.
  • Year by year, Operating Expenses stood at $25.0 million in 2023, then jumped by 124.0% to $56.0 million in 2024, then slumped by 87.5% to $7.0 million in 2025, then changed by 0.0% to $7.0 million in 2026.
  • Per Business Quant, the three latest OKE Operating Expenses figures stand at $7.0 million (Q1 2026), $7.0 million (Q4 2025), and $10.0 million (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 DHT Holdings 2,706.13 Bn 2,706.00 Bn 167.16 Mn 78.81 Mn
2 Flex LNG 1,674.16 Bn 1,673.77 Bn 61.79 Mn -21.81 Mn
3 Kinder Morgan 112.74 Bn 113.82 Bn 3.07 Bn 3.13 Bn
4 Enbridge 89.82 Bn 89.03 Bn 6.70 Bn 13.95 Bn
5 Enterprise Products Partners 83.97 Bn 82.82 Bn - 12.50 Bn
6 Tc Energy 72.76 Bn 73.95 Bn 1.36 Bn 915.00 Mn
7 Energy Transfer 70.27 Bn 69.30 Bn 6.62 Bn 24.79 Bn
8 Targa Resources 61.30 Bn 61.34 Bn 1.70 Bn 333.70 Mn
9 Oneok 61.15 Bn 61.02 Bn 8.98 Bn 7.00 Mn
10 Mplx 58.39 Bn 56.89 Bn 1.95 Bn 1.82 Bn

Historic Data

Download Data
DateValue
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
Sep 30, 2013 192.85 Mn