ONEOK runs pipelines, processing plants, fractionators and storage that move natural gas, natural gas liquids, refined products and crude oil for energy producers and buyers across the United States. Its system runs from the wellhead to Gulf Coast export docks, so it handles gas from the moment it leaves a well until the products reach customers. Producers send raw gas to its plants, where ONEOK strips out liquids such as ethane and propane, separates them, and ships them to refiners, chemical makers and overseas buyers. Most of its income comes from fees for gathering, processing, transport and storage rather than from selling commodities. It was founded in 1906 as Oklahoma Natural Gas and is based in Tulsa, Oklahoma.
Company Size
5,001-10,000
Company Stage
IPO
Headquarters
Tulsa, Oklahoma
Founded
1906
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