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ONEOK, Inc. · Tulsa, OK United States ·(NYSE: OKE)

Company Description

100 W. 5th St.
Tulsa, OK
74103
United States (Map)
Phone: 918-588-7000
Fax: 918-588-7960
Rankings
  • #159 in FORTUNE 500
  • S&P 400
View ONEOK, Inc. Locations On A US MapThis link will open in a new window
One okey-dokey company, ONEOK (pronounced "one oak") is branching out across the energy industry. The company's regulated utilities, Oklahoma Natural Gas, Kansas Gas Service, and Texas Gas Service, distribute natural gas to more than 2 million customers. Through its 48%-owned ONEOK Partners it operates 14,300 miles of gas-gathering pipeline and 6,920 miles of transportation pipeline, as well as gas processing plants and storage facilities.The unit also owns one of the US's top natural gas liquids (NGL) systems. ONEOK's energy services operation focuses on marketing natural gas and related services throughout the US. ONEOK also operates a parking garage and leases office space in Tulsa. To read the full description, subscribe now.
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Key ONEOK, Inc. Financials

Company TypePublic - NYSE: OKE

Headquarters
Fiscal Year-EndDecember
2008 Sales (mil.)$16,157.4
2008 Employees4,742

ONEOK, Inc. Executives

62 executives listed for ONEOK, Inc.'s Tulsa, OK location.
TitleName & BioContact
ChairmanDavid KyleNetwork
CEO and Director; Chairman and CEO, ONEOK PartnersJohn GibsonNetwork
President ONEOK and ONEOK PartnersJames KnealeNetwork

Competition

Competitive Landscape for ONEOK, Inc.
Demand for petroleum comes mainly from auto and truck use and home heating. Profitability is determined by the efficiency of operations. Most companies are local and operate a single "bulk station" (tank farm), although the large companies may operate a dozen facilities and serve several states. Large wholesale purchasers generally can negotiate bigger price discounts from suppliers and spread the cost of bulk holding facilities over a larger number of gallons. An economic recession or dramatic price fluctuations, such as those that occurred in the first half of 2008, reduce demand for gasoline. Concerns about US dependency on foreign fuel and environmental issues also impact demand. Any decline in demand can adversely affect petroleum distributors. To read the full description, subscribe now.
Top ONEOK, Inc. Competitors
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