Analysis of Reportable Segments
ONEOK Inc. operates in 3 segments: Natural Gas Gathering and Processing; Natural Gas Liquids; and Natural Gas Pipelines.
Segment Profit Margin
ONEOK Inc., profit margin by reportable segment
| Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 | |
|---|---|---|---|---|---|
| Natural Gas Gathering and Processing | 15.87% | 19.93% | 35.71% | 29.66% | 20.81% |
| Natural Gas Liquids | 10.99% | 13.64% | 22.81% | 17.18% | 13.17% |
| Natural Gas Pipelines | 84.42% | 86.97% | 91.13% | 86.62% | 84.83% |
Based on: 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31).
| Segment profitability ratio | Reportable segment | The company |
|---|---|---|
| Segment profit margin | Natural Gas Gathering and Processing | Natural Gas Gathering and Processing segment profit margin ratio deteriorated from 2020 to 2021 and from 2021 to 2022. |
| Natural Gas Liquids | Natural Gas Liquids segment profit margin ratio deteriorated from 2020 to 2021 and from 2021 to 2022. | |
| Natural Gas Pipelines | Natural Gas Pipelines segment profit margin ratio deteriorated from 2020 to 2021 and from 2021 to 2022. |
Segment Profit Margin: Natural Gas Gathering and Processing
ONEOK Inc.; Natural Gas Gathering and Processing; segment profit margin calculation
| Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 | |
|---|---|---|---|---|---|
| Selected Financial Data (US$ in thousands) | |||||
| Adjusted EBITDA | 1,036,633) | 889,127) | 650,036) | 702,650) | 631,607) |
| Revenues | 6,533,492) | 4,461,539) | 1,820,121) | 2,368,639) | 3,034,577) |
| Segment Profitability Ratio | |||||
| Segment profit margin1 | 15.87% | 19.93% | 35.71% | 29.66% | 20.81% |
Based on: 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31).
1 2022 Calculation
Segment profit margin = 100 × Adjusted EBITDA ÷ Revenues
= 100 × 1,036,633 ÷ 6,533,492 = 15.87%
| Segment profitability ratio | Reportable segment | The company |
|---|---|---|
| Segment profit margin | Natural Gas Gathering and Processing | Natural Gas Gathering and Processing segment profit margin ratio deteriorated from 2020 to 2021 and from 2021 to 2022. |
Segment Profit Margin: Natural Gas Liquids
ONEOK Inc.; Natural Gas Liquids; segment profit margin calculation
| Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 | |
|---|---|---|---|---|---|
| Selected Financial Data (US$ in thousands) | |||||
| Adjusted EBITDA | 2,095,212) | 1,963,639) | 1,617,241) | 1,465,765) | 1,440,605) |
| Revenues | 19,066,822) | 14,391,873) | 7,090,013) | 8,532,516) | 10,934,578) |
| Segment Profitability Ratio | |||||
| Segment profit margin1 | 10.99% | 13.64% | 22.81% | 17.18% | 13.17% |
Based on: 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31).
1 2022 Calculation
Segment profit margin = 100 × Adjusted EBITDA ÷ Revenues
= 100 × 2,095,212 ÷ 19,066,822 = 10.99%
| Segment profitability ratio | Reportable segment | The company |
|---|---|---|
| Segment profit margin | Natural Gas Liquids | Natural Gas Liquids segment profit margin ratio deteriorated from 2020 to 2021 and from 2021 to 2022. |
Segment Profit Margin: Natural Gas Pipelines
ONEOK Inc.; Natural Gas Pipelines; segment profit margin calculation
| Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 | |
|---|---|---|---|---|---|
| Selected Financial Data (US$ in thousands) | |||||
| Adjusted EBITDA | 488,432) | 527,810) | 437,426) | 408,816) | 366,251) |
| Revenues | 578,542) | 606,903) | 479,982) | 471,987) | 431,735) |
| Segment Profitability Ratio | |||||
| Segment profit margin1 | 84.42% | 86.97% | 91.13% | 86.62% | 84.83% |
Based on: 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31).
1 2022 Calculation
Segment profit margin = 100 × Adjusted EBITDA ÷ Revenues
= 100 × 488,432 ÷ 578,542 = 84.42%
| Segment profitability ratio | Reportable segment | The company |
|---|---|---|
| Segment profit margin | Natural Gas Pipelines | Natural Gas Pipelines segment profit margin ratio deteriorated from 2020 to 2021 and from 2021 to 2022. |
Segment Return on Assets (Segment ROA)
ONEOK Inc., ROA by reportable segment
| Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 | |
|---|---|---|---|---|---|
| Natural Gas Gathering and Processing | 14.85% | 13.14% | 10.00% | 10.34% | 10.39% |
| Natural Gas Liquids | 14.31% | 13.54% | 11.86% | 11.68% | 14.91% |
| Natural Gas Pipelines | 21.67% | 24.63% | 20.83% | 19.52% | 17.18% |
Based on: 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31).
| Segment profitability ratio | Reportable segment | The company |
|---|---|---|
| Segment ROA | Natural Gas Gathering and Processing | Natural Gas Gathering and Processing segment ROA improved from 2020 to 2021 and from 2021 to 2022. |
| Natural Gas Liquids | Natural Gas Liquids segment ROA improved from 2020 to 2021 and from 2021 to 2022. | |
| Natural Gas Pipelines | Natural Gas Pipelines segment ROA improved from 2020 to 2021 but then slightly deteriorated from 2021 to 2022 not reaching 2020 level. |
Segment ROA: Natural Gas Gathering and Processing
ONEOK Inc.; Natural Gas Gathering and Processing; segment ROA calculation
| Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 | |
|---|---|---|---|---|---|
| Selected Financial Data (US$ in thousands) | |||||
| Adjusted EBITDA | 1,036,633) | 889,127) | 650,036) | 702,650) | 631,607) |
| Total assets | 6,979,816) | 6,768,955) | 6,499,908) | 6,795,744) | 6,078,473) |
| Segment Profitability Ratio | |||||
| Segment ROA1 | 14.85% | 13.14% | 10.00% | 10.34% | 10.39% |
Based on: 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31).
1 2022 Calculation
Segment ROA = 100 × Adjusted EBITDA ÷ Total assets
= 100 × 1,036,633 ÷ 6,979,816 = 14.85%
| Segment profitability ratio | Reportable segment | The company |
|---|---|---|
| Segment ROA | Natural Gas Gathering and Processing | Natural Gas Gathering and Processing segment ROA improved from 2020 to 2021 and from 2021 to 2022. |
Segment ROA: Natural Gas Liquids
ONEOK Inc.; Natural Gas Liquids; segment ROA calculation
| Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 | |
|---|---|---|---|---|---|
| Selected Financial Data (US$ in thousands) | |||||
| Adjusted EBITDA | 2,095,212) | 1,963,639) | 1,617,241) | 1,465,765) | 1,440,605) |
| Total assets | 14,643,324) | 14,502,372) | 13,636,109) | 12,551,476) | 9,663,640) |
| Segment Profitability Ratio | |||||
| Segment ROA1 | 14.31% | 13.54% | 11.86% | 11.68% | 14.91% |
Based on: 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31).
1 2022 Calculation
Segment ROA = 100 × Adjusted EBITDA ÷ Total assets
= 100 × 2,095,212 ÷ 14,643,324 = 14.31%
| Segment profitability ratio | Reportable segment | The company |
|---|---|---|
| Segment ROA | Natural Gas Liquids | Natural Gas Liquids segment ROA improved from 2020 to 2021 and from 2021 to 2022. |
Segment ROA: Natural Gas Pipelines
ONEOK Inc.; Natural Gas Pipelines; segment ROA calculation
| Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 | |
|---|---|---|---|---|---|
| Selected Financial Data (US$ in thousands) | |||||
| Adjusted EBITDA | 488,432) | 527,810) | 437,426) | 408,816) | 366,251) |
| Total assets | 2,253,978) | 2,143,307) | 2,100,213) | 2,094,072) | 2,131,669) |
| Segment Profitability Ratio | |||||
| Segment ROA1 | 21.67% | 24.63% | 20.83% | 19.52% | 17.18% |
Based on: 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31).
1 2022 Calculation
Segment ROA = 100 × Adjusted EBITDA ÷ Total assets
= 100 × 488,432 ÷ 2,253,978 = 21.67%
| Segment profitability ratio | Reportable segment | The company |
|---|---|---|
| Segment ROA | Natural Gas Pipelines | Natural Gas Pipelines segment ROA improved from 2020 to 2021 but then slightly deteriorated from 2021 to 2022 not reaching 2020 level. |
Segment Asset Turnover
ONEOK Inc., asset turnover by reportable segment
| Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 | |
|---|---|---|---|---|---|
| Natural Gas Gathering and Processing | 0.94 | 0.66 | 0.28 | 0.35 | 0.50 |
| Natural Gas Liquids | 1.30 | 0.99 | 0.52 | 0.68 | 1.13 |
| Natural Gas Pipelines | 0.26 | 0.28 | 0.23 | 0.23 | 0.20 |
Based on: 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31).
| Segment activity ratio | Reportable segment | The company |
|---|---|---|
| Segment asset turnover | Natural Gas Gathering and Processing | Natural Gas Gathering and Processing segment asset turnover ratio improved from 2020 to 2021 and from 2021 to 2022. |
| Natural Gas Liquids | Natural Gas Liquids segment asset turnover ratio improved from 2020 to 2021 and from 2021 to 2022. | |
| Natural Gas Pipelines | Natural Gas Pipelines segment asset turnover ratio improved from 2020 to 2021 but then slightly deteriorated from 2021 to 2022. |
Segment Asset Turnover: Natural Gas Gathering and Processing
ONEOK Inc.; Natural Gas Gathering and Processing; segment asset turnover calculation
| Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 | |
|---|---|---|---|---|---|
| Selected Financial Data (US$ in thousands) | |||||
| Revenues | 6,533,492) | 4,461,539) | 1,820,121) | 2,368,639) | 3,034,577) |
| Total assets | 6,979,816) | 6,768,955) | 6,499,908) | 6,795,744) | 6,078,473) |
| Segment Activity Ratio | |||||
| Segment asset turnover1 | 0.94 | 0.66 | 0.28 | 0.35 | 0.50 |
Based on: 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31).
1 2022 Calculation
Segment asset turnover = Revenues ÷ Total assets
= 6,533,492 ÷ 6,979,816 = 0.94
| Segment activity ratio | Reportable segment | The company |
|---|---|---|
| Segment asset turnover | Natural Gas Gathering and Processing | Natural Gas Gathering and Processing segment asset turnover ratio improved from 2020 to 2021 and from 2021 to 2022. |
Segment Asset Turnover: Natural Gas Liquids
ONEOK Inc.; Natural Gas Liquids; segment asset turnover calculation
| Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 | |
|---|---|---|---|---|---|
| Selected Financial Data (US$ in thousands) | |||||
| Revenues | 19,066,822) | 14,391,873) | 7,090,013) | 8,532,516) | 10,934,578) |
| Total assets | 14,643,324) | 14,502,372) | 13,636,109) | 12,551,476) | 9,663,640) |
| Segment Activity Ratio | |||||
| Segment asset turnover1 | 1.30 | 0.99 | 0.52 | 0.68 | 1.13 |
Based on: 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31).
1 2022 Calculation
Segment asset turnover = Revenues ÷ Total assets
= 19,066,822 ÷ 14,643,324 = 1.30
| Segment activity ratio | Reportable segment | The company |
|---|---|---|
| Segment asset turnover | Natural Gas Liquids | Natural Gas Liquids segment asset turnover ratio improved from 2020 to 2021 and from 2021 to 2022. |
Segment Asset Turnover: Natural Gas Pipelines
ONEOK Inc.; Natural Gas Pipelines; segment asset turnover calculation
| Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 | |
|---|---|---|---|---|---|
| Selected Financial Data (US$ in thousands) | |||||
| Revenues | 578,542) | 606,903) | 479,982) | 471,987) | 431,735) |
| Total assets | 2,253,978) | 2,143,307) | 2,100,213) | 2,094,072) | 2,131,669) |
| Segment Activity Ratio | |||||
| Segment asset turnover1 | 0.26 | 0.28 | 0.23 | 0.23 | 0.20 |
Based on: 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31).
1 2022 Calculation
Segment asset turnover = Revenues ÷ Total assets
= 578,542 ÷ 2,253,978 = 0.26
| Segment activity ratio | Reportable segment | The company |
|---|---|---|
| Segment asset turnover | Natural Gas Pipelines | Natural Gas Pipelines segment asset turnover ratio improved from 2020 to 2021 but then slightly deteriorated from 2021 to 2022. |
Segment Capital Expenditures to Depreciation
ONEOK Inc., capital expenditures to depreciation by reportable segment
| Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 | |
|---|---|---|---|---|---|
| Natural Gas Gathering and Processing | 1.73 | 1.06 | 1.81 | 4.22 | 3.54 |
| Natural Gas Liquids | 1.92 | 1.03 | 6.09 | 14.26 | 7.51 |
| Natural Gas Pipelines | 1.99 | 1.58 | 1.29 | 1.73 | 2.16 |
Based on: 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31).
| Segment financial ratio | Reportable segment | The company |
|---|---|---|
| Segment capital expenditures to depreciation | Natural Gas Gathering and Processing | Natural Gas Gathering and Processing segment capital expenditures to depreciation ratio deteriorated from 2020 to 2021 but then improved from 2021 to 2022 not reaching 2020 level. |
| Natural Gas Liquids | Natural Gas Liquids segment capital expenditures to depreciation ratio deteriorated from 2020 to 2021 but then slightly improved from 2021 to 2022. | |
| Natural Gas Pipelines | Natural Gas Pipelines segment capital expenditures to depreciation ratio improved from 2020 to 2021 and from 2021 to 2022. |
Segment Capital Expenditures to Depreciation: Natural Gas Gathering and Processing
ONEOK Inc.; Natural Gas Gathering and Processing; segment capital expenditures to depreciation calculation
| Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 | |
|---|---|---|---|---|---|
| Selected Financial Data (US$ in thousands) | |||||
| Capital expenditures | 444,851) | 275,165) | 446,142) | 926,489) | 694,611) |
| Depreciation and amortization | 257,311) | 260,011) | 247,010) | 219,519) | 196,090) |
| Segment Financial Ratio | |||||
| Segment capital expenditures to depreciation1 | 1.73 | 1.06 | 1.81 | 4.22 | 3.54 |
Based on: 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31).
1 2022 Calculation
Segment capital expenditures to depreciation = Capital expenditures ÷ Depreciation and amortization
= 444,851 ÷ 257,311 = 1.73
| Segment financial ratio | Reportable segment | The company |
|---|---|---|
| Segment capital expenditures to depreciation | Natural Gas Gathering and Processing | Natural Gas Gathering and Processing segment capital expenditures to depreciation ratio deteriorated from 2020 to 2021 but then improved from 2021 to 2022 not reaching 2020 level. |
Segment Capital Expenditures to Depreciation: Natural Gas Liquids
ONEOK Inc.; Natural Gas Liquids; segment capital expenditures to depreciation calculation
| Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 | |
|---|---|---|---|---|---|
| Selected Financial Data (US$ in thousands) | |||||
| Capital expenditures | 580,837) | 306,949) | 1,655,759) | 2,796,604) | 1,306,341) |
| Depreciation and amortization | 302,331) | 298,937) | 271,900) | 196,132) | 174,007) |
| Segment Financial Ratio | |||||
| Segment capital expenditures to depreciation1 | 1.92 | 1.03 | 6.09 | 14.26 | 7.51 |
Based on: 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31).
1 2022 Calculation
Segment capital expenditures to depreciation = Capital expenditures ÷ Depreciation and amortization
= 580,837 ÷ 302,331 = 1.92
| Segment financial ratio | Reportable segment | The company |
|---|---|---|
| Segment capital expenditures to depreciation | Natural Gas Liquids | Natural Gas Liquids segment capital expenditures to depreciation ratio deteriorated from 2020 to 2021 but then slightly improved from 2021 to 2022. |
Segment Capital Expenditures to Depreciation: Natural Gas Pipelines
ONEOK Inc.; Natural Gas Pipelines; segment capital expenditures to depreciation calculation
| Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 | |
|---|---|---|---|---|---|
| Selected Financial Data (US$ in thousands) | |||||
| Capital expenditures | 123,443) | 92,617) | 71,918) | 99,221) | 119,185) |
| Depreciation and amortization | 62,129) | 58,702) | 55,739) | 57,250) | 55,118) |
| Segment Financial Ratio | |||||
| Segment capital expenditures to depreciation1 | 1.99 | 1.58 | 1.29 | 1.73 | 2.16 |
Based on: 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31).
1 2022 Calculation
Segment capital expenditures to depreciation = Capital expenditures ÷ Depreciation and amortization
= 123,443 ÷ 62,129 = 1.99
| Segment financial ratio | Reportable segment | The company |
|---|---|---|
| Segment capital expenditures to depreciation | Natural Gas Pipelines | Natural Gas Pipelines segment capital expenditures to depreciation ratio improved from 2020 to 2021 and from 2021 to 2022. |
Revenues
ONEOK Inc., revenues by reportable segment
US$ in thousands
| Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 | |
|---|---|---|---|---|---|
| Natural Gas Gathering and Processing | 6,533,492) | 4,461,539) | 1,820,121) | 2,368,639) | 3,034,577) |
| Natural Gas Liquids | 19,066,822) | 14,391,873) | 7,090,013) | 8,532,516) | 10,934,578) |
| Natural Gas Pipelines | 578,542) | 606,903) | 479,982) | 471,987) | 431,735) |
| Total Segments | 26,178,856) | 19,460,315) | 9,390,116) | 11,373,142) | 14,400,890) |
Based on: 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31).
Adjusted EBITDA
ONEOK Inc., adjusted ebitda by reportable segment
US$ in thousands
| Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 | |
|---|---|---|---|---|---|
| Natural Gas Gathering and Processing | 1,036,633) | 889,127) | 650,036) | 702,650) | 631,607) |
| Natural Gas Liquids | 2,095,212) | 1,963,639) | 1,617,241) | 1,465,765) | 1,440,605) |
| Natural Gas Pipelines | 488,432) | 527,810) | 437,426) | 408,816) | 366,251) |
| Total Segments | 3,620,277) | 3,380,576) | 2,704,703) | 2,577,231) | 2,438,463) |
Based on: 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31).
Depreciation and amortization
ONEOK Inc., depreciation and amortization by reportable segment
US$ in thousands
| Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 | |
|---|---|---|---|---|---|
| Natural Gas Gathering and Processing | 257,311) | 260,011) | 247,010) | 219,519) | 196,090) |
| Natural Gas Liquids | 302,331) | 298,937) | 271,900) | 196,132) | 174,007) |
| Natural Gas Pipelines | 62,129) | 58,702) | 55,739) | 57,250) | 55,118) |
| Total Segments | 621,771) | 617,650) | 574,649) | 472,901) | 425,215) |
Based on: 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31).
Total assets
ONEOK Inc., total assets by reportable segment
US$ in thousands
| Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 | |
|---|---|---|---|---|---|
| Natural Gas Gathering and Processing | 6,979,816) | 6,768,955) | 6,499,908) | 6,795,744) | 6,078,473) |
| Natural Gas Liquids | 14,643,324) | 14,502,372) | 13,636,109) | 12,551,476) | 9,663,640) |
| Natural Gas Pipelines | 2,253,978) | 2,143,307) | 2,100,213) | 2,094,072) | 2,131,669) |
| Total Segments | 23,877,118) | 23,414,634) | 22,236,230) | 21,441,292) | 17,873,782) |
Based on: 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31).
Capital expenditures
ONEOK Inc., capital expenditures by reportable segment
US$ in thousands
| Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 | |
|---|---|---|---|---|---|
| Natural Gas Gathering and Processing | 444,851) | 275,165) | 446,142) | 926,489) | 694,611) |
| Natural Gas Liquids | 580,837) | 306,949) | 1,655,759) | 2,796,604) | 1,306,341) |
| Natural Gas Pipelines | 123,443) | 92,617) | 71,918) | 99,221) | 119,185) |
| Total Segments | 1,149,131) | 674,731) | 2,173,819) | 3,822,314) | 2,120,137) |
Based on: 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31).