ONEOK Inc
NYSE:OKE
Gross Margin
ONEOK Inc
Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.
Gross Margin Across Competitors
| Country | Company | Market Cap |
Gross Margin |
||
|---|---|---|---|---|---|
| US |
|
ONEOK Inc
NYSE:OKE
|
57.4B USD |
39%
|
|
| CA |
|
Enbridge Inc
TSX:ENB
|
138.6B CAD |
46%
|
|
| US |
|
Enterprise Products Partners LP
NYSE:EPD
|
73.8B USD |
20%
|
|
| US |
|
Williams Companies Inc
NYSE:WMB
|
72.2B USD |
80%
|
|
| US |
|
Energy Transfer LP
NYSE:ET
|
64B USD |
25%
|
|
| US |
|
Kinder Morgan Inc
NYSE:KMI
|
63B USD |
52%
|
|
| US |
|
MPLX LP
NYSE:MPLX
|
55B USD |
60%
|
|
| US |
|
Cheniere Energy Inc
NYSE:LNG
|
50.7B USD |
55%
|
|
| CA |
|
TC Energy Corp
TSX:TRP
|
71.5B CAD |
68%
|
|
| US |
|
Targa Resources Corp
NYSE:TRGP
|
43.1B USD |
35%
|
|
| US |
|
Cheniere Energy Partners LP
NYSE:CQP
|
30.9B USD |
47%
|
ONEOK Inc
Glance View
ONEOK Inc., a cornerstone in the American energy infrastructure landscape, stands as a vital conduit between natural gas production and market consumption. Established in 1906, the company has steadily evolved from being a mere supplier of natural gas to an influential player within the midstream segment of the energy industry. Based in Tulsa, Oklahoma, ONEOK has crafted a dynamic business model centered around natural gas liquids (NGLs) and natural gas gathering, processing, transportation, and storage. The company’s expansive network of pipelines traverses the heart of the United States, efficiently connecting energy-producing regions with markets in need, a logistical feat that has fortified its standing in the sector. By leveraging geographic advantages and strategic asset positioning, ONEOK ensures the seamless flow of energy products, capturing value at multiple stages in the supply chain. Revenue generation at ONEOK primarily hinges on its midstream services, which include fee-based contracts for the transportation and storage of natural gas and NGLs. This business model provides a degree of insulation against volatile commodity prices, as earnings are largely driven by volume-based fees rather than exposure to fluctuating market rates. The company’s NGL segment plays a pivotal role in driving profits, capitalizing on the integral processing and fractionation of raw materials into usable components such as ethane, propane, and butane—substances essential to the petrochemical industry and consumers alike. ONEOK's strategic investments in infrastructure have bolstered its capacity and efficiency, enabling it to serve a diverse customer base, from producers in the rich basins of the Bakken and Permian to downstream consumers requiring consistent supply. Through operational excellence and strategic foresight, ONEOK continues to enhance its shareholder value and reinforce its indispensable role in the energy ecosystem.
See Also
Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.
Based on ONEOK Inc's most recent financial statements, the company has Gross Margin of 38.7%.
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