Business Segments · Direct Operating Costs

Natural Gas Gathering and Processing — Direct Operating Costs

Oneok Natural Gas Gathering and Processing — Direct Operating Costs decreased by 2.4% to $245.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 4.7%, from $257.00M to $245.00M. Over 4 years (FY 2021 to FY 2025), Natural Gas Gathering and Processing — Direct Operating Costs shows an upward trend with a 28.1% CAGR. This is a positive signal — lower values indicate better performance for this metric.

Analysis

StatementSegment
CategoryEfficiency
SignalLower is better
VolatilityStable
First reportedQ1 2013
Last reportedQ1 2026

How to read this metric

Rising costs may indicate aging infrastructure requiring more maintenance or inflationary pressures, while stable or declining costs suggest effective cost management.

Detailed definition

Represents the recurring operational expenses required to run gathering and processing facilities, including labor, main...

Peer comparison

Similar to operating and maintenance (O&M) expenses reported by peer midstream operators.

Metric ID: oke_segment_natural_gas_gathering_and_processing_direct_operating_costs

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$86.43M$95.21M$101.15M$93.71M$97.47M$98.20M$113.84M$105.00M$115.00M$119.00M$128.00M$117.00M$119.00M$129.00M$238.00M$257.00M$236.00M$244.00M$251.00M$245.00M
QoQ Change+10.2%+6.2%-7.4%+4.0%+0.7%+15.9%-7.8%+9.5%+3.5%+7.6%-8.6%+1.7%+8.4%+84.5%+8.0%-8.2%+3.4%+2.9%-2.4%
YoY Change+12.8%+3.1%+12.5%+12.0%+18.0%+21.2%+12.4%+11.4%+3.5%+8.4%+85.9%+119.7%+98.3%+89.1%+5.5%-4.7%
Range$86.43M$257.00M
CAGR+24.5%
Avg YoY Growth+31.8%
Median YoY Growth+12.5%

Frequently Asked Questions

What is Oneok's natural gas gathering and processing — direct operating costs?
Oneok (OKE) reported natural gas gathering and processing — direct operating costs of $245.00M in Q1 2026.
How has Oneok's natural gas gathering and processing — direct operating costs changed year-over-year?
Oneok's natural gas gathering and processing — direct operating costs decreased by 4.7% year-over-year, from $257.00M to $245.00M.
What is the long-term trend for Oneok's natural gas gathering and processing — direct operating costs?
Over 4 years (2021 to 2025), Oneok's natural gas gathering and processing — direct operating costs has grown at a 28.1% compound annual growth rate (CAGR), from $367.39M to $988.00M.
What does natural gas gathering and processing — direct operating costs mean?
The day-to-day operating expenses required to maintain gathering and processing facilities.