Natural Gas Pipelines — CapEx
Oneok Natural Gas Pipelines — CapEx decreased by 32.4% to $46.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 25.8%, from $62.00M to $46.00M. Over 4 years (FY 2021 to FY 2025), Natural Gas Pipelines — CapEx shows an upward trend with a 26.3% CAGR.
Analysis
How to read this metric
An increase typically signals aggressive investment in infrastructure expansion or major maintenance projects, while a decrease may indicate a shift toward capital discipline or the completion of large-scale construction cycles.
Detailed definition
This metric represents the total cash outflows dedicated to the acquisition, construction, and maintenance of long-lived...
Peer comparison
Peers in the midstream energy sector report similar metrics as 'Growth Capital' or 'Maintenance Capital' expenditures, which are evaluated based on their ability to generate future fee-based cash flows.
oke_segment_natural_gas_pipelines_capital_expendituresHistorical Data
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $23.25M | $23.25M | $23.25M | $30.75M | $30.75M | $30.75M | $30.75M | $46.00M | $39.00M | $70.00M | $73.00M | $79.00M | $52.00M | $56.00M | $71.00M | $62.00M | $52.00M | $55.00M | $68.00M | $46.00M |
| QoQ Change | — | +0.0% | +0.0% | +32.3% | +0.0% | +0.0% | +0.0% | +49.6% | -15.2% | +79.5% | +4.3% | +8.2% | -34.2% | +7.7% | +26.8% | -12.7% | -16.1% | +5.8% | +23.6% | -32.4% |
| YoY Change | — | — | — | — | +32.3% | +32.3% | +32.3% | +49.6% | +26.8% | +127.6% | +137.4% | +71.7% | +33.3% | -20.0% | -2.7% | -21.5% | +0.0% | -1.8% | -4.2% | -25.8% |
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Frequently Asked Questions
- What is Oneok's natural gas pipelines — capex?
- Oneok (OKE) reported natural gas pipelines — capex of $46.00M in Q1 2026.
- How has Oneok's natural gas pipelines — capex changed year-over-year?
- Oneok's natural gas pipelines — capex decreased by 25.8% year-over-year, from $62.00M to $46.00M.
- What is the long-term trend for Oneok's natural gas pipelines — capex?
- Over 4 years (2021 to 2025), Oneok's natural gas pipelines — capex has grown at a 26.3% compound annual growth rate (CAGR), from $93.00M to $237.00M.
- What does natural gas pipelines — capex mean?
- The total amount of money spent on building, upgrading, and maintaining natural gas pipeline infrastructure.