Oneok Natural Gas Pipelines — Direct Operating Costs decreased by 6.3% to $60.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 15.4%, from $52.00M to $60.00M. Over 4 years (FY 2021 to FY 2025), Natural Gas Pipelines — Direct Operating Costs shows an upward trend with a 7.9% CAGR. This is a positive signal — lower values indicate better performance for this metric.
Rising costs may indicate aging infrastructure or increased regulatory compliance requirements.
Reflects the recurring expenses required to operate and maintain the physical pipeline infrastructure, including labor,...
Comparable to operating and maintenance (O&M) expenses at other pipeline operators.
oke_segment_natural_gas_pipelines_direct_operating_costs| 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 | $38.51M | $41.02M | $48.41M | $41.21M | $41.20M | $43.82M | $55.05M | $45.00M | $49.00M | $51.00M | $57.00M | $53.00M | $52.00M | $52.00M | $76.00M | $52.00M | $56.00M | $59.00M | $64.00M | $60.00M |
| QoQ Change | — | +6.5% | +18.0% | -14.9% | -0.0% | +6.4% | +25.6% | -18.3% | +8.9% | +4.1% | +11.8% | -7.0% | -1.9% | +0.0% | +46.2% | -31.6% | +7.7% | +5.4% | +8.5% | -6.3% |
| YoY Change | — | — | — | — | +7.0% | +6.8% | +13.7% | +9.2% | +18.9% | +16.4% | +3.5% | +17.8% | +6.1% | +2.0% | +33.3% | -1.9% | +7.7% | +13.5% | -15.8% | +15.4% |