Business Segments · Direct Operating Costs

Natural Gas Pipelines — Direct Operating Costs

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.

Analysis

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

How to read this metric

Rising costs may indicate aging infrastructure or increased regulatory compliance requirements.

Detailed definition

Reflects the recurring expenses required to operate and maintain the physical pipeline infrastructure, including labor,...

Peer comparison

Comparable to operating and maintenance (O&M) expenses at other pipeline operators.

Metric ID: oke_segment_natural_gas_pipelines_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$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%
Range$38.51M$76.00M
CAGR+9.8%
Avg YoY Growth+9.6%
Median YoY Growth+8.4%

Frequently Asked Questions

What is Oneok's natural gas pipelines — direct operating costs?
Oneok (OKE) reported natural gas pipelines — direct operating costs of $60.00M in Q1 2026.
How has Oneok's natural gas pipelines — direct operating costs changed year-over-year?
Oneok's natural gas pipelines — direct operating costs increased by 15.4% year-over-year, from $52.00M to $60.00M.
What is the long-term trend for Oneok's natural gas pipelines — direct operating costs?
Over 4 years (2021 to 2025), Oneok's natural gas pipelines — direct operating costs has grown at a 7.9% compound annual growth rate (CAGR), from $170.26M to $231.00M.
What does natural gas pipelines — direct operating costs mean?
Routine expenses for maintaining and operating pipeline infrastructure.