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Oneok OKE Net gains (losses) on investments

Net gains (losses) on investments at other companies

Enterprise Products Partners logo
Enterprise Products PartnersEPD
$109M+18.5%
Energy Transfer logo
Energy TransferET
$108M+2.9%
TRG
Targa ResourcesTRGP
$7.8M+52.9%
Kinder Morgan logo
Kinder MorganKMI
$225M+9.2%
HES
Hess MidstreamHESM
$6.1M+52.5%
Diversified Energy logo
Diversified EnergyDEC
$0

Segments

By segment

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Natural Gas Pipelines$54M+31.7%
Natural Gas Liquids$24M-11.1%
Refined Products and Crude Oil$7M-82.5%
Natural Gas Gathering and Processing$0-100%

Other financials

Income statement

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Revenue$9.6B+19.6%
Gross profit$2.6B+7.4%
Operating income$1.4B+17.0%
Net income$774.0M+21.7%
EPS (diluted)$1.23+18.3%

Balance sheet

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Cash & equivalents$172.0M+22.0%
Total debt$32.4B+8.1%
Total equity$22.4B+4.6%
Total assets$68.2B+6.1%

Cash flow

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Operating cash flow$934.0M+3.3%
CapEx$864.0M+37.4%
Free cash flow$70.0M-74.5%

Valuation

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Market cap$56.95B+22.8%
Enterprise value$89.19B+15.7%
P/E16.1×+1.1×
P/S1.6×0.0×

Profitability

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Gross margin29.6%-6.0pp
Operating margin16.9%-3.7pp
Net margin10%-2.1pp
FCF margin6.4%-5.9pp

Returns & leverage

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Return on equity16.2%+0.1pp
Debt / equity1.4×0.0×
Current ratio0.7×0.0×

Where this comes from

Reported directly by Oneok in its filing.

Tagged under the XBRL concept us-gaap:IncomeLossFromEquityMethodInvestments.

The source filing: Oneok’s 10-Q, filed April 29, 2026.

Filed
Apr 29, 2026, 4:17 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001039684-26-000017
ONEOK, Inc. and Subsidiaries / CONSOLIDATED STATEMENTS OF INCOME / (Unaudited)Three Months Ended / March 31, 20262025
Transaction costs742
Other operating expense (income), net6(6)
Operating income1,4281,220
Equity in net earnings from investments (Note H)89108
Impairment of equity investments (Note H)(60)
Other income, net32
Interest expense (net of capitalized interest of $27 and $10, respectively)(439)(442)
Income before income taxes1,021888

Item 1. Financial Statements (Unaudited)

FAQ

What is Oneok's net gains (losses) on investments?
Oneok (OKE) reported net gains (losses) on investments of $89M in Q1 2026.
How has Oneok's net gains (losses) on investments changed year-over-year?
Oneok's net gains (losses) on investments decreased by 17.6% year-over-year, from $108M to $89M.
What is the long-term trend for Oneok's net gains (losses) on investments?
Over 4 years (2021 to 2025), Oneok's net gains (losses) on investments has grown at a 33.4% compound annual growth rate (CAGR), from $122M to $386M.
What does net gains (losses) on investments mean?
Realized and unrealized gains/losses on investments removed from operating cash flow since they're investing-related.

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