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Oneok OKE Commodity sales — Total revenues (Note J)

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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$56.4B+9.6%
Enterprise value$88.64B+9.0%
P/E16×-1.0×
P/S1.6×-0.5×

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:RevenueFromContractWithCustomerExcludingAssessedTax.

The official record: Oneok’s 10-Q, filed April 29, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Oneok's commodity sales — total revenues (note j)?
Oneok (OKE) reported commodity sales — total revenues (note j) of $8.45B in Q1 2026.
How has Oneok's commodity sales — total revenues (note j) changed year-over-year?
Oneok's commodity sales — total revenues (note j) increased by 22.2% year-over-year, from $6.91B to $8.45B.
What is the long-term trend for Oneok's commodity sales — total revenues (note j)?
Over 4 years (2021 to 2025), Oneok's commodity sales — total revenues (note j) has grown at a 17.4% compound annual growth rate (CAGR), from $15.18B to $28.88B.
What does commodity sales — total revenues (note j) mean?
This metric represents the total gross revenue generated from the direct sale of natural gas, natural gas liquids, and other related energy commodities. It reflects the company's activity in marketing and trading these products to third-party customers, excluding service-based fee revenues. This figure is a key indicator of the scale of the company's commodity marketing operations and its exposure to fluctuations in energy market prices.