Discontinued — last reported Q4 '21

Business Segments · Direct Operating Costs

Intersegment Elimination — Direct Operating Costs

Oneok Intersegment Elimination — Direct Operating Costs increased by 510.3% to $476.00K in Q4 2021 compared to the prior quarter.

Analysis

StatementSegment
CategoryEfficiency
SignalContext dependent
VolatilityModerate
First reportedQ1 2013
Last reportedQ4 2021

How to read this metric

An increase indicates higher levels of internal service activity or shared resource utilization between business units.

Detailed definition

This metric represents the adjustment made to remove internal operating expenses incurred between business segments to a...

Peer comparison

Most diversified energy companies report similar eliminations to reconcile segment-level operating expenses to consolidated totals.

Metric ID: oke_segment_intersegment_elimination_direct_operating_costs

Historical Data

3 periods
 Q2 '21Q3 '21Q4 '21
Value$490.00K$78.00K$476.00K
QoQ Change-84.1%+510.3%
Range$78.00K$490.00K

Frequently Asked Questions

What is Oneok's intersegment elimination — direct operating costs?
Oneok (OKE) reported intersegment elimination — direct operating costs of $476.00K in Q4 2021.
What does intersegment elimination — direct operating costs mean?
The reversal of operating costs billed between internal business segments to prevent double-counting in consolidated financial statements.