Business Segments · CapEx

Natural Gas Gathering and Processing — CapEx

Oneok Natural Gas Gathering and Processing — CapEx decreased by 26.3% to $317.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 31.5%, from $241.00M to $317.00M. Over 4 years (FY 2021 to FY 2025), Natural Gas Gathering and Processing — CapEx shows an upward trend with a 47.8% CAGR.

Analysis

StatementSegment
CategoryCapital Allocation
SignalContext dependent
VolatilityModerate
First reportedQ1 2021
Last reportedQ1 2026

How to read this metric

An increase typically signals aggressive expansion or significant maintenance requirements to support future volume growth, while a decrease may indicate a shift toward capital discipline or the completion of major infrastructure projects.

Detailed definition

This metric represents the total cash outflows for capital investments specifically allocated to the natural gas gatheri...

Peer comparison

Peers in the midstream energy sector report similar segment-specific capital expenditures, often categorized as growth or maintenance capex, allowing for benchmarking of infrastructure investment intensity relative to throughput capacity.

Metric ID: oke_segment_natural_gas_gathering_and_processing_capital_expenditures

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$68.75M$68.75M$68.75M$111.25M$111.25M$111.25M$111.25M$98.00M$84.00M$126.00M$140.00M$116.00M$101.00M$102.00M$173.00M$241.00M$341.00M$302.00M$430.00M$317.00M
QoQ Change+0.0%+0.0%+61.8%+0.0%+0.0%+0.0%-11.9%-14.3%+50.0%+11.1%-17.1%-12.9%+1.0%+69.6%+39.3%+41.5%-11.4%+42.4%-26.3%
YoY Change+61.8%+61.8%+61.8%-11.9%-24.5%+13.3%+25.8%+18.4%+20.2%-19.0%+23.6%+107.8%+237.6%+196.1%+148.6%+31.5%
Range$68.75M$430.00M
CAGR+38.0%
Avg YoY Growth+59.6%
Median YoY Growth+28.7%

Frequently Asked Questions

What is Oneok's natural gas gathering and processing — capex?
Oneok (OKE) reported natural gas gathering and processing — capex of $317.00M in Q1 2026.
How has Oneok's natural gas gathering and processing — capex changed year-over-year?
Oneok's natural gas gathering and processing — capex increased by 31.5% year-over-year, from $241.00M to $317.00M.
What is the long-term trend for Oneok's natural gas gathering and processing — capex?
Over 4 years (2021 to 2025), Oneok's natural gas gathering and processing — capex has grown at a 47.8% compound annual growth rate (CAGR), from $275.00M to $1.31B.
What does natural gas gathering and processing — capex mean?
The amount of money invested in infrastructure projects specifically for the natural gas gathering and processing business segment.