Business Segments · Cost of Revenue

Natural Gas Gathering and Processing — Cost of Revenue

Oneok Natural Gas Gathering and Processing — Cost of Revenue increased by 24.2% to $1.29B in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 11.2%, from $1.46B to $1.29B. Over 4 years (FY 2021 to FY 2025), Natural Gas Gathering and Processing — Cost of Revenue shows an upward trend with a 9.4% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.

Analysis

StatementSegment
CategoryProfitability
SignalLower is better
VolatilityVolatile
First reportedQ1 2013
Last reportedQ1 2026

How to read this metric

An increase relative to revenue may signal rising commodity input costs or margin compression, while a decrease suggests improved operational efficiency or lower input prices.

Detailed definition

Includes the direct costs associated with the natural gas gathering and processing segment, such as the purchase of natu...

Peer comparison

Standard cost of goods sold or cost of revenue metric for midstream energy segments.

Metric ID: oke_segment_natural_gas_gathering_and_processing_cost_of_revenue

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$550.49M$913.93M$1.21B$1.29B$1.40B$1.46B$968.69M$875.00M$385.00M$527.00M$577.00M$594.00M$421.00M$464.00M$1.12B$1.46B$1.08B$1.04B$1.04B$1.29B
QoQ Change+66.0%+32.0%+6.8%+8.5%+4.4%-33.7%-9.7%-56.0%+36.9%+9.5%+2.9%-29.1%+10.2%+141.6%+29.9%-25.7%-4.1%+0.3%+24.2%
YoY Change+154.1%+59.8%-19.7%-32.1%-72.5%-63.9%-40.4%-32.1%+9.4%-12.0%+94.3%+145.1%+157.0%+123.7%-7.1%-11.2%
Range$385.00M$1.46B
CAGR+19.7%
Avg YoY Growth+28.3%
Median YoY Growth-9.2%
Current Streak2 quarters growth

Frequently Asked Questions

What is Oneok's natural gas gathering and processing — cost of revenue?
Oneok (OKE) reported natural gas gathering and processing — cost of revenue of $1.29B in Q1 2026.
How has Oneok's natural gas gathering and processing — cost of revenue changed year-over-year?
Oneok's natural gas gathering and processing — cost of revenue decreased by 11.2% year-over-year, from $1.46B to $1.29B.
What is the long-term trend for Oneok's natural gas gathering and processing — cost of revenue?
Over 4 years (2021 to 2025), Oneok's natural gas gathering and processing — cost of revenue has grown at a 9.4% compound annual growth rate (CAGR), from $3.23B to $4.62B.
What does natural gas gathering and processing — cost of revenue mean?
The direct costs incurred to generate revenue within the gathering and processing segment.