Business Segments · CapEx

Natural Gas Liquids — CapEx

Oneok Natural Gas Liquids — CapEx increased by 32.5% to $310.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 81.3%, from $171.00M to $310.00M. Over 4 years (FY 2021 to FY 2025), Natural Gas Liquids — CapEx shows an upward trend with a 25.4% CAGR.

Analysis

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

How to read this metric

An increase typically signals growth initiatives or major maintenance projects, while a decrease may indicate a shift toward capital discipline or the completion of major expansion phases.

Detailed definition

This metric represents the total cash outflows for the acquisition, construction, or improvement of physical assets spec...

Peer comparison

Peers in the midstream energy sector report similar segment-specific capital expenditures to track infrastructure investment intensity and growth project pipelines.

Metric ID: oke_segment_natural_gas_liquids_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$76.75M$76.75M$76.75M$145.25M$145.25M$145.25M$145.25M$137.00M$169.00M$189.00M$323.00M$253.00M$285.00M$247.00M$202.00M$171.00M$135.00M$218.00M$234.00M$310.00M
QoQ Change+0.0%+0.0%+89.3%+0.0%+0.0%+0.0%-5.7%+23.4%+11.8%+70.9%-21.7%+12.6%-13.3%-18.2%-15.3%-21.1%+61.5%+7.3%+32.5%
YoY Change+89.3%+89.3%+89.3%-5.7%+16.4%+30.1%+122.4%+84.7%+68.6%+30.7%-37.5%-32.4%-52.6%-11.7%+15.8%+81.3%
Range$76.75M$323.00M
CAGR+34.2%
Avg YoY Growth+36.1%
Median YoY Growth+30.4%
Current Streak3 quarters growth

Frequently Asked Questions

What is Oneok's natural gas liquids — capex?
Oneok (OKE) reported natural gas liquids — capex of $310.00M in Q1 2026.
How has Oneok's natural gas liquids — capex changed year-over-year?
Oneok's natural gas liquids — capex increased by 81.3% year-over-year, from $171.00M to $310.00M.
What is the long-term trend for Oneok's natural gas liquids — capex?
Over 4 years (2021 to 2025), Oneok's natural gas liquids — capex has grown at a 25.4% compound annual growth rate (CAGR), from $307.00M to $758.00M.
What does natural gas liquids — capex mean?
The amount of money spent on building or upgrading infrastructure specifically for the Natural Gas Liquids business segment.