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.
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.
This metric represents the total cash outflows for the acquisition, construction, or improvement of physical assets spec...
Peers in the midstream energy sector report similar segment-specific capital expenditures to track infrastructure investment intensity and growth project pipelines.
oke_segment_natural_gas_liquids_capital_expenditures| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '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% |