Skip to content

Oneok OKE Natural Gas Liquids — Goodwill, Measurement Period Adjustment

Other segment segments

Natural Gas Gathering and Processing
$8M
Refined Products and Crude
$4M-97.6%
Natural Gas Pipelines
$2M

Similar metrics at other companies

Essential Utilities logo
WTRGNatural Gas — Goodwill
$2.28B0.0%
MPLX logo
MPLXNatural Gas & NGL Services — Goodwill, Acquired During Period
$277.5M
Knife River logo
KNFEnergy Services — Goodwill, Measurement Period Adjustment
$0
MPLX logo
MPLXNatural Gas & NGL Services — Gross goodwill
$4.25B+35.3%
Flowco Holdings Inc. logo
FLOCNatural Gas Technologies — Goodwill Acquired
$0
Suburban Propane Partners logo
SPHNatural Gas And Electricity — Goodwill Gross
$7.9M0.0%

Other financials

Income statement

See full
Revenue$9.6B+19.6%
Gross profit$2.6B+7.4%
Operating income$1.4B+17.0%
Net income$774.0M+21.7%
EPS (diluted)$1.23+18.3%

Balance sheet

See full
Cash & equivalents$172.0M+22.0%
Total debt$32.4B+8.1%
Total equity$22.4B+4.6%
Total assets$68.2B+6.1%

Cash flow

See full
Operating cash flow$934.0M+3.3%
CapEx$864.0M+37.4%
Free cash flow$70.0M-74.5%

Valuation

See full
Market cap$56.4B+9.6%
Enterprise value$88.64B+9.0%
P/E16×-1.0×
P/S1.6×-0.5×

Profitability

See full
Gross margin29.6%-6.0pp
Operating margin16.9%-3.7pp
Net margin10%-2.1pp
FCF margin6.4%-5.9pp

Returns & leverage

See full
Return on equity16.2%+0.1pp
Debt / equity1.4×0.0×
Current ratio0.7×0.0×

Where this comes from

Reported directly by Oneok in its filing.

Tagged under the XBRL concept us-gaap:GoodwillPurchaseAccountingAdjustments.

The official record: Oneok’s 10-K, filed February 24, 2026, on SEC EDGAR. View the filing →

Ask your AI about Oneok's natural gas liquids — goodwill, measurement period adjustment.

Connect your AI assistant and compare segments, right in your chat.

Connect your AI
Harbor at dusk
Claude

Questions, answered.

What is Oneok's natural gas liquids — goodwill, measurement period adjustment?
Oneok (OKE) reported natural gas liquids — goodwill, measurement period adjustment of -$11.25M in Q4 2025.
What does natural gas liquids — goodwill, measurement period adjustment mean?
Adjustments made to the initial purchase price allocation of an acquisition within the Natural Gas Liquids segment during the measurement period. These adjustments reflect new information obtained about facts and circumstances that existed as of the acquisition date.