Business Segments · Segment adjusted EBITDA

Natural Gas Liquids — Segment adjusted EBITDA

Oneok Natural Gas Liquids — Segment adjusted EBITDA decreased by 2.4% to $706.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 11.2%, from $635.00M to $706.00M. Over 4 years (FY 2021 to FY 2025), Natural Gas Liquids — Segment adjusted EBITDA shows an upward trend with a 9.1% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.

Analysis

StatementSegment
CategoryProfitability
SignalHigher is better
VolatilityModerate
First reportedQ1 2014
Last reportedQ1 2026

How to read this metric

An increase indicates growing profitability and operational success, while a decrease signals operational challenges or market headwinds.

Detailed definition

This is the primary performance metric for the Natural Gas Liquids segment, representing earnings before interest, taxes...

Peer comparison

The standard 'Segment Adjusted EBITDA' metric used across the energy and midstream industry.

Metric ID: oke_segment_natural_gas_liquids_segment_adjusted_ebitda

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$480.29M$532.16M$515.56M$527.61M$517.38M$484.84M$565.38M$1.28B$530.00M$614.00M$620.00M$588.00M$635.00M$624.00M$696.00M$635.00M$673.00M$748.00M$723.00M$706.00M
QoQ Change+10.8%-3.1%+2.3%-1.9%-6.3%+16.6%+126.6%-58.6%+15.8%+1.0%-5.2%+8.0%-1.7%+11.5%-8.8%+6.0%+11.1%-3.3%-2.4%
YoY Change+7.7%-8.9%+9.7%+142.8%+2.4%+26.6%+9.7%-54.1%+19.8%+1.6%+12.3%+8.0%+6.0%+19.9%+3.9%+11.2%
Range$480.29M$1.28B
CAGR+8.4%
Avg YoY Growth+13.7%
Median YoY Growth+8.8%
Current Streak2 quarters decline

Frequently Asked Questions

What is Oneok's natural gas liquids — segment adjusted ebitda?
Oneok (OKE) reported natural gas liquids — segment adjusted ebitda of $706.00M in Q1 2026.
How has Oneok's natural gas liquids — segment adjusted ebitda changed year-over-year?
Oneok's natural gas liquids — segment adjusted ebitda increased by 11.2% year-over-year, from $635.00M to $706.00M.
What is the long-term trend for Oneok's natural gas liquids — segment adjusted ebitda?
Over 4 years (2021 to 2025), Oneok's natural gas liquids — segment adjusted ebitda has grown at a 9.1% compound annual growth rate (CAGR), from $1.96B to $2.78B.
What does natural gas liquids — segment adjusted ebitda mean?
The core measure of profitability for the Natural Gas Liquids segment, excluding non-cash and non-operating items.