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Oneok OKE Natural Gas Pipelines — D&A

Other segment segments

Natural Gas Gathering and Processing
$135M+7.1%
Refined Products and Crude Oil
$109M-6.0%
Natural Gas Liquids
$107M-5.3%

Similar metrics at other companies

Empire Petroleum logo
EPNatural Gas Pipelines — Depreciation, depletion, and amortization
$297M+3.5%
Essential Utilities logo
WTRGNatural Gas — D&A
$40.58M+5.8%
MDU Resources Group logo
MDUNatural gas distribution — D&A
$26.33M+0.8%
MPLX logo
MPLXNatural Gas & NGL Services — D&A
$215M+11.4%
Duke Energy logo
DUKGas Utilitiesand Infrastructure — D&A
$112M+16.7%
MDU Resources Group logo
MDUPipeline — D&A
$8.22M+3.3%

Other financials

Income statement

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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

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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

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

Valuation

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

Profitability

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

Returns & leverage

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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:DepreciationDepletionAndAmortization.

The official record: Oneok’s 10-Q, filed April 29, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Oneok's natural gas pipelines — D&A?
Oneok (OKE) reported natural gas pipelines — D&A of $25M in Q1 2026.
How has Oneok's natural gas pipelines — D&A changed year-over-year?
Oneok's natural gas pipelines — D&A increased by 8.7% year-over-year, from $23M to $25M.
What is the long-term trend for Oneok's natural gas pipelines — D&A?
Over 3 years (2022 to 2025), Oneok's natural gas pipelines — D&A has grown at a 16.5% compound annual growth rate (CAGR), from $62M to $98M.
What does natural gas pipelines — D&A mean?
Represents the systematic allocation of the cost of tangible and intangible pipeline assets over their useful lives. This non-cash expense reflects the capital-intensive nature of the pipeline business and the ongoing consumption of infrastructure value.