Discontinued — last reported Q3 '24
Natural Gas Pipelines — Equity Method Investments
Oneok Natural Gas Pipelines — Equity Method Investments decreased by 0.4% to $516.00M in Q3 2024 compared to the prior quarter. Year-over-year, this metric grew by 17.3%, from $440.00M to $516.00M. Over 2 years (FY 2021 to FY 2023), Natural Gas Pipelines — Equity Method Investments shows an upward trend with a 11.0% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
How to read this metric
An increase indicates stronger performance or higher profitability from the company's non-wholly owned pipeline assets, while a decrease may signal operational challenges or market headwinds within those specific joint ventures.
Detailed definition
This metric represents the company's proportional share of net earnings derived from investments in unconsolidated entit...
Peer comparison
Commonly reported as 'Equity in earnings of unconsolidated affiliates' or 'Income from equity method investments' by midstream energy peers with joint venture structures.
oke_segment_natural_gas_pipelines_equity_method_investmentsHistorical Data
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $355.87M | $353.93M | $353.95M | $355.08M | $358.55M | $361.67M | $359.37M | $349.00M | $443.00M | $440.00M | $526.00M | $522.00M | $518.00M | $516.00M |
| QoQ Change | — | -0.5% | +0.0% | +0.3% | +1.0% | +0.9% | -0.6% | -2.9% | +26.9% | -0.7% | +19.5% | -0.8% | -0.8% | -0.4% |
| YoY Change | — | — | — | — | +0.8% | +2.2% | +1.5% | -1.7% | +23.6% | +21.7% | +46.4% | +49.6% | +16.9% | +17.3% |
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Frequently Asked Questions
- What is Oneok's natural gas pipelines — equity method investments?
- Oneok (OKE) reported natural gas pipelines — equity method investments of $516.00M in Q3 2024.
- How has Oneok's natural gas pipelines — equity method investments changed year-over-year?
- Oneok's natural gas pipelines — equity method investments increased by 17.3% year-over-year, from $440.00M to $516.00M.
- What is the long-term trend for Oneok's natural gas pipelines — equity method investments?
- Over 2 years (2021 to 2023), Oneok's natural gas pipelines — equity method investments has grown at a 11.0% compound annual growth rate (CAGR), from $1.43B to $1.76B.
- What does natural gas pipelines — equity method investments mean?
- The company's share of profits from joint ventures and partnerships in the natural gas pipeline business.