Discontinued — last reported Q2 '23

Business Segments · Direct Operating Costs

Other and Eliminations — Direct Operating Costs

Oneok Other and Eliminations — Direct Operating Costs increased by 400.0% to $18.00M in Q2 2023 compared to the prior quarter. Year-over-year, this metric grew by 550.0%, from -$4.00M to $18.00M. This increase may warrant attention — for this metric, lower values are generally preferred.

Analysis

StatementSegment
CategoryEfficiency
SignalLower is better
VolatilityStable
First reportedQ1 2020
Last reportedQ2 2023

How to read this metric

An increase suggests rising unallocated overhead or operational inefficiencies within non-core functions.

Detailed definition

Includes direct operating expenses that are not allocated to primary business segments or are eliminated during the cons...

Peer comparison

Similar to unallocated corporate overhead found in most diversified industrial firms.

Metric ID: oke_segment_other_and_eliminations_direct_operating_costs

Historical Data

7 periods
 Q3 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23
Value$78.00K$0.00-$4.00M-$422.00K-$6.16M-$6.00M$18.00M
QoQ Change-100.0%+89.5%<-999%+2.6%+400.0%
YoY Change-641.0%+550.0%
Range-$6.16M$18.00M
CAGR>999%
Avg YoY Growth-45.5%
Median YoY Growth-45.5%
Current Streak2 quarters growth

Frequently Asked Questions

What is Oneok's other and eliminations — direct operating costs?
Oneok (OKE) reported other and eliminations — direct operating costs of $18.00M in Q2 2023.
How has Oneok's other and eliminations — direct operating costs changed year-over-year?
Oneok's other and eliminations — direct operating costs increased by 550.0% year-over-year, from -$4.00M to $18.00M.
What does other and eliminations — direct operating costs mean?
Direct operating expenses not assigned to specific segments or removed during consolidation.