Oneok Services and other — Total revenues (Note J) decreased by 5.5% to $1.17B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 3.7%, from $1.13B to $1.17B. Over 4 years (FY 2021 to FY 2025), Services and other — Total revenues (Note J) shows an upward trend with a 36.7% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
An increase suggests higher demand for midstream logistics, storage, or marketing services, potentially driven by favorable market spreads or increased third-party utilization of company assets. A decrease may indicate reduced market volatility or lower demand for non-core service offerings.
This metric represents the total revenue generated from the 'Services and other' business segment, which typically encom...
Peers in the midstream energy sector often report similar non-core revenue streams under 'marketing and storage' or 'other services' segments, which are typically evaluated based on their contribution to fee-based stability versus commodity-linked upside.
oke_segment_services_and_other_total_revenues_note_j| 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 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $314.19M | $331.38M | $355.90M | $339.40M | $345.92M | $350.00M | $376.12M | $365.00M | $361.00M | $429.00M | $908.00M | $853.00M | $900.00M | $940.00M | $1.23B | $1.13B | $1.16B | $1.22B | $1.24B | $1.17B |
| QoQ Change | — | +5.5% | +7.4% | -4.6% | +1.9% | +1.2% | +7.5% | -3.0% | -1.1% | +18.8% | +111.7% | -6.1% | +5.5% | +4.4% | +30.3% | -7.7% | +2.7% | +4.9% | +1.9% | -5.5% |
| YoY Change | — | — | — | — | +10.1% | +5.6% | +5.7% | +7.5% | +4.4% | +22.6% | +141.4% | +133.7% | +149.3% | +119.1% | +34.9% | +32.6% | +29.0% | +29.6% | +1.3% | +3.7% |