Discontinued — last reported Q2 '23
Business Segments · Cost of Revenue
Total Segments — Cost of Revenue
Oneok Total Segments — Cost of Revenue decreased by 24.4% to $3.01B in Q2 2023 compared to the prior quarter. Year-over-year, this metric declined by 49.3%, from $5.94B to $3.01B. This is a positive signal — lower values indicate better performance for this metric.
Analysis
StatementSegment
CategoryEfficiency
SignalLower is better
VolatilityModerate
First reportedQ1 2014
Last reportedQ2 2023
Rolls up toTotal Cost of Revenue
How to read this metric
An increase relative to revenue may indicate margin compression, while a decrease suggests improved cost efficiency or lower input prices.
Detailed definition
This metric reflects the direct costs associated with the production and delivery of services or products across all bus...
Peer comparison
Commonly reported as cost of sales or cost of goods sold in the energy sector.
Metric ID:
oke_segment_total_segments_cost_of_revenueHistorical Data
9 periods
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | |
|---|---|---|---|---|---|---|---|---|---|
| Value | $2.95B | $4.29B | $5.31B | $5.39B | $5.94B | $5.78B | $4.57B | $3.98B | $3.01B |
| QoQ Change | — | +45.5% | +23.7% | +1.6% | +10.2% | -2.7% | -21.0% | -12.8% | -24.4% |
| YoY Change | — | — | — | — | +101.4% | +34.7% | -13.9% | -26.1% | -49.3% |
Range$2.95B – $5.94B
CAGR+1.0%
Avg YoY Growth+9.3%
Median YoY Growth-13.9%
Current Streak4 quarters decline
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Frequently Asked Questions
- What is Oneok's total segments — cost of revenue?
- Oneok (OKE) reported total segments — cost of revenue of $3.01B in Q2 2023.
- How has Oneok's total segments — cost of revenue changed year-over-year?
- Oneok's total segments — cost of revenue decreased by 49.3% year-over-year, from $5.94B to $3.01B.
- What does total segments — cost of revenue mean?
- The total direct costs incurred to generate the company's revenue.