Discontinued — last reported Q2 '23
Business Segments · Direct Operating Costs
Total Segments — Direct Operating Costs
Oneok Total Segments — Direct Operating Costs increased by 7.6% to $325.00M in Q2 2023 compared to the prior quarter. Year-over-year, this metric grew by 15.4%, from $281.71M to $325.00M. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
StatementSegment
CategoryEfficiency
SignalLower is better
VolatilityStable
First reportedQ1 2014
Last reportedQ2 2023
How to read this metric
Rising costs may indicate aging infrastructure or inflationary pressure, while stable or declining costs suggest operational efficiency.
Detailed definition
These are the recurring expenses required to maintain and operate the company's physical assets and infrastructure. This...
Peer comparison
Comparable to operating and maintenance (O&M) expenses at peer midstream energy firms.
Metric ID:
oke_segment_total_segments_direct_operating_costsHistorical Data
9 periods
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | |
|---|---|---|---|---|---|---|---|---|---|
| Value | $253.77M | $265.04M | $295.64M | $263.78M | $281.71M | $286.61M | $328.19M | $302.00M | $325.00M |
| QoQ Change | — | +4.4% | +11.5% | -10.8% | +6.8% | +1.7% | +14.5% | -8.0% | +7.6% |
| YoY Change | — | — | — | — | +11.0% | +8.1% | +11.0% | +14.5% | +15.4% |
Range$253.77M – $328.19M
CAGR+13.2%
Avg YoY Growth+12.0%
Median YoY Growth+11.0%
Similar Metrics at Other Companies
Frequently Asked Questions
- What is Oneok's total segments — direct operating costs?
- Oneok (OKE) reported total segments — direct operating costs of $325.00M in Q2 2023.
- How has Oneok's total segments — direct operating costs changed year-over-year?
- Oneok's total segments — direct operating costs increased by 15.4% year-over-year, from $281.71M to $325.00M.
- What does total segments — direct operating costs mean?
- The ongoing expenses required to run the company's daily operations.