"Our growth strategy is intentional and disciplined.”
- Pierce H. Norton II, ONEOK president and CEO
Our Growth Journey
Since September 2023, ONEOK has embarked on a transformative journey of growth, closing nearly $25 billion in acquisitions that have strengthened our position as an energy industry leader by adding new growth platforms in crude oil and refined products to our stable and reliable natural gas and natural gas liquids (NGL) businesses.
The successful acquisition of Magellan Midstream Partners in September 2023 diversified the company’s assets, adding a refined products and crude business to ONEOK’s portfolio. In 2024, acquisitions of a Gulf Coast NGL pipeline system from Easton Energy, Medallion Midstream and the controlling interest in EnLink Midstream followed. These acquisitions expanded and extended our integrated position in some of the most prolific basins in the U.S. – including the Permian Basin – with connectivity to critical energy demand hubs across the country like the Texas and Louisiana Gulf Coast.
Since 1906, ONEOK has delivered energy products and services vital to an advancing world. We are a leading diversified energy infrastructure company that provides gathering, processing, fractionation, transportation and storage services. Through our more than 50,000-mile pipeline network – and access to nearly 50% of the nation’s refining capacity – we transport the natural gas, NGLs, refined products and crude oil that help meet domestic and international energy demand, contribute to energy security and make a difference in our everyday quality of life.
We are proud of our role in providing today's essential products and services and believe our expertise will be important in meeting future demands as well as the energy transformation taking place. Global energy demand is growing, and as a leading midstream energy services provider, we expect to help meet this growth in demand.
At ONEOK, we have a demonstrated track record of providing safe, reliable and environmentally responsible energy solutions and are actively working toward our commitment to lower emissions. We are confident in our innovative workforce and the projects and investment opportunities they will bring forward to continue our progress. Learn more in our Corporate Sustainability Report.
Our strong business fundamentals and operating philosophies are anchored by our Core Values as we work to deliver on our Vision to create exceptional value for our stakeholders.
We uphold high standards in all we do - maintaining safe, reliable and sustainable operations, investing in the communities where we live and work, fostering inclusion, embracing diversity, acting with integrity and innovating for the future.
For more than a century, ONEOK has delivered vital energy products to meet the needs of communities across the country. We’re proud of our history and the difference we will continue to make today and tomorrow.
We are proud of our role in providing today's essential products and services and believe our expertise will be important in meeting future demands as well as the energy transformation taking place. Global energy demand is growing, and as a leading midstream energy services provider, we expect to help meet this growth in demand.
At ONEOK, we have a demonstrated track record of providing safe, reliable and environmentally responsible energy solutions and are actively working toward our commitment to lower emissions. We are confident in our innovative workforce and the projects and investment opportunities they will bring forward to continue our progress. Learn more in our Corporate Sustainability Report.
Our strong business fundamentals and operating philosophies are anchored by our Core Values as we work to deliver on our Vision to create exceptional value for our stakeholders.
We uphold high standards in all we do - maintaining safe, reliable and sustainable operations, investing in the communities where we live and work, fostering inclusion, embracing diversity, acting with integrity and innovating for the future.
For more than a century, ONEOK has delivered vital energy products to meet the needs of communities across the country. We’re proud of our history and the difference we will continue to make today and tomorrow.