About ONEOK
ONEOK is a company based in Tulsa (United States) founded in 2000 was acquired by Oneok in May 2023. It operates as a Managed Services, and Reseller / Distribution. ONEOK has completed 1 acquisition, including Longhorn Pipeline. ONEOK offers products and services including Natural Gas Liquids, Refined Products and Crude, Natural Gas Gathering and Processing, and Natural Gas Pipelines. ONEOK operates in a competitive market with competitors including NuStar Energy, Buckeye Partners, Ocensa, MPLX and Lotus Midstream, among others.
- Headquarter Tulsa, United States
- Stage Public
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Sectors
Energy & Utilities
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Oneok, Inc.
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Annual Revenue
$2.83 B13as on Dec 31, 2018
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Net Profit
$1.33 B53as on Dec 31, 2018
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EBITDA
$1.46 B17as on Dec 31, 2018
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Latest Funding Round
$650 M (USD), Debt – Conventional
Feb 22, 2016
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Investors
Citi
& 14 more
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Employee Count
Employee Count
- Investments & Acquisitions
- Acquired by
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Products & Services of ONEOK
ONEOK offers a comprehensive portfolio of products and services, including Natural Gas Liquids, Refined Products and Crude, Natural Gas Gathering and Processing, and Natural Gas Pipelines. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Facilities for gathering and storing NGLs are operated.
Petroleum products are gathered and transported efficiently.
Midstream services for gas producers are provided.
Transportation and storage services for gas are offered.
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Funding Insights of ONEOK
- Total Funding Total Funding
- Total Rounds 3
- Last Round Debt – Conventional — $650.0M
- First Round First Round
- Investors Count 13
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2016 | Amount | Debt – Conventional - ONEOK | Valuation |
investors |
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| Oct, 2004 | Amount | Debt – Conventional - ONEOK | Valuation |
investors |
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| Jun, 2003 | Amount | Series B - ONEOK | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in ONEOK
ONEOK has secured backing from 15 investors, including institutional and venture fund investors. Prominent investors backing the company include Citi, Goldman Sachs and Barclays. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Investment banking services are delivered across multiple financial sectors.
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Founded Year | Domain | Location | |
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Private equity investments are directed toward multiple sectors.
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Founded Year | Domain | Location | |
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Private equity investments are directed toward key sectors by MDP.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by ONEOK
ONEOK has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Longhorn Pipeline. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Pipline to transport refined petro products from refineries to terminals
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1998 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - ONEOK
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Oneok Comparisons
Competitors of ONEOK
ONEOK operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as NuStar Energy, Buckeye Partners, Ocensa, MPLX and Lotus Midstream, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Liquid terminals and pipelines are operated in the energy sector.
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| domain | founded_year | HQ Location |
Midstream logistic solutions for petroleum products are provided.
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| domain | founded_year | HQ Location |
Colombia's crude oil pipelines are managed across 830 kilometers.
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| domain | founded_year | HQ Location |
Crude oil pipelines are operated in the United States.
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| domain | founded_year | HQ Location |
Crude oil transportation services are provided in the midstream sector.
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| domain | founded_year | HQ Location |
Crude oil and natural gas reserves are developed and produced.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Oneok
Frequently Asked Questions about ONEOK
When was ONEOK founded?
ONEOK was founded in 2000 and raised its 1st funding round 3 years after it was founded.
Where is ONEOK located?
ONEOK is headquartered in Tulsa, United States. It is registered at Tulsa, Oklahoma, United States.
What is the annual revenue of ONEOK?
Annual revenue of ONEOK is $2.83B as on Dec 31, 2018.
What does ONEOK do?
Energy products and services are provided by ONEOK, Inc. across multiple segments. Natural gas liquids are gathered, fractionated, and stored through owned facilities. Refined products and crude oil are transported and distributed via an extensive network. Natural gas gathering and processing services are offered to producers in several U.S. states. Additionally, interstate and intrastate natural gas pipeline transportation and storage solutions are managed. Operations span various sectors within the energy industry, focusing on midstream activities.
Who are the top competitors of ONEOK?
ONEOK's top competitors include NuStar Energy, Buckeye Partners and MPLX.
What products or services does ONEOK offer?
ONEOK offers Natural Gas Liquids, Refined Products and Crude, Natural Gas Gathering and Processing, and Natural Gas Pipelines.
How many acquisitions has ONEOK made?
ONEOK has made 1 acquisition, including Longhorn Pipeline.
Who are ONEOK's investors?
ONEOK has 15 investors. Key investors include Citi, Goldman Sachs, Barclays, US Bank, and The Carlyle Group.