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Oneok Partners Lp

OKS is the stock symbol for ONEOK, Inc., a publicly traded company on the New York Stock Exchange (NYSE) based in Tulsa, Oklahoma. ONEOK is a leading midstream service provider and owns one of the largest natural gas liquids (NGL) systems in the United States, connecting NGL supply in the Mid-Continent, Williston Basin and Permian Basin to key market centers.

ONEOK's business consists of three reportable segments:

1. Natural Gas Gathering and Processing: This segment consists of gathering, compressing, treating, and processing natural gas produced in the Mid-Continent and Williston Basin regions of the United States.

2. Natural Gas Liquids: This segment consists of NGL gathering, fractionation, and storage, as well as NGL transmission and marketing.

3. Natural Gas Pipelines: This segment consists of natural gas transmission and storage.

Now, let's take a look at some key financial metrics for ONEOK:

* Earnings: ONEOK's earnings per share (EPS) for the most recent quarter (Q4 2021) was $0.45, representing a year-over-year increase of 52.6%. The company's full-year 2021 EPS was $1.59, up from $0.55 in 2020.

* Revenue: ONEOK's revenue for Q4 2021 was $3.23 billion, up from $2.42 billion in Q4 2020. Full-year 2021 revenue was $12.38 billion, up from $8.13 billion in 2020.

* Dividends: ONEOK has a strong history of paying dividends, with a current yield of 5.15%. The company has increased its dividend for 19 consecutive years.

* Valuation: ONEOK's forward P/E ratio is 12.1x, based on consensus 2022 EPS estimates of $2.31 per share. The company's price-to-book (P/B) ratio is 2.6x, which is slightly above the industry average.

ONEOK's growth has been driven by a number of factors, including the continued expansion of its natural gas liquids and natural gas pipelines systems, as well as its strategic acquisitions and investments. The company has also benefited from the ongoing shift towards natural gas as a cleaner source of energy.

In conclusion, ONEOK is a well-established midstream service provider with a diversified portfolio of assets, strong financial performance, and a history of paying dividends. While there are risks associated with investing in any company, including ONEOK, the company's solid financial metrics and growth prospects make it an attractive option for investors seeking exposure to the energy sector.