SECOND QUARTER 2020 R E S U LT S J U LY 2 8 , 2 0 2 0
RE S P O NDING TO CO V ID-19 ONEOK - AN ESSENTIAL CRITICAL INFRASTRUCTURE BUSINESS Employee and Community Business Contractor Support Support Sustainability We continue to monitor and take action Approximately 600,000 pledged to We…
S O LID BUS INE S S M O DE L P RO V E N P E RFO RM ANCE BUILT TO WITHSTAND VARIOUS MARKET CONDITIONS Solid investment-grade balance sheet Financial Strength and Flexibility S&P: BBB (stable) affirmed April 30, 2020 Moodys: Baa3…
RE G IO NAL V O LUM E UP DATE NATURAL GAS LIQUIDS NATURAL GAS GATHERING AND PROCESSING Rocky Mountain: Rocky Mountain: July NGL raw feed throughput volumes are exceeding second quarter July natural gas volumes processed are exceeding…
WILLIS TO N BAS IN INCREASING GAS-TO-OIL RATIOS (GOR) AND FLARING PRESENT OPPORTUNITIES North Dakota Natural Gas and Crude Oil Produced North Dakota Natural Gas Produced and Flared 3,500 3,500 40% 3,000 35% 3,000 30% 2,500…
BUS INE S S S E G M E N T P E R FO R M ANCE Q2 2020 VS. Q1 2020 ADJUSTED EBITDA VARIANCES Natural gas liquids decreased 45.1 million decrease in exchange services due primarily to 60.5 million in lower volumes across ONEOKs operations…
WE LL-CAP ITALIZE D CUS TO M E R BAS E DIVERSIFIED COUNTERPARTIES WITH HIGH CREDIT QUALITY No single customer represents more than 10% of ONEOKs revenue. Investment-grade Customers Primary Customers Contract Structure YE 2019…