THIRD QUARTER 2020 R E S U LT S O C T. 2 7 , 2 0 2 0
REGIONAL VOLUM E UPDATE NATURAL GAS LIQUIDS NATURAL GAS GATHERING AND PROCESSING Rocky Mountain: Rocky Mountain: NGL raw feed throughput volumes increased 33% compared with the second quarter 2020. Processed volumes increased 25%…
BUSINESS SEGM ENT PERFORM ANCE Q3 2020 VS. Q2 2020 ADJUSTED EBITDA VARIANCES Natural gas liquids increased 79.5 million increase in exchange services due primarily to higher volumes across ONEOKs operations. 36.4 million increase in…
NATURAL GAS LIQUIDS VOLUM E RECOVERY CURRENT ROCKIES VOLUMES EXCEEDING PRE-COVID AVERAGE VOLUMES Rockies Region NGL Raw Feed Throughput (bpd) Capacity Expandable to 540,000 bpd(a) Minimal capital needed to expand Elk 160,000 Creek…
WILLISTON BA SIN 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 3,000 35% 30% 2,500…
CAPTURING FLARED PRODUCTION LIMITED WILLISTON BASIN ACTIVITY NEEDED TO MAINTAIN CURRENT VOLUME LEVELS 1,750 O N E O K I l l u s t r a t i v e D e d i c a t e d G r o s s P r o d u c t i o n (a) 1,500 45 average well completions per…
SOLID BUSINESS M ODEL PROVEN PERFORM 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 (stable) affirmed…
PROM OTING LONG-TERM BUSINESS SUSTAINABILITY Environmental Social Governance Providing solutions to Long history of promoting Adoption of SASB reduce flaring in the diversity and inclusion reporting standards Williston Basin…