INTEGRATED. RELIABLE. DIVERSIFIED. Competitively positioned key asset locations and market share Approximately 40,000-mile network of natural gas liquids and natural gas pipelines Greater than 10 Bcf/d (or 10%) of U.S. natural gas…
DELIVERING THE ENERGY THAT IMPROVES OUR LIVES COMMON USES OF NATURAL GAS AND NGLS Natural Gas: The lowest-emission hydrocarbon-based fuel, producing inexpensive, reliable and clean energy. Electricity Generation Heating and Cooking…
INVESTMENT THESIS A PREMIER ENERGY INFRASTRUCTURE COMPANY ONEOKs Competitive Position Key Priorities Operating Market Share Connectivity Operate safely and environmentally Leverage 1 responsibly Strategic assets in NGL Fully…
RESILIENT BUSINESS MODEL PROVEN PERFORMANCE BUILT TO WITHSTAND VARIOUS MARKET CONDITIONS Solid investment-grade balance sheet S&P: BBB (stable) affirmed April 30, 2020 Financial Strength and Flexibility Moodys: Baa3 (stable) affirmed…
BUSINESS SEGMENTS Natural Gas Liquids Natural Gas Gathering Natural Gas Pipelines and Processing EARNINGS MIX 90% fee based 85% fee based 95% fee based CONTRACT Fee-based, bundled service volume Fee contracts with a…
REGIONAL VOLUME UPDATE AS OF THE THIRD QUARTER 2020 NATURAL GAS LIQUIDS NATURAL GAS GATHERING AND PROCESSING Rocky Mountain: NGL raw feed throughput volumes increased 33% compared with the second quarter 2020. Rocky Mountain: October…
NATURAL GAS LIQUIDS ONE OF THE LARGEST INTEGRATED NGL SERVICE PROVIDERS Provides fee-based gathering, fractionation, transportation, marketing and storage services linking key NGL market centers Fee-based earnings have Primary NGL…
NATURAL GAS LIQUIDS VOLUME 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…
ETHANE RECOVERY ECONOMICS ONEOKS NGL INFRASTRUCTURE CONNECTS SUPPLY WITH THE GULF COAST MARKET Increasing ethane prices drive improving recovery economics Basins closer to market hubs currently in full or partial ethane recovery…
NATURAL GAS GATHERING AND PROCESSING SERVING PRODUCERS IN KEY BASINS Provides gathering, compression, treating and processing services to producers. Expect 2020 earnings to be 85% fee based Primarily fee-based contracts 15%…
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…
WILLISTON BASIN 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% GOR has increased 60% since 2016. 3,137…
NATURAL GAS PIPELINES CONNECTIVITY TO KEY MARKETS Provides fee-based natural gas transportation and storage services, and direct connectivity to end-use markets Expect 2020 earnings to be 95% fee based Connected directly to end-use…
WELL -CAPITALIZED CUSTOMER BASE 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 Large…
PROMOTING 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…
ESG-RELATED HIGHLIGHTS RECENT RECOGNITION Included in 30+ ESG-related indexes, including: S&P 500 ESG Index Dow Jones Sustainability World Index Dow Jones Sustainability North America Index FTSE4Good Index JUST U.S. Large Cap…
ESG INITIATIVES AND PRACTICES PROMOTING LONG-TERM BUSINESS SUSTAINABILITY Effective Governance and Oversight Committed to Safety Diverse board of directors members elected annually, including a Training robust protocols and training…
RESPONDING TO COVID -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 remain…