ONEOK - M&A Summary and Business Overview

Energy Services And EquipmentCompany

ONEOK M&A Summary

ONEOK has acquired 2 companies, including 1 in the last 5 years.

ONEOK’s largest acquisition to date was in 2023, when it acquired Magellan Midstream Partners for $18.8B. ONEOK has acquired in 1 US state. The Company’s most targeted sectors include energy services and equipment (100%).

ONEOK Business Overview

Where is ONEOK headquartered?

ONEOK is headquartered in Tulsa, Oklahoma.

What is ONEOK’s revenue?

ONEOK disclosed revenue of 22,387M USD for 2022 and 16,540M USD for 2021.

How many employees does ONEOK have?

ONEOK has 288 employees.

What sector is ONEOK in?

ONEOK is an energy services and equipment company.

When was ONEOK founded?

ONEOK was founded in 1906.

M&A Summary

  • M&A Total Activity2
    • M&A Buy Activity2
  • Total Sectors Invested 1
  • Total Countries Invested 1
  • M&A Advisors 5

ONEOK

ONEOK, Inc.

100 West Fifth Street,
Tulsa, Oklahoma 74103
United States,
(918) 588-7000
www.oneok.com

ONEOK gathers, processes, stores, and transports natural gas in the US. The Company also owns one of the nation's premier natural gas liquids (NGL) systems, connecting NGL supply in the Mid-Continent and Rocky Mountain regions with a variety of market centers. ONEOK was formed in 1906 and is based in Tulsa, Oklahoma.


M&A Summary

Buy vs Sell

Year ≤ '19 '20 '21 '22 '23 '24 T
Buy (0.2/yr) # 1 - - - 1 - 2
vol $17.2B $18.8B $36.0B
Sell (0.0/yr) # - - - - - - 0
  2

Most Recent M&A

Company Date Value Type
Magellan Midstream Partners LP 2023-05-14 18.8B USD Merger
Tulsa, Oklahoma · www.magellanlp.com
ONEOK Partners L.P. 2017-02-01 17.2B USD Merger
Tulsa, Oklahoma · www.oneokpartners.com
View All >>

M&A by Sector

Sector Buy # Value Sell # Value
Energy Services and Equipment 2 (100%) 36.0B (100%) - -
Total 2 $36.0B - -

By Geo

State/Country Buy Value Sell Value
United States 2 36.0B - -
  Oklahoma 2 36.0B - -
Total 2 $36.0B - -

Top M&A Advisors

Financial Deals
J.P. Morgan Securities
 1
Morgan Stanley
 1
Goldman Sachs
 1
Legal Deals
Skadden, Arps, Slate, Meagher & Flom
 1
Kirkland & Ellis
 1

Deal Values

buy # Total
> $1B 2 $36.0B
TOTAL $36.0B
Largest Magellan Midstream Partners LP
$18.8B (2023-05-14)

Company Summary

SECTOR

Energy Services and Equipment

Revenue

22,387   36% 2022
16,540   94% 2021
8,542   16% 2020
10,164   20% 2019
12,593   4% 2018
12,174   37% 2017
8,921   15% 2016
7,763   37% 2015
12,195   3% 2014
11,871   17% 2013
10,184   2012
(millions of USD) Show More Show Less

Employees

288

Established

1906

Public

NYSE: OKE

 Subscribe to unlock this and 201,598
investor and company profiles

Sign-up today to get full access

  • check  Unlimited Searches
  • check  Unlimited Profile Views
  • check  Build and Export Lists of
    • PE Backed Companies
    • Direct Investors & Acquirers
    • Advisors
    • Deals
    • & More
1 Week Free Trial Learn More

What's Mergr?

We built Mergr to save people the arduous and time-consuming process of tracking when companies are bought, sold, and who currently owns them.

Every day, new opportunities emerge around M&A and we help professionals of all types comb through transactions, investors, and corporate acquirers via an easy-to-use web database that is accessible to anyone.

Try us for 1 week free today!

Mergr, the Easiest-to-Use PE and M&A DB

Key Benefits

  • Stay informed on events in your industry
  • M&A research that takes seconds (not all afternoon)
  • Better understand your customers and prospects
  • Discover active buyers (or sellers)
Search
  • 4.5K Private Equity Firms
  • 193K M&A Transactions
  • 197K Companies Involved in M&A
    (Buyer, Seller, or Target)
  • 3.6K M&A Advisors
    (Investment Banks and Law Firms)
  • 75K M&A Contacts
    (PE and M&A Advisors)

Ready to try?

Join FREE for 1 Week

No obligation. Cancel anytime.

Related Lists for ONEOK

Oklahoma Companies , Energy Services and Equipment Companies , United States Companies , Oklahoma Energy Services and Equipment Companies , Oklahoma Energy Services and Equipment with Acquisitions , Oklahoma Energy Services and Equipment with Divestitures

Related Lists for Oklahoma Companies

Largest Oklahoma Companies , Acquisitive Oklahoma Companies , Recently Acquired Oklahoma Companies , Recently Sold Oklahoma Companies , Private Oklahoma Companies , Public Oklahoma Companies , Acquired Oklahoma Companies , PE Backed Oklahoma Companies

Related Lists for Energy Services and Equipment Companies

Largest Energy Services and Equipment Companies , Acquisitive Energy Services and Equipment Companies , Recently Acquired Energy Services and Equipment Companies , Recently Sold Energy Services and Equipment Companies , Private Energy Services and Equipment Companies , Public Energy Services and Equipment Companies , Acquired Energy Services and Equipment Companies , PE Backed Energy Services and Equipment Companies

Related Lists for United States Companies

Largest United States Companies , Acquisitive United States Companies , Recently Acquired United States Companies , Recently Sold United States Companies , Private United States Companies , Public United States Companies , Acquired United States Companies , PE Backed United States Companies
Mergr

Product

Company

Legal