Oneok, Inc. · NYSE:OKE
Oneok — Q2 2017 Earnings Presentation
8 slides from Oneok's earnings presentation, Aug 1, 2017
Slide 1: Second-Quarter 2017 Update
SECOND-QUARTER 2017 UPDATE Aug. 1, 2017
Slide 2: Forward-Looking Statements
FORWARD-LOOKING STATEMENTS Statements contained in this presentation that include company expectations or predictions should be considered forward-looking statements that are covered by the safe harbor protections provided under federal securities legislation and other applicable laws. It is importa
Slide 3: Index
INDEX Natural Gas Liquids Volume Update 4 Natural Gas Gathering and Processing Volume Update 5 Natural Gas Pipelines 6 Second-quarter 2017 vs. First-quarter 2017 Segment Variances 7 Page 3
Slide 4: Natural Gas Liquids Volume Update
NATURAL GAS LIQUIDS VOLUME UPDATE Gathered Volume (MBbl/d) • Processing plant connections: – Six in 2017 including two in the second quarter (Mid- Continent) and one in July (Permian Basin) 800-850 • Ethane recovery expected to average 35,000 – 55,000 769 770 bpd higher in 2017, compared with 2016 5
Slide 5: Natural Gas Gathering and Processing Volume Update
NATURAL GAS GATHERING AND PROCESSING VOLUME UPDATE Gathered Volumes (MMcf/d) Mid-Continent 1,575 – 1,680 • Announced 200 MMcf/d Canadian Valley processing plant expansion in the 1,524 1,561 1,404 STACK, expected completion by end of 2018 • Increased producer activity expected in the STACK and SCOOP
Slide 6: Natural Gas Pipelines
NATURAL GAS PIPELINES WELL-POSITIONED AND MARKET-CONNECTED Natural Gas Transportation Capacity Contracted (MDth/d) • More than 95 percent fee-based in 2017, and expect: – Approximately 93 percent of transportation capacity contracted – More than 60 percent of natural gas storage capacity 6,659 6,757
Slide 7: Business Segment Performance: Q2 2017 vs. Q1 2017 Variances
BUSINESS SEGMENT PERFORMANCE Q2 2017 vs. Q1 2017 VARIANCES • Natural gas liquids decreased – $9.9 million decrease due to lower shipped volumes on distribution lines as a result of seasonal product demand; and – $8.5 million decrease due to higher operating costs primarily from higher outside servic
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