Oneok, Inc. · NYSE:OKE

Oneok — Q3 2016 Earnings Presentation

8 slides from Oneok's earnings presentation, Nov 1, 2016

  1. Slide 1: Third-Quarter 2016 Update

    THIRD-QUARTER 2016 UPDATE November 1, 2016

  2. 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

  3. Slide 3: Index

    INDEX STACK and SCOOP Plays 4 Natural Gas Liquids Volume Update 5 Natural Gas Gathering and Processing Volume Update 6 Third-quarter vs. Second-quarter Segment Variances 7 Page 3

  4. Slide 4: STACK and SCOOP Plays

    STACK AND SCOOP PLAYS POSITIONED AS A CRITICAL PROVIDER ACROSS ALL BUSINESS SEGMENTS Natural Gas Liquids • Approximately 100 third-party plant connections in Mid-Continent • Ability to expand gathering system by 60,000 bpd to capture an expected incremental 100,000 bpd with capital expenditures of l

  5. Slide 5: Natural Gas Liquids Volume Update

    NATURAL GAS LIQUIDS VOLUME UPDATE Gathered Volume (MBbl/d) • Continue to benefit from strong NGL asset position 175-200 in the STACK and SCOOP 155 ~780 • STACK wells have shown strong results and are 105 769 NGL-rich with six to nine gallons of NGLs per Mcf 533 in the natural gas stream 2014 2015 20

  6. Slide 6: Natural Gas Gathering and Processing Volume Update

    NATURAL GAS GATHERING AND PROCESSING VOLUME UPDATE Gathered Volumes (MMcf/d) • Expect higher natural gas gathered and processed 1,524 1,520 – 1,600 1,404 volumes in the fourth quarter 2016 compared with the third quarter 2016 as a result of: 862 770–800 917 – The Bear Creek natural gas processing pl

  7. Slide 7: Business Segment Performance Q3 2016 vs. Q2 2016 Variances

    BUSINESS SEGMENT PERFORMANCE Q3 2016 vs. Q2 2016 VARIANCES • Natural gas liquids earnings increased – $5.8 million increase in higher transportation services, due primarily to the timing of revenues from annual minimum volume obligations – $4.2 million increase in storage activities – $4.0 million i

  8. Slide 8: Slide 8

ONEOK — Q3 2016 Earnings Presentation on 6ix