ONEOK Management
Management criteria checks 4/4
ONEOK's CEO is Pierce Norton, appointed in Jun 2021, has a tenure of 3.5 years. total yearly compensation is $9.55M, comprised of 8.7% salary and 91.3% bonuses, including company stock and options. directly owns 0.015% of the company’s shares, worth $8.83M. The average tenure of the management team and the board of directors is 3.1 years and 7.4 years respectively.
Key information
Pierce Norton
Chief executive officer
US$9.5m
Total compensation
| CEO salary percentage | 8.7% |
| CEO tenure | 3.5yrs |
| CEO ownership | 0.02% |
| Management average tenure | 3.1yrs |
| Board average tenure | 7.4yrs |
Recent management updates
Recent updates
ONEOK Expands Deeper Into The Oil Pipeline Business
Dec 05ONEOK Finishes The Job In Picking Up EnLink Midstream
Nov 27ONEOK (NYSE:OKE) Seems To Use Debt Quite Sensibly
Nov 19
ONEOK: Where Dividends Flow Like Oil - A 4.2% Yield You Can't Miss
Nov 04Revenue Miss: ONEOK, Inc. Fell 19% Short Of Analyst Revenue Estimates And Analysts Have Been Revising Their Models
Oct 31Is There An Opportunity With ONEOK, Inc.'s (NYSE:OKE) 43% Undervaluation?
Oct 18ONEOK Vs. Williams Companies: Which High-Yield Is The Better Buy?
Sep 30Subdued Growth No Barrier To ONEOK, Inc.'s (NYSE:OKE) Price
Sep 30Pipeline Payday: Buying 4.5%-Yielding ONEOK Before It's Too Late
Aug 27ONEOK: Williston Processing Margins At Risk
Aug 09Pipeline Profits: Why 4.7%-Yielding ONEOK Is Gushing With Potential
Jul 16Are Investors Undervaluing ONEOK, Inc. (NYSE:OKE) By 26%?
Jul 11ONEOK: Increased Volumes In The Williston Driving Underlying EBITDA Growth In 2024
Jun 13Who Should Buy ONEOK Instead Of Enbridge
May 22ONEOK, Inc. Just Missed Earnings And Its Revenue Numbers Were Weaker Than Expected
May 02What ONEOK, Inc.'s (NYSE:OKE) P/E Is Not Telling You
Apr 15ONEOK: I'm Collecting Tolls From This Reliable Dividend Payer
Apr 10Ditch The Drill, Buy The Pipe: Why 5%-Yielding ONEOK Is Smart Energy Play
Mar 30ONEOK: Waiting For A Better Valuation On This 5%-Yielding Stock
Mar 06Earnings Report: ONEOK, Inc. Missed Revenue Estimates By 9.5%
Feb 28ONEOK Navigates New Waters With Magellan
Feb 27Should You Be Adding ONEOK (NYSE:OKE) To Your Watchlist Today?
Feb 26ONEOK: Solid Company, But Bakken Weather Likely To Impact Q1
Feb 05Here's Why ONEOK (NYSE:OKE) Can Manage Its Debt Responsibly
Jan 17ONEOK's Premium May Be Justified By Growth
Jan 15ONEOK, Inc. (NYSE:OKE) Shares Could Be 21% Below Their Intrinsic Value Estimate
Jan 02ONEOK: Deleveraging Likely To Limit Dividend Growth
Dec 28ONEOK: Get Paid A 6% Yield And Beat The S&P 500
Nov 24Is 6%-Yielding ONEOK An Unbeatable S&P 500 Income Play?
Oct 24ONEOK: Strong Asset Base And The Magellan Deal Add More Fuel
Oct 12Magellan Midstream Partners And ONEOK: The Upcoming Vote Is Heating Up
Sep 08ONEOK: Expanding Competitive Advantage Amidst Inherent Risks
Aug 25CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | US$3b |
| Jun 30 2024 | n/a | n/a | US$3b |
| Mar 31 2024 | n/a | n/a | US$2b |
| Dec 31 2023 | US$10m | US$835k | US$3b |
| Sep 30 2023 | n/a | n/a | US$2b |
| Jun 30 2023 | n/a | n/a | US$2b |
| Mar 31 2023 | n/a | n/a | US$2b |
| Dec 31 2022 | US$8m | US$835k | US$2b |
| Sep 30 2022 | n/a | n/a | US$2b |
| Jun 30 2022 | n/a | n/a | US$2b |
| Mar 31 2022 | n/a | n/a | US$2b |
| Dec 31 2021 | US$7m | US$427k | US$1b |
Compensation vs Market: Pierce's total compensation ($USD9.55M) is about average for companies of similar size in the US market ($USD12.88M).
Compensation vs Earnings: Pierce's compensation has been consistent with company performance over the past year.
CEO
Pierce Norton (64 yo)
3.5yrs
Tenure
US$9,547,574
Compensation
Mr. Pierce H. Norton, II, is Chairman of the Board of Enlink Midstream Manager, LLC from October 15, 2024. Mr. Norton is Chairman of the Board of EnLink Midstream, LLC from October 15, 2024. He serves as P...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 3.5yrs | US$9.55m | 0.015% $ 8.8m | |
| CFO, Treasurer and Executive VP of Investor Relations & Corporate Development | 7.6yrs | US$4.92m | 0.031% $ 17.5m | |
| Executive Vice President of Commercial Liquids and Natural Gas Gathering & Processing | 7.9yrs | US$3.85m | 0.039% $ 22.2m | |
| Senior Vice President of Commercial Natural Gas Pipelines | 6.9yrs | US$3.15m | 0.024% $ 13.9m | |
| Executive VP & Chief Enterprise Services Officer | 2.8yrs | US$3.70m | 0.027% $ 15.4m | |
| Senior VP and Chief Accounting Officer of Finance & Tax. | 5.8yrs | no data | 0.0053% $ 3.1m | |
| Executive VP | 1.3yrs | no data | 0% $ 0 | |
| Senior Vice President of Communications & Community Relations | 2.3yrs | no data | no data | |
| Senior Vice President of Natural Gas Liquids & Natural Gas Operations | 1.3yrs | no data | 0.0099% $ 5.7m | |
| Senior Vice President of Commercial | 1.3yrs | no data | no data | |
| Senior Vice President of Corporate Development | 3.5yrs | no data | no data | |
| Senior Vice President of Refined Products & Crude Operations | 1.3yrs | no data | 0.00072% $ 410.8k |
3.1yrs
Average Tenure
60yo
Average Age
Experienced Management: OKE's management team is considered experienced (3.1 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 3.5yrs | US$9.55m | 0.015% $ 8.8m | |
| Independent Director | 22.9yrs | US$260.40k | 0% $ 0 | |
| Independent Director | 20.9yrs | US$271.00k | 0.0046% $ 2.6m | |
| Independent Chairman of the Board | 17.5yrs | US$416.82k | 0.011% $ 6.2m | |
| Independent Director | 4yrs | US$267.50k | no data | |
| Independent Director | 9yrs | US$251.00k | 0.0051% $ 2.9m | |
| Independent Director | 5.8yrs | US$251.00k | 0.0055% $ 3.1m | |
| Independent Director | 9yrs | US$276.00k | 0.0032% $ 1.8m | |
| Independent Director | 1.3yrs | US$167.67k | 0.00024% $ 136.9k | |
| Independent Director | 1.3yrs | US$167.67k | 0.00046% $ 262.4k |
7.4yrs
Average Tenure
66yo
Average Age
Experienced Board: OKE's board of directors are considered experienced (7.4 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/20 05:21 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
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Analyst Sources
ONEOK, Inc. is covered by 43 analysts. 9 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| William Selesky | Argus Research Company |
| Ethan Bellamy | Baird |
| Ishan Majumdar | Baptista Research |