ONEOK (OKE) Cash And Cash Equivalents

: $338 Mil (As of Dec. 2023)

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ONEOK's quarterly cash and cash equivalents increased from Jun. 2023 ($106.00 Mil) to Sep. 2023 ($284.00 Mil) and increased from Sep. 2023 ($284.00 Mil) to Dec. 2023 ($338.00 Mil).

ONEOK's annual cash and cash equivalents increased from Dec. 2021 ($146.39 Mil) to Dec. 2022 ($220.00 Mil) and increased from Dec. 2022 ($220.00 Mil) to Dec. 2023 ($338.00 Mil).

ONEOK Cash And Cash Equivalents Historical Data

The historical data trend for ONEOK's Cash And Cash Equivalents can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

ONEOK Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash And Cash Equivalents

20.96

524.50

146.39

220.00

338.00

ONEOK Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Cash And Cash Equivalents																220.00	680.00	106.00	284.00	338.00

ONEOK Cash And Cash Equivalents Calculation

Cash and cash equivalents are the most liquid assets on the balance sheet. Cash equivalents are assets that are readily convertible into cash, such as money market holdings, short-term government bonds or Treasury bills, marketable securities and commercial paper.

ONEOK (NYSE:OKE) Cash And Cash Equivalents Explanation

A high number means either:

1) The company has competitive advantage generating lots of cash

2) Just sold a business or bonds (not necessarily good)

A low stockpile of cash usually means poor to mediocre economics.

There are 3 ways to create large cash reserve.

1) Sell new bonds or equity to public

2) Sell business or asset

3) It has an ongoing business generating more cash than it burns (usually means durable competitive advantage)

When a company is suffering a short term problem, Buffett looks at cash or marketable securities to see whether it has the financial strength to ride it out.

Important: Lots of cash and marketable securities + little debt = good chance that the business will sail on through tough times.

Test to see what is creating cash by looking at past 7 yrs of balance sheets. This will reveal how the cash was created.

Be Aware

Depreciation estimates make the calculation of net income susceptible to management's accounting choices. These choices can be either overly aggressive or overly conservative.

ONEOK Cash And Cash Equivalents Related Terms

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ONEOK (OKE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » ONEOK Inc (NYSE:OKE) » Definitions » Cash And Cash Equivalents

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Traded in Other Exchanges

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Address

100 West Fifth Street, Tulsa, OK, USA, 74103

Website

https://www.oneok.com

Oneok provides natural gas gathering, processing, storage, and transportation as well as natural gas liquids transportation and fractionation. It owns extensive assets in the midcontinent, Permian, and Rocky Mountain regions.

Executives

Eduardo A Rodriguez	director	100 WEST FIFTH STREET, TULSA OK 74103
Lyndon C Taylor	officer: See Remarks	333 W. SHERIDAN AVE, OKLAHOMA CITY OK 73102
James R Hoskin	officer: See Remarks	ONE WILLIAMS CENTER, SUITE 2800, TULSA OK 74172
Wayne Thomas Smith	director	1940 AIR PRODUCTS BLVD., ALLENTOWN PA 18106
Lori Gobillot	director	5103 CITY WEST BLVD., 4TH FLOOR, HOUSTON TX 77042
Janet L. Hogan	officer: Senior Vice President HR	2307 OREGON STREET, OSHKOSH WI 54902
Pierce Norton	director, officer: President & CEO	100 W. 5TH STREET, TULSA OK 74103
Brian L Derksen	director	100 W. 5TH ST., TULSA OK 74103
Scott D Schingen	officer: Senior VP Operations	100 WEST 5TH STREET, TULSA OK 74103
Mark W Helderman	director	100 W. 5TH ST., TULSA OK 74102
Mary M Spears	officer: VP & CHIEF ACCOUNTING OFFICER	100 W. 5TH ST., TULSA OK 74103
Gary David Parker	director	100 W. 5TH ST., TULSA OK 74103
Terry K Spencer	officer: OKS - COO	100 W. 5TH ST., TULSA OK 74103
John William Gibson	director, officer: CEO	100 WEST FIFTH STREET, TULSA OK 74103
Hulse Walter S Iii	officer: EVP STRATEGIC PLNG & CORP DEV	100 W. 5TH ST., TULSA OK 74103