Energy Services

ONEOK's Energy Services operation focuses primarily on marketing natural gas and related services throughout the U.S. and into Canada. We offer premium, no-notice services to our customers, which are primarily local distribution companies. Energy Services derives a majority of its earnings from the physical marketing business and recorded an operating income of $205.4 million in 2007. Energy Services’ retail business participates in customer gas choice programs in Nebraska and Wyoming.

Statistics

  • 96 Bcf of leased storage capacity
  • 2.4 Bcf/d of storage withdrawal rights
  • 1.6 Bcf/d of storage injection rights
  • 1.8 Bcf/d of leased transportation capacity
Results
(For The Year Ended Dec. 31)
2007 2006 2005
Energy and power revenues ($000) $6,639,884 $6,328,893 $8,345,091
Energy trading revenues, net ($000) $(10,613) $ 6,797 $ 12,680
Natural gas marketed (Bcf) 1,191 1,132 1,191
Operating income ($000) $ 205,355 $ 229,205 $ 165,570