Oneok

Oneok is a major US midstream energy company that gathers, processes, transports and stores natural gas and natural gas liquids across a large pipeline network. Its fee-based model earns money largely on the volume of hydrocarbons moved rather than commodity prices, giving revenues a degree of insulation from swings in oil and gas markets. Oneok has a long history of paying dividends, and the yield tends to sit well above the market average, reflecting the cash-heavy nature of pipeline assets. The payout is generously sized but depends on stable throughput and disciplined debt management. The profile appeals to income investors comfortable with the energy sector, offering a solid, above-average distribution.