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Last updated on April 18, 2014 at 11:04 EDT

ONEOK and ONEOK Partners Listed Among Platts Top 250 Global Energy Companies

December 7, 2010

TULSA, Okla., Dec. 7, 2010 /PRNewswire/ — ONEOK, Inc. (NYSE: OKE) and ONEOK Partners, L.P. (NYSE: OKS) were recently named to the Platts Top 250 Global Energy Companies List for 2010, a global survey that measures financial performance by examining each company’s assets, revenues, profits and return on invested capital.

“This recognition reflects the continued hard work and dedication of our 4,800 employees,” said John W. Gibson, president and chief executive officer of ONEOK and chairman, president and chief executive officer of ONEOK Partners.

ONEOK ranked first among natural gas utilities in the Americas region, moving up one spot from 2009. ONEOK also ranked seventh worldwide among natural gas utilities and 64 in overall performance in the Americas region.

“ONEOK’s number one ranking among American natural gas utilities highlights our focus on improving our financial performance through innovative rate strategies, while continuing to focus on meeting our customers’ needs. Through the commitment of our employees, we’ve been able to continue to create value for both our customers and investors,” Gibson concluded.

ONEOK Partners ranked tenth globally among natural gas storage and transportation companies, as well as 54 in overall performance in the Americas region, up from 61 last year.

ONEOK’s and ONEOK Partners’ overall global performance rankings were 157 and 139, respectively.

To be ranked by Platts, companies must have assets greater than $2 billion and must be publicly traded.

ONEOK, Inc. (NYSE: OKE) is a diversified energy company. We are the general partner and own 42.8 percent of ONEOK Partners, L.P. (NYSE: OKS), one of the largest publicly traded master limited partnerships, which is a leader in the gathering, processing, storage and transportation of natural gas in the U.S. and owns one of the nation’s premier natural gas liquids (NGL) systems, connecting NGL supply in the Mid-Continent and Rocky Mountain regions with key market centers. ONEOK is among the largest natural gas distributors in the United States, serving more than 2 million customers in Oklahoma, Kansas and Texas. Our energy services operation focuses primarily on marketing natural gas and related services throughout the U.S. ONEOK is a Fortune 500 company and is included in Standard & Poor’s (S&P) 500 Stock Index.

ONEOK Partners, L.P. (NYSE: OKS) is one of the largest publicly traded master limited partnerships, and is a leader in the gathering, processing, storage and transportation of natural gas in the U.S. and owns one of the nation’s premier natural gas liquids (NGL) systems, connecting NGL supply in the Mid-Continent and Rocky Mountain regions with key market centers. Its general partner is a wholly owned subsidiary of ONEOK, Inc. (NYSE: OKE), a diversified energy company, which owns 42.8 percent of the overall partnership interest. ONEOK is one of the largest natural gas distributors in the United States, and its energy services operation focuses primarily on marketing natural gas and related services throughout the U.S.

For more information, visit the websites at www.oneokpartners.com or www.oneok.com.

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    Analyst
     Contact:       Dan Harrison
                    918-588-7950
    Media Contact:  Megan Lewis
                    918-561-5325

SOURCE ONEOK, Inc.; ONEOK Partners, L.P.


Source: newswire