s & p 500 component industry natural gas utility founded 1906 founder ryan c. haynes c.b. ames headquarters tulsa oklahoma u.s. key people terry k. spencer ceo john gibson chairman products natural gas revenue 11.1 billion 2009 31.2 % 1 net income 305.45 million 2009 1 total assets 12.8 billion 2009 2.3 % 2 number of employees 4 077 sept 2010 divisions oneok partners 42.8 % energy services website http www.oneok.com oneok headquarters in tulsa oklahoma on 20 march 2007 oneok inc. is a diversified fortune 200 corporation based in tulsa oklahoma . oneok was founded in 1906 as oklahoma natural gas company but it changed its corporate name to oneok in december 1980 . oneok is a general partner and owns 41.2 percent of oneok partners lp which is one of the largest publicly traded limited partnerships in the gathering processing storage and transportation of natural gas . it also owns major natural gas liquids ngl systems due to the 2005 acquisition of koch industries natural gas businesses . oneok s energy services operation focuses primarily on marketing natural gas and related services throughout the u.s. energy services which derives more than 84 percent of its earnings from the physical marketing business showed an operating income increase of 26.5 million . energy services retail business participates in customer gas choice program in nebraska and wyoming . on december 22 2005 the oneok foundation said it would donate 1 million this winter to assist residents in oklahoma kansas and texas with their energy bills . 3 in 2007 fortune magazine named oneok the most admired company in the energy industry . 4 oneok s predecessor oklahoma natural gas company ong had been headquartered in an art deco building on the northwest corner of seventh street and boston avenue in tulsa since 1928 . in 1982 oneok chairman j. e. tyree announced plans to demolish the ong building and replace it with a new 16 story tower . however this did not happen . instead oneok bought the cities service company later renamed citgo in august 1982 . the acquired company already had a project underway to build a high rise headquarters building at fifth and boulder . oneok realized that it would be more economical to cap the planned structure at 17 stories and move its headquarters there rather than to proceed with its original plan . it completed the new black granite and glass tower in 1984 . 5 in 2009 oneok sponsored the construction of oneok field the new tulsa drillers minor league baseball stadium in downtown tulsa . contents 1 history 2 notes 3 see also 4 references 5 external links history edit oklahoma natural gas company headquarters in tulsa oklahoma built in 1928 oklahoma natural gas company ong was founded in 1906 by two attorneys dennis t. flynn and charles b. ames who planned to develop the natural gas that was a byproduct of the northern oklahoma oilfields . ong incorporated on october 9 1906 under the laws of oklahoma territory . flynn was president and ames the secretary . joined by chicago entrepreneur h. m. byllesby for whom they worked they also formed the oklahoma gas and electric company og & e to bring natural gas from the cleveland oil field to oklahoma city using it to generate electric power . byllesby soon resigned but glenn t. braden and theodore n. barnsdall joined ong . both were already experienced oilmen . together they owned the osage and oklahoma gas company . braden had been an executive of standard oil company and barnsdall an oil producer . a ong built a natural gas pipeline from the osage fields to oklahoma city which went into service december 28 1907 . ong extended the line to guthrie and shawnee . it also built the first gas pipeline compressor station in the state in 1910 . 6 braden followed flynn as president of the company . ong continued to build pipelines throughout oklahoma . by the time braden retired in 1921 ong owned over 1 300 miles 2 100 km of lines and served over a half million customers in 48 of the state s 77 counties . in 1928 it built its noted headquarters building in tulsa . it reorganized several times first becoming a maryland corporation then a delaware corporation . 6 the board of directors voted to change the name of oklahoma natural gas company to oneok inc. in december 1980 . the part of the corporation that operated utility services became a separate division named oklahoma natural gas and headquartered in oklahoma city . the parent company is headquartered in tulsa . 6 today oneok is one of the nation s premier energy companies involved in the natural gas and natural gas liquids businesses . its business segments provide safe reliable energy and services to their diverse customers . by following a strategy that blends the performance and profitability of all of the segments oneok s balanced business mix enables it to deliver sustainable earnings growth for shareholders . oneok s success is driven by employees who strive to better not only their company but also the communities in which they live . 7 in february 2014 oneok spun off its natural gas distribution companies oklahoma natural gas kansas gas services and texas gas services into a separate publicly traded company one gas . oklahoma natural gas the company that started it all back in 1906 now operates as a division of one gas . notes edit barnsdall owned the barnsdall oil company and became the namesake of barnsdall oklahoma . see also edit guardian pipeline oklahoma natural gas company building references edit a b financial statements for oneok inc. . google finance . retrieved 2011 02 01 . oneok 2009 2010 factsheet . 2010 . oneok fund to help poor pay energy bills . 2007 fortune most admired oneok davis kirby lee these walls oneok plaza in tulsa . journal record the oklahoma city . findarticles.com . retrieved july 14 2011 . 1 a b c dianna everett oklahoma natural gas company . encyclopedia of oklahoma history and culture . retrieved september 13 2014 . oneok history external links edit official website v t e tulsa based corporations within the tulsa metropolitan area fortune 500 oneok 219 williams companies 342 forbes largest private companies quiktrip 26 list of companies based in tulsa oklahoma retrieved from https en.wikipedia.org w index.php title oneok & oldid 682410060 categories companies listed on the new york stock exchangeenergy companies of the united statesnatural gas companies of the united statesnatural gas pipeline companiescompanies based in tulsa oklahomacompanies established in 1906oneok navigation menu personal tools not logged intalkcontributionscreate accountlog in namespaces article talk variants views read edit view history more search navigation main pagecontentsfeatured contentcurrent eventsrandom articledonate to wikipediawikipedia store interaction helpabout wikipediacommunity portalrecent changescontact page tools what links hererelated changesupload filespecial pagespermanent linkpage informationwikidata itemcite this page print export 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