Brian Derksen - ONEOK Independent Director

OKE Stock  USD 116.75  3.59  3.17%   

Director

Mr. Brian L. Derksen is an Independent Director of the Company. Mr. Derksen served as Global Deputy Chief Executive Officer of Deloitte Touche Tohmatsu Limited from 2011 until 2014, and as Deputy Chief Executive Officer of Deloitte LLP from 2003 to 2011. Prior to that, he was the Managing Partner of, respectively, the financial advisory business and the MidAmerica region of Deloitte U.S. In fulfilling his roles for DTTL and Deloitte U.S., Mr. Derksen acted in his capacity as a partner in Deloitte U.S. Mr. Derksen retired as a partner of Deloitte U.S. on May 31, 2014. Mr. Derksen is a Certified Public Accountant. During the period from November 2014 through May 2015, Mr. Derksen was engaged to serve as an independent consultant in the information technology sector since 2015.
Age 69
Tenure 9 years
Professional MarksMBA
Address 100 West Fifth Street, Tulsa, OK, United States, 74103
Phone918 588 7000
Webhttps://www.oneok.com/
Derksen earned a BS degree from the University of Saskatchewan and a MBA degree from Duke University’s Fuqua School of Business.

ONEOK Management Efficiency

The company has Return on Asset of 0.06 % which means that on every $100 spent on assets, it made $0.06 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.1688 %, implying that it generated $0.1688 on every 100 dollars invested. ONEOK's management efficiency ratios could be used to measure how well ONEOK manages its routine affairs as well as how well it operates its assets and liabilities. At present, ONEOK's Return On Assets are projected to increase slightly based on the last few years of reporting. The current year's Return On Equity is expected to grow to 0.18, whereas Return On Capital Employed is forecasted to decline to 0.08. At present, ONEOK's Non Current Assets Total are projected to increase significantly based on the last few years of reporting. The current year's Non Currrent Assets Other is expected to grow to about 334.9 M, whereas Total Current Assets are forecasted to decline to about 2.1 B.
ONEOK Inc has 21.76 B in debt with debt to equity (D/E) ratio of 2.27, meaning that the company heavily relies on borrowing funds for operations. ONEOK Inc has a current ratio of 0.81, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Note however, debt could still be an excellent tool for ONEOK to invest in growth at high rates of return.

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ONEOK, Inc., together with its subsidiaries, engages in gathering, processing, storage, and transportation of natural gas in the United States. The company was founded in 1906 and is headquartered in Tulsa, Oklahoma. Oneok operates under Oil Gas Midstream classification in the United States and is traded on New York Stock Exchange. It employs 2847 people. ONEOK Inc (OKE) is traded on New York Stock Exchange in USA. It is located in 100 West Fifth Street, Tulsa, OK, United States, 74103 and employs 4,775 people. ONEOK is listed under Oil & Gas Storage & Transportation category by Fama And French industry classification.

Management Performance

ONEOK Inc Leadership Team

Elected by the shareholders, the ONEOK's board of directors comprises two types of representatives: ONEOK inside directors who are chosen from within the company, and outside directors, selected externally and held independent of ONEOK. The board's role is to monitor ONEOK's management team and ensure that shareholders' interests are well served. ONEOK's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, ONEOK's outside directors are responsible for providing unbiased perspectives on the board's policies.
Gregory Lusardi, Senior Development
Brian Derksen, Independent Director
Pierce Norton, President, Chief Executive Officer, Director
Kevin Burdick, Executive Vice President, Chief Commercial Officer
Gerald Smith, Independent Director
Lyndon JD, Chief VP
Randall Larson, Independent Director
Stephen JD, Gen VP
Julie Edwards, Lead Independent Director
Walter III, Treasurer CFO
Lyndon Taylor, Chief VP
Sheridan Swords, Senior Vice President - Natural Gas Liquids
Eduardo Rodriguez, Independent Director
Steven Malcolm, Independent Director
Janet Hogan, VP Officer
Mary Spears, Chief Accounting Officer, Vice President
Pattye Moore, Independent Director
Walter Hulse, Chief Financial Officer, Executive Vice President - Strategic Planning and Corporate Affairs, Treasurer
Scott Schingen, Senior Operations
James Mogg, Lead Independent Director
Darren Wallis, Senior Relations
John Gibson, Non-Independent Non-Executive Chairman of the Board
Pierce II, CEO President
Stephen Allen, Senior Vice President General Counsel, Assistant Secretary
Gary Parker, Independent Director
Terry Spencer, CEO and President Director, Member of Executive Committee and Member of Corporate Governance Committee
Robert Martinovich, Executive Vice President, Chief Administrative Officer
Christy Williamson, Natural Commercial
Mark Helderman, Independent Director
Charles Kelley, Senior Vice President - Natural Gas

ONEOK Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is ONEOK a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Also Currently Popular

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When determining whether ONEOK Inc is a strong investment it is important to analyze ONEOK's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact ONEOK's future performance. For an informed investment choice regarding ONEOK Stock, refer to the following important reports:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in ONEOK Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in industry.
You can also try the Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.
Is Oil & Gas Storage & Transportation space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of ONEOK. If investors know ONEOK will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about ONEOK listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.192
Dividend Share
3.96
Earnings Share
4.72
Revenue Per Share
34.116
Quarterly Revenue Growth
0.199
The market value of ONEOK Inc is measured differently than its book value, which is the value of ONEOK that is recorded on the company's balance sheet. Investors also form their own opinion of ONEOK's value that differs from its market value or its book value, called intrinsic value, which is ONEOK's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because ONEOK's market value can be influenced by many factors that don't directly affect ONEOK's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between ONEOK's value and its price as these two are different measures arrived at by different means. Investors typically determine if ONEOK is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ONEOK's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.