Derek Reiners - ONEOK Senior Vice President - Finance, Treasurer

OKE Stock  USD 77.68  0.60  0.78%   

President

Mr. Derek S. Reiners, CPA, is Senior Vice President Finance, Treasurer of Oneok Inc., and Oneok Partners GP, L.L.C., a subsidiary of the Company. He previously served as senior vice president, chief financial officer and treasurer, after serving as senior vice president and chief accounting officer, since joining the company in 2009. Previously, he worked for Grant Thornton LLP in Tulsa and Dallas, Texas, where he was a partner and served as the north Texas energy industry practice leader. He also worked for Arthur Andersen LLP in various roles with increasing levels of responsibility. A certified public accountant and a member of the American Institute of Certified Public Accountants, Reiners earned a BS degree in business administration in 1993 from Oklahoma State University in Stillwater with majors in finance and economics. He earned a masters degree in accounting in 1999 from Oklahoma State University. since 2017.
Age 46
Tenure 7 years
Professional MarksCPA
Address 100 West Fifth Street, Tulsa, OK, United States, 74103
Phone918 588 7000
Webhttps://www.oneok.com/

Derek Reiners Latest Insider Activity

Tracking and analyzing the buying and selling activities of Derek Reiners against ONEOK stock is an integral part of due diligence when investing in ONEOK. Derek Reiners insider activity provides valuable insight into whether ONEOK is net buyers or sellers over its current business cycle. Note, ONEOK insiders must abide by specific rules, including filing SEC forms every time they buy or sell ONEOK'sshares to prevent insider trading or benefiting illegally from material non-public information that their positions give them access to.

ONEOK Management Efficiency

The company has Return on Asset of 0.0628 % which means that on every $100 spent on assets, it made $0.0628 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.2314 %, implying that it generated $0.2314 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.
The company 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. Debt can assist ONEOK until it has trouble settling it off, either with new capital or with free cash flow. So, ONEOK's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like ONEOK Inc sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for ONEOK to invest in growth at high rates of return. When we think about ONEOK's use of debt, we should always consider it together with cash and equity.

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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.
Brian Derksen, Independent Director
Pierce Norton, President, Chief Executive Officer, Director
Stephen Lake, Sr. VP, General Counsel and Assistant Secretary
Kevin Burdick, Executive Vice President, Chief Commercial Officer
Gerald Smith, Independent Director
Randall Larson, Independent Director
Stephen JD, Gen VP
Julie Edwards, Lead Independent Director
Wesley Christensen, Senior Vice President Operations
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
Sheppard Miers, Chief Accounting Officer, Vice President of the Company and Oneok Partners
Pattye Moore, Independent Director
Walter Hulse, Chief Financial Officer, Executive Vice President - Strategic Planning and Corporate Affairs, Treasurer
Scott Schingen, Senior Operations
Wesley Christenson, Senior Vice President - Operations
James Mogg, Lead Independent Director
James Day, 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
Derek Reiners, Senior Vice President - Finance, Treasurer
T Eureste, IR Contact Officer
Michael Fitzgibbons, Senior Vice President - Natural Gas Gathering and Processing
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
Jim Mogg, Lead Independent Director
Kevin McCarthy, Director
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.

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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 tightly coupled with the direction of predictive economic indicators such as signals in industry.
You can also try the Transaction History module to view history of all your transactions and understand their impact on performance.

Complementary Tools for ONEOK Stock analysis

When running ONEOK's price analysis, check to measure ONEOK's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy ONEOK is operating at the current time. Most of ONEOK's value examination focuses on studying past and present price action to predict the probability of ONEOK's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ONEOK's price. Additionally, you may evaluate how the addition of ONEOK to your portfolios can decrease your overall portfolio volatility.
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Is ONEOK's industry 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
0.09
Dividend Share
3.855
Earnings Share
5.48
Revenue Per Share
36.5
Quarterly Revenue Growth
0.04
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.