What is ONEOK Total Electric Transmission Line Miles?
Transmission lines connect generating plants and substations that deliver power to customers. Usually called conductors, they are usually sets of wires. Longer the electric transmission line miles, larger the area the company would cover, which might lead to a higher electricity generation and a higher revenue.
The historical rank and industry rank for ONEOK's Total Electric Transmission Line Miles or its related term are showing as below:
OKE's Total Electric Transmission Line Miles is not ranked *
in the Oil & Gas industry.
Industry Median: * Ranked among companies with meaningful Total Electric Transmission Line Miles only.
ONEOK Total Electric Transmission Line Miles Historical Data
The historical data trend for ONEOK's Total Electric Transmission Line Miles can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
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ONEOK Total Electric Transmission Line Miles Chart
Competitive Comparison of ONEOK's Total Electric Transmission Line Miles
For the Oil & Gas Midstream subindustry, ONEOK's Total Electric Transmission Line Miles, along with its competitors' market caps and Total Electric Transmission Line Miles data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
ONEOK (NYSE:OKE) Total Electric Transmission Line Miles Explanation
Transmission lines are a high voltage line that carries electricity from power plants to the substations. From there, electricity is further distributed to various areas for different purposes. Transmission lines and distribution lines make up the entire electricity grid, which consists of hundreds of thousands miles of high-voltage power lines and millions of miles of low-voltage power lines. Distribution transformers connect thousands of power plants to hundreds of millions of electricity customers all across the country.
Longer electric transmission line miles indicate a larger area / more customers the company would cover, which might lead to a higher electricity generation and a higher revenue.
The origin of the electricity that consumers purchase varies. Some electric utilities generate all the electricity they sell using just the power plants they own. Other utilities purchase electricity from others such as power marketers and independent power producers or from a wholesale market organized by a regional transmission reliability organization.
Another similar term is Total Electric Distribution Line Miles. The difference between a transmission and a distribution line is that a transmission line helps in the movement of electricity from a power plant or power station to the various substations whereas the distribution line carries electricity from the substation to consumers.
ONEOK Total Electric Transmission Line Miles Related Terms
Thank you for viewing the detailed overview of ONEOK's Total Electric Transmission Line Miles provided by GuruFocus.com. Please click on the following links to see related term pages.
Oneok provides natural gas gathering, processing, storage, and transportation as well as natural gas liquids transportation and fractionation. It owns extensive assets in the midcontinent, Permian, and Rocky Mountain regions.
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