SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
FORM 8-K
Current Report
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of
1934
December 30, 1994
(Date of report)
ONEOK Inc.
(Exact name of registrant as specified in its charter)
Delaware 1-2572 73-0383100
(State or other jurisdiction (Commission (IRS Employer
of incorporation) File Number) Identification No.)
100 West Fifth Street Tulsa, OK 74103
(Address of principal executive offices)
(918) 588-7000
(Registrant's telephone number, including area code)
Page 1 of 3
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Item 5. Other Information.
On December 30, 1994, Oklahoma Natural Gas Company, a division of
ONEOK Inc., filed an application with the Oklahoma Corporation
Commission seeking a $36.4 million rate increase. The Company's
application requests a rate of return on rate base of 10.997
percent and a return on common equity of 13.2 percent. The
Company is also seeking Commission approval to restructure the
method in which it handles revenues from its largest customers,
to implement an incentive ratemaking plan and a weather
normalization plan, and to recover postretirement benefit costs
required by Statement of Financial Accounting Standard No. 106.
Under the incentive ratemaking plan, the Company would be allowed
to make limited rate adjustments tied to costs as reflected by
the Consumer Price Index, reduced by an adjustment for a
productivity target. Under the plan, the Company would agree not
to seek a general rate increase for a period of at least three
years.
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SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of
1934, the registrant has duly caused this report to be signed on
its behalf by the undersigned thereunto duly authorized, on this
5th day of January, 1995.
ONEOK Inc.
By: (J. D. NEAL)
J. D. Neal
Vice President, Chief
Financial Officer, and
Treasurer
