<ARTICLE> 5 <LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE CONSOLIDATED CONDENSED STATEMENT OF INCOME FOR THE 1997 FISCAL YEAR ENDED FEBRUARY 28, 1997, AND THE CONSOLIDATED CONDENSED BALANCE SHEET AT FEBRUARY 28, 1997, FOR ONEOK INC. AND SUBSIDIARIES AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS. </LEGEND> <MULTIPLIER> 1,000 <PERIOD-TYPE> YEAR <FISCAL-YEAR-END> AUG-31-1997 <PERIOD-START> SEP-01-1996 <PERIOD-END> FEB-28-1997 <CASH> 6,095 <SECURITIES> 0 <RECEIVABLES> 232,948 <ALLOWANCES> 0 <INVENTORY> 50,932 <CURRENT-ASSETS> 317,550 <PP&E> 1,386,538 <DEPRECIATION> 561,558 <TOTAL-ASSETS> 1,333,414 <CURRENT-LIABILITIES> 257,835 <BONDS> 0 <PREFERRED-MANDATORY> 222,178 <PREFERRED> 0 <COMMON> 9,000 <OTHER-SE> 241,402 <TOTAL-LIABILITY-AND-EQUITY> 1,333,414 <SALES> 0 <TOTAL-REVENUES> 722,404 <CGS> 0 <TOTAL-COSTS> 622,669 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 17,838 <INCOME-PRETAX> 81,997 <INCOME-TAX> 31,481 <INCOME-CONTINUING> 50,416 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 50,416 <EPS-PRIMARY> 1.84 <EPS-DILUTED> 1.84