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ONEOK Announces Refined Products Pipeline Expansion to the Greater Denver Area
Prnewswire· 2024-07-19 04:15
Includes Expanded Connectivity with Denver International AirportTULSA, Okla., July 18, 2024 /PRNewswire/ -- ONEOK, Inc. (NYSE: OKE) today announced plans to expand its pipeline capacity connecting Mid-Continent and Gulf Coast refined products supply with the greater Denver area to meet growing demand and increase connectivity with Denver International Airport (DIA).The project includes construction of a new 230-mile, 16-inch diameter pipeline from Scott City, Kansas, to DIA and the addition or upgrading of ...
Oneok Inc. (OKE) Ascends While Market Falls: Some Facts to Note
ZACKS· 2024-07-18 07:21
Oneok Inc. (OKE) closed the most recent trading day at $85.37, moving +0.36% from the previous trading session. The stock outpaced the S&P 500's daily loss of 1.39%. On the other hand, the Dow registered a gain of 0.6%, and the technology-centric Nasdaq decreased by 2.77%.Shares of the natural gas company have appreciated by 6.25% over the course of the past month, outperforming the Oils-Energy sector's loss of 7.9% and the S&P 500's gain of 4.43%.Investors will be eagerly watching for the performance of On ...
ONEOK Declares Quarterly Dividend
Prnewswire· 2024-07-18 04:15
TULSA, Okla., July 17, 2024 /PRNewswire/ -- The board of directors of ONEOK, Inc. (NYSE: OKE) today declared a quarterly dividend of 99 cents per share, unchanged from the previous quarter, resulting in an annualized dividend of $3.96 per share.The dividend is payable Aug. 14, 2024, to shareholders of record at the close of business Aug. 1, 2024.At ONEOK (NYSE: OKE), we deliver energy products and services vital to an advancing world. We are a leading midstream operator that provides gathering, processing, ...
ONEOK (OKE) Rides on Midstream Assets & Fee-Based Earnings
ZACKS· 2024-07-18 00:21
ONEOK Inc. (OKE) stands to benefit from higher fee-based earnings and midstream assets located in productive regions. The company also continues to gain from a diverse customer base.However, this Zacks Rank #2 (Buy) company faces risks related to intense competition in the pipeline business.TailwindsWith production volumes resuming normalcy, ONEOK is poised to benefit from long-term fee-based commitments in each of its three segments. More than 86% of OKE’s 2023 earnings were fee-based, and it expects more ...
ONEOK Second Quarter 2024 Conference Call and Webcast Scheduled
Prnewswire· 2024-07-09 04:15
TULSA, Okla., July 8, 2024 /PRNewswire/ -- ONEOK, Inc. (NYSE: OKE) will release second quarter 2024 earnings after the market closes on Aug. 5, 2024. ONEOK's executive management will participate in a conference call the following day.What:     ONEOK second quarter 2024 earnings conference call and webcast When:   11 a.m. Eastern, Aug. 6, 2024 10 a.m. Central Where:     1) Phone conference call dial 877-883-0383, entry number 8109595 2) Log on to the webcast at www.oneok.com If you are unable to participate ...
Oneok Inc. (OKE) Increases Despite Market Slip: Here's What You Need to Know
ZACKS· 2024-06-29 07:20
In the latest trading session, Oneok Inc. (OKE) closed at $81.55, marking a +0.99% move from the previous day. This move outpaced the S&P 500's daily loss of 0.41%. Elsewhere, the Dow saw a downswing of 0.12%, while the tech-heavy Nasdaq depreciated by 0.71%. Prior to today's trading, shares of the natural gas company had gained 1.01% over the past month. This has outpaced the Oils-Energy sector's loss of 1.17% and lagged the S&P 500's gain of 3.53% in that time. Analysts and investors alike will be keeping ...
Magellan Midstream's 2023 Schedule K-3 Now Available
Prnewswire· 2024-06-19 04:15
TULSA, Okla., June 18, 2024 /PRNewswire/ -- ONEOK, Inc. (NYSE: OKE) today announced that the 2023 Schedule K-3s for Magellan Midstream Partners, L.P. (Magellan), reflecting items of international tax relevance, are now available online. Former Magellan unitholders requiring this information may access their Schedule K-3 at www.taxpackagesupport.com/mmp. A limited number of investors (primarily foreign unitholders, unitholders computing a foreign tax credit on their tax return and certain corporate and/or pa ...
ONEOK (OKE) Acquires Easton's NGL Pipeline System for $280M
ZACKS· 2024-06-19 02:25
ONEOK, Inc. (OKE) announced the completion of its previously announced acquisition of a system of natural gas liquids (NGL) pipelines from Easton Energy for nearly $280 million. The company had announced this deal in May 2024. The deal comprises around 450 miles of pipelines for liquid products, including crude oil, refined products and NGLs, that are situated in the strategic Gulf Coast market centers. OKE has plans to connect the pipelines to its Mont Belvieu, TX, NGL infrastructure and ONEOK's Houston re ...
Oneok Inc. (OKE) Laps the Stock Market: Here's Why
ZACKS· 2024-06-18 07:20
Oneok Inc. (OKE) closed the most recent trading day at $79.05, moving +1.22% from the previous trading session. The stock's performance was ahead of the S&P 500's daily gain of 0.77%. At the same time, the Dow added 0.49%, and the tech-heavy Nasdaq gained 0.95%. The the stock of natural gas company has fallen by 5.48% in the past month, leading the Oils-Energy sector's loss of 7.24% and undershooting the S&P 500's gain of 3.71%. The investment community will be paying close attention to the earnings perform ...
ONEOK to Participate in J.P. Morgan Energy, Power and Renewables Conference
Prnewswire· 2024-06-18 04:15
TULSA, Okla., June 17, 2024 /PRNewswire/ -- ONEOK, Inc. (NYSE: OKE) will participate in investor meetings at the J.P. Morgan Energy, Power and Renewables Conference on June 18, 2024, in New York. ONEOK's latest investor materials are available at www.oneok.com. At ONEOK (NYSE: OKE), we deliver energy products and services vital to an advancing world. We are a leading midstream operator that provides gathering, processing, fractionation, transportation and storage services. Through our more than 50,000-mile ...