ONEOK to Acquire Strategic Gulf Coast NGL Pipelines for $280 million
OKEONEOK(OKE) Prnewswire·2024-05-13 20:00

Accelerates Commercial Synergies From Magellan Acquisition TULSA, Okla., May 13, 2024 /PRNewswire/ -- ONEOK, Inc. (NYSE: OKE) today announced that it has agreed to acquire a system of natural gas liquids (NGL) pipelines from Easton Energy, a Houston-based midstream company, for approximately $280 million, subject to customary purchase price adjustments. The transaction includes approximately 450 miles of NGL pipelines located in the strategic Gulf Coast market centers for NGLs, refined products and crude oi ...