ONEOK, Inc. (NYSE: OKE) operates a North American midstream energy infrastructure business that provides gathering, processing, fractionation, transportation, storage and marine export services. Its network transports natural gas, natural gas liquids, refined products and crude oil across an integrated pipeline system.
Recurring ONEOK news covers quarterly dividends, earnings releases and financial guidance, throughput trends in natural gas liquids and refined products, investor presentations, annual meeting matters and board governance changes. Company updates also address the operating role of its pipeline, storage and export assets within domestic and international energy markets.
ONEOK (NYSE: OKE) declared a quarterly dividend of $1.07 per share, payable Nov. 16, 2026, unchanged from the previous quarter. The dividend represents an annualized amount of $4.28 per share. Shareholders of record at the close of business Nov. 2, 2026, will receive the payment.
Brazos Midstream completed the sale of its Midland Basin natural gas gathering and processing assets to ONEOK (OKE) for $4.425 billion.
The sold system includes approximately 700 miles of natural gas gathering pipelines and 1.1 billion cubic feet per day of combined processing capacity, including capacity currently under construction to support producer growth. Brazos expanded its Midland Basin operations over the last four years.
Earlier this year, Brazos also completed the sale of its Delaware Basin assets to Western Midstream Partners. That system included approximately 900 miles of gathering pipeline and 460 million cubic feet per day of processing capacity.
ONEOK (OKE) completed its acquisition of Brazos Midstream’s Permian Midland Basin natural gas gathering and processing assets for approximately $4.425 billion. The consideration was paid in cash. The acquisition more than doubles ONEOK’s Midland Basin processing capacity to approximately 2.3 billion cubic feet per day, including facilities currently under construction.
The system is supported by approximately 600,000 dedicated acres under long-term fixed-fee contracts, with a weighted-average remaining term of more than 12 years. ONEOK said the assets provide opportunities for future growth and enhance its ability to connect increasing natural gas and natural gas liquids production across its integrated system. The disclosed capacity includes unfinished facilities, not solely operating capacity.
ONEOK (OKE) will release third-quarter 2026 earnings after the market closes on Oct. 27, 2026, followed by a management conference call.
The call and webcast are scheduled for Oct. 28, 2026, at 11 a.m. Eastern (10 a.m. Central). The webcast will be available at www.oneok.com, where a recording will remain available for one year.
ONEOK (OKE) closed a previously announced $9 billion minority equity investment from funds and affiliates managed by Apollo (APO) on September 10, 2026.
Under the agreement, Apollo invested $9 billion in exchange for a nonvoting Class B minority interest in a newly formed holding company, ONEOK Holdings, L.L.C., which is structurally subordinate to ONEOK’s debt. ONEOK’s credit rating agencies have reviewed the minority equity investment and all consider the transaction to be credit-enhancing for the company.
ONEOK (NYSE: OKE) commenced cash tender offers to repurchase up to an aggregate principal amount of 20 series of outstanding senior notes, capped so that the aggregate purchase price does not exceed $2 billion (the “Aggregate Maximum Tender Amount”), as part of a previously announced $5 billion senior debt repayment plan.
Acceptance will follow specified Acceptance Priority Levels (1–20), with early tenders prioritized. Holders who tender by 5:00 p.m. ET on September 14, 2026 receive an Early Tender Consideration based on a fixed spread over designated U.S. Treasury yields plus a $50 per $1,000 Early Tender Premium. The Early Settlement Date is expected on September 17, 2026; the Final Settlement Date on October 1, 2026. The tender offers are conditioned, among other things, on consummation of a minority equity investment in ONEOK by Apollo Global Management and related reorganization transactions under which Falcon Merger Sub will assume the notes.
ONEOK (NYSE: OKE) agreed to acquire Brazos Midstream's Permian Midland Basin natural gas gathering and processing assets for $4.425 billion in cash. The deal will be funded by a $9 billion nonvoting minority equity investment in ONEOK from funds managed by Apollo (NYSE: APO).
According to ONEOK, about $5 billion of the Apollo proceeds will be used to extinguish existing debt, targeting pro forma 2027 leverage of roughly 3.25x debt-to-EBITDA with no common equity issuance. The transaction is expected to be immediately accretive to earnings and free cash flow per share and support the high end of ONEOK's mid- to high-single-digit adjusted EBITDA growth target over the next five to seven years.
The Brazos Midland system adds roughly 600,000 dedicated acres under long-term fixed-fee contracts, is expected to reach 1.2 Bcf/d of processing capacity after the Cassidy II plant startup, and will more than double ONEOK's Midland Basin processing capacity to about 2.3 Bcf/d, including plants under construction.
ONEOK (NYSE: OKE) announced the release of its annual Corporate Sustainability Report, which is now available on the company’s website, www.oneok.com. The report follows ONEOK’s role as a leading midstream operator with an approximately 60,000-mile pipeline network transporting natural gas, NGLs, refined products and crude oil. Headquartered in Tulsa, Oklahoma, ONEOK highlights its focus on providing safe, reliable and responsible energy solutions to meet domestic and international demand.
ONEOK (NYSE: OKE) declared a quarterly dividend of $1.07 per share, unchanged from the prior quarter, equivalent to an annualized $4.28 per share. The dividend is payable on Aug. 14, 2026, to shareholders of record as of Aug. 3, 2026.
ONEOK (NYSE: OKE) will release its second-quarter 2026 earnings after the market closes on Aug. 3, 2026, and host an earnings conference call and webcast on Aug. 4 at 11 a.m. Eastern.
Investors can join via phone, webcast, or access a one-year online replay.