Oneok Inc Stock Price, News & Analysis

ONEOK (NYSE: OKE), a leading North American midstream operator, has announced its participation in an upcoming investor conference. The company will engage in a fireside chat session on September 3, 2025, at 2:25 p.m. Eastern Time.

ONEOK operates an extensive 60,000-mile pipeline network providing gathering, processing, fractionation, transportation, storage, and marine export services for natural gas, NGLs, refined products, and crude oil. As an S&P 500 company headquartered in Tulsa, Oklahoma, ONEOK plays a crucial role in delivering energy products and services across the United States and internationally.

ONEOK (NYSE: OKE) has announced a significant joint venture to construct the Eiger Express Pipeline, a major natural gas transportation infrastructure project. The 450-mile, 42-inch pipeline will transport 2.5 billion cubic feet per day of natural gas from the Permian Basin to the Gulf Coast region.

The project is backed by 10+ year firm transportation agreements and involves multiple partners, with ONEOK holding a 25.5% total ownership interest. The pipeline will connect to processing facilities and deliver to both the Katy area near Houston and the Corpus Christi market. WhiteWater will manage construction and operations, with completion expected in mid-2028.

Enbridge (NYSE:ENB) and its partners have reached a final investment decision to construct the Eiger Express Pipeline, a major natural gas transportation infrastructure project. The pipeline will transport 2.5 billion cubic feet per day of natural gas through 450 miles of 42-inch pipeline from the Permian Basin to the Katy area.

The project is a joint venture between WhiteWater, MPLX LP, ONEOK, and Enbridge through their Matterhorn JV (70% ownership), with additional direct stakes held by ONEOK (15%) and MPLX (15%). The pipeline will source supply from multiple Permian Basin connections and is expected to be operational by mid-2028, subject to regulatory approvals.

ONEOK (NYSE: OKE) has published its 17th annual Corporate Sustainability Report, showcasing the company's environmental, social, and governance initiatives. As a leading midstream operator, ONEOK maintains an extensive 60,000-mile pipeline network for transporting natural gas, natural gas liquids (NGLs), refined products, and crude oil.

The company plays a crucial role in North American energy infrastructure, providing gathering, processing, fractionation, transportation, storage, and marine export services. ONEOK's operations support domestic and international energy demand while focusing on safe and reliable energy solutions.

ONEOK (NYSE: OKE) has announced a significant $3.0 billion senior notes offering structured in three tranches: $750 million of 7-year notes at 4.95%, $1.0 billion of 10-year notes at 5.40%, and $1.25 billion of 30-year notes at 6.25%.

The company expects to receive net proceeds of approximately $2.96 billion after deducting expenses. The funds will be used to repay outstanding commercial paper, settle senior notes due September 15, 2025, and for general corporate purposes, including potential repurchase or redemption of existing notes. The offering is expected to close around August 12, 2025.

ONEOK (NYSE: OKE) reported strong second quarter 2025 financial results, with net income of $853 million and adjusted EBITDA of $1.98 billion. The company's performance was driven by strategic acquisitions, including EnLink and Medallion, and showed an 11% increase in Rocky Mountain region NGL raw feed throughput volumes.

Key financial achievements include net income attributable to ONEOK of $841 million ($1.34 per diluted share) and debt reduction through the repayment of nearly $600 million in senior notes. The company maintained its 2025 financial guidance ranges and declared a quarterly dividend of $1.03 per share.

Notable transactions include acquiring the remaining 49.9% interest in Delaware Basin JV and an additional 30% stake in BridgeTex Pipeline, increasing ownership to 60%. The company's strong balance sheet features no borrowings under its $3.5 billion credit agreement and $97 million in cash.

ONEOK (NYSE: OKE) has announced its quarterly dividend declaration. The company's board of directors has maintained the quarterly dividend at $1.03 per share, which translates to an annualized dividend of $4.12 per share. The dividend will be paid on August 14, 2025, to shareholders of record as of August 1, 2025.

ONEOK operates as a leading midstream operator in North America, managing approximately 60,000 miles of pipeline network for transporting natural gas, natural gas liquids (NGLs), refined products, and crude oil. The company plays a crucial role in domestic and international energy infrastructure as an S&P 500 member headquartered in Tulsa, Oklahoma.

ONEOK (NYSE: OKE), a leading midstream energy infrastructure operator, has scheduled its second quarter 2025 earnings release and conference call. The company will release its Q2 2025 earnings after market close on August 4, 2025, followed by a conference call on August 5, 2025 at 11 a.m. Eastern time.

The conference call will be accessible via phone at 877-883-0383 (entry number 9706904) and through a webcast on www.oneok.com. A replay will be available on ONEOK's website for one year and via phone for seven days using 877-344-7529 (access code 4363302).

ONEOK (NYSE: OKE) has acquired the remaining 49.9% interest in Delaware G&P LLC from NGP XI Midstream Holdings for $940 million, combining $530 million in cash and $410 million in ONEOK common stock. The transaction, completed on May 28, 2025, gives ONEOK full ownership of Delaware Basin JV, which operates natural gas gathering and processing facilities in the Delaware Basin across West Texas and New Mexico. The facilities boast a significant processing capacity exceeding 700 million cubic feet per day. This strategic acquisition strengthens ONEOK's position as a leading midstream operator with a 60,000-mile pipeline network, providing essential energy infrastructure services including gathering, processing, fractionation, transportation, storage, and marine export services across North America.