ONEOK, Inc. has seen a mixture of financial increases and share sell-off. A number of investment firms have varied their stakes in the company, with some purchasing incremental amounts of shares, and others reducing their holdings. In addition, the company has released their
2025 Financial Guidance and given a development outlook for 2026, which shows it benefiting from its fee-based earnings and expansion strategies. A series of important corporate decisions, including undertaking strategic acquisitions such as
Medallion Midstream, and
EnLink Midstream, as well as selling its interstate natural gas pipelines, are noteworthy. Other significant news include joint operations with
MPLX to erect an LPG export terminal in a premier U.S. Gulf Coast site and closing the purchase of a controlling stake in EnLink from
Global Infrastructure Partners. The corporation has met or outpaced revenue and earnings forecasts, resulting in an increase in its quarterly dividend. However, the inclusion of market downturn impacts on its stock prices is also mentioned.
Oneok OKE News Analytics from Wed, 17 Jul 2024 07:00:00 GMT to Sat, 22 Mar 2025 20:46:35 GMT -
Rating 6
- Innovation 7
- Information 8
- Rumor 5
