ONEOK Announces Closing of Medallion Midstream Acquisition
ONEOK, Inc. (OKE)
Last oneok, inc. earnings: 4/28 04:15 pm
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ir.oneok.com/news-and-events/events-and-presentations
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Source: PR Newswire
Completes Acquisition of the Largest Privately Held Crude Oil Gathering and Transportation System in the Permian's Midland Basin TULSA, Okla., Oct. 31, 2024 /PRNewswire/ -- ONEOK, Inc. (NYSE: OKE) today announced the successful completion of its acquisition of Medallion Midstream (Medallion) from Global Infrastructure Partners, for a total cash consideration of approximately $2.6 billion."With the acquisition of Medallion, the largest privately held crude gathering and transportation system in the Permian's Midland Basin, we continue our demonstrated track record of intentional and disciplined growth," said Pierce H. Norton II, ONEOK president and chief executive officer. "This acquisition further diversifies ONEOK's asset portfolio and adds an expansive and well-connected crude oil gathering system to our Permian Basin platform."We expect to drive meaningful commercial synergies from these complementary assets, which already connect with ONEOK's long-haul crude oil pipelines out of t
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News
- Institutional investors in ONEOK, Inc. (NYSE:OKE) lost 6.4% last week but have reaped the benefits of longer-term growth [Yahoo! Finance]Yahoo! Finance
- ONEOK, Inc. (NYSE: OKE) was downgraded by analysts at Wells Fargo & Company from an "overweight" rating to an "equal weight" rating. They now have a $107.00 price target on the stock.MarketBeat
- Is Nuveen ESG Mid-Cap Value ETF (NUMV) a Strong ETF Right Now? [Yahoo! Finance]Yahoo! Finance
- ONEOK to Participate in Investor Conference [Yahoo! Finance]Yahoo! Finance
- ONEOK to Participate in Investor ConferencePR Newswire
OKE
Earnings
- 10/29/24 - Miss
OKE
Sec Filings
- 12/11/24 - Form 8-K
- 12/9/24 - Form S-4
- 12/5/24 - Form 8-K
- OKE's page on the SEC website