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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OKE
News
- ONEOK, Inc. (NYSE: OKE) had its price target raised by analysts at Barclays PLC from $94.00 to $99.00. They now have an "equal weight" rating on the stock.MarketBeat
- ONEOK, Inc. (NYSE: OKE) had its price target raised by analysts at Wells Fargo & Company from $100.00 to $107.00. They now have an "overweight" rating on the stock.MarketBeat
- ONEOK, Inc. (NYSE: OKE) had its price target raised by analysts at Truist Financial Co. from $83.00 to $99.00. They now have a "hold" rating on the stock.MarketBeat
- ONEOK, Inc. 2024 Q3 - Results - Earnings Call Presentation [Seeking Alpha]Seeking Alpha
- ONEOK Announces Higher Third Quarter 2024 Earnings; Increases 2024 Financial GuidancePR Newswire
OKE
Earnings
- 10/29/24 - Miss
OKE
Sec Filings
- 10/31/24 - Form 8-K
- 10/30/24 - Form 10-Q
- 10/29/24 - Form 8-K
- OKE's page on the SEC website