ONEOK Completes NGL Fractionation & Pipeline Expansion Projects [Yahoo! Finance]
ONEOK, Inc. (OKE)
Last oneok, inc. earnings: 4/28 04:15 pm
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Source: Yahoo! Finance
The completion of these important NGL projects demonstrates the company's dedication to meeting its customers' needs by providing reliable midstream solutions. Completion of MB-6 should increase the company's fractionation capacity to more than 1 million bpd, reducing the need for third-party fractionation and improving ONEOK's ability to meet the growing market demand for NGL. Completing the full looping of the West Texas NGL pipeline system should increase the capacity to 515,000 bpd. Additional pump stations, expected to be completed in mid-2025, should further increase system capacity to 740,000 bpd. According to a Market Research Future report, the global NGL market will register a CAGR of 5.7% during 2023-2032 and is estimated to reach $32.6 billion by 2032. The global NGL market is influenced by natural gas production levels, energy demand, economic growth, technological advancements in extraction and processing, and shifts in supply and demand dynamics. Along with O
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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