OKE News and Press, ONEOK Inc. From 05/15/23

2023-05-15 08:24:37 ET Athenex ( ATNX ) -60% after bankruptcy filing . Larimar Therapeutics ( LRMR ) -34% reports preliminary top-line data from phase 2 trial’s 25 mg cohort showing increases in frataxin levels in patients with Friedreich’s Ataxia...

2023-05-15 08:06:21 ET The futures were pointing to a higher open on Monday following uncertain trading last week. Worries about the debt ceiling and the future of Federal Reserve policy have led to choppy action on Wall Street. Here are some stocks to watch on Monday: monday.com ( ...

2023-05-15 07:37:54 ET Summary ONEOK is acquiring Magellan Midstream Partners. I believe this is a nice win for ONEOK shareholders. Providing diversification and growing free cash flow per share potential. ONEOK is determined to keep its dividend payout ratio at less than 85%,...

2023-05-15 07:20:14 ET Listen on the go! Subscribe to Wall Street Breakfast on Apple Podcasts and Spotify Media struggles see Vice ( VICEM ) file for bankruptcy protection . Oneok ( OKE ) to buy Magellan Midstream Partners ( MMP ) in a deal valued at ...

2023-05-15 04:47:57 ET Oneok ( NYSE: OKE ) stock price has moved sideways in the past few days as crude oil and natural gas prices retreats. The stock was trading at $63 on Friday, 31% above the lowest level in  2022. Now, the $28 billion company has agreed to acquire M...

2023-05-14 18:39:53 ET Oneok ( NYSE: OKE ) said Sunday it agreed to acquire Magellan Midstream Partners ( MMP ) in a cash and stock deal valued at ~$18.8B including assumed debt, resulting in a combined company with a $60B total enterprise value. The consideration will c...

ONEOK to Acquire Magellan Midstream Partners in Transaction Valued at $18.8 billion PR Newswire Brings together two premier energy infrastructure businesses with strong returns on invested capital and diverse free cash flow generation Expect to achieve immediate financ...

2023-05-12 09:00:00 ET Summary Management has delivered on its promises by increasing its distribution back to its previous levels and has now implemented 3-5% of annual growth going forward. Energy Transfer has repaid over $4 billion of its total debt since 2020 while acquiring E...

2023-05-10 08:00:00 ET Summary A constructive midstream earnings season was unfortunately easily lost amid last week’s macro headlines and a challenging energy tape. Most midstream MLPs and corporations reported better-than-expected results with constructive outlooks and a ...

2023-05-07 08:00:00 ET Stock Traders Daily has produced this trading report using a proprietary method.  This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This...