OKE News and Press, ONEOK Inc. From 05/22/23

ONEOK Announces Retirement of Stephen B. Allen, Senior Vice President, General Counsel and Assistant Secretary PR Newswire Allen to Pursue Ministry Opportunity TULSA, Okla. , May 22, 2023 /PRNewswire/ -- ONEOK, Inc. (NYSE: OKE) today announced that Step...

2023-05-20 07:54:39 ET Listen on the go! A daily podcast of Wall Street Breakfast will be available this morning on Seeking Alpha , iTunes , Stitcher and Spotify . For further details see: Wall Street Breakfast: What Moved Markets

2023-05-18 14:56:20 ET Summary May started off on a bit of a sour note, with the broader indexes giving up some of their gains. Declining prices have helped push up dividend yields across the board as share prices fall. This month there was a heavy focus on energy names as fiv...

2023-05-18 11:48:08 ET Summary Major transaction news hit the midstream industry on May 14, 2023. MMP is set to be acquired by ONEOK in a stock-and-cash deal worth $19B. The acquisition is set to result in the creation of one of the largest midstream-focused energy companies i...

2023-05-18 07:15:00 ET Summary ONEOK, Inc. is buying Magellan Midstream Partners, L.P. for $18.8 billion in one of the best deals I've ever seen for midstream investors on both sides. ONEOK offered to buy Magellan at fair value and could close the deal at an 8% discount. Inclu...

2023-05-17 13:03:01 ET Summary Midstream partnerships have long been an excellent investment vehicle for anyone seeking income due to their high yields and general stability. ClearBridge Energy Midstream Opportunity Fund invests in a portfolio of these companies that includes most...

2023-05-17 07:10:00 ET Pipeline giant ONEOK (NYSE: OKE) is making a big splash. It's acquiring master limited partnership (MLP) Magellan Midstream Partners (NYSE: MMP) in an $18.8 billion deal. While the combination isn't a perfect strategic fit, it will si...

2023-05-17 04:57:48 ET Summary ONEOK has agreed to acquire Magellan Midstream Partners in a transaction valued at $18.8 billion, causing ONEOK shares to plunge 9.1% and Magellan shares to surge 13%. The deal includes $5.1 billion in cash, $8.8 billion in ONEOK equity, and $5 billi...

2023-05-17 00:00:00 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...

2023-05-16 12:20:44 ET Summary ONEOK, Inc.’s acquisition of Magellan Midstream Partners, L.P. is good for ONEOK shareholders. The deal is not as good for Magellan unitholders, but allows for an exit into an attractive combined entity. The selloff in ONEOK shares is a bu...