OKE News and Press, ONEOK Inc. From 06/28/23

2023-06-28 16:50:45 ET Energy ( NYSEARCA: XLE ) ended at the top of Wednesday's sector standings, +1% while the broader stock market finished flat, as a bigger than expected weekly draw for U.S. crude oil stockpiles offset concerns that further interest rate hikes could slow...

ONEOK and Magellan Announce Expiration of Hart-Scott-Rodino Act Waiting Period PR Newswire TULSA, Okla. , June 27, 2023 /PRNewswire/ -- ONEOK, Inc. (NYSE: OKE) ("ONEOK") and Magellan Midstream Partners, L.P. (NYSE: MMP) ("Magellan") today announced the expir...

2023-06-27 05:05:20 ET Summary NuStar Energy has been in a bind for some time. Slower Permian growth and the pandemic have really pressured the balance sheet. The ONEOK buyout offer for Magellan provides an interesting comp. Beyond that valuation, NuStar's opportunities in ren...

2023-06-26 18:55:40 ET Oneok's ( NYSE: OKE ) $18.8B takeover offer for Magellan Midstream Partners ( NYSE: MMP ) that would create one of the largest energy pipeline operators initially looked like a sure thing, but may have just a 50-50 chance of getting completed based...

2023-06-26 13:02:14 ET Summary Oil prices could reach $100 a barrel if central banks ease monetary policies in response to deteriorating macroeconomic indicators. The U.S. Strategic Petroleum Reserve's inventories are near record lows, and geopolitical tensions or unexpected event...

2023-06-23 13:56:49 ET Summary ONEOK, Inc. is facing opposition in its bid to acquire Magellan Midstream Partners, L.P. from the latter's equity owners. Magellan Midstream Partners units are a Sell or Hold, depending on the tax impact for its investors. ONEOK, Inc. shares are ...

2023-06-22 15:03:14 ET Summary Kinder Morgan is now facing both a decline in energy-related sales and rising interest expense, similar to the bearish setup of 2015, which could negatively impact its stock price. The company's high debt level during a period of rising interest rate...

2023-06-21 09:00:00 ET Summary Energy Income Partners opposes ONEOK's acquisition of Magellan Midstream Partners due to tax consequences and potential loss of value. The acquisition would create a larger energy infrastructure footprint in Middle America, making it more attractive ...

ONEOK to Participate in J.P Morgan Energy, Power and Renewables Conference PR Newswire TULSA, Okla. , June 20, 2023 /PRNewswire/ -- ONEOK, Inc. (NYSE: OKE) will participate in investor meetings at the J.P. Morgan Energy, Power and Renewables Conference on ...

2023-06-20 08:00:00 ET Summary Retiring on dividends provides a more predictable and reliable passive income compared to relying on portfolio size. Enterprise Products Partners and ONEOK are two stocks that offer high current yields and solid growth potential. We compare them ...