OKE News and Press, ONEOK Inc. From 07/19/23

2023-07-19 08:00:00 ET Summary As production of oil and natural gas in the U.S. has grown, so has the production of natural gas liquids (NGLs) like propane, ethane, and butane. The U.S. is a major global supplier of propane and other NGLs. Propane has seen solid demand growth glob...

2023-07-17 10:27:43 ET Magellan Midstream Partners ( NYSE: MMP ) unitholder Energy Income Partners sent a second letter Monday urging holders to vote against the proposed merger of Magellan and Oneok ( NYSE: OKE ). EIP, which prefers a stand-alone Magellan Midstream ...

2023-07-17 07:11:34 ET Summary Midstream MLPs have long been favorites of income investors due to their stable cash flows and very high yields. TYG invests in a portfolio of natural gas MLPs and renewable companies in an attempt to give investors exposure to the energy transition....

2023-07-13 08:30:00 ET Summary June 2023 saw significant insider purchases in Lucid Group, Diversified Healthcare Trust, Akoya Biosciences, and Axon Enterprise. The Public Investment Fund bought $1.8 billion worth of shares in Lucid Group, increasing its ownership to 74.95%. Diver...

2023-07-12 08:00:00 ET Summary Several factors have weighed on energy sector performance in 2023, but energy infrastructure companies have been a clear bright spot. Midstream/MLPs’ fee-based business models have provided insulation from weakness in commodity prices, while g...

Magellan Midstream Sets Record and Meeting Dates for Pending ONEOK Merger Vote PR Newswire Magellan Board Unanimously Recommends Unitholders Vote "FOR" the Pending Merger TULSA, Okla. , July 11, 2023 /PRNewswire/ -- Magellan Midstream Partners, L.P. (NYSE...

ONEOK Second Quarter 2023 Conference Call and Webcast Scheduled PR Newswire TULSA, Okla. , July 10, 2023 /PRNewswire/ -- ONEOK, Inc. (NYSE: OKE) will release second quarter 2023 earnings after the market closes on Aug. 7, 2023 . ONEOK's executive management w...

2023-07-05 19:37:50 ET Summary It was a strong close to a difficult first half, with the energy sector handily outperforming the broader market. Equities with commodity-price exposure were the best performers as investors turned their focus to the bullish second-half outlook. ...

2023-06-29 12:49:44 ET Summary FIF is invested in both the energy and utility sectors, with some of the largest holdings being MLP positions. The fund had been raising its distribution slowly but more recently gave a big bump in its payout. The fund is deeply discounted and pr...

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...