2024-03-30 08:17:04 ET
Summary
- Whenever I look into long-term investments, I want companies with importance in major supply chains.
- ONEOK Inc., the owner of the ONEOK Magellan East Houston terminal, is an important player in the energy industry.
- ONEOK offers consistent income growth, resilient earnings, and attractive long-term returns through dividends and buybacks.
Introduction
The other day, I was looking into ICE Midland WTI futures as part of my research into Intercontinental Exchange ( ICE ), the owner of these futures and one of my favorite financial dividend growth stocks - that is not yet a part of my portfolio.
So, I thought, why not start this article with a micro lecture on this futures contract? ...
Read the full article on Seeking Alpha
For further details see:
Ditch The Drill, Buy The Pipe: Why 5%-Yielding ONEOK Is Smart Energy Play