OKE · News · 20260805N
Acquisition / Partnership / Divestiture
ONEOK INC /NEW/ · 2026-08-05 · Importance 34 · Surprise 42
ONEOK is advancing infrastructure expansion and strategic growth projects, including pipeline expansions and plant upsizes. Reported initiatives include a Denver-area refined-products expansion and expansions of Permian Basin processing plants. Management said the projects, together with system optimization, are expected to support continued growth. The company also identified potential acquisitions as a use of proceeds from its planned equity financing.
Key facts
- Company provided updates on expansion projects including Denver-area refined-products expansion and Permian Basin processing plant expansions source