O Synergies, Where Art Thou? OKE-MMP Combo has Investors Lost
ONEOK’s plan to buy Magellan Midstream has gone down like a lead balloon with investors skeptical of the potential synergies…
Oneok
ONEOK Joins Midstream Elite with $19B Magellan Purchase
ONEOK’s (OKE) $18.8B acquisition of Magellan Midstream Partners (MMP) places the company at the head table in Midstream.
Ethane Recovery Dries Up from Bakken
Recovered ethane volumes are down sharply in the Williston Basin so far in 2023, creating some risk for ONEOK (OKE)…
A Breather for Mont Belvieu
A tight market is attracting new investments in the NGL space. East Daley expects developers to add 955 Mb/d of…
Bad News Bakken Bears
OKE’s pre-earnings release struggles are likely due to investors’ bearish sentiment surrounding the April freezing events in the Bakken, macro…