ONEOK
Highly Engaged Employees
Freight & Logistics Services · Oklahoma, United States · 5K - 10K Employees
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Overview
Headquarters
100 W 5th St, Tulsa, Oklahoma, 74103, Un...Phone Number
(918) 588-7000Website
www.oneok.comRevenue
$39.4 BillionStock Symbol
OKEIndustry
About ONEOK
ONEOK Org Chart
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ONEOK is experiencing low activity levels compared to other companies in the Transportation sector.
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Debt
$1B
ONEOK Tech Stack
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ONEOK News & Media
ONEOK (OKE) is Funding a $4.4B Acquisition With a $9B Minority Investment. Is the 7% Capped Return Attractive?
ONEOK, Inc. (NYSE:OKE) agreed to acquire Brazos Midstream’s Permian Midland Basin assets for $4.425 billion in cash. A $9 billion nonvoting minority equity investment from Apollo-managed funds will fund the acquisition and support approximately $5 billion of debt extinguishment. ONEOK, Inc. (NYSE:OKE) expects pro forma 2027 leverage to decline to approximately 3.25 times debt-to-EBITDA without […]ONEOK (OKE) Doubles Down on the Permian with $4.43 Billion Brazos Acquisition
ONEOK, Inc. (NYSE:OKE) has agreed to acquire Brazos Midstream’s Permian Midland Basin natural-gas gathering and processing assets for $4.425 billion in cash. The deal is being paired with a $9 billion nonvoting minority equity investment from Apollo, of which ONEOK plans to use about $5 billion to reduce existing debt. ONEOK expects the acquisition to […]ONEOK Bets $4.4B on Brazos as Apollo Injects $9B for Permian Growth
ONEOK (NYSE:OKE) said it has agreed to acquire Brazos Midstream’s natural gas gathering and processing assets in the Permian Basin’s Midland Basin for $4.425 billion, alongside a $9 billion minority equity investment from funds and affiliates managed by Apollo. The company said the Apollo investmenOneok Bets $4.425 Billion on Brazos Assets To Expand Permian Operations
Oneok, Inc. (NYSE:OKE) shares are trading higher during Monday’s premarket session. On Monday, the company disclosed a plan to acquire Brazos Midstream’s Permian Midland Basin assets for $4.425 billion. The acquisition includes natural gas gathering and processing assets in the Permian Midland Basin. Transaction Details The deal values Brazos at approximately 7.5x estimated 2027 EBITDA, including $80 million in annual synergies, and 6.0x estimated 2028 EBITDA. The acquisition will be financed th
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Frequently Asked Questions Regarding ONEOK
ONEOK, Inc. operates as a midstream service provider of gathering, processing, fractionation, transportation, storage, and marine export services in the United States. It operates in four segments: Natural Gas Gathering and Processing; Natural Gas Liquids; Natural Gas Pipelines; and Refined Products and Crude. The company owns natural gas gathering... Read More



