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An update from Oneok ( (OKE) ) is now available.
ONEOK, Inc. and EnLink Midstream, LLC have announced the filing of definitive proxy materials with the SEC concerning ONEOK’s acquisition of the remaining publicly held common units of EnLink. The acquisition aims to establish a fully integrated Permian Basin platform, extend ONEOK’s operational footprint, and realize synergies through complementary assets, enhancing its market position. The transaction is expected to close in the first quarter of 2025, pending approval from EnLink unitholders and fulfillment of other customary conditions.
More about Oneok
YTD Price Performance: 50.67%
Average Trading Volume: 2,932,336
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: $58.88B
See more insights into OKE stock on TipRanks’ Stock Analysis page.