OKE - Mergers and acquisitions

TULSA, Okla., Oct. 06, 2026 (GLOBE NEWSWIRE) -- ONEOK, Inc. (NYSE:OKE) today announced it has completed the acquisition of Brazos Midstream's Permian Midland Basin natural gas gathering and processing assets for total cash consideration of approximately $4.425 billion. "The completion of this acquisition further strengthens our Permian Midland Basin position with a premier gathering and processing platform supported by high-quality acreage, long-term contracts and some of the basin's leading producers," said Pierce H. Norton II, ONEOK president and CEO. "These assets provide significant opportunities for future growth and enhance our ability to connect increasing natural gas and NGL

Acquisition Advances Permian Basin Growth Strategy TULSA, Okla., June 3, 2025 /PRNewswire/ -- ONEOK, Inc. (NYSE:OKE) today announced the acquisition of the remaining 49.9% interest in Delaware G&P LLC (Delaware Basin JV) from NGP XI Midstream Holdings, L.L.C. for $940 million, consisting of $530 million in cash and $410 million in ONEOK common stock.   Delaware Basin JV owns natural gas gathering and processing facilities in the Delaware Basin in West Texas and New Mexico, with a total processing capacity of more than 700 million cubic feet per day. Following the close of the