Milder December forecasts lead to dip in natural gas stocks

Natural gas stocks fell sharply after a warm December forecast for the Midwest, affecting multiple companies and the First Trust Natural Gas ETF.

ONEOK to buy rest of EnLink for $4.3 bln in stock

Earnings call: ONEOK raises 2024 guidance on strong fee-based earnings

ONEOK, Inc. raised its 2024 financial guidance due to strong earnings and recent acquisitions, projecting significant growth in EBITDA and net income, while facing some operational challenges.

ONEOK strengthens Permian presence with midstream deals worth $5.9 billion

ONEOK to acquire $5.9 billion in midstream assets, enhancing its presence in U.S. basins amid industry consolidation, with expected earnings growth and synergies of up to $450 million.