Is ONEOK a pipeline company?

Is ONEOK a pipeline company?

ONEOK Gas Transportation, L.L.C (OGT) operates an intrastate pipeline system in Oklahoma. The transmission system has approximately 2,471 miles of transmission pipelines with a peak capacity of 2.1 Bcf/d.

Who owns ONEOK pipeline?

Oneok

How many miles of pipeline does ONEOK own?

approximately 2,440 miles
ONEOK NGL Pipeline, L.L.C. operates approximately 2,440 miles of FERC-regulated NGL pipelines with a peak capacity of 393,000 barrels per day.

Who are ONEOK competitors?

ONEOK’s top competitors include Sponsor Energy, Targa Resources, Boardwalk Pipeline Partners and OGE Energy. ONEOK is a company that engages in the gathering, processing, storage, and transportation of natural gas.

Is ONEOK a good stock to buy?

Oneok Inc. (OKE) is on the list of such stocks currently recommended by our proprietary system. In addition to a favorable Growth Score, it carries a top Zacks Rank. Research shows that stocks carrying the best growth features consistently beat the market.

Is ONEOK an MLP?

ONEOK Partners was a publicly traded master limited partnership (MLP) until ONEOK, Inc. (NYSE: OKE) completed the acquisition of all outstanding common units of ONEOK Partners it did not already own on June 30, 2017.

Does ONEOK own ONE Gas?

(“ONE Gas”), a wholly owned subsidiary of ONEOK, to ONEOK shareholders (the “Distribution”).

Is ONEOK a good company?

ONEOK Reviews FAQs Is ONEOK a good company to work for? ONEOK has an overall rating of 4.2 out of 5, based on over 191 reviews left anonymously by employees. 85% of employees would recommend working at ONEOK to a friend and 86% have a positive outlook for the business.

Is oneok a good stock to buy?

What is an NGL pipeline?

Natural gas wells produce methane (the natural gas you’re likely familiar with, typically used to heat homes) and NGLs. Essentially, we connect a pipeline to natural gas wells, draw the gas from the well, and then cool and pressurize the NGLs to separate them from the natural gas and turn them into their liquid form.

Is OKE stock a good long term investment?

Overall, the evidence points towards ONEOK, Inc. being a strong investment option for those who want long-term dividend stocks. The company has a long history and is in a secure industry. It currently has a good cash flow situation and the company is expanding and diversifying.

How does Oneok make money?

Maintain prudent financial strength and flexibility while growing our fee-based earnings, dividends per share and cash flows from operations in excess of dividends paid – we operate primarily fee-based businesses in each of our three reportable segments.