ONEOK: Increased Volumes In The Williston Driving Underlying EBITDA Growth In 2024

Jun. 13, 2024 8:59 AM ETONEOK, Inc. (OKE) StockAMLP, OKE4 Comments
Curonian Research
1.14K Followers

Summary

  • ONEOK is a midstream infrastructure operator focused on natural gas markets.
  • The company is a direct beneficiary of growing natural gas output in the US and plans significant capacity expansion projects.
  • ONEOK currently offers a 5% dividend yield, backed by long-term fixed-fee contracts. NGL capacity expansion will enable the business to grow this dividend.

Trans Alaskan Oil Pipeline, Alaska

stanley45

ONEOK (NYSE:OKE) is a defensive energy midstream infrastructure operator offering a 5% dividend yield as well as growth prospects due to continuing natural gas production volume growth in the US.

Seeking Alpha ascribes it a high B+ rating for

This article was written by

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