DekiArt
ONEOK (NYSE:OKE), a $56 billion market cap midstream company, started as primarily a North Dakota (Bakken) liquids transporter and processor. It acquired refined products and oil transporter Magellan Midstream Partners, which has the country’s longest crude oil and refined products transportation system, for $18.8 billion in
Analyst’s Disclosure:I/we have a beneficial long position in the shares of OKE, EPD either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
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