Oneok Drops 4.08% Amid Gulf Coast Export Venture

On April 3, 2025, Oneok's stock experienced a 4.08% drop in pre-market trading, signaling a significant shift in investor sentiment.

Oneok Inc. recently announced a joint venture with MPLX LP to construct an LPG export terminal at a strategic location on the U.S. Gulf Coast. This collaboration is expected to enhance Oneok's export capabilities and strengthen its position in the energy market.

Additionally, Oneok is set to release its first-quarter 2025 earnings on April 29, 2025, after the market closes. This earnings report will provide crucial insights into the company's financial performance and future outlook, potentially influencing investor decisions and stock price movements.