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On July 18, 2025, Oneok's trading volume reached $377 million, marking a 39.43% increase from the previous day, ranking 303rd in the day's stock market.
(OKE) rose 2.54%, marking two consecutive days of gains, with a total increase of 5.22% over the past two days.Oneok, Inc. has announced a significant expansion of its natural gas processing and fractionation capacity in the Permian Basin. This strategic move is aimed at meeting the growing demand for natural gas liquids (NGLs) and enhancing the company's operational efficiency. The expansion project is expected to be completed by the end of 2026, further solidifying Oneok's position as a leading midstream energy provider in the region.
Oneok's recent acquisition of a midstream infrastructure company has been finalized, adding valuable assets to its portfolio. The acquisition includes pipelines, processing facilities, and storage terminals, which will significantly enhance Oneok's ability to transport and process natural gas and NGLs. This strategic acquisition is expected to drive long-term growth and increase shareholder value.
Oneok has also announced a new partnership with a major energy producer to develop a comprehensive natural gas gathering and processing system. This collaboration will leverage Oneok's extensive infrastructure and the producer's expertise in natural gas extraction, creating a more efficient and cost-effective solution for both parties. The partnership is expected to generate substantial revenue and strengthen Oneok's market position.
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