ONEOK

MMP Stock Alert: Halper Sadeh LLC Is Investigating Whether the Sale of Magellan Midstream Partners, L.P. Is Fair to Shareholders

Retrieved on: 
Monday, May 15, 2023

Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of Magellan Midstream Partners, L.P. (NYSE: MMP) to ONEOK, Inc. for $25.00 in cash and 0.6670 shares of ONEOK stock per unit is fair to Magellan shareholders.

Key Points: 
  • Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of Magellan Midstream Partners, L.P. (NYSE: MMP) to ONEOK, Inc. for $25.00 in cash and 0.6670 shares of ONEOK stock per unit is fair to Magellan shareholders.
  • On behalf of Magellan shareholders, Halper Sadeh LLC may seek increased consideration for shareholders, additional disclosures and information concerning the proposed transaction, or other relief and benefits.
  • Halper Sadeh LLC represents investors all over the world who have fallen victim to securities fraud and corporate misconduct.
  • Our attorneys have been instrumental in implementing corporate reforms and recovering millions of dollars on behalf of defrauded investors.

ONEOK to Acquire Magellan Midstream Partners in Transaction Valued at $18.8 billion

Retrieved on: 
Sunday, May 14, 2023

The benefit from the basis step-up has an estimated total value of approximately $3.0 billion, which has an estimated net present value of approximately $1.5 billion.

Key Points: 
  • The benefit from the basis step-up has an estimated total value of approximately $3.0 billion, which has an estimated net present value of approximately $1.5 billion.
  • ONEOK anticipates this combined liquids-focused portfolio will present significant potential for enhanced customer product offerings and increased international export opportunities.
  • The transaction will be a taxable event for Magellan unitholders and will cause ONEOK to have a step-up in tax basis approximately equal to the aggregate purchase price of Magellan units and Magellan debt assumed (approximately $18.8 billion).
  • The premium and cash portion of the consideration may assist with potential tax implications for Magellan unitholders occurring from this transaction.

Orbital Sidekick Successfully Launches First Satellites in GHOSt Constellation

Retrieved on: 
Monday, April 17, 2023

OSK will deploy four more satellites this year aboard the Transporter 8 and Transporter 9 rideshare missions to complete the company’s initial constellation.

Key Points: 
  • OSK will deploy four more satellites this year aboard the Transporter 8 and Transporter 9 rideshare missions to complete the company’s initial constellation.
  • By year-end, GHOSt will consist of six equivalent hyperspectral imaging microsatellites, each featuring a proprietary hyperspectral imager unique to OSK.
  • “From day one, OSK’s strategy has been about commercializing the highest resolution hyperspectral imagery and intelligence available,” said Dan Katz, CEO, Orbital Sidekick.
  • “It’s gratifying to see our goal of commercializing this cutting-edge technology come to fruition,” said Tushar Prabhakar, COO, Orbital Sidekick.

ONEOK First Quarter 2023 Conference Call and Webcast Scheduled

Retrieved on: 
Monday, April 3, 2023

TULSA, Okla., April 3, 2023 /PRNewswire/ -- ONEOK, Inc. (NYSE: OKE) will release first quarter 2023 earnings after the market closes on May 2, 2023.

Key Points: 
  • TULSA, Okla., April 3, 2023 /PRNewswire/ -- ONEOK, Inc. (NYSE: OKE) will release first quarter 2023 earnings after the market closes on May 2, 2023.
  • ONEOK's executive management will participate in a conference call the following day.
  • 1) Phone conference call dial 877-883-0383, entry number 1413977
    If you are unable to participate in the conference call or the webcast, the replay will be available on ONEOK's website, www.oneok.com , for one year.
  • For the latest news about ONEOK, find us on LinkedIn, Facebook, Twitter and Instagram.

ONEOK to Participate in Upcoming Investor Conferences

Retrieved on: 
Wednesday, March 1, 2023

TULSA, Okla., March 1, 2023 /PRNewswire/ -- ONEOK, Inc. (NYSE: OKE) will participate in the following investor conferences in March 2023:

Key Points: 
  • TULSA, Okla., March 1, 2023 /PRNewswire/ -- ONEOK, Inc. (NYSE: OKE) will participate in the following investor conferences in March 2023:
    March 1: Barclays Investment Grade Energy and Pipeline Corporate Days.
  • March 2: Morgan Stanley Global Energy and Power Conference.
  • ONEOK is a FORTUNE 500 company and is included in the S&P 500.
  • For the latest news about ONEOK, find us on LinkedIn, Instagram, Facebook and Twitter.

ONEOK to Participate in U.S. Capital Advisors Midstream Corporate Access Day

Retrieved on: 
Monday, January 23, 2023

TULSA, Okla., Jan. 23, 2023 /PRNewswire/ -- ONEOK, Inc. (NYSE: OKE) will participate in investor meetings at the U.S. Capital Advisors Midstream Corporate Access Day on Jan. 24, 2023, in Houston, Texas.

Key Points: 
  • TULSA, Okla., Jan. 23, 2023 /PRNewswire/ -- ONEOK, Inc. (NYSE: OKE) will participate in investor meetings at the U.S. Capital Advisors Midstream Corporate Access Day on Jan. 24, 2023, in Houston, Texas.
  • ONEOK's investor materials are available on ONEOK's website, www.oneok.com .
  • ONEOK is a FORTUNE 500 company and is included in the S&P 500.
  • For the latest news about ONEOK, find us on LinkedIn, Instagram, Facebook and Twitter.

OSK Secures $10 Million Strategic Investment to Commercialize Hyperspectral Intelligence Solution for Energy Sector

Retrieved on: 
Tuesday, January 31, 2023

SAN FRANCISCO, Jan. 31, 2023 (GLOBE NEWSWIRE) -- Orbital Sidekick (OSK) , the global leader in space-based hyperspectral intelligence, today announced a $10 million investment round from strategic investors to commercialize its asset monitoring solution, which enables the energy sector to further enhance monitoring and mitigating pipeline emissions.

Key Points: 
  • SAN FRANCISCO, Jan. 31, 2023 (GLOBE NEWSWIRE) -- Orbital Sidekick (OSK) , the global leader in space-based hyperspectral intelligence, today announced a $10 million investment round from strategic investors to commercialize its asset monitoring solution, which enables the energy sector to further enhance monitoring and mitigating pipeline emissions.
  • The funding will also support the deployment of OSK’s GHOSt Constellation, a fleet of satellites equipped with best-in-class hyperspectral sensors launching later this year.
  • “This investment by our customers and partners in the energy sector sends a resounding signal to the monitoring and intelligence services marketplace that OSK is leading the space with a best-in-class, scalable solution for supporting sustainable operations,” said Dan Katz, CEO and co-founder of OSK.
  • OSK has already secured contracts to supply hyperspectral data to the United States Department of Defense through its partnerships with In-Q-Tel, the Air Force and Space Force.

ONEOK Fourth Quarter and Year-end 2022 Conference Call and Webcast Scheduled

Retrieved on: 
Tuesday, January 17, 2023

TULSA, Okla., Jan. 17, 2023 /PRNewswire/ -- ONEOK, Inc. (NYSE: OKE) will release fourth quarter and year-end 2022 earnings after the market closes on Feb. 27, 2023.

Key Points: 
  • TULSA, Okla., Jan. 17, 2023 /PRNewswire/ -- ONEOK, Inc. (NYSE: OKE) will release fourth quarter and year-end 2022 earnings after the market closes on Feb. 27, 2023.
  • ONEOK's executive management will participate in a conference call the following day at 11 a.m. Eastern Standard Time (10 a.m. Central Standard Time) on Feb. 28, 2023.
  • To participate in the telephone conference call, dial 1-877-883-0383, entry number 4942992, or log on to www.oneok.com .
  • 1) Phone conference call dial 1-877-883-0383, entry number 4942992
    If you are unable to participate in the conference call or the webcast, the replay will be available on ONEOK's website, www.oneok.com , for 90 days.

Outrigger Energy II LLC Completes Sale of Its DJ Basin Midstream System and Provides Business Update for Its Williston Basin Midstream System

Retrieved on: 
Thursday, December 1, 2022

Outrigger Energy II LLC (Outrigger) announced today that it has completed the sale of its midstream system in Weld County, Colorado to Summit Midstream Partners, LP (NYSE:SMLP) (Summit).

Key Points: 
  • Outrigger Energy II LLC (Outrigger) announced today that it has completed the sale of its midstream system in Weld County, Colorado to Summit Midstream Partners, LP (NYSE:SMLP) (Summit).
  • Outriggers DJ system is anchored by long-term, fee-based contracts and approximately 310,000 dedicated acres from leading basin operators.
  • Further, the systems extensive high-pressure gas gathering footprint provides an excellent platform for interconnectivity with multiple midstream systems in the DJ Basin, including Summits system.
  • With the sale of its DJ Basin system, Outrigger will be exclusively focused on the continued development of its world class Williston Basin system located in Williams and Mountrail Counties, North Dakota.

Bridger Photonics Wins Technology of the Year from Energy Industry Coalition for Gas Mapping LiDAR

Retrieved on: 
Tuesday, November 8, 2022

Bridger Photonics, Inc. (Bridger) announced today that it has received the 2022 Distribution Technology of the Year Award from the ONE Future Coalition of energy industry members.

Key Points: 
  • Bridger Photonics, Inc. (Bridger) announced today that it has received the 2022 Distribution Technology of the Year Award from the ONE Future Coalition of energy industry members.
  • Bridgers aerial Gas Mapping LiDAR technology is deployed across the production, transmission, and distribution sectors of the natural gas value chain to detect, locate, and quantify methane emissions.
  • Our team is so proud that ONE Future selected Gas Mapping LiDAR for a Technology of the Year Award.
  • Located in Bozeman, Montana, Bridger Photonics, Inc. provides aerial methane detection, localization, and quantification across the natural gas value chain.