FINANCE10h ago
ONEOK to acquire Permian Basin assets for $4.43 billion
IN
Investing.com
Original Reporting
AI EXECUTIVE SUMMARY
Midstream service provider ONEOK has announced an agreement to purchase energy assets located in the Permian Basin. The transaction is valued at $4.43 billion and involves significant infrastructure in a major U.S. oil and gas producing region.
WHY IT MATTERS
This multi-billion dollar acquisition directly expands ONEOK's operational footprint and asset portfolio in the highly productive Permian Basin.
Midstream service provider ONEOK has announced an agreement to purchase energy assets located in the Permian Basin. The transaction is valued at $4.43 billion and involves significant infrastructure in a major U.S. oil and gas producing region.
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