industrialinfo.com - ONEOK Looking for Ways to Cut Inefficiency Caused by Deregulation

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ONEOK Looking for Ways to Cut Inefficiency Caused by Deregulation

SUGAR LAND--October 6, 2008--Researched by Industrial Info Resources (Sugar Land, Texas)--ONEOK Incorporated (NYSE:OKE) (Tulsa, Oklahoma) and ONEOK Partners LP (NYSE:OKS) (Tulsa) continue to maintain growth and presented their "Journey by Design" presentation in an annual analyst on October 2 in New York City. John Gibson, Chairman and CEO of ONEOK Partners and CEO of ONEOK, said ONEOK is continuing to look for opportunities to rebundle the value chain. Because of deregulation, he said that the value chain was broken up and that much inefficiency was created. "We've looked for opportunities to bring those pieces back together and create value for our shareholders and customers by providing services that are necessary in the value chains at a lower cost than our competitors," Gibson said.

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Industry Segment: Transmission
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