ONEOK Increases Capex, Makes Headway with Midstream Growth Projects

SUGAR LAND--October 31, 2019--Researched by Industrial Info Resources (Sugar Land, Texas)--Midstream operator ONEOK Incorporated (NYSE:OKE) (Tulsa, Oklahoma) is growing its presence in the pipeline, natural gas liquids (NGL) fractionation and natural gas processing segments, and has the increasing capital expenditure (capex) to show for it. For the year through September 30, ONEOK had capex of $2.74 billion, compared with $1.3 billion in the corresponding period of 2018. The company expects growth capex in full-year 2019 to be between $3.5 billion and $3.7 billion.

Within this article: Details of active ONEOK growth projects