May 2, 2025--Researched by Industrial Info Resources (Sugar Land, Texas)--Pipeline operator ONEOK Incorporated (NYSE:OKE) (Tulsa, Oklahoma) endured higher operating costs during the first quarter, but recent acquisitions in the Permian Basin are keeping its bottom line strong. Industrial Info is tracking more than $3.5 billion worth of active and planned projects from ONEOK, more than 60% of which is attributed to grassroot projects. The Permian has proven to be fertile ground for oil and gas transmission companies, which have spent the past few years racing to meet seemingly endless demand for takeaway capacity. Other companies featured: Global Infrastructure Partners and DT Midstream Incorporated (NYSE:DTM)
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