8-KRegulation FDExhibits & Filings

ONEOK INC /NEW/ 8-K Report, Regulation FD Disclosure (Nov 30, 2012)

Filed November 30, 2012For Securities:OKE

Summary

This 8-K filing from ONEOK, Inc. on November 30, 2012, primarily serves as a disclosure of material events and announcements related to both ONEOK, Inc. and its subsidiary, ONEOK Partners, L.P. A significant announcement is ONEOK Partners' decision not to proceed with the construction of the Bakken Crude Express Pipeline. This could impact future midstream infrastructure development and revenue streams for the partnership, though the specifics of the rationale are not detailed in this filing. Additionally, the filing announces participation in several upcoming investor conferences: ONEOK, Inc. at the Jefferies Global Energy Conference and the BMO Capital Markets Utilities and Pipelines Day, and ONEOK Partners, L.P. at the Wells Fargo Pipeline, MLP and Energy Symposium. These events offer opportunities for management to provide updates on strategy, operations, and financial outlooks, which are crucial for investors assessing the companies' performance and future prospects.

Key Highlights

  • 1ONEOK Partners, L.P. has elected not to proceed with the construction of the Bakken Crude Express Pipeline.
  • 2ONEOK, Inc. announced its participation in the Jefferies Global Energy Conference on November 29, 2012.
  • 3ONEOK, Inc. will participate in the 8th Annual BMO Capital Markets Utilities and Pipelines Day on December 4, 2012.
  • 4ONEOK Partners, L.P. will participate in the 11th Annual Wells Fargo Pipeline, MLP and Energy Symposium on December 4-5, 2012.
  • 5The filing incorporates by reference several news releases detailing these announcements.
  • 6Information furnished under Item 7.01 is not deemed 'filed' for certain legal purposes.

Frequently Asked Questions

The filing states that ONEOK Partners elected not to proceed with the construction of the Bakken Crude Express Pipeline. However, the specific reasons for this decision are not detailed within this 8-K filing. Investors would need to refer to the attached news release (Exhibit 99.1) or seek further clarification from the company for more information.

Participation in these conferences allows the management of both ONEOK, Inc. and ONEOK Partners, L.P. to communicate directly with investors, analysts, and the financial community. This provides an opportunity to discuss company strategy, operational performance, financial results, and future outlook, which is important for investors to make informed decisions.

More details regarding the decision not to proceed with the Bakken Crude Express Pipeline can be found in the news release issued by ONEOK Partners, L.P. on November 27, 2012, which is attached as Exhibit 99.1 to this 8-K filing.