01—Abstract
Summary
Summary of the 8-K filed November 13, 2024. Cited figures are marked; the original filing is the authoritative source.
ONEOK, Inc. (NYSE: OKE) filed this Form 8-K on November 13, 2024 to furnish under Regulation FD a notice that management will take part in a fireside chat at the BofA Securities Global Energy Conference in Houston.
The session is scheduled for 2:20 p.m. Eastern Time (1:20 p.m. Central) on November 13, 2024, and will be webcast live and replayed on ONEOK's website.
The filing is procedural. It contains no earnings, financial results, guidance, or new material business developments. The only substantive business context in the attached news release is ONEOK's ownership position in EnLink Midstream, LLC (NYSE: ENLC).
As of October 15, 2024, ONEOK is the managing member of EnLink and owns 43%a of its outstanding common units. The release also describes ONEOK as a leading midstream operator with a network of more than 50,000 miles of pipelines that gathers, processes, fractionates, transports, and stores natural gas, NGLs, refined products, and crude oil. For investors, this filing is primarily an event notice.
Its value lies in the opportunity to hear management commentary live or on replay. Any actual investment conclusions would depend on what management says during the fireside chat and on the company's periodic reports, such as its 10-Q and earnings materials, which are not part of this filing.
02—Key points
Key Highlights
- ONEOK management will participate in a fireside chat at the BofA Securities Global Energy Conference on November 13, 2024, at 2:20 p.m. ET (1:20 p.m. CT) in Houston, Texas.
- The session will be webcast live on ONEOK's website (www.oneok.com), with a replay also available, and the company's latest investor materials are posted there.
- The filing is furnished under Item 7.01 (Regulation FD Disclosure) and is not deemed 'filed' under Section 18 of the Exchange Act, so it does not carry the liability of a filed disclosure.
- No financial statements, earnings results, or quantitative metrics are included; Item 9.01 lists only the news release (Exhibit 99.1) and the XBRL cover page (Exhibit 104).
- As of October 15, 2024, ONEOK is the managing member of EnLink Midstream, LLC (NYSE: ENLC) and owns 43% of EnLink's outstanding common units.
- ONEOK describes itself as one of the largest diversified energy infrastructure companies in North America, with more than 50,000 miles of pipeline across natural gas, NGLs, refined products, and crude oil.
03—Questions
Frequently Asked Questions
What event is ONEOK participating in, and when?
ONEOK is participating in the BofA Securities Global Energy Conference, which takes place in Houston, Texas. Management's fireside chat is scheduled for November 13, 2024, at 2:20 p.m. Eastern Time (1:20 p.m. Central Time).
How can investors access the presentation?
The session will be webcast live on ONEOK's website at www.oneok.com, with a replay also available there. The company's latest investor materials are posted on the same site.
Does this filing report financial results or guidance?
No. The filing is a Regulation FD notice of conference participation. It contains no earnings, financial statements, or guidance. Investors should review ONEOK's periodic reports and earnings releases for financial information.
Why does ONEOK's relationship with EnLink matter?
As of October 15, 2024, ONEOK is the managing member of EnLink Midstream, LLC (NYSE: ENLC) and owns 43% of its outstanding common units. This stake links ONEOK's results and strategy to EnLink's midstream operations in natural gas, crude oil, and NGLs.
Is the information in this filing considered 'filed' for liability purposes?
No. The information in Items 7.01 and 9.01, including Exhibit 99.1, is furnished rather than filed. Under the filing's terms, it is not deemed filed for purposes of Section 18 of the Exchange Act and is not incorporated by reference into Securities Act or Exchange Act filings unless specifically referenced.
04—Continue