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ONEOK — company — Clarity Today

company

ONEOK

Tulsa-based midstream operator buying Brazos Midstream's Permian assets for $4.42 billion, after earlier purchases of Magellan, EnLink and Medallion.

Current clusters

invest1 distinct publisher

Midstream giants pay billions to expand Permian gas footprint as pipeline buildouts aim to ease bottleneck

ONEOK's $4.42 billion for Brazos values Permian gas processing near $3.68 billion per Bcf/d, resting on a Department of Energy demand curve that compounds at only about 1.3% a year out to 2050.

Publishers:fortune.com

Reality

Evidence55
Adoption78
Hype gap+27
Incentives74

Confidence57