secwatch.observer — SEC 8-K summary
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Issuer:     ONEOK INC /NEW/ (OKE)
CIK:        0001039684
Form:       8-K
Filed at:   2024-07-19T23:59:59+00:00
Accession:  0001039684-24-000131
Event type: other_material
Sentiment:  positive
Materiality: 0.65
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

ONEOK announces $480M refined products pipeline expansion to Denver area, mid-2026 completion
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- New 230-mile, 16-inch pipeline from Scott City, KS to Denver International Airport, plus pump station upgrades.
- Capacity increase of 35,000 bpd, fully subscribed under long-term contracts after open season.
- Project cost ~$480 million, expected completion mid-2026; supports growing demand for transportation fuels and sustainable aviation fuel.
- CEO Pierce Norton cites attractive-return growth following acquisition of refined products and crude oil businesses.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1039684/000103968424000131/0001039684-24-000131-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1039684/000103968424000131/oke-20240718.htm
  HTML page:      https://secwatch.observer/filing/0001039684-24-000131

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer