---
schema_version: "secwatch.filing_event.v1"
accession: "0001039684-24-000400"
form_type: "8-K"
ticker: "OKE"
cik: "0001039684"
company_name: "ONEOK INC /NEW/"
filed_at: "2024-11-22T23:59:59+00:00"
generated_at: "2026-05-29T19:29:36.857355+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# ONEOK sells three interstate gas pipelines to DT Midstream for $1.2B cash

## Summary
- Assets sold: Guardian Pipeline, Midwestern Gas Transmission, and Viking Gas Transmission.
- Purchase price of $1.2 billion represents 10.8x EBITDA as of June 30, 2024.
- Transaction expected to close in Q4 2024; subject to Hart-Scott-Rodino clearance.
- Net proceeds to enhance financial flexibility and support deleveraging toward 3.5x target by 2026.
- Boards of both ONEOK and DT Midstream unanimously approved the definitive agreement.

## SEC filing metadata
- accession: 0001039684-24-000400
- form_type: 8-K
- ticker: OKE
- cik: 0001039684
- company_name: ONEOK INC /NEW/
- filed_at: 2024-11-22T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1039684/000103968424000400/0001039684-24-000400-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1039684/000103968424000400/oke-20241119.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001039684-24-000400
- JSON: https://secwatch.observer/filing/0001039684-24-000400.json
- Plain text: https://secwatch.observer/filing/0001039684-24-000400.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.