---
schema_version: "secwatch.filing_event.v1"
accession: "0001039684-25-000010"
form_type: "8-K"
ticker: "OKE"
cik: "0001039684"
company_name: "ONEOK INC /NEW/"
filed_at: "2025-02-06T23:59:59+00:00"
generated_at: "2026-05-27T01:20:15.622333+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# ONEOK and MPLX form JVs to build 400K bpd LPG export terminal and pipeline; total cost $1.75B

## Summary
- Joint venture for Texas City LPG export terminal: 50/50 ONEOK/MPLX, 400,000 bpd capacity, total investment ~$1.4B.
- Separate pipeline JV: ONEOK 80%, MPLX 20%; 24-inch line from Mont Belvieu to terminal; total $350M.
- ONEOK's total share of capital investment for both projects is approximately $1.0 billion.
- Terminal expected to be completed early 2028; MPLX to construct/operate; ONEOK to construct/operate pipeline.
- Projects expand ONEOK's NGL value chain with additional export capacity for LEP and normal butane.

## SEC filing metadata
- accession: 0001039684-25-000010
- form_type: 8-K
- ticker: OKE
- cik: 0001039684
- company_name: ONEOK INC /NEW/
- filed_at: 2025-02-06T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1039684/000103968425000010/0001039684-25-000010-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1039684/000103968425000010/oke-20250204.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001039684-25-000010
- JSON: https://secwatch.observer/filing/0001039684-25-000010.json
- Plain text: https://secwatch.observer/filing/0001039684-25-000010.txt

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