---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-24-092921"
form_type: "8-K"
ticker: "OKE"
cik: "0001039684"
company_name: "ONEOK INC /NEW/"
filed_at: "2024-10-31T23:59:59+00:00"
generated_at: "2026-05-30T07:13:36.838262+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# ONEOK completes $2.6B acquisition of Medallion Midstream, largest private Permian crude system

## Summary
- Total cash consideration ~$2.6B for Medallion and DoublePoint interests acquired from Global Infrastructure Partners.
- Medallion includes >1,200 miles of crude gathering pipelines with ~1.3M bpd capacity and 1.5M barrels storage in Permian Basin.
- CEO Norton says acquisition diversifies asset portfolio and extends value chain in Permian Basin.
- Assets connect with ONEOK's long-haul crude pipelines; ONEOK owns 43% of EnLink (NYSE: ENLC).

## SEC filing metadata
- accession: 0001213900-24-092921
- form_type: 8-K
- ticker: OKE
- cik: 0001039684
- company_name: ONEOK INC /NEW/
- filed_at: 2024-10-31T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 7.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1039684/000121390024092921/0001213900-24-092921-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1039684/000121390024092921/ea0219307-8k_oneok.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-24-092921
- JSON: https://secwatch.observer/filing/0001213900-24-092921.json
- Plain text: https://secwatch.observer/filing/0001213900-24-092921.txt

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