ONEOK Inc. Enters Material Definitive Agreement
Ticker: OKE · Form: 8-K · Filed: Aug 13, 2025 · CIK: 1039684
Sentiment: neutral
Topics: material-agreement, financial-obligation, natural-gas
TL;DR
ONEOK just signed a big deal, creating new financial obligations.
AI Summary
ONEOK, Inc. announced on August 12, 2025, that it has entered into a material definitive agreement. This filing also indicates the creation of a direct financial obligation or an obligation under an off-balance sheet arrangement for the registrant. The company is involved in natural gas transmission and distribution.
Why It Matters
This filing signals a significant new financial commitment or obligation for ONEOK, Inc., which could impact its financial structure and future operations.
Risk Assessment
Risk Level: medium — Entering into material definitive agreements and creating new financial obligations can introduce financial risks and uncertainties for the company.
Key Players & Entities
- ONEOK, Inc. (company) — Registrant
- August 12, 2025 (date) — Date of earliest event reported
- 100 West Fifth Street, Tulsa, OK 74103 (location) — Principal executive offices address
- 73-1520922 (identifier) — I.R.S. Employer Identification No.
FAQ
What is the nature of the material definitive agreement entered into by ONEOK, Inc.?
The filing states that ONEOK, Inc. entered into a material definitive agreement on August 12, 2025, but the specific details of the agreement are not provided in this excerpt.
What type of financial obligation has been created by ONEOK, Inc.?
The filing indicates the creation of a direct financial obligation or an obligation under an off-balance sheet arrangement for the registrant, but the specifics are not detailed here.
When was this report filed with the SEC?
This report was filed as of August 13, 2025.
What is ONEOK, Inc.'s primary business sector?
ONEOK, Inc. is in the NATURAL GAS TRANSMISSION & DISTRIBUTION sector, with SIC code 4923.
Where are ONEOK, Inc.'s principal executive offices located?
ONEOK, Inc.'s principal executive offices are located at 100 West Fifth Street, Tulsa, OK 74103.
Filing Stats: 1,291 words · 5 min read · ~4 pages · Grade level 8.8 · Accepted 2025-08-13 17:28:23
Key Financial Figures
- $0.01 — registered Common stock, par value of $0.01 OKE New York Stock Exchange Indica
- $750 million — ten public offering (the "Offering") of $750 million aggregate principal amount of its 4.950
- $1.0 billion — 950% notes due 2032 (the "2032 Notes"), $1.0 billion aggregate principal amount of its 5.400
- $1.25 billion — % notes due 2035 (the "2035 Notes") and $1.25 billion aggregate principal amount of its 6.250
- $2.959 b — eeds from the Offering of approximately $2.959 billion, after deducting underwriting dis
Filing Documents
- d17085d8k.htm (8-K) — 36KB
- d17085dex42.htm (EX-4.2) — 109KB
- d17085dex43.htm (EX-4.3) — 109KB
- d17085dex44.htm (EX-4.4) — 111KB
- d17085dex45.htm (EX-4.5) — 35KB
- d17085dex46.htm (EX-4.6) — 34KB
- d17085dex47.htm (EX-4.7) — 34KB
- d17085dex51.htm (EX-5.1) — 20KB
- d17085dex52.htm (EX-5.2) — 12KB
- g17085g06i13.jpg (GRAPHIC) — 61KB
- g17085g0812202204186.jpg (GRAPHIC) — 2KB
- g17085g0812205912282.jpg (GRAPHIC) — 2KB
- g17085g0813205329340.jpg (GRAPHIC) — 6KB
- g17085g0813205329513.jpg (GRAPHIC) — 1KB
- 0001193125-25-179986.txt ( ) — 859KB
- oke-20250812.xsd (EX-101.SCH) — 3KB
- oke-20250812_lab.xml (EX-101.LAB) — 17KB
- oke-20250812_pre.xml (EX-101.PRE) — 11KB
- d17085d8k_htm.xml (XML) — 3KB
Financial Statements and Exhibits
Financial Statements and Exhibits Exhibit Number Description 4.1 Indenture, dated January 26, 2012, among ONEOK, Inc. and U.S. Bank National Association, as trustee (incorporated by reference to Exhibit 4.1 to ONEOK, Inc.'s Current Report on Form 8-K filed January 26, 2012 (File No. 1-13643)). 4.2 Thirty-Third Supplemental Indenture, dated as of August 12, 2025, among ONEOK, Inc., ONEOK Partners, L.P., ONEOK Partners Intermediate Limited Partnership, Magellan Midstream Partners, L.P., Elk Merger Sub II, L.L.C., EnLink Midstream Partners, LP and U.S. Bank National Association, as trustee, with respect to 4.950% Notes due 2032. 4.3 Thirty-Fourth Supplemental Indenture, dated as of August 12, 2025, among ONEOK, Inc., ONEOK Partners, L.P., ONEOK Partners Intermediate Limited Partnership, Magellan Midstream Partners, L.P., Elk Merger Sub II, L.L.C., EnLink Midstream Partners, LP and U.S. Bank National Association, as trustee, with respect to 5.400% Notes due 2035. 4.4 Thirty-Fifth Supplemental Indenture, dated as of August 12, 2025, among ONEOK, Inc., ONEOK Partners, L.P., ONEOK Partners Intermediate Limited Partnership, Magellan Midstream Partners, L.P., Elk Merger Sub II, L.L.C., EnLink Midstream Partners, LP and U.S. Bank National Association, as trustee, with respect to 6.250% Notes due 2055. 4.5 Form of Note due 2032 (included in Exhibit 4.1 hereto). 4.6 Form of Note due 2035 (included in Exhibit 4.2 hereto). 4.7 Form of Note due 2055 (included in Exhibit 4.3 hereto). 5.1 Opinion of Latham & Watkins LLP. 5.2 Opinion of GableGotwals. 23.1 Consent of Latham & Watkins LLP (included in Exhibit 5.1 hereto). 23.2 Consent of GableGotwals (included in Exhibit 5.2 hereto). 104 Cover Page Interactive Data File - the cover page XBRL tags are embedded within the Inline XBRL document (contained in Exhibit 101).
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. ONEOK, INC. Date: August 13, 2025 By: /s/ Walter S. Hulse III Name: Walter S. Hulse III Title: Chief Financial Officer, Treasurer and Executive Vice President, Investor Relations and Corporate Development