ONEOK Inc (STU:ONK)

€ 105.26 -1.3 (-1.22%) Market Cap: 61.20 Bil Enterprise Value: 87.34 Bil PE Ratio: 23.40 PB Ratio: 3.82 GF Score: 80/100

ONEOK Inc at Sanford C Bernstein Strategic Decisions Conference Transcript

May 31, 2023 / 06:30PM GMT

Transcript

Jean Ann Salisbury

Sanford C. Bernstein & Co., LLC., Research Division - Senior Analyst

Everyone, I'm Jean Ann Salisbury. I cover natural gas and midstream at Bernstein. I'd like to welcome the ONEOK management team here today. We have Pierce Norton, the CEO; we have Walt Hulse, who's the CFO; and we have Kevin Burdick, the COO. So -- you can -- so I'll be asking a bunch of questions. And then if you would like, you can actually input your own questions via the pigeon hole link. And yes, so without further ado, we can get started here.

So I think unsurprisingly, the main topic of every meeting in midstream, not just ONEOK meetings, is the ONEOK-Magellan merger. So if it's all right with you, you can kind of get started with just some questions about that.

Questions & Answers

Pierce H. Norton

ONEOK, Inc. - President, CEO & Director

Sure.

Jean Ann Salisbury

Sanford C. Bernstein & Co., LLC., Research Division - Senior Analyst

Great. Can we start with your strategic rationale for the

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