oil & gas assets
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ONEOK to spend $2.5-3.7B in 2019 with eyes on 2020 return

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ONEOK intends to spend $2.5-3.7 billion in growth capex in 2019 compared with $2.14 billion in 2018. The Tulsa-based company said the reward would come the next year with adjusted EBITDA forecast to increase in 2020 more than 20% from 2019. Much of the 2020 growth is expected to come from the Elk Creek NGL pipeline and the Demicks Lake gas processing plants, projects seeking to monetize gas currently being flared in Williston Basin.......
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