ONEOK to Acquire Medallion and Controlling Interest in EnLink from Global Infrastructure Partners in Transactions Valued at $5.9 Billion

Establishes fully integrated Permian Basin platform at scale Expands and extends footprint in Mid-Continent, North Texas and Louisiana Delivers immediate accretion to EPS and FCF supporting capital allocation strategy Provides significant synergies through complementary asset positions Maintains ONEOK's strong investment-grade credit ratings ONEOK intends to pursue a tax-free acquisition of the EnLink publicly held interests following the closing of this transaction TULSA, Okla., Aug. 28, 2024 /PRNewswire/ ...