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EOG Resources Appoints John D. Chandler to Board of Directors
Prnewswire· 2025-12-11 14:00
Core Insights - EOG Resources, Inc. has appointed John D. Chandler to its Board of Directors effective December 10, 2025, bringing significant experience from the energy sector [1] - Chandler's previous roles include Senior Vice President and Chief Financial Officer at The Williams Companies, enhancing EOG's leadership with his financial expertise in oil and gas [2] Company Overview - EOG Resources, Inc. is one of the largest crude oil and natural gas exploration and production companies in the United States, with proved reserves located in the United States and Trinidad [3]
ONEOK (OKE) Earnings Call Presentation
2025-05-28 18:00
Investor Presentation May 2025 Forward-Looking Statements Statements contained in this presentation regarding company expectations, outlooks, targets, predictions and other similar statements should be considered forward-looking statements that are covered by the safe harbor protections provided under federal securities legislation and other applicable laws. It is important to note that actual results could differ materially from those projected in such forward-looking statements. For additional information ...
Kayne Anderson Energy Infrastructure Fund Announces Appointment of New Independent Directors
Globenewswire· 2025-05-27 20:15
Core Viewpoint - Kayne Anderson Energy Infrastructure Fund, Inc. has appointed Holli C. Ladhani and Michael N. Mears as independent directors, restoring the Board to eight members, seven of whom are independent [1][6]. Group 1: Appointments and Board Composition - Holli C. Ladhani and Michael N. Mears have been appointed as independent directors effective immediately [1]. - The appointments follow the retirements of Anne K. Costin and Albert L. Richey earlier in the year [1]. - The Board now consists of eight members, with seven being independent [1]. Group 2: Holli C. Ladhani's Background - Holli C. Ladhani has extensive experience in the energy, chemicals, power, and infrastructure sectors [2]. - She previously served as President and CEO of Select Energy Services, Inc. and held various executive roles at Rockwater Energy Solutions and Dynegy Inc. [2][3]. - Ladhani is currently on the boards of Quanta Services, Inc., AmSpec, and the forthcoming Amrize spin-off from Holcim [3]. Group 3: Michael N. Mears' Background - Michael N. Mears is an accomplished executive in the energy infrastructure sector, having served as Chairman, President, and CEO of Magellan Midstream Partners, L.P. until April 2022 [4]. - He has held several senior leadership roles at Magellan since its formation in 2002 and began his career at Williams Pipeline Company [4]. - Mears currently serves on the boards of Devon Energy Corporation and Sempra, where he chairs the Corporate Governance Committee [5]. Group 4: Company Overview - Kayne Anderson Energy Infrastructure Fund, Inc. is a non-diversified, closed-end management investment company registered under the Investment Company Act of 1940 [7]. - The company's investment objective is to provide a high after-tax total return with an emphasis on cash distributions to stockholders, investing at least 80% of its total assets in securities of Energy Infrastructure Companies [7].
This 4.7%-Yielding Dividend Stock Has High-Octane Growth Coming Down the Pipeline Through 2028
The Motley Fool· 2025-05-01 13:01
Core Viewpoint - Oneok is positioned as an attractive long-term investment opportunity due to its high-yielding dividend and strong earnings growth potential, with total returns averaging 13% annually over the past decade [1][2]. Financial Performance - Oneok has achieved a remarkable adjusted EBITDA growth rate of over 16% annually for 11 consecutive years, despite declines in crude oil prices during this period [3]. - The company's adjusted EBITDA is projected to increase from $5.2 billion in 2023 to over $8.2 billion in 2024, representing a nearly 60% surge [6]. Growth Drivers - The company has made significant acquisitions, including an $18.8 billion acquisition of Magellan Midstream Partners in 2023 and a $5.9 billion purchase of Medallion Midstream and a controlling interest in EnLink Midstream [5]. - Oneok expects to capture over $250 million in synergies from its acquisitions this year, with additional synergies anticipated in 2026 and 2027 [7]. Expansion Projects - Oneok is undertaking several organic expansion projects, including the expansion of its refined products system in Denver, expected to be completed by mid-2024, and a 210,000-barrel-per-day natural gas liquids fractionator in Medford, OK, set to come online in late 2026 and early 2027 [8]. - A joint venture with MPLX to build an LPG export terminal in Texas City, Texas, and a new pipeline is also in progress, with completion expected in early 2028 [9]. Dividend and Shareholder Returns - The company anticipates increasing its dividend payout by approximately 3% to 4% per year, supported by strong earnings growth from both acquisitions and organic projects [10]. - Oneok's combination of income and growth positions it as a compelling investment opportunity for those seeking both yield and capital appreciation [11].