The feds may owe more than half a billion taxpayer dollars for backtracking on a policy designed to attract major capital investments to an important Canadian industry. Read more in Bay Street Edition https://t.co/ogER6qMivT ...

Core Insights - ONEOK Inc. (OKE) is benefiting from increasing fee-based earnings and strategic capital investments aimed at enhancing its presence in high-production regions [1][8] - The company is facing challenges due to intense competition in the pipeline sector [1][6] Growth Catalysts for OKE - OKE is positioned to gain from long-term fee-based commitments across its three main segments: Natural Gas Gathering and Processing, Natural Gas Liquids, and Natural Gas Pipelines and Refined Products and Crude, with over 88% of its earnings in 2024 expected to be fee-based and over 90% projected for 2025 [2] - Natural gas liquid volumes from the Rocky Mountain region have increased significantly, with an annual growth rate exceeding 20%, while natural gas processing volumes have grown at a steady 10% annually [2] Capital Expenditures and Investments - The company is committed to organic growth initiatives, with projected capital expenditures for 2025 estimated between $2.8 billion and $3.2 billion [3] - OKE is expanding through strategic acquisitions, including the purchase of EnLink Midstream in January 2025 and acquiring a 49.9% stake in Delaware G&P LLC for $940 million in June 2025, which are expected to enhance profitability through cost efficiencies and synergies [4] Competitive Landscape - The natural gas and natural gas liquids pipeline industries are highly competitive, with new energy companies entering the market through master limited partnerships, which may impact OKE's market position [6] - The company's operational efficiency and profitability could be affected by its lack of full ownership of the land where its pipelines are located, potentially leading to increased land-use costs [5] Stock Performance - In the past month, OKE shares have decreased by 1%, while the industry has seen a slight decline of 0.2% [7]

Group 1 - Marvell Technology, Inc. (NASDAQ: MRVL) is expected to report Q1 '26 earnings on May 29, 2025, with a positive outlook from analysts [1] - The company is anticipated to benefit from significant capital investments guided by hyperscalers for the year 2025 [1] Group 2 - The article highlights the importance of considering the entire investment ecosystem rather than evaluating a company in isolation [1]