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Form 8-K · Current Report · Filed 2025-01-07

ONEOK Announces New Executive Leadership Appointments

On January 6, 2025, ONEOK, Inc. announced the appointment of Randy N. Lentz as Executive Vice President and Chief Operating Officer, and Sheridan C. Swords as Executive Vice President and Chief Commercial Officer. Both appointments are effective immediately. Lentz, previously the CEO of Medallion Midstream, will oversee all asset operations, while Swords, previously in charge of commercial liquids and natural gas operations, will now also manage the Natural Gas Pipelines segment. The company issued a press release detailing these changes.

Filer
Oneok Inc. OKE · NYSE
Filed
Accession
0001213900-25-001635
CIK
0001039684
Signal
Medium impactEnergy

Items reported

Item 5.02

Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers

New COO Appointed
Item 7.01

Regulation FD Disclosure

Regulation FD Disclosure
Item 9.01

Financial Statements and Exhibits

Exhibits Furnished

Market reaction

Close before filing

$101.62

Next session

+1.2%

Since filing

-10.6%

Latest close

$90.81

What happened, not what will happen — closing prices around the filing date.

Precedent

Previous filings from OKE reporting the same item, with the next session's move:

Exhibits (1)

About Oneok Inc.

Oneok Inc., a prominent energy company, plays a crucial role in the United States' natural gas and natural gas liquids (NGL) industries. As an integral midstream service provider, Oneok focuses on gathering, processing, transportation, and storage of natural gas, as well as the fractionation and distribution of NGL products. Its operations span extensive and strategically positioned infrastructure, particularly in prolific production areas like the Rocky Mountains, Mid-Continent, and Permian Basin regions. These operations allow Oneok to efficiently manage the supply chain of hydrocarbons from the extraction points to end-users, ensuring a reliable energy supply. The company's comprehensive service offerings cater to a diverse clientele, including utilities, refiners, and chemical companies. Established in 1906, Oneok has significantly contributed to the energy landscape by enhancing the value chain of natural gas and fostering the transition towards cleaner energy sources. The company's dedication to safety, operational excellence, and sustainability underscores its commitment to the evolving energy market.

Exchange NYSE Industry Oil & Gas Midstream Company website ↗

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