ONEOK closes Apollo investment: What it means for ONEOK stock
Published on 10/03/2026 at 10:18 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
ONEOK closed its $9 billion minority equity investment with Apollo on September 10, 2026, according to ONEOK's newsroom. The transaction is the most recent company event identified in the issuer's published updates.
Apollo investment
ONEOK's newsroom lists the minority equity investment with Apollo as a company news release dated September 10, 2026. The issuer's newsroom identifies ONEOK, Inc. as the company behind the announcement.
Brazos transaction
In a separate August 30, 2026 announcement, ONEOK said it had executed a definitive agreement to acquire Brazos Midstream's Permian Midland Basin natural gas gathering and processing assets for $4.425 billion in cash, according to ONEOK's newsroom. The company said the acquisition would be funded through a $9 billion nonvoting minority equity investment managed by Apollo and that it intended to use $5 billion of the proceeds to reduce existing indebtedness.
