(Date of report) | July 25, 2014 |
(Date of earliest event reported) | July 23, 2014 |
Oklahoma | 001-13643 | 73-1520922 | ||
(State or other jurisdiction | (Commission | (IRS Employer | ||
of incorporation) | File Number) | Identification No.) | ||
Item 7.01 | Regulation FD Disclosure | |
On July 23, 2014, we announced that our board of directors approved a cash dividend of 57.5 cents per share of common stock. A copy of the news release is attached as Exhibit 99.1 and is incorporated herein by reference. On July 24, 2014, ONEOK Partners, L.P. (ONEOK Partners) announced that the board of directors of its general partner, ONEOK Partners GP, L.L.C., a wholly owned subsidiary of ONEOK, Inc., approved a cash distribution of 76 cents per unit for the second quarter 2014. A copy of the news release is attached as Exhibit 99.2 and is incorporated herein by reference. On July 24, ONEOK Partners announced plans to invest $365 million to $470 million to construct a new natural gas processing plant and related infrastructure in Grady and Stephens counties in Oklahoma. A copy of the news release is attached as Exhibit 99.3 and is incorporated herein by reference. The information disclosed in this Item 7.01, including Exhibits 99.1, 99.2 and 99.3 hereto, is being furnished and shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the Exchange Act), or otherwise subject to the liabilities under that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act except as expressly set forth by specific reference in such filing. | ||
Item 8.01 | Other Events | |
On July 23, 2014, our board of directors approved a cash dividend of 57.5 cents per share of common stock, payable August 14, 2014, to shareholders of record at the close of business August 4, 2014. On July 24, 2014, the board of directors of ONEOK Partners’ general partner, ONEOK Partners GP, L.L.C., approved a cash distribution of 76 cents per unit for the second quarter 2014. The second-quarter distribution is payable on August 14, 2014, to unitholders of record as of August 4, 2014. We own approximately 92.8 million common and Class B limited partner units and the entire 2 percent general partner interest, including incentive distribution rights, which together represented a 38.8 percent ownership interest in ONEOK Partners as of May 16, 2014. We receive our portion of the referenced second-quarter distribution in accordance with our ownership interests as provided under the terms of the ONEOK Partners partnership agreement. | ||
Item 9.01 | Financial Statements and Exhibits | |
(d) | Exhibits | |
Exhibit Number | Description | |
99.1 | News release issued by ONEOK, Inc. dated July 23, 2014 – Dividend. | |
99.2 | News release issued by ONEOK Partners, L.P. dated July 24, 2014 – Quarterly Distribution. | |
99.3 | News release issued by ONEOK Partners, L.P. dated July 24, 2014 – Knox Plant. | |
ONEOK, Inc. | |||
Date: | July 25, 2014 | By: | /s/ Derek S. Reiners |
Derek S. Reiners Senior Vice President, Chief Financial Officer and Treasurer | |||
Exhibit Number | Description | |
99.1 | News release issued by ONEOK, Inc. dated July 23, 2014 – Dividend. | |
99.2 | News release issued by ONEOK Partners, L.P. dated July 24, 2014 – Quarterly Distribution. | |
99.3 | News release issued by ONEOK Partners, L.P. dated July 24, 2014 – Knox Plant. | |