ONEOK Gets a Major Investor

Oklahoma’s ONEOK just got another major investor this week.  State Street, the world’s 3rd largest investment firm based in Boston, Massachusetts made a significant purchase of ONEOK shares.

State Street, with $2.8 trillion in assets and investments acquired 19,435,989 shares in ONEOK, giving it 5.07% ownership. The purchase was revealed in a filing made by ONEOK with the Securities and Exchange Commission.

State Street is the same firm that also made a large purchase of shares in Oklahoma City-based Chesapeake Energy as OK Energy Today reported elsewhere in this site and newsletter.

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