ONE Gas, Inc.
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Must-know: Why ONEOK restructured its business, creating ONE Gas
Earlier this year, ONEOK (OKE) created a new stand-alone publicly traded company called ONE Gas (OGS), separating its natural gas distribution business into a separate dedicated company. The company believes that by having two separate companies, each of the companies will have a greater focus on its individual strategy, financial strength, and growth potential.
Natural Gas Liquids Segment Drives ONEOK’s EBITDA Growth
After the separation of ONE Gas (OGS) and the closure of ONEOK’s (OKE) energy services segment in 2014, OKE now operates as a pure-play general partner of ONEOK Partners (OKS).
Mario Gabelli’s GAMCO Investors goes activist on National Fuel Gas
Activist investor Mario Gabelli’s GAMCO Investors, which owns a 9.1% in National Fuel Gas (NFG), is pressuring the company to spin off its gas utility segment from its natural gas exploration and midstream assets.
