ONEOK (OKE) Announces a New Gas Pipeline
ONEOK, Inc. (NYSE:OKE) is one of the Best Low Cost Stocks to Buy According to Analysts. On August 25, ONEOK, Inc. (NYSE:OKE), along with WhiteWater, MPLX, and Enbridge, announced a new natural gas pipeline called the Eiger Express. The pipeline is expected to transport gas from the Permian Basin in West Texas to the Houston area and Corpus Christi markets in Texas. It is about 450 miles long and 42 inches in diameter, and can carry up to 2.5 billion cubic feet of natural gas per day. Management noted th ...