tollbooth
OKE Stock: Is ONEOK a Buy? | NGL Processing Play
ONEOK is a Midwest and Rocky Mountain NGL pipeline powerhouse that doubled in size with the Magellan Midstream merger — creating a diversified tollbooth spanning natural gas liquids, crude oil, and refined products with 50,000+ miles of pipeline infrastructure. This analysis is part of Energy Macro’s Tollbooth Royalties research.