{"id":10333,"date":"2023-05-18T07:26:29","date_gmt":"2023-05-18T11:26:29","guid":{"rendered":"https:\/\/ifintechworld.com\/news\/oneok-buying-magellan-creates-6-7-yielding-life-changing-opportunity-nysemmp\/"},"modified":"2023-05-18T07:26:31","modified_gmt":"2023-05-18T11:26:31","slug":"oneok-buying-magellan-creates-6-7-yielding-life-changing-opportunity-nysemmp","status":"publish","type":"post","link":"https:\/\/ifintechworld.com\/?p=10333","title":{"rendered":"ONEOK Buying Magellan Creates 6.7% Yielding Life-Changing Opportunity (NYSE:MMP)"},"content":{"rendered":"
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The video version of this article was published on Dividend Kings on Tuesday, May 16th.<\/em><\/p>\n

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Midstream investors remember the dark days following the 2014 oil crash. For years, the industry struggled to adapt its business model from one reliant on cheap debt and stock financing to the gold standard of self-funding.<\/span><\/p>\n

“Kindered” became a verb about midstreams who would buy out their MLPs and harm investors in the process, hitting them with tax bills and stealth dividend cuts.<\/p>\n

Even Enbridge Inc. (ENB), the dividend aristocrat midstream king of risk management, was forced to buy out its MLPs is a way that hurt many long-term investors.<\/p>\n

Well, M&A is back in the midstream space, but this time really is different.<\/p>\n

Let me show you how ONEOK, Inc.<\/strong> (NYSE:OKE<\/span>) buying Magellan Midstream Partners, L.P.<\/strong> (NYSE:MMP<\/span>) is the new gold standard of how to do midstream M&A right and not hurt anyone in the process.<\/span><\/p>\n

In fact, as I’ll show you, ONEOK’s acquisition of Magellan creates one of the most attractive 6.7% yields on earth and a potentially life-changing opportunity for income investors.<\/p>\n

ONEOK Buying Magellan For $18.8 Billion<\/h2>\n

An Introduction To ONEOK<\/h4>\n