Western Midstream Partners, LP
WES · Energy
$48.99
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OKE Plans to Expand Permian Presence With Brazos Midland Acquisition
ONEOK agreed to acquire Brazos Midstream's Permian Midland Basin natural gas assets for $4.425 billion, funded by a $9 billion minority equity investment from Apollo. The deal, expected to close in Q4 2026, will more than double ONEOK's Midland Basin processing capacity to 2.3 Bcf/d and includes strategic synergies across the natural gas and NGL value chain.
3 Ultra-High-Yield Dividend Stocks to Buy in August (1 Yields Over 13.5%)
The article highlights three ultra-high-yield dividend stocks suitable for income-seeking investors: AGNC Investment (13.5%+ yield), Ares Capital (10% yield), and Western Midstream Partners (8% yield). All three companies have demonstrated stable or growing dividend payment histories, with strong financial positions supporting continued distributions despite higher risk profiles.