8-K: ONEOK Announces 2024 Annual Shareholder Meeting Details

ONEOK, Inc. will hold its 2024 annual shareholder meeting virtually on May 22, 2024, with a record date of March 25, 2024.

Summary

• ONEOK, Inc. has announced its 2024 annual meeting of shareholders will be held virtually.
• The meeting is scheduled for May 22, 2024, at 9 a.m. Central Daylight Time.
• The meeting will be accessible via a live webcast.
• The record date for determining shareholders eligible to vote is March 25, 2024.
• Registration for the meeting will open on April 3, 2024.

Sentiment

Score: 7

Explanation: The document is a routine announcement of the annual meeting, which is a neutral event. The information is clear and straightforward, indicating a stable and well-organized company.

Positives

• The virtual format of the meeting allows for broader accessibility for shareholders.
• The company has provided clear dates for the meeting, record date, and registration opening.

Industry Context

This announcement is typical for publicly traded companies, ensuring shareholders are informed about the annual meeting and their voting rights. ONEOK operates in the midstream energy sector, and this meeting is a routine part of their corporate governance.

Comparison to Industry Standards

• Holding annual meetings is standard practice for all publicly listed companies, including ONEOK's peers in the energy sector such as Kinder Morgan, Enterprise Products Partners, and Williams Companies.
• The use of a virtual format for the annual meeting is becoming increasingly common, especially since the COVID-19 pandemic, as it allows for greater shareholder participation and reduces costs.
• The timing of the meeting and the record date are consistent with typical corporate governance practices.

Stakeholder Impact

• Shareholders are informed about the upcoming annual meeting and their voting rights.
• The virtual format may increase accessibility for shareholders to participate in the meeting.

Next Steps

• Shareholders should register for the virtual meeting starting April 3, 2024.
• Shareholders should ensure they are registered by the record date of March 25, 2024, to be eligible to vote.

Key Dates

Keywords

Annual Meeting, Shareholders, Virtual Meeting, ONEOK, Record Date, Webcast, Energy Infrastructure, Midstream