ONEOK, Inc. (NYSE:OKE) is part of the Best Low Cost Stocks to Buy According to Analysts. They, along with other companies, announced a new natural gas pipeline called the Eiger Express, transporting gas from the Permian Basin to Texas markets. The pipeline is 450 miles long, 42 inches in diameter, and can carry 2.5 billion cubic feet of gas per day.

The Eiger Express pipeline will source gas from processing plants operated by ONEOK and MPLX, connecting the Midland and Delaware basins. The joint venture for this project is majority owned by the Matterhorn joint venture, with ONEOK having a 15% stake and MPLX with 15%. WhiteWater will build and operate the pipeline.

ONEOK, Inc. (NYSE:OKE) is a midstream energy company specializing in gathering, processing, transportation, storage, and export of natural gas and liquids. The company is involved in the new Eiger Express pipeline project, which will benefit Texas markets.

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Read more at Yahoo Finance: ONEOK (OKE) Announces a New Gas Pipeline