Benson Investment Management acquired 73,875 shares of ONEOK for $5.4 million in the third quarter, representing 1.8% of reportable assets. This new position is outside the fund’s top five holdings. ONEOK’s stock price was at $69.09, down 29% in the past year. The company reported $28 billion in revenue and $3.1 billion in net income over the trailing twelve months. ONEOK provides natural gas gathering, processing, storage, and transportation services across the U.S., serving energy producers and end users.

In the second quarter of 2025, ONEOK reported strong earnings growth with net income up 9% year over year. The company targets $8 billion to $8.45 billion in full-year adjusted EBITDA and maintains a $4.12 annualized dividend. Benson Investment Management’s new position in ONEOK offers diversification and yield in a portfolio primarily focused on tech and metals. The company will report earnings on October 29.

Read more at Nasdaq: Benson Adds $5.4 Million Stake in Energy Giant ONEOK