ONEOK Provides Update on Fire Incident at Mont Belvieu Facility

ONEOK Update on Mont Belvieu Incident

On October 6, 2025, ONEOK, Inc. (NYSE: OKE) experienced a fire in the heating system of its MB-4 fractionator located at the Mont Belvieu, Texas fractionation complex. The company acknowledged the rapid response from employees, first responders, and the local community in managing the situation, reaffirming that the safety of its workforce and the community is its top priority.

Fortunately, no injuries were reported among the staff during this incident. In a swift move, all fractionation operations at the facility were halted, and the fire, which was localized to the MB-4 unit, was extinguished promptly. ONEOK is currently conducting initial safety assessments and plans to resume operations throughout the complex, except for the MB-4 fractionator, which will undergo necessary repairs before restarting.

It is noteworthy that ONEOK does not foresee any substantial impact on its financial standing, operational results, or cash flow as a result of this incident. The company continues to maintain its commitment to delivering critical energy products and services essential for a progressing world.

As a significant midstream operator, ONEOK provides various services, including gathering, processing, fractionation, transportation, and storage of energy products. With a pipeline network spanning approximately 60,000 miles, ONEOK plays a crucial role in transporting natural gas, natural gas liquids (NGLs), refined products, and crude oil to meet both domestic and international energy demands. This infrastructure is vital for ensuring energy security and delivering reliable energy solutions now and in the future.

Headquartered in Tulsa, Oklahoma, ONEOK stands as a major player in North America's integrated energy infrastructure sector. The company is committed to providing energy that positively impacts the lives of individuals within the U.S. and beyond. For further details about ONEOK and its operations, interested parties can visit ONEOK's website and follow the latest updates on social media platforms such as LinkedIn, Facebook, X, and Instagram.

In closing, while immediate concerns have been addressed, the company is continuing to monitor the situation closely. Forward-looking statements contained in the announcement focus on anticipated financial performance and operational conditions. These statements are not guaranteed and depend on a variety of external factors that may affect ONEOK's future performance. Stakeholders are advised to consider these factors carefully as they could lead to variations in the actual results.

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