4 unchanged sentences
PERFORMANCE GRAPH
−Removed: The following performance graph compares the performance of our common stock with the S&P 500 Index, the Alerian Midstream Energy Select Index and a ONEOK Peer Group during the period beginning on December 31, 2017, and ending on December 31, 2022.
+Added: The following performance graph compares the performance of our common stock with the S&P 500 Index, the Alerian Midstream Energy Select Index, the S&P 500 Energy Index and a ONEOK Peer Group during the period beginning on December 31, 2018, and ending on December 31, 2023.
Value of a $100 Investment, Assuming Reinvestment of Distributions/Dividends,
at December 31, 2018, and at the End of Every Year Through December 31, 2023.
+Added: T able of Contents
Cumulative Total Return
3 unchanged sentences
S&P 500 Index $ 131.49 $ 155.68 $ 200.37 $ 164.08 $ 207.21
−Removed: ONEOK Peer Group (a) $ 88.62 $ 104.19 $ 76.75 $ 102.24 $ 129.86
+Added: S&P 500 Energy Index (a)
+Added: $ 111.81 $ 74.16 $ 114.49 $ 189.40 $ 186.71
Alerian Midstream Energy Select Index (b)
−Removed: (a) - The current ONEOK Peer Group is composed of the following companies:
−Removed: DCP Midstream, LP;
+Added: $ 121.76 $ 92.76 $ 133.62 $ 158.45 $ 182.54
+Added: ONEOK Peer Group (c)
+Added: $ 115.22 $ 84.74 $ 115.08 $ 148.51 $ 174.65
+Added: (a) - The S&P 500 Energy Index is a subindex of the S&P 500 that includes those companies classified as members of the energy sector.
+Added: (b) - The Alerian Midstream Energy Select Index measures the composite performance of approximately 25 North American energy infrastructure companies that are engaged in midstream activities involving energy commodities.
+Added: Beginning in 2024, we will replace the Alerian Midstream Energy Select Index with the S&P 500 Energy Index as it is more relevant to our business subsequent to the Magellan Acquisition.
+Added: (c) - The current ONEOK Peer Group is composed of the following companies:
Energy Transfer LP;
2 unchanged sentences
Kinder Morgan, Inc.;
−Removed: Magellan Midstream Partners, L.P.;
NuStar Energy L.P.;
3 unchanged sentences
and The Williams Companies, Inc.
−Removed: (b) - The Alerian Midstream Energy Select Index measures the composite performance of approximately 29 North American energy infrastructure companies who are engaged in midstream activities involving energy commodities.
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.