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ONEOK Partners Declares Quarterly Distribution

TULSA, Okla., April 21, 2016 /PRNewswire/ -- The board of directors of the general partner of ONEOK Partners, L.P. OKS, +2.72% today declared a quarterly cash distribution of 79 cents per unit, effective for the first quarter 2016, payable May 13, 2016, to unitholders of record as of May 2, 2016.

The distribution remains unchanged from the previous quarter.

ONEOK Partners has increased its distribution by 98 percent since April 2006, when a wholly owned subsidiary of ONEOK, Inc. OKE, +1.66% became the sole general partner.

ONEOK Partners, L.P. (pronounced ONE-OAK) (NYSE: OKS) is one of the largest publicly traded master limited partnerships in the United States and owns one of the nation's premier natural gas liquids (NGL) systems, connecting NGL supply in the Mid-Continent, Permian and Rocky Mountain regions with key market centers and is a leader in the gathering, processing, storage and transportation of natural gas in the U.S. Its general partner is a wholly owned subsidiary of ONEOK, Inc. OKE, +1.66% a pure-play publicly traded general partner, which owns 41.2 percent of the overall partnership interest, as of Dec. 31, 2015.

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Some of the statements contained and incorporated in this news release are forward-looking statements as defined under federal securities laws. The forward-looking statements relate to our anticipated financial performance (including projected levels of quarterly and...