Current Report
UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
Washington,
D.C. 20549
FORM
8-K
CURRENT
REPORT
PURSUANT
TO SECTION 13 OR 15(d) OF THE
SECURITIES
EXCHANGE ACT OF 1934
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(Date
of report)
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October
13, 2009
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(Date
of earliest event reported)
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October
8, 2009
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ONEOK
PARTNERS, L.P.
(Exact
name of registrant as specified in its charter)
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Delaware
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1-12202
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93-1120873
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(State
or other jurisdiction
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(Commission
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(IRS
Employer
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of
incorporation)
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File
Number)
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Identification
No.)
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100
West Fifth Street; Tulsa, OK
(Address
of principal executive offices)
74103-4298
(Zip
code)
(918)
588-7000
(Registrant’s
telephone number, including area code)
Not
Applicable
(Former
name or former address, if changed since last report)
[]
Written communication pursuant to Rule 425 under the Securities Act (17 CFR
230.425)
[]
Soliciting material pursuant to Rule 14a-12 under the Securities Act (17 CFR
240.14a-12)
[]
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act
(17 CFR 240.14d-2(b))
[]
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act
(17 CFR 240.13e-4(c))
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Item 8.01
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Other Events
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On
October 8, 2009, the board of directors of our general partner, ONEOK
Partners GP, L.L.C., announced an increase in our quarterly cash
distribution to $1.09 per unit from $1.08 per unit, effective for the
third quarter 2009, resulting in an annualized cash distribution of $4.36
per unit. The third quarter distribution is payable on November
13, 2009, to unitholders of record as of October 30,
2009.
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Item 9.01
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Financial Statements and
Exhibits
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Exhibits
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99.1 News
release issued by ONEOK Partners, L.P. dated October 8,
2009.
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2
SIGNATURE
Pursuant
to the requirements of the Securities Exchange Act of 1934, the registrant has
duly caused this report to be signed on its behalf by the undersigned, hereunto
duly authorized.
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ONEOK
Partners, L.P.
By: ONEOK
Partners GP, L.L.C.,
General
Partner
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Date:
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October
13, 2009
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By:
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/s/ Curtis L. Dinan
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Executive
Vice President -
Chief
Financial Officer
and
Treasurer
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3
Exhibit
99.1
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October
8, 2009
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Analyst
Contact:
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Andrew
Ziola
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918-588-7163
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Media
Contact:
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Brad
Borror
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918-588-7582
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ONEOK
Partners Increases Quarterly Distribution
TULSA,
Okla. – Oct. 8, 2009 – The board of directors of the general partner of ONEOK
Partners, L.P. (NYSE: OKS) today announced that it has increased the
partnership’s quarterly cash distribution to $1.09 per unit from $1.08 per unit,
effective for the third quarter 2009, resulting in an annualized cash
distribution of $4.36 per unit. The distribution is payable Nov. 13, 2009, to
unitholders of record as of Oct. 30, 2009.
“The
distribution increase reflects the benefit of our recently completed growth
projects, which have increased our fee-based earnings, as well as an improved
capital market environment,” said John W. Gibson, chairman and chief executive
officer of the general partner of ONEOK Partners. “As volumes behind these
projects continue to ramp up, we anticipate additional opportunities to increase
our distributions in the future.”
ONEOK
Partners has increased its distribution by more than 36 percent since April
2006, when a wholly owned subsidiary of ONEOK, Inc. (NYSE: OKE) became general
partner.
ONEOK
Partners, L.P. (NYSE: OKS) is one of the largest publicly traded master limited
partnerships and is a leader in the gathering, processing, storage and
transportation of natural gas in the U.S. and owns one of the nation’s premier
natural gas liquids (NGL) systems, connecting NGL supply in the Mid-Continent
and Rocky Mountain regions with key market centers. Its general partner is a
wholly owned subsidiary of ONEOK, Inc. (NYSE: OKE), a diversified energy
company, which owns 45.1 percent of the partnership. ONEOK is one of the largest
natural gas distributors in the United States, and its energy services operation
focuses primarily on marketing natural gas and related services throughout the
U.S.
For more
information, visit the Web site at www.oneokpartners.com.
Some of
the statements contained and incorporated in this news release are
forward-looking statements within the meaning of the Private Securities
Litigation Reform Act of 1995. The forward-looking statements relate to
financial adjustments in connection with the accelerated share repurchase
program and other matters. The Private Securities Litigation Reform Act of 1995
provides a safe harbor for forward-looking statements in certain circumstances.
OKS-FD
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