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ONEOK Inc. Message Board

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  • lner2512 lner2512 Mar 19, 2007 9:32 PM Flag

    OKE & OKS Relationship

    Part of the answer to your question about why OKE is a corporation and OKS an MLP--and the reason I own both--is that there are restrictions on IRAs and other tax-exempt entities owning MLP's. I own OKS in my taxable account and OKE in my IRA. Both have dones very well.

    Also, OKE was a regulated public utility long before MLPs came along; unwinding that structure might not be easy or cheap.

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