Oneok, Inc. (OKE) reported strong Q2 2025 earnings with adjusted EBITDA reaching $1.98 billion, a 12% increase from Q1 and 22% year-over-year. The performance was driven by strategic acquisitions of EnLink Midstream and Medallion, which contributed $450 million in adjusted EBITDA, including $50 million from EnLink and $39 million from Medallion. These acquisitions enhanced capacity in the Permian Basin and Mid-Continent, unlocking $250 million in synergies for 2025. The company also reported strong regional throughput, with the Natural Gas Liquids segment generating $673 million in EBITDA and the Refined Products and Crude segment contributing $557 million. Despite challenges like lower NGL prices, Oneok maintained operational resilience. Analysts have raised 2025 earnings estimates by 7.74% year-over-year to a consensus EPS of $5.57, with a $30.53 billion revenue forecast and a forward PEG ratio of 1.9. The company has $250 million in 2025 synergies and $1.3 billion in tax savings over five years from new legislation. Oneok is advancing the Bighorn natural gas processing plant, which will add 300 million cubic feet per day by mid-2027, expanding capacity to 1.1 billion cubic feet per day. The company maintains a Zacks Rank #2 (Buy) and is positioned to outperform 'Hold' ratings due to disciplined capital allocation, fee-based assets, and strong liquidity, including $97 million in cash and a $3.5 billion credit facility.

The Canadian federal government has announced $80 million in funding to construct 159 new rental homes in Toronto's Bedford Park neighborhood as part of the Apartment Construction Loan Program (ACLP). This initiative aims to build over 131,000 rental units nationwide by 2031-32, prioritizing affordable housing for lower-income families and supporting local construction industries.

Medallion Financial Corp is a specialty finance company offering consumer and mezzanine loans through subsidiaries like Medallion Bank, which operates as an industrial bank. The company's leadership includes executives such as Alvin Murstein (Chairman/CEO), Andrew Murstein (President/COO), and Anthony Cutrone (CFO).

A New York financier and his publicly traded firm, Medallion Financial Corp., were ordered to pay $4 million for allegedly planting fake news articles online to boost the company’s stock price. The Securities and Exchange Commission (SEC) alleges that Medallion’s president, Andrew Murstein, and communications specialist Lawrence Meyers orchestrated a scheme to manipulate investor perceptions by publishing 50 fabricated stories from 2014 to 2017 on sites like HuffPost. The settlement, approved by Judge Lewis A. Kaplan, resolves a case brought under the SEC’s oversight of corporate fraud, with Medallion and Murstein neither admitting nor denying the allegations.

Medallion Bank, an FDIC-insured bank specializing in consumer loans for recreational vehicles, boats, and home improvements, announced it will redeem all outstanding shares of its Series F Preferred Stock on July 1, 2025 at $25.00 per share. The redemption does not include unpaid dividends, which will be paid separately on the same date.