ONEOK, Inc. (NYSE:OKE) will look for M&A. Pierce Norton, President and Chief Executive Officer said during the Fourth Quarter 2023 Earnings Conference Call and Webcast, "That really question kind of falls in the bucket of mergers and acquisitions, I think. I just want to reemphasize that our primary focus is to continue to be integrating the Magellan acquisition and executing on the synergies and opportunities that we see to create the maximum value for our shareholders. So we're going to be -- we're going to continue to be intentional and disciplined in our approach to M&A. But I'd also say that we have and we will continue to look at other mergers and acquisitions in the context of how do they strengthen our competitive position".