Complete the MB-4 NGL fractionator

Delivered by the deadline

AI-assessed · human review in progress Found and assessed by AI from the cited sources. Shown with its evidence; it is not counted in any Kept Score until confirmed.

Announced: 22 Feb 2018
Due: 31 Mar 2020

Deadline
Met
Late
Not met
Today

What the company said

“The new MB-4 fractionator and related infrastructure, which includes additional NGL storage capacity in Mont Belvieu, are expected to cost approximately $575 million and be completed in the first quarter 2020.”

SourceOneok Form 8-K press release, 2018-02-22
FilingSEC filing index
Deadline as statedfirst quarter 2020
Deadline used31 Mar 2020, the last day of the stated period
TypeFacility
Permanent referenceKI-C-2018-OKE-009924
Cite as https://keptindex.org/c/KI-C-2018-OKE-009924/ — this address never changes.

What we found

Evidence strength A What the grades mean

Later filings list the MB-4 fractionator as completed in March 2020, within the first quarter 2020 deadline. The excerpts give no exact day.

A
Oneok 10-Q filed 2020-04-29 Regulatory filing · published 29 Apr 2020 · retrieved 15 Oct 2026 · kept permanently by the SEC · fingerprint 181f6f00fe71
“March 2020 (c) Fully contracted with long-term contracts” ✓ confirmed on the page
A
Oneok 10-Q filed 2020-07-29 Regulatory filing · published 29 Jul 2020 · retrieved 15 Oct 2026 · kept permanently by the SEC · fingerprint 42bd5167f010
“March 2020 (b) Fully contracted with long-term contracts” ✓ confirmed on the page

Market reaction: the shares moved -7.4% against the S&P 500 over the three sessions around the disclosure (28 Apr 2020 to 1 May 2020). What this measures

Checked 15 Oct 2026.

Commitment lineage

Every time the company restated this commitment. The original is never changed, and the outcome is always measured against version 1.

2 versions

Version 1 · original · stated 22 Feb 2018

Deadline 31 Mar 2020 (“first quarter 2020”) · wording expected
Version 2 · stated 26 Feb 2018

Deadline 31 Mar 2020 (“First quarter 2020”) · target 125,000 bpd

“125,000 bpd fractionator and related infrastructure in Mont Belvieu, Texas $575 First quarter 2020”
Source for this version

Commitment DNA

The structured record of this commitment. Fields the company did not state are left blank rather than guessed.

Event type: Facility other
Indicative materiality: Medium rules
Action: Complete
Deliverable: MB-4 NGL fractionator
Where: Mont Belvieu, Texas
Language: Expected (“expects”, “plans”)
In the company’s control: High
Specificity: High
Conditional: Yes: Projects are subject to approvals from state and regulatory agencies
Depends on: Regulatory

How this entry was checked

Commitment recordedThe company's words were matched word for word against the filing.
First checkAn AI model, Claude (Anthropic), read the company's later filings and recorded the outcome with a quoted passage.
Second check: agreesA different AI model, Gemini (Google), re-read the evidence without being told the outcome and reached the same answer.

Not yet confirmed. Shown on the record, but it will not count in any score until it is confirmed. How verification works

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