Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.
) pushed the Utilities sector lower today making it today's featured Utilities laggard. The sector as a whole closed the day down 0.3%. By the end of trading, ONEOK fell $2.42 (-4.0%) to $58.81 on heavy volume. Throughout the day, 2,840,420 shares of ONEOK exchanged hands as compared to its average daily volume of 1,727,100 shares. The stock ranged in price between $57.97-$59.97 after having opened the day at $59.20 as compared to the previous trading day's close of $61.23. Other companies within the Utilities sector that declined today were:
), down 5.4%,
), down 5.3%,
), down 4.9% and
), down 3.6%.
- EXCLUSIVE OFFER: Jim Cramer's Protégé, Dave Peltier, only buys Stocks Under $10 that he thinks could potentially double. See what he's trading today with a 14-day FREE pass
ONEOK, Inc. operates as a diversified energy company in the United States. The company operates in three segments: ONEOK Partners, Natural Gas Distribution, and Energy Services. ONEOK has a market cap of $12.5 billion and is part of the utilities industry. Shares are down 1.5% year to date as of the close of trading on Monday. Currently there are 7 analysts that rate ONEOK a buy, no analysts rate it a sell, and 4 rate it a hold.
TheStreet Ratings rates
. The company's strengths can be seen in multiple areas, such as its revenue growth, good cash flow from operations and solid stock price performance. We feel these strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated.
- You can view the full ONEOK Ratings Report.
On the positive front,
), up 7.1%,
), up 3.1%,
), up 2.4% and
), up 2.3% , were all gainers within the utilities sector with
) being today's featured utilities sector leader.
- Use our utilities section to find sector-relevant news.
- Or find some new ideas from our top rated stocks lists.
For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the utilities sector could consider
) while those bearish on the utilities sector could consider
- Find other investment ideas from our top rated ETFs lists.