NEW YORK (
) hit a new 52-week high Tuesday as it is currently trading at $84.40, above its previous 52-week high of $84.33 with 105,446 shares traded as of 11 a.m. ET. Average volume has been 882,400 shares over the past 30 days.
ONEOK has a market cap of $8.45 billion and is part of the
industry. Shares are up 48.8% year to date as of the close of trading on Monday.
ONEOK, Inc., a diversified energy company, operates as a natural gas distributor primarily in the United States. It operates through three segments: ONEOK Partners; Distribution; and Energy Services. The company has a P/E ratio of 27, below the average utilities industry P/E ratio of 27.1 and above the S&P 500 P/E ratio of 17.7.
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TheStreet Ratings rates ONEOK as a
. The company's strengths can be seen in multiple areas, such as its growth in earnings per share, revenue growth, notable return on equity, increase in net income and solid stock price performance. We feel these strengths outweigh the fact that the company has had generally poor debt management on most measures that we evaluated. You can view the full
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