NEW YORK ( TheStreet) -- ONEOK Partners (NYSE: OKS) hit a new 52-week high Friday as it is currently trading at $49.25, above its previous 52-week high of $49.18 with 126,422 shares traded as of 12:26 p.m. ET. Average volume has been 296,500 shares over the past 30 days. ONEOK has a market cap of $6.2 billion and is part of the basic materials sector and energy industry. Shares are up 20.6% year to date as of the close of trading on Thursday. ONEOK Partners, L.P. engages in the gathering, processing, storage, and transportation of natural gas in the United States. The company has a P/E ratio of 20.3, equal to the average energy industry P/E ratio and above the S&P 500 P/E ratio of 17.7.
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