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NEW YORK ( TheStreet) -- ONEOK (NYSE: OKE) hit a new 52-week high Thursday as it is currently trading at $76.28, above its previous 52-week high of $76.27 with 316,900 shares traded as of 12:05 p.m. ET. Average volume has been 1.1 million shares over the past 30 days. ONEOK has a market cap of $7.6 billion and is part of the utilities sector and utilities industry. Shares are up 34.3% year to date as of the close of trading on Wednesday. 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 24.7, below the average utilities industry P/E ratio of 24.9 and above the S&P 500 P/E ratio of 17.7.