3. As of noon trading, ONEOK ( OKE) is down $0.21 (-0.4%) to $47.74 on light volume Thus far, 499,634 shares of ONEOK exchanged hands as compared to its average daily volume of 1.4 million shares. The stock has ranged in price between $47.50-$47.99 after having opened the day at $47.77 as compared to the previous trading day's close of $47.95.

ONEOK, Inc., a diversified energy company, engages in the gathering, processing, storage, and transportation of natural gas and natural gas liquids in the United States. The company operates through three segments: ONEOK Partners, Natural Gas Distribution, and Energy Services. ONEOK has a market cap of $9.8 billion and is part of the utilities industry. The company has a P/E ratio of 28.9, above the S&P 500 P/E ratio of 17.7. Shares are up 11.7% year to date as of the close of trading on Tuesday. Currently there are 8 analysts that rate ONEOK a buy, no analysts rate it a sell, and 2 rate it a hold.

TheStreet Ratings rates ONEOK as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, notable return on equity, growth in earnings per share and increase in net income. We feel these strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated. Get the full ONEOK Ratings Report now.

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