1. As of noon trading, ONEOK ( OKE) is up $0.58 (1.2%) to $48.25 on heavy volume Thus far, 1.0 million shares of ONEOK exchanged hands as compared to its average daily volume of 1.3 million shares. The stock has ranged in price between $47.54-$48.42 after having opened the day at $47.65 as compared to the previous trading day's close of $47.67. 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 $9.8 billion and is part of the utilities industry. The company has a P/E ratio of 29.1, above the S&P 500 P/E ratio of 17.7. Shares are up 11.5% year to date as of the close of trading on Thursday. 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 notable return on equity and solid stock price performance. We feel these strengths outweigh the fact that the company has had sub par growth in net income. Get the full ONEOK Ratings Report now. Exclusive Offer: Jim Cramer's 'go-to' small/mid-cap guru Bryan Ashenberg only buys stocks he thinks could return 50-100%. See his top picks for 14-days FREE. If you are interested in one of these 4 stocks, ETFs may be of interest. Investors who are bullish on the utilities sector could consider Utilities Select Sector SPDR ( XLU) while those bearish on the utilities sector could consider ProShares UltraShort Utilities ( SDP). A reminder about TheStreet Ratings group: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model.