2. As of noon trading, ONEOK ( OKE) is down $0.39 (-0.8%) to $50.80 on light volume Thus far, 458,802 shares of ONEOK exchanged hands as compared to its average daily volume of 1.3 million shares. The stock has ranged in price between $50.71-$51.25 after having opened the day at $51.21 as compared to the previous trading day's close of $51.19.

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 $10.6 billion and is part of the utilities industry. The company has a P/E ratio of 31.4, above the S&P 500 P/E ratio of 17.7. Shares are up 18.9% year to date as of the close of trading on Monday.

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.

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