NYSE:OKEOil and Gas
Is ONEOK (OKE) Pricing Reflecting Its Midstream Role And Recent Share Performance?
If you are wondering whether ONEOK’s current share price fairly reflects its underlying value, you are not alone. This article is built to help you connect the recent price action with the fundamentals.
ONEOK closed at US$86.11, with returns of 3.2% over the past week, 15.7% over the last 30 days, 15.8% year to date and a 7.8% decline over the past year, alongside longer term returns of 52.4% over 3 years and 150.4% over 5 years.
Recent news coverage around ONEOK has focused on its role as a...