ONEOK (OKE) has risen sharply, recording gains of 4.89% in the past 4 weeks. However, the stock has corrected -5.49% in the past 1 week, providing a good buying opportunity on dips. On a relative basis, the stock has outperformed the S&P 500 by 5.11% in the past 4 weeks, but has underperformed the S&P 500 in the past 1 week.
Company shares have received an average consensus rating of Hold for the current week The stock has recorded a twenty day Moving Average of 1.52% and the fifty day Moving Average is 1.98%. ONEOK Inc. is up 11.44% in the last three month period. Year-to-Date the stock performance stands at 101.72%.
ONEOK (OKE) : Average target price received by ONEOK (OKE) is $43.25 with an expected standard deviation of $5.04. The most aggressive target on the stock is $49, whereas the most downbeat target is $32. 8 financial analysts are currently covering the stock.
ONEOK (NYSE:OKE): On Fridays trading session , Opening price of the stock was $47.22 with an intraday high of $47.92. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $46.59. However, the stock managed to close at $46.98, a loss of 0.09% for the day. On the previous day, the stock had closed at $47.02. The total traded volume of the day was 1,308,293 shares.
ONEOK, Inc. is the sole general partner of ONEOK Partners, L.P. (ONEOK Partners), a master limited partnership engaged in the gathering, processing, storage and transportation of natural gas in the United States. The Company operates through three segments: Natural Gas Gathering and Processing, Natural Gas Liquids, and Natural Gas Pipelines. The Natural Gas Gathering and Processing segment provides nondiscretionary services to producers, including gathering and processing of natural gas produced from crude oil and natural gas wells. The Natural Gas Liquids segment owns and operates facilities that gather, fractionate, treat and distribute natural gas liquids (NGLs), and store NGL products, primarily in Oklahoma, Kansas, Texas, New Mexico and the Rocky Mountain region. The Natural Gas Pipelines segment owns and operates regulated natural gas transmission pipelines and natural gas storage facilities.