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Is It Time To Reassess ONEOK (OKE) After Its Mixed Share Price Performance

Is It Time To Reassess ONEOK (OKE) After Its Mixed Share Price Performance

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  • If you are wondering whether ONEOK at around US$87.33 is offering fair value or a potential mispricing, you are not alone. Many investors are asking the same question right now.

  • The stock has returned 1.4% over the last week, 12.0% over the last month, 17.5% year to date and 50.4% over three years, while the one year return of a 6.0% decline adds an extra layer of risk and reward questions for long term holders.

  • Recent news coverage has focused on ONEOK as a major US energy infrastructure operator, with attention on how its pipeline and midstream footprint positions it within the broader energy sector….

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