ONEOK stock slides 2.27% and underperforms competitors
Updated
Updated · MarketWatch · May 1
ONEOK stock slides 2.27% and underperforms competitors
7 articles · Updated · MarketWatch · May 1
Shares closed at $90.36 as the S&P 500 rose 0.29% to 7,230.12 and the Dow fell 0.31% to 49,499.27.
The stock finished 5.18% below its 52-week high of $95.30 reached on 27 March.
Peers also declined, but less sharply: Atmos Energy fell 0.76%, NiSource 0.41% and UGI 1.91%. Trading volume was 3.5 million, below the 50-day average of 5.1 million.
With global energy disruptions and U.S. LNG growth, is ONEOK’s current undervaluation a rare opportunity or a warning sign of hidden risks ahead?
How might rising AI data center demand and infrastructure bottlenecks reshape the future for ONEOK and the entire midstream energy sector?