Here's How Much You Would Have Made Owning ONEOK Stock In The Last 20 Years
Portfolio Pulse from Benzinga Insights
Over the past 20 years, ONEOK (NYSE:OKE) has delivered an average annual return of 9.96%, outperforming the market by 2.48% on an annualized basis. With a current market capitalization of $38.79 billion, a $1000 investment in OKE stock 20 years ago would be worth $6,721.86 today. The article highlights the impact of compounded returns on investment growth over time.
November 22, 2023 | 5:30 pm
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ONEOK has demonstrated strong performance with an average annual return of 9.96% over the past 20 years, significantly outperforming the market.
The historical performance data provided for ONEOK indicates a strong track record of returns, which could instill confidence in investors and potentially lead to a positive short-term impact on the stock price. The emphasis on compounded returns over a long period may attract investors looking for stable long-term investments, thus increasing demand for OKE shares in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100