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Why ONEOK Has Outperformed Its Peers in 2018

Ruth King
Why ONEOK Has Outperformed Its Peers in 2018

ONEOK (OKE) stock has risen ~21% so far in 2018, outperforming its peers in the midstream sector. Kinder Morgan (KMI) and Williams Companies (WMB) have each fallen ~5% over the same timeframe. The Energy Select Sector SPDR ETF (XLE) has risen ~1% YTD (year-to-date).