$40.96 0.42 (+1.04%)
12/4/2009 11:16 AM

ONEOK, Inc. (OKE)

CAPS Rating: 4 out of 5

An energy company that purchases, transports, stores and distributes natural gas.

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1
Member Avatar 50day (21.05) Submitted: 12/22/2006 8:07:19 PM : Outperform Start Price: $33.30 OKE Score: +31.12

Founded in 1906. What I picture is a bunch of old school business men that don't monkey around with the company's or the stockholders money. No fat stock options deals, no cooking of the books, and no bull. All business. Plus we're paid a nice dividend to hold the stock.
On the broader view of energy in general, our country is in for a shock 10 years or so from now. I don't know what we will be paying for gasoline, natural gas, electricity, etc, but we will wish for the good old days of 2006. The 21st century has brought us suicide bombers and energy as a weapon. I'm pessimistic about it reverting back to just being energy to power your car and heat your home.
So the companies that control the energy should be a safe and profitable bet. But their infrastructure must not be exposed to the anarchy in countries where much of the oil and gas is found. Oneok avoids the anarchy.

There you have it...
Dave

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