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Here's How Much You Would Have Made Owning ONEOK Stock In The Last 20 Years

Published 20/10/2023, 22:00
© Reuters. Here's How Much You Would Have Made Owning ONEOK Stock In The Last 20 Years
OKE
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Benzinga - by Benzinga Insights, Benzinga Staff Writer.

ONEOK (NYSE:OKE) has outperformed the market over the past 20 years by 2.75% on an annualized basis producing an average annual return of 9.94%. Currently, ONEOK has a market capitalization of $39.36 billion.

Buying $1000 In OKE: If an investor had bought $1000 of OKE stock 20 years ago, it would be worth $6,612.52 today based on a price of $67.58 for OKE at the time of writing.

ONEOK's Performance Over Last 20 Years

Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

© 2023 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

Read the original article on Benzinga

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