ONEOK (NYSE:OKE) has outperformed the market over the past 20 years by 2.41% on an annualized basis producing an average annual return of 10.01%. Currently, ONEOK has a market capitalization of $29.33 billion.
Buying $1000 In OKE: If an investor had bought $1000 of OKE stock 20 years ago, it would be worth $6,999.47 today based on a price of $65.63 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.