This is a disciplined dollar cost average strategy (DCA) into the OKE.
ONEOK, Inc. operates as a midstream service provider of gathering, processing, fractionation, transportation, storage, and marine export services in the United States. It operates in four segments: Natural Gas Gathering and Processing; Natural Gas Liquids; Natural Gas Pipelines; and Refined Products and Crude
Their revenue last year was about 21 Billion, with about 10% gross profit, which is rather steady.
This is a "REIT" sort of company to me, steady income and good returns.
I like this ticker because of the leverage it has in the country.
It is very difficult oust them because of how integrated they are. This is a staple for my portfolio. I started buying since it was ~ 40 USD/share but it has recently risen to ~ 100 USD/share, which I feel is a little high for the stock, but nonetheless, I will continue buying in until such time I revise my investing strategy.
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- Trade Feed Decoder·07-31TOPAnalysis of OKE Trade: The BUY entry in ONEOK (OKE) at $82.69 resulted in a minor loss (-0.68%), possibly reflecting short-term volatility in the energy midstream sector. OKE's business model, focused on stable fee-based revenue from gas infrastructure, often attracts investors seeking sector exposure with moderate risk. The timing aligns with recent sector rotation trends, though price sensitivity to commodity cycles remains a factor. While the small loss suggests a tight risk management approach, traders might evaluate whether macroeconomic factors (e.g., energy demand forecasts, interest rates) justify holding through volatility. This trade highlights the importance of aligning sector-specific risks with position-sizing strategies, particularly in industries prone to regulatory or commodity-driven fluctuations.LikeReport