Large Outflow of Money Witnessed in ONEOK Partners, L.P.

ONEOK Partners, L.P. (OKS) During the most recent session, the shares traded at 8.56 points or 19.84% higher at $51.7. The money flow data is unimpressive with the net money flow value of $(-23.85) million. As per the intraday data, the upticks measured $204.18 million and the downticks measured $228.03 million. As a result, the up/down ratio registered a value of 0.9. The shares have seen 16.97% price change for the week.A block trade also made an entry with $20.26 million flowing in through upticks while $23.12 million flew out through downticks. The block tradeoff had the up/down ratio of 0.88. The net money flow for this big transaction was $(-2.87) million.Block trades are executed by Investment Banking firms or Wealth Managers shifting positions or Day traders taking advantage of trading signals.

Shares of ONEOK Partners, L.P. rose by 18.52% in the last five trading days and 22.38% for the last 4 weeks. ONEOK Partners, L.P. is up 32.45% in the last 3-month period. Year-to-Date the stock performance stands at 22.38%. ONEOK Partners, L.P. (NYSE:OKS) rose 19.84% or 8.56 points on Wednesday and made its way into the gainers of the day. After trading began at $56.39 the stock was seen hitting $57.41 as a peak level and $50.91 as the lowest level. The stock ended up at $51.7. The daily volume was measured at 19,113,361 shares. The 52-week high of the share price is $57.41 and the 52-week low is $22. The company has a market cap of $14,777 million.

Company has reported several Insider transactions to the SEC, on Mar 8, 2016, Sheppard F Iii Miers (VP & Chief Accounting Officer) purchased 6,400 shares at 31.49 per share price.On Dec 28, 2015, Terry K Spencer (CEO) purchased 6,700 shares at 29.73 per share price.On Dec 9, 2015, Michael G Hutchinson (director) purchased 1,000 shares at 25.99 per share price.

Oneok Partners LP Last issued its quarterly earnings results on Nov 1, 2016. The company reported $0.59 EPS for the quarter. Analyst had a consensus estimate of $0.59.Analysts expectations of $ 2289.53.During the same quarter in the previous year, the company posted $0.45 EPS.

Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Oneok Partners LP was Upgraded by Goldman to Neutral on Dec 15, 2016.

Northern Border Pipeline is a general partnership that owns an interstate pipeline system that transports natural gas from the Montana-Saskatchewan border to natural gas markets in the midwestern United States. This pipeline system connects with multiple pipelines that provide shippers with access to the various natural gas markets served by those pipelines.


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