OneOK: Why It Dropped, And Why Now Is The Time To Buy (NYSE:OKE)

Core Viewpoint - ONEOK (OKE) has experienced a significant decline of 28% over the past year, including dividends, with its stock price nearly halved since its peak in November 2024 [1] Group 1: Stock Performance - The three-year performance of ONEOK is characterized by substantial underperformance compared to market expectations [1] Group 2: Investment Strategy - The analysis emphasizes a fundamental approach to investment, focusing on individual issues and asset classes that are currently out of favor, presenting a favorable risk/reward trade-off [1]