- There are a number of catalysts for the midstream O&G sector in the coming few years.
- ONEOK is well-positioned and has a number of advantages over other large-cap midstream companies.
- Rapid growth and business expansion justifies the higher than average multiples of OKE.
- The main risk lies in the lagging marginality.
- Despite all the risks and the company's high multiples, ONEOK may be one of the best options given how fast the company is growing. Therefore, I recommend buying.
For further details see:
ONEOK: 7%-Yielding Midstream King With A Bunch Of Prospects