ONEOK Slumps 1.75% as $280M Volume Slides 21.77% to 424th in U.S. Rankings

On September 8, 2025, , marking its weakest performance in recent sessions. , , ranking 424th in trading activity among U.S. equities. The move reflects a combination of sector-specific dynamics and broader market sentiment shifts.

Analysts observed that the decline aligns with recent in the energy infrastructure sector, where ONEOK operates as a key player in natural gas distribution. While no direct company-specific announcements were disclosed, industry-wide concerns over and regulatory adjustments continue to weigh on investor confidence. The reduced trading volume suggests limited short-term catalysts or speculative activity driving price action.

To construct this back-test rigorously, clarification on two critical parameters is required: First, the universe of stocks to be evaluated—whether all U.S.-listed equities or a defined subset such as S&P 500 constituents. Second, the trade-price convention must be established, including whether transactions occur at closing prices or another timing mechanism. These details will determine the methodology for data retrieval and back-testing execution.