About OGE Energy (NYSE:OGE)
OGE Energy Corp. (OGE Energy) is an energy and energy services provider offering physical delivery and related services for both electricity and natural gas primarily in the south central United States. The Company operates through two segments: electric utility and natural gas midstream operations. The electric utility segment generates, transmits, distributes and sells electric energy in Oklahoma and western Arkansas. Its operations are conducted through Oklahoma Gas and Electric Company (OG&E). OG&E is an electric utility in Oklahoma and its franchised service territory includes Fort Smith, Arkansas and the surrounding communities. The natural gas midstream operations segment represents the Company's investment in Enable Midstream Partners, LP (Enable) through subsidiaries, and ultimately OGE Enogex Holdings LLC (OGE Holdings). Enable's assets and operations are organized into two segments: gathering and processing, and transportation and storage.
Industry, Sector and Symbol
Industry Electric Utilities
Trailing P/E Ratio17.2198952879581
Forward P/E Ratio17.34
Sales & Book Value
Annual Sales$2.26 billion
Price / Sales2.91
Cash Flow$3.54 per share
Price / Cash9.31
Book Value$17.25 per share
Price / Book1.91
Net Income$338.20 million
Return on Equity10.92%
Return on Assets3.73%
OGE Energy (NYSE:OGE) Frequently Asked Questions
What is OGE Energy's stock symbol?
OGE Energy trades on the New York Stock Exchange (NYSE) under the ticker symbol "OGE."
How often does OGE Energy pay dividends? What is the dividend yield for OGE Energy?
OGE Energy announced a quarterly dividend on Wednesday, February 21st. Investors of record on Tuesday, April 10th will be paid a dividend of $0.3325 per share on Monday, April 30th. This represents a $1.33 dividend on an annualized basis and a dividend yield of 4.04%. The ex-dividend date of this dividend is Monday, April 9th. View OGE Energy's Dividend History.
How were OGE Energy's earnings last quarter?
OGE Energy Corp. (NYSE:OGE) released its quarterly earnings results on Thursday, February, 22nd. The utilities provider reported $0.30 EPS for the quarter, beating the Zacks' consensus estimate of $0.28 by $0.02. The utilities provider earned $501.90 million during the quarter, compared to analyst estimates of $531.39 million. OGE Energy had a return on equity of 10.92% and a net margin of 16.69%. The firm's revenue for the quarter was down 5.4% compared to the same quarter last year. During the same period in the prior year, the business posted $0.29 EPS. View OGE Energy's Earnings History.
Where is OGE Energy's stock going? Where will OGE Energy's stock price be in 2018?
7 Wall Street analysts have issued 1 year price targets for OGE Energy's shares. Their forecasts range from $34.00 to $38.00. On average, they expect OGE Energy's stock price to reach $36.80 in the next twelve months. View Analyst Ratings for OGE Energy.
What are Wall Street analysts saying about OGE Energy stock?
Here are some recent quotes from research analysts about OGE Energy stock:
- 1. According to Zacks Investment Research, "Being the largest electric utility in Oklahoma, OGE Energy’s well-positioned regulated utility and unregulated midstream gas businesses continue to offset the prevailing tailwinds. The company makes OGE Energy makes steady investments in infrastructure projects, which are in sync with its strategy of providing reliable services to its customers and meeting the increasing demand. Moreover, the company is leveraging the topography of Oklahoma to develop wind-based energy assets. However, OGE Energy needs to watch out for stringent government regulations, volatility in commodity prices, challenges in the form of severe weather conditions and operational risks related to its transmission and distribution segments, going forward. The company's share price has underperformed the broader industry in the past year." (2/19/2018)
- 2. Jefferies Group LLC analysts commented, "OGE reported 1Q17 EPS of $0.18 versus $0.13 in 1Q16, our estimate of $0.15 and Consensus of $0.15." (5/5/2017)
Are investors shorting OGE Energy?
OGE Energy saw a increase in short interest during the month of January. As of January 12th, there was short interest totalling 4,607,483 shares, an increase of 47.7% from the December 29th total of 3,119,696 shares. Based on an average daily trading volume, of 1,438,711 shares, the days-to-cover ratio is presently 3.2 days. Approximately 2.3% of the shares of the company are short sold.
Who are some of OGE Energy's key competitors?
Some companies that are related to OGE Energy include Terna - Rete Elettrica Nazionale (TRN), Alliant Energy (LNT), Pinnacle West Capital (PNW), NRG Energy (NRG), Vistra Energy (VST), Enel Generacion Chile (EOCC), CPFL Energia (CPL), ITC (ITC), Westar Energy (WR), AES (AES), Pepco (POM), TECO Energy (TE), Great Plains Energy (GXP), Enel Chile (ENIC), SCANA (SCG), Calpine (CPN), Pampa Energia (PAM) and IDACORP (IDA).
Who are OGE Energy's key executives?
OGE Energy's management team includes the folowing people:
- Sean Trauschke, Chairman of the Board, President, Chief Executive Officer (Age 50)
- Stephen E. Merrill, Chief Financial Officer (Age 52)
- E. Keith Mitchell, Chief Operating Officer (Age 54)
- Scott E. Forbes, Chief Accounting Officer, Controller (Age 59)
- Cristina F. McQuistion, Vice President - Chief Information Officer - OG&E (Age 52)
- Patricia D. Horn, Vice President - Governance and Corporate Secretary (Age 58)
- Kenneth R. Grant, Vice President- Sales and Marketing - OG&E (Age 52)
- Jerry A. Peace, Vice President - Integrated Resource Planning and Development (Age 54)
- William H. Sultemeier, General Counsel (Age 49)
- Charles B. Walworth, Treasurer (Age 42)
Who owns OGE Energy stock?
OGE Energy's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (10.93%), Millennium Management LLC (2.04%), Bank of New York Mellon Corp (1.49%), Renaissance Technologies LLC (1.10%), Franklin Resources Inc. (0.91%) and Geode Capital Management LLC (0.85%). Company insiders that own OGE Energy stock include Cristina F Mcquistion, H Scott Forbes, Jean C Leger Jr, Luke R Corbett and Patricia D Horn. View Institutional Ownership Trends for OGE Energy.
Who sold OGE Energy stock? Who is selling OGE Energy stock?
OGE Energy's stock was sold by a variety of institutional investors in the last quarter, including First Trust Advisors LP, Citadel Advisors LLC, BlackRock Inc., Goldman Sachs Group Inc., Raymond James & Associates, Chicago Equity Partners LLC, Verition Fund Management LLC and Metropolitan Life Insurance Co. NY. Company insiders that have sold OGE Energy company stock in the last year include Cristina F Mcquistion, H Scott Forbes, Luke R Corbett and Patricia D Horn. View Insider Buying and Selling for OGE Energy.
Who bought OGE Energy stock? Who is buying OGE Energy stock?
OGE Energy's stock was purchased by a variety of institutional investors in the last quarter, including Millennium Management LLC, Amundi Pioneer Asset Management Inc., Renaissance Technologies LLC, Zimmer Partners LP, Deutsche Bank AG, OLD Republic International Corp, Strs Ohio and Two Sigma Investments LP. View Insider Buying and Selling for OGE Energy.
How do I buy OGE Energy stock?
Shares of OGE Energy can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is OGE Energy's stock price today?
One share of OGE Energy stock can currently be purchased for approximately $32.95.
How big of a company is OGE Energy?
OGE Energy has a market capitalization of $6.15 billion and generates $2.26 billion in revenue each year. The utilities provider earns $338.20 million in net income (profit) each year or $1.91 on an earnings per share basis. OGE Energy employs 2,453 workers across the globe.
How can I contact OGE Energy?
OGE Energy's mailing address is 321 N HARVEY P.O. BOX 321, OKLAHOMA CITY OK, 73101. The utilities provider can be reached via phone at 405-553-3000.
MarketBeat Community Rating for OGE Energy (OGE)MarketBeat's community ratings are surveys of what our community members think about OGE Energy and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
OGE Energy (NYSE:OGE) Analysts' Consensus Rating (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus analyst ratings for company stocks using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Today||30 Days Ago||90 Days Ago||180 Days Ago|
|Consensus Rating: ||Hold||Hold||Hold||Hold|
|Consensus Rating Score: ||2.43||2.29||2.00||2.40|
|Ratings Breakdown: ||0 Sell Rating(s)|
4 Hold Rating(s)
3 Buy Rating(s)
0 Strong Buy Rating(s)
|0 Sell Rating(s)|
5 Hold Rating(s)
2 Buy Rating(s)
0 Strong Buy Rating(s)
|1 Sell Rating(s)|
5 Hold Rating(s)
1 Buy Rating(s)
0 Strong Buy Rating(s)
|0 Sell Rating(s)|
3 Hold Rating(s)
2 Buy Rating(s)
0 Strong Buy Rating(s)
|Consensus Price Target: ||$36.80||$37.40||$36.67||$35.60|
|Price Target Upside: ||16.94% upside||19.11% upside||1.51% downside||1.77% downside|
OGE Energy (NYSE:OGE) Consensus Price Target History
OGE Energy (NYSE:OGE) Analyst Ratings History
(Data available from 2/23/2016 forward)
OGE Energy (NYSE:OGE) Earnings History and Estimates Chart
OGE Energy (NYSE OGE) Earnings History by Quarter
(Earnings results data provided by Zacks Investment Research)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|2/22/2018||Q4 2017||$0.28||$0.30||$531.39 million||$501.90 million||View||Listen|
|11/2/2017||Q3 2017||$0.93||$0.92||$728.18 million||$716.80 million||View||N/A|
|8/3/2017||Q2 2017||$0.47||$0.52||$563.00 million||$586.40 million||View||Listen|
|5/4/2017||Q1 17||$0.17||$0.18||$456.00 million||View||Listen|
|2/23/2017||Q416||$0.36||$0.29||$557.00 million||$530.80 million||View||Listen|
|8/4/2016||Q216||$0.41||$0.35||$569.62 million||$551.40 million||View||Listen|
|5/5/2016||Q116||$0.13||$0.13||$504.14 million||$433.10 million||View||Listen|
|2/26/2016||Q415||$0.23||$0.15||$532.90 million||$447.10 million||View||Listen|
|11/5/2015||Q315||$0.93||$0.55||$767.40 million||$719.80 million||View||Listen|
|8/6/2015||Q215||$0.44||$0.44||$617.86 million||$549.90 million||View||Listen|
|5/7/2015||Q115||$0.16||$0.22||$556.45 million||$480.10 million||View||Listen|
|2/26/2015||Q414||$0.27||$0.29||$519.85 million||$526.20 million||View||Listen|
|11/5/2014||Q314||$0.95||$0.94||$746.95 million||$754.70 million||View||Listen|
|8/7/2014||Q214||$0.51||$0.50||$594.60 million||$611.80 million||View||Listen|
|5/1/2014||Q1||$0.24||$0.25||$471.50 million||$560.40 million||View||Listen|
|2/25/2014||Q4||$0.25||$0.29||$468.10 million||$508.90 million||View||Listen|
|8/8/2013||Q2 2013||$0.48||$0.46||$734.00 million||View||Listen|
|5/2/2013||Q1 2013||$0.35||$0.23||$840.70 million||$901.40 million||View||Listen|
|2/27/2013||Q4 2012||$0.35||$0.39||$862.10 million||View||Listen|
|11/7/2012||Q312||$1.82||$1.87||$1.21 billion||$1.11 billion||View||N/A|
OGE Energy (NYSE:OGE) Earnings Estimates
Current Year EPS Consensus Estimate: $1.9 EPS
Next Year EPS Consensus Estimate: $1.99 EPS
OGE Energy (NYSE:OGE) Dividend Information
|Dividend Growth:||10.30% (3 Year Average)|
|Payout Ratio:||69.63% (Trailing 12 Months of Earnings) |
70.00% (Based on This Year's Estimates)
66.83% (Based on Next Year's Estimates)
|Track Record:||11 Years of Consecutive Dividend Growth|
OGE Energy (NYSE:OGE) Dividend History by Quarter
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
OGE Energy (NYSE OGE) Insider Trading and Institutional Ownership History
Insider Ownership Percentage: 0.48%
Institutional Ownership Percentage: 61.38%
OGE Energy (NYSE OGE) Insider Trades by Quarter
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Shares Held After Transaction||Details|
|11/15/2017||Patricia D. Horn||VP||Sell||10,051||$35.56||$357,413.56|| |
|8/8/2017||Luke R. Corbett||Director||Sell||1,250||$36.31||$45,387.50|| |
|8/7/2017||H Scott Forbes||Insider||Sell||4,670||$36.19||$169,007.30||18,311|| |
|3/7/2017||Cristina F Mcquistion||VP||Sell||1,013||$36.75||$37,227.75||10,777|| |
|9/8/2016||H Scott Forbes||Insider||Sell||4,959||$32.12||$159,283.08||22,241|| |
|8/9/2016||Jean C Leger Jr||VP||Sell||10,000||$31.17||$311,700.00||14,746|| |
|5/10/2016||H Scott Forbes||CAO||Sell||10,000||$30.51||$305,100.00||32,130|| |
|4/29/2016||H Scott Forbes||CAO||Sell||1,353||$29.50||$39,913.50||34,730|| |
|8/12/2015||Jerry A Peace||Insider||Sell||6,000||$30.42||$182,520.00|| |
|3/4/2015||Judy R Mcreynolds||Director||Buy||1,000||$31.70||$31,700.00|| |
|11/17/2014||Cristina F Mcquistion||VP||Sell||2,392||$36.72||$87,834.24|| |
|11/17/2014||H Scott Forbes||CAO||Sell||2,489||$36.53||$90,923.17|| |
|11/17/2014||Luke R Corbett||Director||Sell||2,300||$36.62||$84,226.00|| |
|8/19/2014||H Scott Forbes||CAO||Sell||6,196||$36.00||$223,056.00|| |
|8/18/2014||William J Bullard||Insider||Sell||7,618||$36.08||$274,857.44|| |
|5/8/2014||Jerry Peace||Insider||Sell||4,216||$37.00||$155,992.00||21,004|| |
|5/6/2014||Paul Renfrow||VP||Sell||7,785||$36.14||$281,349.90||16,982|| |
|3/4/2014||Jean Leger, Jr.||VP||Sell||7,000||$35.82||$250,740.00||22,841|| |
|2/27/2014||Jerry Peace||Insider||Sell||3,000||$36.16||$108,480.00||25,220|| |
|8/20/2013||Stephen Merrill||COO||Sell||5,200||$35.85||$186,420.00||11,190|| |
|8/16/2013||Wayne Brunetti||Director||Buy||4,000||$36.05||$144,200.00||40,000|| |
|8/14/2013||Gary Huneryager||VP||Sell||4,954||$37.08||$183,694.32||23,548|| |
|8/13/2013||Jean Leger, Jr.||VP||Sell||4,800||$37.40||$179,520.00||19,382|| |
|5/13/2013||Gary D Huneryager||VP||Sell||5,000||$69.99||$349,950.00|| |
|5/10/2013||Paul L Renfrow||VP||Sell||11,254||$70.42||$792,506.68|| |
|5/10/2013||Peter B Delaney||CEO||Sell||28,000||$71.63||$2,005,640.00|| |
|5/9/2013||Max J Myers||Treasurer||Sell||8,000||$72.01||$576,080.00|| |
|5/7/2013||Cristina F Mcquistion||VP||Sell||23,000||$72.39||$1,664,970.00|| |
|8/13/2012||James H Brandi||Director||Buy||2,000||$54.40||$108,800.00|| |
|8/9/2012||Peter B Delaney||CEO||Sell||60,000||$54.77||$3,286,200.00|| |
OGE Energy (NYSE OGE) News Headlines
OGE Energy (NYSE:OGE) SEC Filings
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OGE Energy (NYSE:OGE) Income Statement, Balance Sheet and Cash Flow Statement
OGE Energy (NYSE OGE) Stock Chart for Friday, February, 23, 2018