NYSE:OGE - OGE Energy Stock Price, News, & Analysis

Sign in or create an account to add this stock to your watchlist.
$42.26 +0.56 (+1.34 %)
(As of 05/19/2019 04:00 PM ET)
Previous Close$42.26
Today's Range$41.5450 - $42.39
52-Week Range$33.19 - $43.76
Volume1.02 million shs
Average Volume1.36 million shs
Market Capitalization$8.46 billion
P/E Ratio19.93
Dividend Yield3.45%
Beta0.54
OGE Energy Corp., together with its subsidiaries, operates as an energy and energy services provider that provides physical delivery and related services for electricity and natural gas primarily in the south central United States. It operates in two segments, Electric Utility and Natural Gas Midstream Operations. The Electric Utility segment generates, transmits, distributes, and sells electric energy. This segment furnishes retail electric service in 267 communities and their contiguous rural and suburban areas; and owns and operates coal-fired, natural gas-fired, wind-powered, and solar-powered generating assets. Its service area covers 30,000 square miles in Oklahoma and western Arkansas, including Oklahoma City in Oklahoma; and Fort Smith, Arkansas. The Natural Gas Midstream Operations segment engages in gathering, processing, transporting, and storing natural gas; and the provision of crude oil gathering services, and interstate and intrastate natural gas pipeline transportation and storage services primarily to its producer, power plant, local distribution company, and industrial end-user customers. As of December 31, 2018, the company owned and operated interconnected electric generation, transmission, and distribution systems, including 11 generating stations with an aggregate capability of 6,616 megawatts; and transmission systems comprising 52 substations and 5,100 structure miles of lines in Oklahoma, and 7 substations and 277 structure miles of lines in Arkansas. Its distribution systems include 345 substations; 29,345 structure miles of overhead lines; 2,940 miles of underground conduit; and 10,932 miles of underground conductors in Oklahoma, as well as 30 substations, 2,786 structure miles of overhead lines, 297 miles of underground conduit, and 685 miles of underground conductors in Arkansas. The company was founded in 1902 and is headquartered in Oklahoma City, Oklahoma.

Receive OGE News and Ratings via Email

Sign-up to receive the latest news and ratings for OGE and its competitors with MarketBeat's FREE daily newsletter.

Industry, Sector and Symbol

Industry Electric services
Sub-IndustryElectric Utilities
SectorUtilities
CUSIP67083710
Phone405-553-3000

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$2.27 billion
Cash Flow$3.7398 per share
Book Value$19.86 per share

Profitability

Net Income$425.50 million

Miscellaneous

Employees2,292
Market Cap$8.46 billion
Next Earnings Date8/8/2019 (Estimated)
OptionableOptionable

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 declared a quarterly dividend on Friday, May 17th. Shareholders of record on Wednesday, July 10th will be paid a dividend of $0.365 per share on Tuesday, July 30th. This represents a $1.46 dividend on an annualized basis and a yield of 3.45%. The ex-dividend date of this dividend is Tuesday, July 9th. View OGE Energy's Dividend History.

How were OGE Energy's earnings last quarter?

OGE Energy Corp. (NYSE:OGE) posted its quarterly earnings data on Thursday, May, 2nd. The utilities provider reported $0.24 earnings per share for the quarter, missing the consensus estimate of $0.25 by $0.01. The utilities provider had revenue of $490 million for the quarter, compared to analysts' expectations of $490.14 million. OGE Energy had a net margin of 18.42% and a return on equity of 10.51%. OGE Energy's revenue was down .5% on a year-over-year basis. During the same period in the previous year, the company posted $0.27 earnings per share. View OGE Energy's Earnings History.

When is OGE Energy's next earnings date?

OGE Energy is scheduled to release their next quarterly earnings announcement on Thursday, August 8th 2019. View Earnings Estimates for OGE Energy.

What guidance has OGE Energy issued on next quarter's earnings?

OGE Energy updated its FY19 earnings guidance on Thursday, May, 2nd. The company provided EPS guidance of $2.05-2.20 for the period, compared to the Thomson Reuters consensus EPS estimate of $2.14.

What price target have analysts set for OGE?

6 Wall Street analysts have issued 12-month price objectives for OGE Energy's stock. Their forecasts range from $37.00 to $39.00. On average, they anticipate OGE Energy's share price to reach $37.50 in the next year. This suggests that the stock has a possible downside of 11.3%. View Analyst Price Targets for OGE Energy.

What is the consensus analysts' recommendation for OGE Energy?

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for OGE Energy in the last year. There are currently 2 sell ratings and 4 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for OGE Energy.

Has OGE Energy been receiving favorable news coverage?

News headlines about OGE stock have trended somewhat positive this week, InfoTrie reports. InfoTrie identifies negative and positive news coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. OGE Energy earned a news sentiment score of 1.9 on InfoTrie's scale. They also assigned news coverage about the utilities provider a news buzz of 4.0 out of 10, meaning that recent news coverage is somewhat unlikely to have an effect on the stock's share price in the next several days.

Who are some of OGE Energy's key competitors?

What other stocks do shareholders of OGE Energy own?

Who are OGE Energy's key executives?

OGE Energy's management team includes the folowing people:
  • Mr. Robert Sean Trauschke, Chairman, Pres & CEO (Age 52)
  • Mr. Stephen E. Merrill, Chief Financial Officer (Age 54)
  • Mr. William H. Sultemeier, Gen. Counsel (Age 51)
  • Mr. E. Keith Mitchell, Chief Operating Officer of Oklahoma Gas & Electric Company (Age 57)
  • Mr. Jean C. Leger Jr., VP of Utility Operations - Oklahoma Gas & Electric Company (Age 60)

Who are OGE Energy's major shareholders?

OGE Energy's stock is owned by many different of institutional and retail investors. Top institutional investors include BlackRock Inc. (13.50%), FMR LLC (1.75%), Geode Capital Management LLC (1.45%), Goldman Sachs Group Inc. (1.03%), Northern Trust Corp (1.03%) and Amundi Pioneer Asset Management Inc. (1.02%). Company insiders that own OGE Energy stock include Charles B Walworth, Cristina F Mcquistion, Frank A Bozich, H Scott Forbes, J Michael Sanner, Jerry A Peace, Kenneth R Grant, Luke R Corbett, Patricia D Horn and Peter D Clarke. View Institutional Ownership Trends for OGE Energy.

Which institutional investors are selling OGE Energy stock?

OGE stock was sold by a variety of institutional investors in the last quarter, including BlackRock Inc., Renaissance Technologies LLC, Morgan Stanley, SG Americas Securities LLC, Amundi Pioneer Asset Management Inc., FMR LLC, Wellington Management Group LLP and AQR Capital Management LLC. Company insiders that have sold OGE Energy company stock in the last year include Cristina F Mcquistion, J Michael Sanner, Jerry A Peace, Kenneth R Grant and Patricia D Horn. View Insider Buying and Selling for OGE Energy.

Which institutional investors are buying OGE Energy stock?

OGE stock was bought by a variety of institutional investors in the last quarter, including Janus Henderson Group PLC, Parametric Portfolio Associates LLC, Robeco Institutional Asset Management B.V., Goldman Sachs Group Inc., First Quadrant L P CA, Wells Fargo & Company MN, Man Group plc and JPMorgan Chase & Co.. Company insiders that have bought OGE Energy stock in the last two years include Charles B Walworth, Frank A Bozich and Peter D Clarke. View Insider Buying and Selling for OGE Energy.

How do I buy shares of OGE Energy?

Shares of OGE 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 stock can currently be purchased for approximately $42.26.

How big of a company is OGE Energy?

OGE Energy has a market capitalization of $8.46 billion and generates $2.27 billion in revenue each year. The utilities provider earns $425.50 million in net income (profit) each year or $2.12 on an earnings per share basis. OGE Energy employs 2,292 workers across the globe.

What is OGE Energy's official website?

The official website for OGE Energy is http://www.oge.com.

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 (NYSE OGE)

Community Ranking:  1.9 out of 5 (star)
Outperform Votes:  232 (Vote Outperform)
Underperform Votes:  368 (Vote Underperform)
Total Votes:  600
MarketBeat's community ratings are surveys of what our community members think about OGE Energy and other stocks. Vote "Outperform" if you believe OGE will outperform the S&P 500 over the long term. Vote "Underperform" if you believe OGE will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 5/19/2019 by MarketBeat.com Staff

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.

Yahoo Gemini Pixel