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

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$42.79 +0.19 (+0.45 %)
(As of 02/22/2019 04:00 PM ET)
Previous Close$42.60
Today's Range$42.14 - $42.87
52-Week Range$30.76 - $42.87
Volume1.61 million shs
Average Volume1.46 million shs
Market Capitalization$8.55 billion
P/E Ratio20.19
Dividend Yield3.43%
Beta0.57
OGE Energy Corp., together with its subsidiaries, operates as an energy and energy services provider that offers physical delivery and related services for electricity and natural gas primarily in the south central United States. The company operates in 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. 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 facilities. The Natural Gas Midstream Operations segment is involved 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 to natural gas producers, industrial end users, and natural gas marketers. As of December 31, 2017, the company owned and operated interconnected electric generation, transmission, and distribution system, including 10 generating stations with an aggregate capability of 6,304 megawatts; and a transmission system comprising 52 substations and 4,949 structure miles of lines in Oklahoma, and 7 substations and 277 structure miles of lines in Arkansas. Its distribution system consisted of 346 substations, 29,317 structure miles of overhead lines, 2,824 miles of underground conduit, and 10,875 miles of underground conductors in Oklahoma, as well as 30 substations, 2,785 structure miles of overhead lines, 282 miles of underground conduit, and 689 miles of underground conductors in Arkansas. OGE Energy Corp. was founded in 1995 and is headquartered in Oklahoma City, Oklahoma.

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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$3.7568 per share
Book Value$19.28 per share

Profitability

Net Income$619 million

Miscellaneous

Employees2,413
Market Cap$8.55 billion
Next Earnings Date5/2/2019 (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 Wednesday, February 20th. Shareholders of record on Wednesday, April 10th will be given a dividend of $0.365 per share on Tuesday, April 30th. This represents a $1.46 dividend on an annualized basis and a yield of 3.41%. The ex-dividend date is Tuesday, April 9th. View OGE Energy's Dividend History.

How were OGE Energy's earnings last quarter?

OGE Energy Corp. (NYSE:OGE) announced its quarterly earnings data on Thursday, February, 21st. The utilities provider reported $0.27 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $0.23 by $0.04. The utilities provider had revenue of $511.80 million for the quarter, compared to analysts' expectations of $490.80 million. OGE Energy had a return on equity of 10.85% and a net margin of 18.74%. The company's revenue was up 2.0% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.30 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, May 2nd 2019. View Earnings Estimates for OGE Energy.

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

OGE Energy issued an update on its FY19 earnings guidance on Thursday, February, 21st. The company provided earnings per share guidance of $2.05-2.20 for the period, compared to the Thomson Reuters consensus EPS estimate of $2.14. OGE Energy also updated its FY 2019 guidance to $2.05-2.20 EPS.

What price target have analysts set for OGE?

5 equities research analysts have issued twelve-month price targets for OGE Energy's stock. Their forecasts range from $35.00 to $39.00. On average, they anticipate OGE Energy's share price to reach $37.00 in the next year. This suggests that the stock has a possible downside of 13.5%. View Analyst Price Targets for OGE Energy.

What is the consensus analysts' recommendation for OGE Energy?

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for OGE Energy in the last year. There are currently 1 sell rating 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?

Headlines about OGE stock have been trending somewhat positive recently, according to InfoTrie Sentiment Analysis. The research firm identifies negative and positive press coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. OGE Energy earned a news impact score of 1.7 on InfoTrie's scale. They also assigned media coverage about the utilities provider a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an impact on the stock's share price in the next few days.

Who are some of OGE Energy's key competitors?

What other stocks do shareholders of OGE Energy own?

Based on aggregate information from My MarketBeat watchlists, some companies that other OGE Energy investors own include AT&T (T), Energy Transfer LP Unit (ET), Blackstone Group (BX), General Electric (GE), Dominion Energy (D), Enbridge (ENB), Exxon Mobil (XOM), Wells Fargo & Co (WFC), Bank of America (BAC) and Cisco Systems (CSCO).

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)
  • Ms. Sarah R. Stafford, Chief Accounting Officer & Controller (Age 37)

Who are OGE Energy's major shareholders?

OGE Energy's stock is owned by a variety of of institutional and retail investors. Top institutional investors include BlackRock Inc. (14.04%), Bank of New York Mellon Corp (1.89%), Oregon Public Employees Retirement Fund (1.55%), Geode Capital Management LLC (1.40%), Amundi Pioneer Asset Management Inc. (1.19%) and Northern Trust Corp (1.04%). Company insiders that own OGE Energy stock include Charles B Walworth, Cristina F Mcquistion, Frank A Bozich, H Scott Forbes, Jerry A Peace, Luke R Corbett, Patricia D Horn and Peter D Clarke. View Institutional Ownership Trends for OGE Energy.

Which major investors are selling OGE Energy stock?

OGE stock was sold by a variety of institutional investors in the last quarter, including First Quadrant L P CA, Canada Pension Plan Investment Board, Wedge Capital Management L L P NC, California Public Employees Retirement System, Segall Bryant & Hamill LLC, Bank of Montreal Can, Bank of New York Mellon Corp and Forsta AP Fonden. Company insiders that have sold OGE Energy company stock in the last year include Cristina F Mcquistion, Jerry A Peace and Patricia D Horn. View Insider Buying and Selling for OGE Energy.

Which major investors are buying OGE Energy stock?

OGE stock was acquired by a variety of institutional investors in the last quarter, including Oregon Public Employees Retirement Fund, BlackRock Inc., MERIAN GLOBAL INVESTORS UK Ltd, Millennium Management LLC, APG Asset Management N.V., Amundi Pioneer Asset Management Inc., American International Group Inc. and Robeco Institutional Asset Management B.V.. 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 $42.79.

How big of a company is OGE Energy?

OGE Energy has a market capitalization of $8.55 billion and generates $2.27 billion in revenue each year. The utilities provider earns $619 million in net income (profit) each year or $2.12 on an earnings per share basis. OGE Energy employs 2,413 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:  2.0 out of 5 (star star)
Outperform Votes:  228 (Vote Outperform)
Underperform Votes:  356 (Vote Underperform)
Total Votes:  584
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 2/23/2019 by MarketBeat.com Staff

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