NYSE:OGE

OGE Energy Stock Forecast, Price & News

$34.04
+0.08 (+0.24 %)
(As of 07/29/2021 02:50 PM ET)
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Today's Range
$33.84
$34.11
50-Day Range
$33.21
$35.45
52-Week Range
$28.25
$35.46
Volume21,507 shs
Average Volume1.62 million shs
Market Capitalization$6.81 billion
P/E Ratio18.40
Dividend Yield4.70%
Beta0.67
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About OGE Energy

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. 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, 2020, the company owned and operated interconnected electric generation, transmission, and distribution systems, including 15 generating stations with an aggregate capability of 7,120 megawatts; and transmission systems comprising 402 substations and 5,122 structure miles of lines in Oklahoma, and 36 substations and 277 structure miles of lines in Arkansas. Its distribution systems included 349 substations; 29,443 structure miles of overhead lines; 3,202 miles of underground conduit; and 11,038 miles of underground conductors in Oklahoma, as well as 29 substations, 2,788 structure miles of overhead lines, 338 miles of underground conduit, and 669 miles of underground conductors in Arkansas. The company was founded in 1902 and is headquartered in Oklahoma City, Oklahoma.

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MarketRank

Overall MarketRank

2.18 out of 5 stars

Utilities Sector

43rd out of 290 stocks

Electric Services Industry

18th out of 81 stocks

Analyst Opinion: 1.2Community Rank: 2.8Dividend Strength: 3.3Insider Behavior: 1.7Valuation: 1.9 5 -4 -3 -2 -1 -
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OGE Energy (NYSE:OGE) Frequently Asked Questions

Is OGE Energy a buy right now?

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for OGE Energy in the last year. There are currently 4 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" OGE Energy stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in OGE, but not buy additional shares or sell existing shares.
View analyst ratings for OGE Energy
or view top-rated stocks.

What stocks does MarketBeat like better than OGE Energy?

Wall Street analysts have given OGE Energy a "Hold" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but OGE Energy wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

Are investors shorting OGE Energy?

OGE Energy saw a drop in short interest during the month of June. As of June 15th, there was short interest totaling 2,370,000 shares, a drop of 76.5% from the May 31st total of 10,080,000 shares. Based on an average trading volume of 1,940,000 shares, the days-to-cover ratio is currently 1.2 days. Currently, 1.2% of the shares of the stock are sold short.
View OGE Energy's Short Interest
.

When is OGE Energy's next earnings date?

OGE Energy is scheduled to release its next quarterly earnings announcement on Thursday, August 5th 2021.
View our earnings forecast for OGE Energy
.

How can I listen to OGE Energy's earnings call?

OGE Energy will be holding an earnings conference call on Thursday, August 5th at 9:00 AM Eastern. Interested parties can register for or listen to the call using this link.

How were OGE Energy's earnings last quarter?

OGE Energy Corp. (NYSE:OGE) posted its quarterly earnings data on Thursday, May, 6th. The utilities provider reported $0.26 EPS for the quarter, beating analysts' consensus estimates of $0.18 by $0.08. The utilities provider earned $1.63 billion during the quarter, compared to analyst estimates of $458.94 million. OGE Energy had a net margin of 11.16% and a trailing twelve-month return on equity of 13.22%. During the same period last year, the company earned ($2.46) earnings per share.
View OGE Energy's earnings history
.

How has OGE Energy's stock been impacted by Coronavirus (COVID-19)?

OGE Energy's stock was trading at $34.03 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, OGE stock has decreased by 0.1% and is now trading at $34.01.
View which stocks have been most impacted by COVID-19
.

How often does OGE Energy pay dividends? What is the dividend yield for OGE Energy?

OGE Energy announced a quarterly dividend on Friday, May 21st. Shareholders of record on Monday, July 12th will be given a dividend of $0.4025 per share on Friday, July 30th. This represents a $1.61 dividend on an annualized basis and a yield of 4.73%. The ex-dividend date is Friday, July 9th.
View OGE Energy's dividend history
.

Is OGE Energy a good dividend stock?

OGE Energy pays an annual dividend of $1.61 per share and currently has a dividend yield of 4.70%. OGE has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. OGE Energy has been increasing its dividend for 7 consecutive years, indicating the company has a new, but growing committment to grow its dividend. The dividend payout ratio of OGE Energy is 77.40%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, OGE Energy will have a dividend payout ratio of 72.20% next year. This indicates that OGE Energy will be able to sustain or increase its dividend.
View OGE Energy's dividend history.

What price target have analysts set for OGE?

7 Wall Street analysts have issued 12 month price objectives for OGE Energy's shares. Their forecasts range from $34.00 to $38.00. On average, they expect OGE Energy's share price to reach $35.86 in the next twelve months. This suggests a possible upside of 5.4% from the stock's current price.
View analysts' price targets for OGE Energy
or view top-rated stocks among Wall Street analysts.

Who are OGE Energy's key executives?

OGE Energy's management team includes the following people:
  • Mr. Robert Sean Trauschke, Chairman, Pres & CEO (Age 54, Pay $1.86M)
  • Mr. William H. Sultemeier, Chief Compliance Officer & Gen. Counsel (Age 53, Pay $714.15k)
  • Mr. W. Bryan Buckler, Chief Financial Officer (Age 48)
  • Ms. Sarah R. Stafford, Chief Accounting Officer & Controller (Age 39)
  • Mr. Todd Tidwell, Director of Investor Relations
  • Ms. Christine Ostendorf Woodworth, VP of Corp. Communications, Brand & Marketing
  • Mr. Scott A. Briggs, VP of HR (Age 49)
  • Ms. Patricia D. Horn, VP of Governance & Corp. Sec. (Age 62)
  • Mr. Charles B. Walworth, Treasurer (Age 46)
  • Ms. Cristina Fernandez McQuistion, VP & Chief Information Officer of Oklahoma Gas and Electric Company (Age 56)

What is Sean Trauschke's approval rating as OGE Energy's CEO?

30 employees have rated OGE Energy CEO Sean Trauschke on Glassdoor.com. Sean Trauschke has an approval rating of 74% among OGE Energy's employees.

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), Pfizer (PFE), ONEOK (OKE), Exxon Mobil (XOM), Energy Transfer (ET), Intel (INTC), Altria Group (MO), Cisco Systems (CSCO), Dominion Energy (D) and Marathon Petroleum (MPC).

What is OGE Energy's stock symbol?

OGE Energy trades on the New York Stock Exchange (NYSE) under the ticker symbol "OGE."

Who are OGE Energy's major shareholders?

OGE Energy's stock is owned by a number of retail and institutional investors. Top institutional investors include Oregon Public Employees Retirement Fund (0.03%), New Mexico Educational Retirement Board (0.02%) and TIAA FSB (0.01%). Company insiders that own OGE Energy stock include Andrea M Dennis, Charles B Walworth, Cristina F Mcquistion, J Michael Sanner, Kenneth R Grant, Patricia D Horn, Scott A Briggs and Stephen E Merrill.
View institutional ownership trends for OGE Energy
.

Which institutional investors are buying OGE Energy stock?

OGE stock was purchased by a variety of institutional investors in the last quarter, including TIAA FSB, New Mexico Educational Retirement Board, and Oregon Public Employees Retirement Fund. Company insiders that have bought OGE Energy stock in the last two years include Andrea M Dennis, and J Michael Sanner.
View insider buying and selling activity for OGE Energy
or or view top insider-buying stocks.

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is OGE Energy's stock price today?

One share of OGE stock can currently be purchased for approximately $34.01.

How much money does OGE Energy make?

OGE Energy has a market capitalization of $6.81 billion and generates $2.12 billion in revenue each year. The utilities provider earns $-173,700,000.00 in net income (profit) each year or $2.08 on an earnings per share basis.

How many employees does OGE Energy have?

OGE Energy employs 2,360 workers across the globe.

When was OGE Energy founded?

OGE Energy was founded in 1902.

What is OGE Energy's official website?

The official website for OGE Energy is www.oge.com.

Where are OGE Energy's headquarters?

OGE Energy is headquartered at 321 N HARVEY P.O. BOX 321, OKLAHOMA CITY OK, 73101.

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.


This page was last updated on 7/29/2021 by MarketBeat.com Staff
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