OGE Energy (OGE)
(Delayed Data from NYSE)
$40.07 USD
+0.37 (0.93%)
Updated Sep 4, 2024 04:00 PM ET
After-Market: $40.06 -0.01 (-0.02%) 7:58 PM ET
2-Buy of 5 2
C Value C Growth A Momentum B VGM
Company Summary
Incorporated in 1995, Oklahoma City, OK-based OGE Energy Corp. provides electricity in Oklahoma and western Arkansas. It is the parent company of Oklahoma Gas and Electric Company ("OG&E"), which is the largest electric utility in Oklahoma and its franchised service territory is the Fort Smith, AR area. OG&E sold its retail natural gas business in 1928 and is no longer engaged in the natural gas distribution business. As of Dec 31, 2023, the company's generation portfolio represents a balanced approach to generating electricity through a range of fuels —75% natural gas, 16% coal and 9% ...
Company Summary
Incorporated in 1995, Oklahoma City, OK-based OGE Energy Corp. provides electricity in Oklahoma and western Arkansas. It is the parent company of Oklahoma Gas and Electric Company ("OG&E"), which is the largest electric utility in Oklahoma and its franchised service territory is the Fort Smith, AR area. OG&E sold its retail natural gas business in 1928 and is no longer engaged in the natural gas distribution business. As of Dec 31, 2023, the company's generation portfolio represents a balanced approach to generating electricity through a range of fuels —75% natural gas, 16% coal and 9% renewable energy.
OGE Energy's former natural gas midstream operations reporting segment included the company’s investment in Energy Transfer's equity securities and legacy Enable seconded employee pension and postretirement costs. As of the end of September 2022, OGE Energy sold all of its Energy Transfer limited partner units. Since 2023, it no longer has a natural gas midstream operations reporting segment.
As of Dec 31, 2023, OGE Energy operated its business through the electric utility, Oklahoma Gas and Electric Company (OG&E) and Other Operations divisions.
OGE Energy's subsidiary, OG&E, is an electric utility in Oklahoma. The electric utility generates, transmits, distributes and sells electric energy in Oklahoma and western Arkansas. OG&E derived 91% of its total electric operating revenues in 2023 from sales in Oklahoma and the remainder from sales in Arkansas. It provided retail electric services to 896,000 customers as of Dec 31, 2023, in communities and their contiguous rural and suburban areas. The segment’s net income in 2023 was $426.4 million.
The Other Operations unit primarily includes the operations of the holding company and other energy-related investments. This segment posted a net loss of $9.6 million in 2023.
The company had a total generating capacity of 7,116 MW as of Dec 31, 2023, which was distributed through 17 generating stations. Almost 66.8% of this amount came from natural gas generation, 21.9% from coal generation, 4.5% from dual-fuel generation (coal/gas), 6.3% from wind generation and 0.5% from solar generation.
General Information
OGE Energy Corporation
321 N HARVEY P.O. BOX 321
OKLAHOMA CITY, OK 73101
Phone: 405-553-3000
Fax: 405-553-3760
Web: http://www.oge.com
Email: NA
Industry | Utility - Electric Power |
Sector | Utilities |
Fiscal Year End | December |
Last Reported Quarter | 6/30/2024 |
Exp Earnings Date | 11/6/2024 |
EPS Information
Current Quarter EPS Consensus Estimate | 1.11 |
Current Year EPS Consensus Estimate | 2.14 |
Estimated Long-Term EPS Growth Rate | 5.00 |
Exp Earnings Date | 11/6/2024 |
Price and Volume Information
Zacks Rank | |
Yesterday's Close | 39.70 |
52 Week High | 40.36 |
52 Week Low | 31.25 |
Beta | 0.74 |
20 Day Moving Average | 957,538.88 |
Target Price Consensus | 36.86 |
4 Week | 2.27 |
12 Week | 11.67 |
YTD | 13.66 |
4 Week | -3.08 |
12 Week | 8.57 |
YTD | -1.95 |
Shares Outstanding (millions) | 200.87 |
Market Capitalization (millions) | 7,974.43 |
Short Ratio | NA |
Last Split Date | 7/2/2013 |
Dividend Yield | 4.21% |
Annual Dividend | $1.67 |
Payout Ratio | 0.82 |
Change in Payout Ratio | 0.14 |
Last Dividend Payout / Amount | 7/8/2024 / $NA |
Fundamental Ratios
P/E (F1) | 18.58 |
Trailing 12 Months | 19.46 |
PEG Ratio | 3.72 |
vs. Previous Year | 15.91% |
vs. Previous Quarter | 466.67% |
vs. Previous Year | 9.52% |
vs. Previous Quarter | 11.03% |
Price/Book | 1.78 |
Price/Cash Flow | 8.61 |
Price / Sales | 2.88 |
6/30/24 | 9.15 |
3/31/24 | 8.89 |
12/31/23 | 9.37 |
6/30/24 | 3.18 |
3/31/24 | 3.11 |
12/31/23 | 3.27 |
6/30/24 | 0.71 |
3/31/24 | 0.51 |
12/31/23 | 0.65 |
6/30/24 | 0.36 |
3/31/24 | 0.23 |
12/31/23 | 0.30 |
6/30/24 | 14.83 |
3/31/24 | 14.63 |
12/31/23 | 15.59 |
6/30/24 | 14.83 |
3/31/24 | 14.63 |
12/31/23 | 15.59 |
6/30/24 | 16.83 |
3/31/24 | 16.51 |
12/31/23 | 17.69 |
6/30/24 | 22.29 |
3/31/24 | 22.17 |
12/31/23 | 22.53 |
6/30/24 | 3.94 |
3/31/24 | 4.04 |
12/31/23 | 4.17 |
6/30/24 | 1.08 |
3/31/24 | 0.96 |
12/31/23 | 0.96 |
6/30/24 | 51.85 |
3/31/24 | 48.95 |
12/31/23 | 49.03 |