Oge Energy Stock Today

OGE Stock  USD 43.81  0.70  1.62%   

Performance

14 of 100

 
Weak
 
Strong
Good

Odds Of Distress

Less than 24

 
High
 
Low
Low
OGE Energy is trading at 43.81 as of the 25th of November 2024, a 1.62% increase since the beginning of the trading day. The stock's lowest day price was 43.75. OGE Energy has about a 24 % chance of experiencing some form of financial distress in the next two years of operation and had a somewhat good performance during the last 90 days. Equity ratings for OGE Energy are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 1st of December 2023 and ending today, the 25th of November 2024. Click here to learn more.
Business Domain
Utilities
IPO Date
30th of December 1987
OGE Energy Corp., together with its subsidiaries, operates as an energy and energy services provider that offers physical delivery and related services for electricity, natural gas, crude oil, and natural gas liquids in the United States. The company was founded in 1902 and is based in Oklahoma City, Oklahoma. The company has 200.95 M outstanding shares of which 3.57 M shares are now shorted by investors with about 4.22 days to cover. More on OGE Energy

Moving against OGE Stock

  0.78EBR Centrais ElectricasPairCorr
  0.7ES Eversource EnergyPairCorr
  0.52FE FirstEnergyPairCorr
  0.47ED Consolidated EdisonPairCorr
  0.45AEP American Electric PowerPairCorr
  0.31DTE DTE EnergyPairCorr

OGE Stock Highlights

ESG Sustainability
Environmental
Governance
Social
ChairmanSean Trauschke
Business ConcentrationElectric Utilities, Utilities - Regulated Electric, Utilities, NYSE Composite, SP Midcap 400, Dow Jones Oil, Energy, Utilities, Electric Utilities, Utilities—Regulated Electric, Utilities (View all Sectors)
Excise Tax ActivitiesCoal
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.20.2091
Sufficiently Down
Slightly volatile
Gross Profit Margin0.440.4712
Significantly Down
Very volatile
Net Debt2.6 B4.8 B
Way Down
Slightly volatile
Total Current Liabilities922.5 M1.2 B
Significantly Down
Slightly volatile
Non Current Liabilities Total4.4 B7.1 B
Way Down
Slightly volatile
Total Assets7.9 B12.8 B
Way Down
Slightly volatile
Total Current Assets699.3 M771.5 M
Moderately Down
Slightly volatile
Debt Levels
OGE Energy can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand OGE Energy's financial leverage. It provides some insight into what part of OGE Energy's total assets is financed by creditors.
Liquidity
OGE Energy has 4.84 B in debt with debt to equity (D/E) ratio of 1.17, which is OK given its current industry classification. OGE Energy has a current ratio of 0.78, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Note however, debt could still be an excellent tool for OGE to invest in growth at high rates of return.

Change In Cash

(83.5 Million)
OGE Energy (OGE) is traded on New York Stock Exchange in USA. It is located in 321 North Harvey, Oklahoma City, OK, United States, 73101-0321 and employs 2,329 people. OGE Energy is listed under Electric Utilities category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a total capitalization of 8.8 B. OGE Energy runs under Electric Utilities sector within Utilities industry. The entity has 200.95 M outstanding shares of which 3.57 M shares are now shorted by investors with about 4.22 days to cover. OGE Energy has about 88.1 M in cash with 1.23 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.02.
Check OGE Energy Probability Of Bankruptcy
Ownership Allocation
OGE Energy owns a total of 200.95 Million outstanding shares. The majority of OGE Energy outstanding shares are owned by third-party entities. These institutional holders are usually referred to as non-private investors looking to secure positions in OGE Energy to benefit from reduced commissions. Thus, institutional investors are subject to a different set of regulations than regular investors in OGE Energy. Please pay attention to any change in the institutional holdings of OGE Energy as this could imply that something significant has changed or is about to change at the company. Please note that no matter how many assets the company maintains, if the real value of the company is less than the current market value, you may not be able to make money on it.
Check OGE Ownership Details

OGE Stock Institutional Holders

InstituionRecorded OnShares
Dimensional Fund Advisors, Inc.2024-09-30
2.2 M
Macquarie Group Ltd2024-06-30
2.1 M
Amvescap Plc.2024-06-30
M
Duff & Phelps Inv Mgmt Co (il)2024-06-30
M
Franklin Resources Inc2024-09-30
1.8 M
Artisan Partners Limited Partnership2024-09-30
1.7 M
Norges Bank2024-06-30
1.7 M
Charles Schwab Investment Management Inc2024-09-30
1.3 M
Manufacturers Life Insurance Co2024-09-30
1.3 M
Blackrock Inc2024-06-30
25.4 M
Vanguard Group Inc2024-09-30
21.2 M
View OGE Energy Diagnostics

OGE Energy Historical Income Statement

At present, OGE Energy's Total Revenue is projected to increase significantly based on the last few years of reporting. The current year's Other Operating Expenses is expected to grow to about 2.7 B, whereas Operating Income is forecasted to decline to about 496.4 M. View More Fundamentals

OGE Stock Against Markets

OGE Energy Corporate Directors

Todd TidwellIR Contact Officer, DirectorProfile
Peter ClarkeIndependent DirectorProfile
James BrandiIndependent DirectorProfile
David RainboltIndependent DirectorProfile
When determining whether OGE Energy is a strong investment it is important to analyze OGE Energy's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact OGE Energy's future performance. For an informed investment choice regarding OGE Stock, refer to the following important reports:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in OGE Energy. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.
For information on how to trade OGE Stock refer to our How to Trade OGE Stock guide.
You can also try the Stocks Directory module to find actively traded stocks across global markets.
Is Electric Utilities space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of OGE Energy. If investors know OGE will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about OGE Energy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.09)
Dividend Share
1.676
Earnings Share
1.93
Revenue Per Share
13.916
Quarterly Revenue Growth
0.021
The market value of OGE Energy is measured differently than its book value, which is the value of OGE that is recorded on the company's balance sheet. Investors also form their own opinion of OGE Energy's value that differs from its market value or its book value, called intrinsic value, which is OGE Energy's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because OGE Energy's market value can be influenced by many factors that don't directly affect OGE Energy's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between OGE Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if OGE Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, OGE Energy's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.