OGE Stock Analysis: OGE Energy | NYSE

Utilities - Regulated Electric | NYSE, USA | Market Cap: 9.763m USD | 12M Return: 6.4% | US6708371033 | Charts, Fundamentals & Technical Analysis

Electric Energy, Power Generation, Energy Transmission, Renewable Energy
Total Rating 38
Safety 47
Buy Signal -0.68
Utilities - Regulated Electric
Industry Rotation: -14.3
Market Cap: 9.76B
Avg Turnover: 68.0M
Risk 3d forecast
Volatility17.6%
VaR 5th Pctl3.22%
VaR vs Median10.9%
Reward TTM
Sharpe Ratio0.20
Rel. Str. IBD35.5
Rel. Str. Peer Group46.9
Character TTM
Beta0.023
Beta Downside0.056
Hurst Exponent0.463
Drawdowns 3y
Max DD11.28%
CAGR/Max DD1.38
CAGR/Mean DD4.47
EPS (Earnings per Share) EPS (Earnings per Share) of OGE over the last years for every Quarter: "2021-06": 0.56, "2021-09": 1.26, "2021-12": 0.27, "2022-03": 0.22, "2022-06": 0.53, "2022-09": 1.14, "2022-12": 0.25, "2023-03": 0.19, "2023-06": 0.44, "2023-09": 1.2, "2023-12": 0.24, "2024-03": 0.09, "2024-06": 0.51, "2024-09": 1.0854, "2024-12": 0.5, "2025-03": 0.31, "2025-06": 0.53, "2025-09": 1.14, "2025-12": 0.33, "2026-03": 0.24, "2026-06": 0.56,
EPS CAGR: 6.57%
EPS Trend: 68.2%
Last SUE: -0.26
Qual. Beats: 0
Revenue Revenue of OGE over the last years for every Quarter: 2021-06: 577.4, 2021-09: 864.4, 2021-12: 581.3, 2022-03: 589.3, 2022-06: 803.7, 2022-09: 1270.8, 2022-12: 711.9, 2023-03: 557.2, 2023-06: 605, 2023-09: 945.4, 2023-12: 566.7, 2024-03: 596.8, 2024-06: 662.6, 2024-09: 965.4, 2024-12: 760.5, 2025-03: 747.7, 2025-06: 741.6, 2025-09: 1045, 2025-12: 725.8, 2026-03: 752.6, 2026-06: 711.9,
Rev. CAGR: 8.65%
Rev. Trend: 91.2%
Last SUE: -0.70
Qual. Beats: 0

Warnings

Fakeout
Below Avwap Earnings

Tailwinds

No distinct edge detected

Seasonality 11.6 years of data

Jan +0.6% 8
Feb -1.8% 19
Mar +4.0% 9
Apr +1.1% 19
May +1.1% 5
Jun -1.1% 19
Jul +2.4% 45
Aug -1.5% 44
Sep -1.2% 15
Oct +0.7% 2
Nov +2.7% 29
Dec -1.3% 26

How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.

Description: OGE OGE Energy

OGE Energy Corp. (NYSE: OGE) is a U.S. electric utility holding company that, through its subsidiaries, generates, transmits, distributes, and sells electricity. Its generating fleet spans coal, natural gas, wind, and solar assets, reflecting a diversified mix within traditional utility operations.

The company provides retail electric service to roughly 913,000 customers across approximately 30,000 square miles, primarily in Oklahoma, and also offers bill payment and electric construction services to residential and business customers. As a regulated, vertically integrated electric utility, OGE operates within an approved service territory where rates are set by state regulators, a business model that typically produces stable, predictable cash flows.

Founded in 1902 and headquartered in Oklahoma City, OGE is classified within the GICS Utilities sector (Electric Utilities sub-industry) and trades as a large-cap stock with a market capitalization of approximately $10 billion.

Headlines to Watch Out For
  • Oklahoma Corporation Commission rate cases set allowed return on equity
  • Capital plan expands rate base through wind and grid investments
  • Natural gas prices swing fuel costs and operating margins
Piotroski VR-10 (Strict) 4.5
Net Income: 470.8m TTM > 0 and > 6% of Revenue
FCF/TA: 0.07 > 0.02 and ΔFCF/TA 8.67 > 1.0
NWC/Revenue: -7.91% < 20% (prev -8.75%; Δ 0.84% < -1%)
CFO/TA 0.09 > 3% & CFO 1.29b > Net Income 470.8m
Net Debt (5.84b) to EBITDA (1.36b): 4.31 < 3
Current Ratio: 0.77 > 1.5 & < 3
Outstanding Shares: last quarter (207.8m) vs 12m ago 2.82% < -2%
Gross Margin: 53.61% > 18% (prev 46.00%; Δ 7.61% > 0.5%)
Asset Turnover: 22.53% > 50% (prev 22.82%; Δ -0.29% > 0%)
Interest Coverage Ratio: 4.29 > 6 (EBIT TTM 799.4m / Interest Expense TTM 186.4m)
Altman Z'' 1.60
A: -0.02 (Total Current Assets 843.6m - Total Current Liabilities 1.10b) / Total Assets 14.6b
B: 0.25 (Retained Earnings 3.59b / Total Assets 14.6b)
C: 0.06 (EBIT TTM 799.4m / Avg Total Assets 14.4b)
D: 0.52 (Book Value of Equity 4.98b / Total Liabilities 9.65b)
Altman-Z'' = 1.60 = BB
Beneish M -2.80
DSRI: 1.28 (Receivables 683.7m/530.2m, Revenue 3.24b/3.22b)
GMI: 0.86 (GM 46.00% / 53.61%)
AQI: 1.20 (AQ_t 0.05 / AQ_t-1 0.04)
SGI: 1.01 (Revenue 3.24b / 3.22b)
TATA: -0.06 (NI 470.8m - CFO 1.29b) / TA 14.6b)
Beneish M = -2.80 (Cap -4..+1) = A
What is the price of OGE shares?

As of August 07, 2026, the stock is trading at USD 46.79 with a total of 1,139,694 shares traded. Over the past week, the price has changed by -0.99%, over one month by -3.05%, over three months by -1.12% and over the past year by +6.42%.

Current recommended Stop Loss: 45.20 (which is 3.4% or 1.6 ATR below the current price).

Is OGE a buy, sell or hold?

OGE Energy has received a consensus analysts rating of 3.50. Therefore, it is recommended to hold OGE.

  • StrongBuy: 3
  • Buy: 1
  • Hold: 7
  • Sell: 1
  • StrongSell: 0

What are the forecasts/targets for the OGE price?
Analysts Target Price 50.8 8.5%
OGE Energy (OGE) - Fundamental Data Overview as of 01 August 2026
Market Cap USD = 9.76b (9.76b USD * 1.0 USD.USD)
P/E Trailing = 21.0044
P/E Forward = 19.7628
P/S = 3.0177
P/B = 1.982
P/EG = 3.4285
Revenue TTM = 3.24b USD
EBIT TTM = 799.4m USD
EBITDA TTM = 1.36b USD
Long Term Debt = 5.60b USD (from longTermDebt, last quarter)
Short Term Debt = 245.0m USD (from shortTermDebt, last quarter)
Debt = 5.84b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 5.84b USD (calculated: Debt 5.84b - CCE 900k)
Enterprise Value = 15.6b USD (9.76b + Debt 5.84b - CCE 900k)
Interest Coverage Ratio = 4.29 (Ebit TTM 799.4m / Interest Expense TTM 186.4m)
EV/FCF = 15.20x (Enterprise Value 15.6b / FCF TTM 1.03b)
FCF Yield = 6.58% (FCF TTM 1.03b / Enterprise Value 15.6b)
FCF Margin = 31.74% (FCF TTM 1.03b / Revenue TTM 3.24b)
Net Margin = 14.55% (Net Income TTM 470.8m / Revenue TTM 3.24b)
Gross Margin = 53.61% ((Revenue TTM 3.24b - Cost of Revenue TTM 1.50b) / Revenue TTM)
Gross Margin QoQ = 69.42% (prev 37.12%)
Tobins Q-Ratio = 1.07 (Enterprise Value 15.6b / Total Assets 14.6b)
Interest Expense / Debt = 3.19% (Interest Expense 186.4m / Debt 5.84b)
Taxrate = 14.78% (90.6m / 613.0m)
NOPAT = 681.3m (EBIT 799.4m * (1 - 14.78%))
Current Ratio = 0.77 (Total Current Assets 843.6m / Total Current Liabilities 1.10b)
Debt / Equity = 1.17 (Debt 5.84b / totalStockholderEquity, last quarter 4.98b)
Debt / EBITDA = 4.31 (Net Debt 5.84b / EBITDA 1.36b)
Debt / FCF = 5.69 (Net Debt 5.84b / FCF TTM 1.03b)
Total Stockholder Equity = 4.92b (last 4 quarters mean from totalStockholderEquity)
RoA = 3.28% (Net Income 470.8m / Total Assets 14.6b)
RoE = 9.56% (Net Income TTM 470.8m / Total Stockholder Equity 4.92b)
RoCE = 7.60% (EBIT 799.4m / Capital Employed (Equity 4.92b + L.T.Debt 5.60b))
RoIC = 4.95% (NOPAT 681.3m / Invested Capital 13.8b)
WACC = 4.81% (E(9.76b)/V(15.6b) * Re(6.06%) + D(5.84b)/V(15.6b) * Rd(3.19%) * (1-Tc(0.15)))
Discount Rate = 6.06% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 88.79 | Cagr: 1.58%
[DCF] Terminal Value 75.44% ; FCFF base≈1.03b ; Y1≈1.03b ; Y5≈1.09b
[DCF] Fair Price = 53.96 (EV 17.0b - Net Debt 5.84b = Equity 11.1b / Shares 206.6m; r=8.35% [WACC [floored]]; 5y FCF grow 0.0% → 2.50% )
EPS Correlation: 68.15 | EPS CAGR: 6.57% | SUE: -0.26 | # QB: 0
Revenue Correlation: 91.22 | Revenue CAGR: 8.65% | SUE: -0.70 | # QB: 0
EPS current Quarter (2026-09-30): EPS=1.21 | Chg30d=-1.16% | Revisions=+29% | Analysts=7
EPS current Year (2026-12-31): EPS=2.43 | Chg30d=-0.08% | Revisions=+22% | GrowthEPS=+4.6% | GrowthRev=+2.4%
EPS next Year (2027-12-31): EPS=2.60 | Chg30d=-0.03% | Revisions=+22% | GrowthEPS=+7.3% | GrowthRev=+8.6%
[Analyst] Revisions Ratio: +32% (up=11, down=5)