OGE Stock Analysis: OGE Energy | NYSE

Utilities - Regulated Electric | NYSE, USA | Market Cap: 9.964m USD | 12M Return: 15.6% | Charts, Fundamentals & Technical Analysis

Electric Energy, Power Generation, Energy Transmission, Renewable Energy
Total Rating 49
Safety 56
Buy Signal -0.44
Utilities - Regulated Electric
Industry Rotation: +4.6
Market Cap: 9.96B
Avg Turnover: 64.3M
Risk 3d forecast
Volatility19.0%
VaR 5th Pctl3.48%
VaR vs Median11.4%
Reward TTM
Sharpe Ratio0.71
Rel. Str. IBD43.9
Rel. Str. Peer Group48
Character TTM
Beta-0.016
Beta Downside-0.094
Hurst Exponent0.499
Drawdowns 3y
Max DD13.65%
CAGR/Max DD1.17
CAGR/Mean DD4.10
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,
EPS CAGR: 7.25%
EPS Trend: 72.9%
Last SUE: -0.27
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,
Rev. CAGR: 6.44%
Rev. Trend: 70.3%
Last SUE: 1.36
Qual. Beats: 1

Warnings

Fakeout

Tailwinds

No distinct edge detected

Seasonality 10.5 years of data

Jan -0.0% 0
Feb -1.5% 14
Mar +1.9% 2
Apr +0.6% 14
May -0.2% 2
Jun -1.7% 29
Jul +2.6% 70
Aug -1.4% 38
Sep -2.3% 21
Oct +1.3% 10
Nov +3.6% 26
Dec -1.7% 32

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) 5.5
Net Income: 458.2m TTM > 0 and > 6% of Revenue
FCF/TA: 0.07 > 0.02 and ΔFCF/TA 9.39 > 1.0
NWC/Revenue: -12.97% < 20% (prev -11.92%; Δ -1.05% < -1%)
CFO/TA 0.09 > 3% & CFO 1.30b > Net Income 458.2m
Net Debt (5.86b) to EBITDA (1.31b): 4.49 < 3
Current Ratio: 0.66 > 1.5 & < 3
Outstanding Shares: last quarter (207.2m) vs 12m ago 2.63% < -2%
Gross Margin: 48.81% > 18% (prev 46.68%; Δ 2.13% > 0.5%)
Asset Turnover: 22.97% > 50% (prev 22.48%; Δ 0.50% > 0%)
Interest Coverage Ratio: 3.73 > 6 (EBIT TTM 747.2m / Interest Expense TTM 200.2m)
Altman Z'' 1.51
A: -0.03 (Total Current Assets 808.5m - Total Current Liabilities 1.23b) / Total Assets 14.5b
B: 0.25 (Retained Earnings 3.56b / Total Assets 14.5b)
C: 0.05 (EBIT TTM 747.2m / Avg Total Assets 14.2b)
D: 0.52 (Book Value of Equity 4.94b / Total Liabilities 9.53b)
Altman-Z'' = 1.51 = BB
Beneish M -3.26
DSRI: 0.74 (Receivables 408.4m/528.6m, Revenue 3.27b/3.14b)
GMI: 0.96 (GM 46.68% / 48.81%)
AQI: 0.99 (AQ_t 0.04 / AQ_t-1 0.04)
SGI: 1.04 (Revenue 3.27b / 3.14b)
TATA: -0.06 (NI 458.2m - CFO 1.30b) / TA 14.5b)
Beneish M = -3.26 (Cap -4..+1) = AA
What is the price of OGE shares?

As of July 08, 2026, the stock is trading at USD 49.04 with a total of 1,195,070 shares traded. Over the past week, the price has changed by +0.50%, over one month by +6.10%, over three months by +0.93% and over the past year by +15.64%.

Current recommended Stop Loss: 47.70 (which is 2.7% 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 2%
OGE Energy (OGE) - Fundamental Data Overview as of 03 July 2026
Market Cap USD = 9.96b (9.96b USD * 1.0 USD.USD)
P/E Trailing = 21.4578
P/E Forward = 20.1207
P/S = 3.0517
P/B = 2.0332
P/EG = 3.0101
Revenue TTM = 3.27b USD
EBIT TTM = 747.2m USD
EBITDA TTM = 1.31b USD
Long Term Debt = 5.37b USD (from longTermDebt, last quarter)
Short Term Debt = 492.4m USD (from shortTermDebt, last quarter)
Debt = 5.86b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 5.86b USD (calculated: Debt 5.86b - CCE 200k)
Enterprise Value = 15.8b USD (9.96b + Debt 5.86b - CCE 200k)
Interest Coverage Ratio = 3.73 (Ebit TTM 747.2m / Interest Expense TTM 200.2m)
EV/FCF = 16.19x (Enterprise Value 15.8b / FCF TTM 977.7m)
FCF Yield = 6.18% (FCF TTM 977.7m / Enterprise Value 15.8b)
FCF Margin = 29.94% (FCF TTM 977.7m / Revenue TTM 3.27b)
Net Margin = 14.03% (Net Income TTM 458.2m / Revenue TTM 3.27b)
Gross Margin = 48.81% ((Revenue TTM 3.27b - Cost of Revenue TTM 1.67b) / Revenue TTM)
Gross Margin QoQ = 37.12% (prev 41.94%)
Tobins Q-Ratio = 1.09 (Enterprise Value 15.8b / Total Assets 14.5b)
Interest Expense / Debt = 3.42% (Interest Expense 200.2m / Debt 5.86b)
Taxrate = 16.23% (88.8m / 547.0m)
NOPAT = 625.9m (EBIT 747.2m * (1 - 16.23%))
Current Ratio = 0.66 (Total Current Assets 808.5m / Total Current Liabilities 1.23b)
Debt / Equity = 1.19 (Debt 5.86b / totalStockholderEquity, last quarter 4.94b)
Debt / EBITDA = 4.49 (Net Debt 5.86b / EBITDA 1.31b)
Debt / FCF = 6.00 (Net Debt 5.86b / FCF TTM 977.7m)
Total Stockholder Equity = 4.84b (last 4 quarters mean from totalStockholderEquity)
RoA = 3.22% (Net Income 458.2m / Total Assets 14.5b)
RoE = 9.47% (Net Income TTM 458.2m / Total Stockholder Equity 4.84b)
RoCE = 7.32% (EBIT 747.2m / Capital Employed (Equity 4.84b + L.T.Debt 5.37b))
RoIC = 4.56% (NOPAT 625.9m / Invested Capital 13.7b)
WACC = 4.79% (E(9.96b)/V(15.8b) * Re(5.93%) + D(5.86b)/V(15.8b) * Rd(3.42%) * (1-Tc(0.16)))
Discount Rate = 5.93% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 93.21 | Cagr: 1.52%
[DCF] Terminal Value 75.44% ; FCFF base≈977.7m ; Y1≈981.7m ; Y5≈1.04b
[DCF] Fair Price = 49.97 (EV 16.2b - Net Debt 5.86b = Equity 10.3b / Shares 206.4m; r=8.35% [WACC [floored]]; 5y FCF grow 0.0% → 2.50% )
EPS Correlation: 72.93 | EPS CAGR: 7.25% | SUE: -0.27 | # QB: 0
Revenue Correlation: 70.34 | Revenue CAGR: 6.44% | SUE: 1.36 | # QB: 1
EPS current Quarter (2026-06-30): EPS=0.57 | Chg30d=+1.67% | Revisions=+17% | Analysts=6
EPS next Quarter (2026-09-30): EPS=1.22 | Chg30d=+1.48% | Revisions=+29% | Analysts=6
EPS current Year (2026-12-31): EPS=2.43 | Chg30d=+0.04% | Revisions=+22% | GrowthEPS=+4.7% | GrowthRev=+5.5%
EPS next Year (2027-12-31): EPS=2.61 | Chg30d=+0.02% | Revisions=+22% | GrowthEPS=+7.3% | GrowthRev=+5.5%
[Analyst] Revisions Ratio: +32% (up=13, down=6)