(OGE) OGE Energy - Overview

Sector: Utilities | Industry: Utilities - Regulated Electric | Exchange: NYSE (USA) | Market Cap: 9.764m USD | Total Return: 13.1% in 12m

Electricity, Transmission, Distribution, Power Generation
Total Rating 47
Safety 64
Buy Signal -0.02
Utilities - Regulated Electric
Industry Rotation: +13.2
Market Cap: 9.76B
Avg Turnover: 70.2M
Risk 3d forecast
Volatility18.1%
VaR 5th Pctl3.30%
VaR vs Median10.8%
Reward TTM
Sharpe Ratio0.59
Rel. Str. IBD46.3
Rel. Str. Peer Group52.2
Character TTM
Beta0.034
Beta Downside-0.024
Hurst Exponent0.566
Drawdowns 3y
Max DD13.65%
CAGR/Max DD1.19
CAGR/Mean DD4.28
EPS (Earnings per Share) EPS (Earnings per Share) of OGE over the last years for every Quarter: "2021-03": 0.26, "2021-06": 0.56, "2021-09": 1.26, "2021-12": 0.27, "2022-03": 1.39, "2022-06": 0.36, "2022-09": 1.31, "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": 0.34, "2026-03": 0.24,
EPS CAGR: 6.06%
EPS Trend: 63.2%
Last SUE: -1.79
Qual. Beats: -1
Revenue Revenue of OGE over the last years for every Quarter: 2021-03: 1630.6, 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

No concerns identified

Tailwinds

No distinct edge detected

Description: OGE OGE Energy

OGE Energy Corp. is an Oklahoma-based utility holding company that manages the generation, transmission, and distribution of electricity across a 30,000 square mile service area. Its generation fleet is diversified across coal, natural gas, wind, and solar assets, serving approximately 913,000 retail customers in the United States.

As a regulated electric utility, the company operates under a cost-of-service model where rates are set by state commissions, providing a predictable revenue stream tied to infrastructure investment. This sector is characterized by high capital intensity and geographical monopolies, which often result in defensive stock performance during periods of market volatility.

Investors can evaluate the companys long-term valuation trends and dividend sustainability by reviewing the detailed metrics available on ValueRay. Founded in 1902, OGE Energy Corp. remains a primary provider of essential energy services and electrical construction for both residential and industrial sectors.

Headlines to Watch Out For
  • Oklahoma rate case outcomes determine long-term regulated utility return on equity
  • Population growth in Oklahoma City metropolitan area drives residential load expansion
  • Capital expenditure on grid modernization and renewables influences utility rate base
  • Natural gas price volatility impacts fuel cost recovery and industrial demand
  • Extreme weather events increase operation and maintenance expenses for transmission infrastructure
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 (1.30b): 4.50 < 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 0.47%; Δ 4.83k% > 0.5%)
Asset Turnover: 22.97% > 50% (prev 22.48%; Δ 0.50% > 0%)
Interest Coverage Ratio: 3.71 > 6 (EBITDA TTM 1.30b / 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 742.9m / 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 -3.31
DSRI: 0.74 (Receivables 408.4m/528.6m, Revenue 3.27b/3.14b)
GMI: 0.96 (GM 48.81% / 46.68%)
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 = -3.31 (Cap -4..+1) = AA
What is the price of OGE shares?

As of May 25, 2026, the stock is trading at USD 48.10 with a total of 1,183,024 shares traded.
Over the past week, the price has changed by +4.91%, over one month by +3.06%, over three months by +1.19% and over the past year by +13.13%.

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 50.1 4.1%
OGE Energy (OGE) - Fundamental Data Overview as of 20 May 2026
P/E Trailing = 21.0267
P/E Forward = 19.5695
P/S = 2.9904
P/B = 1.9784
P/EG = 2.9291
Revenue TTM = 3.27b USD
EBIT TTM = 742.9m USD
EBITDA TTM = 1.30b 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 = 15.6b USD (9.76b + Debt 5.86b - CCE 200k)
Interest Coverage Ratio = 3.71 (Ebit TTM 742.9m / Interest Expense TTM 200.2m)
EV/FCF = 15.98x (Enterprise Value 15.6b / FCF TTM 977.7m)
FCF Yield = 6.26% (FCF TTM 977.7m / Enterprise Value 15.6b)
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 = 1.08 (Enterprise Value 15.6b / Total Assets 14.5b)
Interest Expense / Debt = 3.42% (Interest Expense 200.2m / Debt 5.86b)
Taxrate = 15.49% (9.20m / 59.4m)
NOPAT = 627.8m (EBIT 742.9m * (1 - 15.49%))
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 = 4.50 (Net Debt 5.86b / EBITDA 1.30b)
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 = 7.28% (EBIT 742.9m / Capital Employed (Equity 4.84b + L.T.Debt 5.37b))
RoIC = 4.57% (NOPAT 627.8m / Invested Capital 13.7b)
WACC = 4.89% (E(9.76b)/V(15.6b) * Re(6.10%) + D(5.86b)/V(15.6b) * Rd(3.42%) * (1-Tc(0.15)))
Discount Rate = 6.10% (= 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: 63.21 | EPS CAGR: 6.06% | SUE: -1.79 | # QB: -1
Revenue Correlation: 70.34 | Revenue CAGR: 6.44% | SUE: 1.36 | # QB: 1
EPS current Quarter (2026-06-30): EPS=0.56 | Chg30d=+10.09% | Revisions=+25% | Analysts=5
EPS next Quarter (2026-09-30): EPS=1.20 | Chg30d=+1.17% | Revisions=+0% | Analysts=5
EPS current Year (2026-12-31): EPS=2.43 | Chg30d=-0.14% | Revisions=+0% | GrowthEPS=+4.7% | GrowthRev=+5.2%
EPS next Year (2027-12-31): EPS=2.60 | Chg30d=+0.11% | Revisions=+11% | GrowthEPS=+7.3% | GrowthRev=+5.3%
[Analyst] Revisions Ratio: +25%