OGE Energy Corp. (OGE)
Market Cap | 8.66B |
Revenue (ttm) | 2.79B |
Net Income (ttm) | 387.80M |
Shares Out | 200.95M |
EPS (ttm) | 1.93 |
PE Ratio | 22.33 |
Forward PE | 17.86 |
Dividend | $1.68 (3.91%) |
Ex-Dividend Date | Oct 7, 2024 |
Volume | 587,842 |
Open | 43.14 |
Previous Close | 43.17 |
Day's Range | 42.77 - 43.26 |
52-Week Range | 32.06 - 44.09 |
Beta | 0.74 |
Analysts | Buy |
Price Target | 38.67 (-10.3%) |
Earnings Date | Nov 5, 2024 |
About OGE
OGE Energy Corp., together with its subsidiaries, operates as an energy services provider in the United States. The company generates, transmits, distributes, and sells electric energy. In addition, it provides retail electric service to approximately 896,000 customers, which covers a service area of approximately 30,000 square miles in Oklahoma and western Arkansas; and owns and operates coal-fired, natural gas-fired, wind-powered, and solar-powered generating assets. OGE Energy Corp. was founded in 1902 and is headquartered in Oklahoma City, ... [Read more]
Financial Performance
In 2023, OGE Energy's revenue was $2.67 billion, a decrease of -20.78% compared to the previous year's $3.38 billion. Earnings were $416.80 million, a decrease of -37.39%.
Financial StatementsAnalyst Forecast
According to 7 analysts, the average rating for OGE stock is "Buy." The 12-month stock price forecast is $38.67, which is a decrease of -10.30% from the latest price.
News
OGE Energy Corp. (OGE) Q3 2024 Earnings Call Transcript
OGE Energy Corp. (NYSE:OGE) Q3 2024 Earnings Conference Call November 5, 2024 9:00 AM ET Company Participants Jason Bailey - Director of Investor Relations Sean Trauschke - Chairman, President and Ch...
OGE Energy Corp. reports third quarter 2024 results
OKLAHOMA CITY , Nov. 5, 2024 /PRNewswire/ -- OGE Energy Corp. (NYSE: OGE), the parent company of Oklahoma Gas and Electric Company ("OG&E"), today reported earnings of $1.09 per diluted share during t...
OGE Energy: Solid 4%+ Dividend, Stable Earnings Outlook, Near Fair Value
The Utilities sector has surged in 2024, but OGE Energy remains a hold due to valuation and technical trends. OGE Energy's Q2 results were solid, with a 10% revenue increase and EPS beating forecasts,...
OGE Energy Corp. third quarter 2024 earnings webcast
OKLAHOMA CITY , Oct. 4, 2024 /PRNewswire/ -- OGE Energy Corp. (NYSE: OGE) will hold its quarterly earnings and business update conference call at 9 a.m. Eastern Time (8 a.m.
OGE Energy Corp. Board of Directors declares quarterly dividend
OKLAHOMA CITY , Sept. 23, 2024 /PRNewswire/ -- OGE Energy Corp. (NYSE: OGE), the parent company of Oklahoma Gas and Electric Company, announced today that its Board of Directors approved a fourth quar...
OGE Energy Corp (OGE) Q2 2024 Earnings Call Transcript
OGE Energy Corp (NYSE:OGE) Q2 2024 Earnings Conference Call August 7, 2024 9:00 AM ET Company Participants Jason Bailey - Director of Investor Relations Sean Trauschke - Chairman, President and Chief...
OGE Energy Corp. reports second quarter 2024 results
OKLAHOMA CITY , Aug. 7, 2024 /PRNewswire/ -- OGE Energy Corp. (NYSE: OGE), the parent company of Oklahoma Gas and Electric Company ("OG&E"), today reported earnings of $0.51 per diluted share during t...
OGE Energy Corp. second quarter 2024 earnings webcast
OKLAHOMA CITY , July 9, 2024 /PRNewswire/ -- OGE Energy Corp. (NYSE: OGE) will hold its quarterly earnings and business update conference call at 9 a.m. Eastern Time (8 a.m.
OGE Energy: Interest Expenses Dragging On Results, But Valuation Has Improved
OGE Energy Corp. primarily serves Oklahoma and western Arkansas, with a customer base of approximately 900,000, benefiting from population growth due to remote work trends. The stock price has appreci...
OGE Energy elects board of directors at annual meeting
OKLAHOMA CITY , May 16, 2024 /PRNewswire/ -- OGE Energy Corp. (NYSE: OGE) virtually held its 2024 Annual Meeting of Shareholders today, electing its board of directors and acting on a number of items....
OGE Energy Corp (OGE) Q1 2024 Earnings Call Transcript
OGE Energy Corp (NYSE:OGE) Q1 2024 Earnings Conference Call May 1, 2024 9:00 AM ET Company Participants Jason Bailey - Director, IR Sean Trauschke - Chairman, President and CEO Bryan Buckler - CFO Co...
OGE Energy Corp. reports first quarter 2024 results
OKLAHOMA CITY , May 1, 2024 /PRNewswire/ -- OGE Energy Corp. (NYSE: OGE), the parent company of Oklahoma Gas and Electric Company ("OG&E"), today reported earnings of $0.09 per diluted share during th...
OGE Energy Corp. first quarter 2024 earnings webcast
OKLAHOMA CITY , April 1, 2024 /PRNewswire/ -- OGE Energy Corp. (NYSE: OGE) will hold its quarterly earnings and business update conference call at 9 a.m. Eastern Time (8 a.m.
OGE Energy Corp. An Attractive Long-Term Investment (Rating Upgrade)
OGE Energy Corp. is a $6.8 billion utility holding company offering a 4.9% dividend. The company is the parent of utility OG&E. In 2022, OGE Energy divested its interest in gas transport-focused Enabl...
OGE Energy Corp (OGE) Q4 2023 Earnings Call Transcript
OGE Energy Corp (OGE) Q4 2023 Earnings Call Transcript
OGE Energy Corp. reports 2023 results and outlook for 2024
OKLAHOMA CITY , Feb. 21, 2024 /PRNewswire/ -- OGE Energy Corp. (NYSE: OGE), the parent company of Oklahoma Gas and Electric Company ("OG&E"), today reported earnings of $2.07 per diluted share in 2023...
February's 5 Dividend Growth Stocks With 4.75%+ Yields
Every month we look at companies that are delivering not only a solid dividend yield but also showing a trend of growing dividends. Companies that can consistently deliver dividend growth due to risin...
OGE Energy Corp. fourth quarter 2023 earnings webcast
OKLAHOMA CITY , Jan. 22, 2024 /PRNewswire/ -- OGE Energy Corp. (NYSE: OGE) will hold its quarterly earnings and business update conference call at 9 a.m. Eastern Time (8 a.m.
OGE Energy: Minus Gas Operations, Simpler Is Better For This Electric Utility
OGE is the largest electric utility in Oklahoma, a state which has had increasing population growth of late. In 2022, the company exited its midstream gas business, which made its income variable and ...
OGE Energy Corp. (OGE) Q3 2023 Earnings Call Transcript
OGE Energy Corp. (NYSE:OGE) Q3 2023 Results Conference Call November 2, 2023 9:00 AM ET Company Participants Jason Bailey - Director, IR Sean Trauschke - Chairman, President & CEO Bryan Buckler - CFO...
OGE Energy Corp. reports third quarter 2023 results
OKLAHOMA CITY , Nov. 2, 2023 /PRNewswire/ -- OGE Energy Corp. (NYSE: OGE), the parent company of Oklahoma Gas and Electric Company ("OG&E"), today reported earnings of $1.20 per diluted share during t...
OGE: Looks A Bit Expensive, But May Be Good As A Safe Haven Play
OGE Energy Corp. is a regulated electric utility serving Oklahoma with a high dividend yield of 4.91%. The company has shown resilience in its revenue and operating income growth despite economic even...
OGE Energy Corp. third quarter 2023 earnings webcast
OKLAHOMA CITY , Oct. 2, 2023 /PRNewswire/ -- OGE Energy Corp. (NYSE: OGE) will hold its quarterly conference call to discuss third quarter 2023 results at 9 a.m. Eastern Time (8 a.m.
Dividend Growth Predictions For 15 Companies Announcing Annual Boosts In October
Fifteen long-term dividend growth companies, AbbVie among them, will announce their annual increases in October. Most of the increases will be in the single digit range, with 10%+ increases expected f...
OGE Energy Corp. reports second quarter 2023 results
OKLAHOMA CITY , Aug. 9, 2023 /PRNewswire/ -- OGE Energy Corp. (NYSE: OGE), the parent company of Oklahoma Gas and Electric Company ("OG&E"), today reported earnings of $0.44 per diluted share during t...