NYSE:OGE

Stock Analysis Report

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Market Cap

US$6.9b

Last Updated

2021/06/18 00:12 UTC

Data Sources

Company Financials +

Executive Summary

OGE Energy Corp., together with its subsidiaries, operates as an energy and energy services provider that offers physical delivery and related services for electricity and natural gas primarily in the south-central United States. More Details


Snowflake Analysis

6 star dividend payer and good value.


Similar Companies

Share Price & News

How has OGE Energy's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: OGE is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 2% a week.

Volatility Over Time: OGE's weekly volatility (2%) has been stable over the past year.


Market Performance


7 Day Return

-1.1%

OGE

0.2%

US Electric Utilities

0.2%

US Market


1 Year Return

11.4%

OGE

11.5%

US Electric Utilities

39.7%

US Market

Return vs Industry: OGE matched the US Electric Utilities industry which returned 11.5% over the past year.

Return vs Market: OGE underperformed the US Market which returned 39.7% over the past year.


Shareholder returns

OGEIndustryMarket
7 Day-1.1%0.2%0.2%
30 Day3.0%0.3%2.5%
90 Day6.9%5.0%5.9%
1 Year17.1%11.4%15.2%11.5%41.9%39.7%
3 Year12.5%-0.8%29.2%18.3%59.7%49.8%
5 Year35.1%10.5%30.7%12.3%125.6%100.3%

Long-Term Price Volatility Vs. Market

How volatile is OGE Energy's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is OGE Energy undervalued compared to its fair value and its price relative to the market?

22.1%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: OGE ($34.78) is trading below our estimate of fair value ($44.32)

Significantly Below Fair Value: OGE is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: OGE is good value based on its PE Ratio (18.8x) compared to the US Electric Utilities industry average (21.2x).

PE vs Market: OGE is good value based on its PE Ratio (18.8x) compared to the US market (19.6x).


Price to Earnings Growth Ratio

PEG Ratio: OGE is poor value based on its PEG Ratio (15.7x)


Price to Book Ratio

PB vs Industry: OGE's PB Ratio (1.9x) is in line with the US Electric Utilities industry average.


Future Growth

How is OGE Energy forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?

1.2%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: OGE's forecast earnings growth (1.2% per year) is below the savings rate (2%).

Earnings vs Market: OGE's earnings (1.2% per year) are forecast to grow slower than the US market (15.6% per year).

High Growth Earnings: OGE's earnings are forecast to grow, but not significantly.

Revenue vs Market: OGE's revenue (2% per year) is forecast to grow slower than the US market (9.3% per year).

High Growth Revenue: OGE's revenue (2% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: OGE's Return on Equity is forecast to be low in 3 years time (10.6%).


Past Performance

How has OGE Energy performed over the past 5 years?

-18.2%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: OGE has high quality earnings.

Growing Profit Margin: OGE became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: OGE's earnings have declined by 18.2% per year over the past 5 years.

Accelerating Growth: OGE has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: OGE has become profitable in the last year, making it difficult to compare its past year earnings growth to the Electric Utilities industry (12.6%).


Return on Equity

High ROE: OGE's Return on Equity (10.3%) is considered low.


Financial Health

How is OGE Energy's financial position?


Financial Position Analysis

Short Term Liabilities: OGE's short term assets ($502.7M) do not cover its short term liabilities ($1.8B).

Long Term Liabilities: OGE's short term assets ($502.7M) do not cover its long term liabilities ($6.3B).


Debt to Equity History and Analysis

Debt Level: OGE's debt to equity ratio (131.2%) is considered high.

Reducing Debt: OGE's debt to equity ratio has increased from 85.4% to 131.2% over the past 5 years.

Debt Coverage: OGE's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: OGE's interest payments on its debt are well covered by EBIT (3.2x coverage).


Balance Sheet


Dividend

What is OGE Energy current dividend yield, its reliability and sustainability?

4.66%

Current Dividend Yield


Upcoming Dividend Payment

TodayJun 18 2021Ex Dividend DateJul 09 2021Dividend Pay DateJul 30 202121 days from Ex DividendBuy in the next 21 days to receive the upcoming dividend

Dividend Yield vs Market

Notable Dividend: OGE's dividend (4.63%) is higher than the bottom 25% of dividend payers in the US market (1.27%).

High Dividend: OGE's dividend (4.63%) is in the top 25% of dividend payers in the US market (3.36%)


Stability and Growth of Payments

Stable Dividend: OGE's dividends per share have been stable in the past 10 years.

Growing Dividend: OGE's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: At its current payout ratio (85.3%), OGE's payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: OGE's dividends in 3 years are forecast to be covered by earnings (76.1% payout ratio).


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

4.4yrs

Average management tenure


CEO

Robert Trauschke (53 yo)

6yrs

Tenure

US$5,420,683

Compensation

Mr. Robert Sean Trauschke has been Chief Executive Officer of OGE Energy Corp since June 1, 2015. He has been a Director at Enable GP, LLC, general Partner of Enable Midstream Partners, LP since May 2013. ...


CEO Compensation Analysis

Compensation vs Market: Robert's total compensation ($USD5.42M) is about average for companies of similar size in the US market ($USD6.58M).

Compensation vs Earnings: Robert's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: OGE's management team is considered experienced (4.4 years average tenure).


Board Members

Experienced Board: OGE's board of directors are considered experienced (4.5 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: OGE insiders have only sold shares in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

OGE Energy Corp.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: OGE Energy Corp.
  • Ticker: OGE
  • Exchange: NYSE
  • Founded: 1995
  • Industry: Electric Utilities
  • Sector: Utilities
  • Market Cap: US$6.910b
  • Shares outstanding: 200.17m
  • Website: https://www.ogeenergy.com

Number of Employees


Location

  • OGE Energy Corp.
  • 321 North Harvey
  • PO Box 321
  • Oklahoma City
  • Oklahoma
  • 73101-0321
  • United States

Listings


Biography

OGE Energy Corp., together with its subsidiaries, operates as an energy and energy services provider that offers physical delivery and related services for electricity and natural gas primarily in the sout...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/06/18 00:12
End of Day Share Price2021/06/17 00:00
Earnings2021/03/31
Annual Earnings2020/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.