OGE Energy Corp., together with its subsidiaries, operates as an energy and energy services provider that provides physical delivery and related services for electricity and natural gas primarily in the south central United States.
Established dividend payer and good value.
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 has not had significant price volatility in the past 3 months.
7 Day Return
US Electric Utilities
1 Year Return
US Electric Utilities
Return vs Industry: OGE underperformed the US Electric Utilities industry which returned 26% over the past year.
Return vs Market: OGE underperformed the US Market which returned 19.3% over the past year.
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
1 week ago | Simply Wall StDoes OGE Energy Corp. (NYSE:OGE) Create Value For Shareholders?
3 weeks ago | Simply Wall StNeed To Know: OGE Energy Corp. (NYSE:OGE) Insiders Have Been Selling Shares
1 month ago | Simply Wall StDo You Know What OGE Energy Corp.'s (NYSE:OGE) P/E Ratio Means?
Is OGE Energy undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: OGE ($44.92) is trading below our estimate of fair value ($77.12)
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 (19.8x) compared to the Electric Utilities industry average (25.3x).
PE vs Market: OGE is poor value based on its PE Ratio (19.8x) compared to the US market (18.5x).
Price to Earnings Growth Ratio
PEG Ratio: OGE is poor value based on its PEG Ratio (4.9x)
Price to Book Ratio
PB vs Industry: OGE is good value based on its PB Ratio (2.1x) compared to the US Electric Utilities industry average (2.4x).
How is OGE Energy forecast to perform in the next 1 to 3 years based on estimates from 9 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: OGE's forecast earnings growth (4% per year) is above the savings rate (1.7%).
Earnings vs Market: OGE's earnings (4% per year) are forecast to grow slower than the US market (14.2% per year).
High Growth Earnings: OGE's earnings are forecast to grow, but not significantly.
Revenue vs Market: OGE's revenue (2.8% per year) is forecast to grow slower than the US market (7.6% per year).
High Growth Revenue: OGE's revenue (2.8% 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 (10.7%).
How has OGE Energy performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: OGE has high quality earnings.
Growing Profit Margin: OGE's current net profit margins (19.9%) are lower than last year (29.4%).
Past Earnings Growth Analysis
Earnings Trend: OGE's earnings have grown by 10.3% per year over the past 5 years.
Accelerating Growth: OGE's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: OGE had negative earnings growth (-32%) over the past year, making it difficult to compare to the Electric Utilities industry average (6%).
Return on Equity
High ROE: OGE's Return on Equity (10.8%) is considered low.
Return on Assets
Return on Capital Employed
How is OGE Energy's financial position?
Financial Position Analysis
Short Term Liabilities: OGE's short term assets ($549.1M) do not cover its short term liabilities ($696.6M).
Long Term Liabilities: OGE's short term assets ($549.1M) do not cover its long term liabilities ($6.2B).
Debt to Equity History and Analysis
Debt Level: OGE's debt to equity ratio (80.3%) is considered high.
Reducing Debt: OGE's debt to equity ratio has reduced from 90.1% to 80.3% over the past 5 years.
Debt Coverage: OGE's debt is not well covered by operating cash flow (19.5%).
Interest Coverage: OGE's interest payments on its debt are well covered by EBIT (3.2x coverage).
Inventory Level: OGE has a high level of physical assets or inventory.
Debt Coverage by Assets: OGE's debt is not covered by short term assets (assets are 0.2x debt).
What is OGE Energy's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: OGE's dividend (3.45%) is higher than the bottom 25% of dividend payers in the US market (1.44%).
High Dividend: OGE's dividend (3.45%) is low compared to the top 25% of dividend payers in the US market (3.71%).
Stability and Growth of Payments
Stable Dividend: OGE's dividends per share have been stable in the past 10 years.
Growing Dividend: OGE's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (64.5%), OGE's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: OGE's dividends in 3 years are forecast to be covered by earnings (70.6% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Robert Trauschke (52yo)
Mr. Robert Sean Trauschke has been Chief Executive Officer of Oklahoma Gas and Electric Company since May 29, 2015 and Chief Executive Officer of OGE Energy Corp since June 1, 2015. Mr. Trauschke has been ...
CEO Compensation Analysis
Compensation vs Market: Robert's total compensation ($USD5.69M) is about average for companies of similar size in the US market ($USD6.36M).
Compensation vs Earnings: Robert's compensation has been consistent with company performance over the past year.
|Chief Financial Officer||5.4yrs||US$1.77m||0.033% $3.0m|
|General Counsel||3.1yrs||US$1.39m||0.0048% $432.5k|
|Senior Vice President of Utility Operations -Oklahoma Gas and Electric Company||0yrs||US$1.21m||0.020% $1.8m|
|Chief Operating Officer of Oklahoma Gas & Electric Company||0yrs||US$2.35m||0.057% $5.2m|
|Chief Accounting Officer & Controller||1.9yrs||no data||0.0041% $368.7k|
|Director of Investor Relations||0yrs||no data||no data|
|VP of Governance & Corporate Secretary||8.1yrs||no data||0.024% $2.1m|
|Treasurer||6yrs||no data||0.0062% $558.4k|
|VP & Chief Information Officer of Oklahoma Gas and Electric Company||12.1yrs||no data||0.010% $897.4k|
Experienced Management: OGE's management team is seasoned and experienced (5.4 years average tenure).
|Independent Director||8.6yrs||US$237.50k||0.00050% $45.0k|
|Independent Director||1.1yrs||no data||0.0010% $89.9k|
|Lead Director||0yrs||US$250.00k||0.00057% $51.3k|
|Independent Director||4.6yrs||US$230.00k||0.00050% $45.0k|
|Independent Director||10yrs||US$237.50k||0.0040% $359.7k|
|Independent Director||6.4yrs||US$225.00k||no data|
|Independent Director||4yrs||US$230.00k||0.0075% $673.5k|
|Independent Director||2yrs||US$206.25k||0.00092% $82.7k|
|Independent Director||2.4yrs||US$230.00k||no data|
Experienced Board: OGE's board of directors are considered experienced (4.2 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
OGE Energy Corp.'s company bio, employee growth, exchange listings and data sources
- Name: OGE Energy Corp.
- Ticker: OGE
- Exchange: NYSE
- Founded: 1902
- Industry: Electric Utilities
- Sector: Utilities
- Market Cap: US$8.992b
- Shares outstanding: 200.18m
- Website: https://www.ogeenergy.com
Number of Employees
- OGE Energy Corp.
- 321 North Harvey
- PO Box 321
- Oklahoma City
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|OGE||NYSE (New York Stock Exchange)||Yes||Common Stock||US||USD||Jan 1968|
|OG5||DB (Deutsche Boerse AG)||Yes||Common Stock||DE||EUR||Jan 1968|
OGE Energy Corp., together with its subsidiaries, operates as an energy and energy services provider that provides physical delivery and related services for electricity and natural gas primarily in the south central United States. It operates in two segments, Electric Utility and Natural Gas Midstream Operations. The Electric Utility segment generates, transmits, distributes, and sells electric energy. This segment furnishes retail electric service in 267 communities and their contiguous rural and suburban areas; and owns and operates coal-fired, natural gas-fired, wind-powered, and solar-powered generating assets. Its service area covers 30,000 square miles in Oklahoma and western Arkansas, including Oklahoma City in Oklahoma; and Fort Smith, Arkansas. The Natural Gas Midstream Operations segment engages in gathering, processing, transporting, and storing natural gas; and the provision of crude oil gathering services, and interstate and intrastate natural gas pipeline transportation and storage services primarily to its producer, power plant, local distribution company, and industrial end-user customers. As of December 31, 2018, the company owned and operated interconnected electric generation, transmission, and distribution systems, including 11 generating stations with an aggregate capability of 6,616 megawatts; and transmission systems comprising 52 substations and 5,100 structure miles of lines in Oklahoma, and 7 substations and 277 structure miles of lines in Arkansas. Its distribution systems include 345 substations; 29,345 structure miles of overhead lines; 2,940 miles of underground conduit; and 10,932 miles of underground conductors in Oklahoma, as well as 30 substations, 2,786 structure miles of overhead lines, 297 miles of underground conduit, and 685 miles of underground conductors in Arkansas. The company was founded in 1902 and is headquartered in Oklahoma City, Oklahoma.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/20 23:58|
|End of Day Share Price||2020/02/20 00:00|
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.