OGE Energy Corp. (OGE)
OGE Energy Corp. is an energy and energy services provider in the United States, delivering electricity, natural gas, and related services. The company serves approximately 879,000 customers across Oklahoma and western Arkansas.
Company Overview
OGE Energy Corp. delivers essential energy services across Oklahoma and Arkansas, boasting a stable regulated business model, a 3.85% dividend yield, and a proven track record since 1902, making it a compelling investment for income-focused investors seeking reliable returns in a defensive sector.
Investment Thesis
OGE Energy presents a compelling investment opportunity due to its stable, regulated business model and consistent dividend yield of 3.85%. The company's operations in Oklahoma and Arkansas provide a predictable revenue stream, supported by a large customer base of approximately 879,000. With a P/E ratio of 17.60 and a profit margin of 15.3%, OGE demonstrates financial health and profitability. The company's commitment to diversifying its energy sources, including investments in wind and solar power, positions it well for future growth and regulatory compliance. As energy demand continues to rise, OGE's established infrastructure and market presence make it a reliable investment for long-term, income-focused investors. The company's beta of 0.62 suggests lower volatility compared to the broader market.
Key Highlights
- Market capitalization of $9.03 billion, reflecting substantial investor confidence in OGE's market position.
- Profit margin of 15.3%, indicating efficient operations and strong earnings generation.
- Gross margin of 50.1%, showcasing the company's ability to manage costs effectively.
- Dividend yield of 3.85%, providing a steady income stream for investors.
- Beta of 0.62, suggesting lower volatility compared to the overall market, making it a relatively stable investment.
Competitors
Strengths
- Stable, regulated business model.
- Consistent dividend yield.
- Diversified energy generation portfolio.
- Established infrastructure network.
Weaknesses
- Exposure to regulatory changes.
- Dependence on weather conditions.
- Potential for environmental liabilities.
- Limited geographic diversification.
Catalysts
- Ongoing: Investments in renewable energy projects driving long-term growth.
- Ongoing: Infrastructure modernization projects improving grid reliability and efficiency.
- Upcoming: Regulatory approvals for new transmission and distribution projects.
- Ongoing: Expansion of electric vehicle charging infrastructure creating new revenue streams.
Risks
- Potential: Changes in environmental regulations impacting coal-fired generation.
- Potential: Fluctuations in natural gas prices affecting operating costs.
- Potential: Cybersecurity threats targeting critical infrastructure.
- Ongoing: Economic downturns reducing energy demand and impacting revenue.
Growth Opportunities
- Expansion of Renewable Energy Portfolio: OGE can capitalize on the growing demand for renewable energy by expanding its wind and solar power generation assets. The market for renewable energy is projected to grow significantly, driven by government incentives and corporate sustainability goals. By investing in new renewable energy projects, OGE can diversify its energy mix, reduce its carbon footprint, and attract environmentally conscious investors. This expansion aligns with the broader industry trend towards cleaner energy and positions OGE for long-term growth.
- Infrastructure Modernization: OGE can invest in modernizing its transmission and distribution infrastructure to improve grid reliability and efficiency. The aging infrastructure in many parts of the United States presents both a challenge and an opportunity. By upgrading its substations, power lines, and grid management systems, OGE can reduce outages, improve energy delivery, and enhance customer satisfaction. These investments can also qualify for regulatory support and incentives, providing a stable return on investment.
- Smart Grid Technologies: Implementing smart grid technologies can enable OGE to optimize energy consumption, reduce costs, and improve grid resilience. Smart grids use advanced sensors, communication networks, and data analytics to monitor and control energy flows in real-time. By deploying smart meters, demand response programs, and advanced grid management systems, OGE can enhance grid efficiency, reduce peak demand, and integrate distributed energy resources such as rooftop solar. This can lead to cost savings, improved customer service, and a more sustainable energy system.
- Electric Vehicle (EV) Infrastructure: OGE can capitalize on the growing adoption of electric vehicles by investing in EV charging infrastructure. As the number of EVs on the road increases, the demand for charging stations will also rise. By partnering with local businesses, municipalities, and other stakeholders, OGE can deploy EV charging stations in strategic locations across its service territory. This can generate new revenue streams, attract new customers, and support the transition to a cleaner transportation system.
- Energy Storage Solutions: Investing in energy storage solutions can enhance grid reliability, integrate renewable energy sources, and reduce peak demand. Energy storage systems, such as batteries, can store excess energy generated from renewable sources and release it when demand is high. By deploying energy storage systems, OGE can improve grid stability, reduce reliance on fossil fuels, and lower energy costs. This can also enable OGE to participate in energy markets and provide ancillary services to the grid.
Opportunities
- Expansion of renewable energy portfolio.
- Infrastructure modernization investments.
- Adoption of smart grid technologies.
- Growth in electric vehicle charging infrastructure.
Threats
- Increasing competition from alternative energy providers.
- Rising fuel costs.
- Cybersecurity risks.
- Economic downturns affecting energy demand.
Competitive Advantages
- Regulated business model provides a stable and predictable revenue stream.
- Extensive infrastructure network creates a barrier to entry for new competitors.
- Long-standing relationships with customers in Oklahoma and western Arkansas.
- Diversified energy generation portfolio reduces reliance on any single fuel source.
About
Founded in 1902 and headquartered in Oklahoma City, OGE Energy Corp. has evolved into a key energy and energy services provider in the United States. The company's core business revolves around the generation, transmission, distribution, and sale of electric energy, alongside physical delivery and related services for natural gas, crude oil, and natural gas liquids. OGE Energy serves approximately 879,000 customers across a 30,000 square mile service area spanning Oklahoma and western Arkansas. The company's asset base includes 16 generating stations with a total capability of 7,207 megawatts, utilizing a mix of coal-fired, natural gas-fired, wind-powered, and solar-powered resources. OGE Energy operates extensive transmission and distribution systems, including thousands of miles of overhead and underground lines and hundreds of substations. With a focus on regulated operations, OGE Energy provides a stable and essential service to its customers, positioning itself as a reliable player in the energy sector.
What They Do
- Generates electricity using coal-fired, natural gas-fired, wind-powered, and solar-powered generating assets.
- Transmits electricity through a network of substations and transmission lines.
- Distributes electricity to residential, commercial, and industrial customers.
- Sells electric energy to approximately 879,000 customers in Oklahoma and western Arkansas.
- Provides physical delivery services for electricity, natural gas, crude oil, and natural gas liquids.
- Operates and maintains interconnected electric generation, transmission, and distribution systems.
Business Model
- Generates revenue through the sale of electricity to retail customers.
- Operates under a regulated business model, ensuring a stable and predictable revenue stream.
- Invests in infrastructure and technology to maintain and improve its energy delivery systems.
Industry Context
OGE Energy operates within the regulated electric utility industry, a sector characterized by stable demand and government oversight. The industry is undergoing a transition towards cleaner energy sources, driven by environmental regulations and changing consumer preferences. OGE competes with other regional utilities like AES, CMS, IDA, PCG, and PNW, facing competition for market share and regulatory approvals. The industry is also influenced by factors such as infrastructure investments, technological advancements in grid management, and the increasing adoption of renewable energy technologies. OGE's focus on regulated operations and diversification into renewable energy positions it to capitalize on these trends.
Key Customers
- Residential customers in Oklahoma and western Arkansas.
- Commercial customers, including businesses and organizations.
- Industrial customers, such as manufacturing plants and factories.
Financials
Recent Quarterly Results
| Quarter | Revenue | Net Income | EPS |
|---|---|---|---|
| Q4 2025 | $726M | $69M | $0.34 |
| Q3 2025 | $1.04B | $231M | $1.14 |
| Q2 2025 | $742M | $108M | $0.53 |
| Q1 2025 | $748M | $63M | $0.31 |
Source: Company filings
Chart & Info
Price Chart
OGE Energy Corp. (OGE) stock price: $42.18 (-0.70, -1.63%)
Why Bull
- •Recent insider buying suggests confidence in OGE's future, indicating that executives believe the stock is undervalued.
- •Community sentiment has leaned positive, with many investors highlighting OGE's stability in the energy sector amid market volatility.
- •The company has been focusing on renewable energy initiatives, aligning with increasing market demand for sustainable practices.
- •Recent regulatory developments favoring clean energy could provide OGE with new growth opportunities.
Why Bear
- •Concerns over rising interest rates may impact OGE's ability to finance new projects, causing hesitation among investors.
- •Some community members express skepticism about the pace of OGE's transition to renewables, fearing it may lag behind competitors.
- •Market perception is cautious due to potential regulatory challenges that could hinder operational expansion.
- •Recent earnings reports have shown mixed results, leading to uncertainty about the company's short-term performance.
Latest News
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OGE Energy Q4 Earnings Call Highlights
Yahoo! Finance: OGE News · Feb 18, 2026
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OGE Energy Q4 Earnings Call Highlights
MarketBeat · Feb 18, 2026
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OGE Energy Corp (OGE) Q4 2025 Earnings Call Highlights: Strong Performance and Strategic ...
Yahoo! Finance: OGE News · Feb 18, 2026
-
OGE Energy Corp (OGE) Q4 2025 Earnings Call Highlights: Strong Performance and Strategic ...
GuruFocus.com · Feb 18, 2026
Technical Analysis
Rationale
AI-generated technical analysis for OGE including trend direction, momentum, and pattern recognition.
What to Watch
Key support and resistance levels, volume signals, and upcoming events.
Risk Management
Position sizing, stop-loss levels, and risk-reward assessment.
Community
Discussion
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Sentiment
Community sentiment and discussion activity for OGE.
Make a Prediction
Set your price target for OGE Energy Corp. (OGE), choose a timeframe, and track your prediction accuracy.
Current price: $42.18
Analyst Consensus
Consensus Rating
Aggregated Buy/Hold/Sell recommendations from Benzinga, Yahoo Finance, and Finnhub for OGE.
Price Targets
Wall Street price target analysis for OGE.
Insider Flow (30d)
MoonshotScore
Score Factors
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Revenue Growth 4/100
Revenue grew only 6.9% YoY, suggesting the company is in a slower growth phase.
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Gross Margin 8/100
Gross margin at 45.0% indicates good unit economics and healthy profitability per sale.
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Operating Leverage 4/100
Limited operating leverage due to slower revenue growth, keeping profit scaling constrained.
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Cash Runway 5/100
Cash position data is currently unavailable for this company.
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R&D Intensity 5/100
R&D spending data is currently unavailable for this company.
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Insider Activity 6/100
No significant insider buying or selling recently, which is neutral for the stock outlook.
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Short Interest 5/100
Float and volume data unavailable for liquidity analysis.
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Price Momentum 0/100
No bullish technical signals detected. The stock lacks upward price momentum currently.
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News Sentiment 5/100
No sentiment data available
What does this score mean?
The MoonshotScore rates OGE's growth potential on a scale of 0-100 across multiple factors including innovation, market disruption, financial health, and momentum.
Competitors & Peers
Latest News
OGE Energy Q4 Earnings Call Highlights
OGE Energy Q4 Earnings Call Highlights
OGE Energy Corp (OGE) Q4 2025 Earnings Call Highlights: Strong Performance and Strategic ...
OGE Energy Corp (OGE) Q4 2025 Earnings Call Highlights: Strong Performance and Strategic ...
Frequently Asked Questions
What does OGE Energy Corp. do?
OGE Energy Corp. is an energy and energy services provider that generates, transmits, distributes, and sells electric energy to approximately 879,000 customers in Oklahoma and western Arkansas. The company operates under a regulated business model, ensuring a stable and predictable revenue stream. OGE Energy also provides physical delivery services for electricity, natural gas, crude oil, and natural gas liquids. The company's asset base includes a mix of coal-fired, natural gas-fired, wind-powered, and solar-powered generating assets, as well as extensive transmission and distribution systems.
Is OGE stock a good buy?
OGE stock may be a good buy for investors seeking stable income and long-term growth potential. The company's regulated business model provides a predictable revenue stream, and its dividend yield of 3.85% offers an attractive income opportunity. OGE's investments in renewable energy and infrastructure modernization position it well for future growth. However, investors should also consider the risks associated with regulatory changes, fuel costs, and cybersecurity threats. A thorough analysis of OGE's financials and industry trends is recommended before making an investment decision.
What are the main risks for OGE?
OGE faces several risks, including regulatory changes that could impact its operations and profitability. Environmental regulations, in particular, could affect the company's coal-fired generation assets. Fluctuations in natural gas prices can also impact operating costs. Cybersecurity threats pose a risk to OGE's critical infrastructure, and economic downturns could reduce energy demand and impact revenue. Additionally, increasing competition from alternative energy providers could put pressure on OGE's market share. These risks should be carefully considered before investing in OGE.
Is OGE a good stock to buy?
Whether OGE is a good investment depends on your financial goals, risk tolerance, and investment horizon. Key factors to evaluate include the company's revenue growth trajectory, profit margins, debt-to-equity ratio, competitive moat, and valuation multiples (P/E, P/S, EV/EBITDA) relative to industry peers. Our AI-generated Investment Thesis and SWOT analysis on this page provide a data-driven starting point. Always do your own research and consider consulting a financial advisor before making investment decisions.
What is the OGE MoonshotScore?
The MoonshotScore for OGE is an AI-powered rating from 0 to 100 that evaluates a stock across four dimensions: growth potential (revenue and earnings trajectory), financial health (balance sheet strength, cash flow), market momentum (price trends, volume patterns, institutional flows), and risk factors (volatility, debt levels, sector headwinds). Scores above 70 indicate strong potential, 50-70 moderate, and below 50 suggests caution. The score is recalculated daily using the latest financial data and market signals.
How often is OGE data updated?
OGE stock prices are updated in real-time during U.S. market hours (9:30 AM - 4:00 PM ET, Monday through Friday). After-hours and pre-market prices are also tracked. Company fundamentals (earnings, revenue, balance sheet) are refreshed when new quarterly or annual reports are filed. Analyst ratings, price targets, and AI-generated insights are updated daily. Breaking news related to OGE is aggregated continuously from premium financial news sources throughout the day.
What are the growth catalysts for OGE?
Growth catalysts for OGE Energy Corp. (OGE) can include several categories: product catalysts (new launches, FDA approvals, patent grants), financial catalysts (earnings beats, margin expansion, share buybacks), strategic catalysts (acquisitions, partnerships, market expansion into new regions), and macro catalysts (favorable regulation, industry tailwinds, secular growth trends). Our AI analyzes OGE Energy Corp.'s specific catalysts using earnings transcripts, SEC filings, and news sentiment to identify the most impactful near-term and long-term drivers.
Who are OGE's main competitors?
OGE Energy Corp. (OGE) competes with companies in its industry that target similar customers, markets, or product categories. Competitor analysis involves comparing key metrics: market share, revenue growth rates, profit margins, R&D spending, and valuation multiples. Understanding competitive positioning helps investors assess whether OGE has a sustainable competitive advantage (moat) through brand strength, network effects, cost leadership, or switching costs. Our Competitors section provides a side-by-side comparison with relevant peers.
What do analysts say about OGE?
Wall Street analyst coverage for OGE includes consensus ratings (buy, hold, or sell), 12-month price targets, and earnings estimates. Analyst opinions are aggregated from major investment banks and research firms. Key metrics to watch include the consensus price target (average, high, and low estimates), the number of analysts covering the stock, any recent rating changes (upgrades or downgrades), and how actual earnings compare to analyst estimates (beat or miss history). Our platform aggregates these from multiple data providers for a comprehensive view.
What is OGE's market cap?
Market capitalization (market cap) for OGE is calculated by multiplying the current share price by the total number of outstanding shares. It represents the market's total valuation of the company. Stocks are typically categorized as mega-cap ($200B+), large-cap ($10B-$200B), mid-cap ($2B-$10B), small-cap ($300M-$2B), or micro-cap (under $300M). Market cap influences index inclusion, institutional ownership eligibility, and risk profile. Our Key Statistics section shows OGE's current market cap alongside enterprise value and other valuation metrics.
How has OGE stock performed recently?
OGE's recent stock performance can be evaluated across multiple timeframes: daily price changes, week-over-week momentum, monthly trends, and year-to-date returns. Important performance indicators include the stock's 52-week high and low, moving averages (50-day and 200-day SMA), relative strength index (RSI), and volume trends. Comparing OGE's performance against its sector index and the S&P 500 provides context on whether it is outperforming or underperforming the broader market.
What are the risks of investing in OGE?
Key risk categories for OGE include: market risk (overall market downturns affecting stock prices), company-specific risk (management changes, product failures, competitive threats), financial risk (high debt levels, cash burn, dilution from stock issuance), regulatory risk (government policy changes, lawsuits, compliance issues), and macroeconomic risk (interest rate changes, inflation, currency fluctuations). Beta measures OGE's volatility relative to the market - a beta above 1.0 means higher volatility than the S&P 500. Our AI-generated risk assessment identifies the most relevant risk factors for this specific stock.
Are insiders buying or selling OGE?
Insider trading activity for OGE tracks purchases and sales by company executives, directors, and major shareholders (10%+ owners) as reported in SEC Form 4 filings. Insider buying is generally considered a bullish signal because insiders have the deepest knowledge of company operations, while selling may have various motivations (diversification, tax planning, pre-planned 10b5-1 trading plans). Key metrics include the buy-to-sell ratio, total dollar value of insider transactions, and whether multiple insiders are trading in the same direction. Our Insider Flow tab shows recent transactions with dates and dollar amounts.
Is OGE a good stock for beginners?
OGE Energy Corp. (OGE) can be suitable for beginner investors depending on several factors. Look at the MoonshotScore on this page for an overall AI-powered assessment of growth potential and risk. Beginners should also check the company's market cap (larger companies tend to be less volatile), gross margin (higher margins mean stronger business fundamentals), and cash position (healthy cash reduces bankruptcy risk). Always start with a small position size and never invest money you cannot afford to lose.
How risky is OGE for first-time investors?
Every stock carries risk, including OGE Energy Corp. (OGE). First-time investors should review the Risk Factors section on this page for company-specific risks. Key risk indicators include price volatility (check the chart for daily swings), insider selling activity (see Insider Flow tab), and cash runway (see MoonshotScore breakdown). A diversified portfolio with an index fund like the S&P 500 as a core holding is generally recommended before adding individual stocks like OGE.
Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.
Data provided for informational purposes only.
- Financial data is based on the most recent available information.
- Future performance is subject to market conditions and regulatory changes.