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, Oklahoma.
Utility Powerhouse | OGE Energy Corp, a key player in Power & Utilities, showcases strong performance and positive industry outlook, attracting investor attention |
Financial Strength | OGE reaffirms FY24 guidance, leaning towards upper range. Analysts project EPS of $2.15 for FY1 and $2.30 for FY2, reflecting growing confidence |
Market Dynamics | Explore OGE's position in a thriving sector, with projected load growth of +100 basis points for 2024 signaling increased demand for services |
Valuation Insights | Delve into OGE's premium valuation compared to small-cap peers, with Barclays Capital setting a $39.00 price target, reflecting market expectations |
Metrics to compare | OGE | Sector Sector - Average of metrics from a broad group of related Utilities sector companies | Relationship RelationshipOGEPeersSector | |
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P/E Ratio | 22.2x | 20.3x | 11.7x | |
PEG Ratio | −3.02 | −0.35 | 0.02 | |
Price/Book | 1.9x | 1.8x | 1.3x | |
Price / LTM Sales | 3.1x | 2.0x | 1.6x | |
Upside (Analyst Target) | −4.4% | 10.5% | 15.5% | |
Fair Value Upside | Unlock | −20.9% | 1.1% | Unlock |