OGE Energy (OGE) AI Stock Analysis

• Market Cap: $8.76B
• Dividend Yield: 3.82%
• Average Volume (3M): 1.38M
• Price to Earnings (P/E): 17.1
• Beta (1Y): 0.26
• Revenue Growth: 18.03%
• EPS Growth: 29.46%
• Country: US
• Employees: 2,291
• Sector: Utilities
• Sector Strength: 65
• Industry: Regulated Electric
• EPS (TTM): 1.14
• Shares Outstanding: 205,471,570
• 10 Day Avg. Volume: 1,321,802
• 30 Day Avg. Volume: 1,379,692
• PEG Ratio: 3.25
• Price to Book (P/B): 1.78
• Price to Sales (P/S): 2.77
• P/FCF Ratio: -29.78
• Enterprise Value/Market Cap: 1.73
• Enterprise Value/Revenue: 4.61
• Enterprise Value/Gross Profit: 9.19
• Enterprise Value/Ebitda: 11.12
• 1Y Price Target: $49.50
• Price Target Upside: 14.98% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 7
• EPS Forecast (FY): 2.29
• Revenue Forecast (FY): $3.15B

• Rating: 67 Neutral
• Price Target: $48.00 ▲(11.50% Upside)

OGE Energy's overall stock score is driven by strong earnings call results and solid financial performance, despite technical indicators showing bearish momentum. The company's valuation is attractive, but challenges in cash flow generation and technical weakness weigh on the score.

Positive Factors

Revenue Growth

Consistent revenue growth indicates a stable demand for OGE's services, supporting long-term financial health and market position.

Regulatory Developments

Regulatory support for new generation capacity enhances OGE's growth prospects and strengthens its competitive position in the energy market.

Operational Efficiency

Improved gross margins reflect effective cost management, which can lead to sustainable profitability and competitive advantage.

Negative Factors

Free Cash Flow Challenges

Negative free cash flow growth can limit OGE's ability to invest in new projects and reduce financial flexibility, impacting long-term growth.

Holding Company Losses

Losses at the holding company level can strain overall profitability and may require strategic adjustments to improve financial performance.

Higher Operating Expenses

Rising operating expenses can erode profit margins, necessitating cost control measures to maintain financial health and competitiveness.

OGE Energy Business Overview & Revenue Model

Company Description

OGE Energy Corp. is a diversified energy company based in Oklahoma, primarily engaged in the generation, transmission, and distribution of electric energy. It operates through its subsidiary, Oklahoma Gas and Electric Company (OG&E), which provides electric services to more than 900,000 customers across Oklahoma and Arkansas. The company also has interests in natural gas exploration and production, as well as renewable energy projects, thus contributing to its commitment to sustainable energy solutions.

How the Company Makes Money

OGE Energy generates revenue primarily through the sale of electricity to residential, commercial, and industrial customers. The company operates under regulated utility rates, which allows it to earn a return on its investments in infrastructure and energy generation. Key revenue streams include retail sales of electricity, transmission and distribution services, and natural gas sales. OGE also invests in renewable energy projects, which can provide additional revenue through federal incentives and renewable energy credits. Partnerships with government entities and participation in regional energy markets further enhance its earnings potential, while cost management and operational efficiency efforts help to maintain profitability.

OGE Energy Financial Statement Overview

Summary

OGE Energy shows solid revenue growth and operational efficiency with strong gross and EBIT margins. The balance sheet reflects moderate leverage with a stable equity position. However, challenges in free cash flow generation persist, which could impact future financial flexibility.

Income Statement

OGE Energy shows a consistent revenue growth with a TTM growth rate of 2.48%. The gross profit margin has improved significantly to 57.57% in TTM, indicating strong cost management. However, the net profit margin is relatively stable at 15.28%, suggesting room for improvement in profitability. The EBIT and EBITDA margins are healthy, reflecting efficient operations.

Balance Sheet

The company's debt-to-equity ratio is 1.22, indicating a moderate level of leverage, which is typical for the industry. Return on equity has improved to 10.77% in TTM, showing effective use of equity. The equity ratio is stable, suggesting a balanced capital structure.

Cash Flow

The free cash flow growth rate is negative, indicating challenges in generating free cash flow. However, the operating cash flow to net income ratio is 0.71, showing that the company is generating sufficient cash from operations relative to its net income. The free cash flow to net income ratio is 0.66, suggesting some reliance on external financing.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	3.29B	2.99B	2.67B	3.38B	3.65B	2.12B
Gross Profit	1.65B	1.39B	1.26B	1.21B	1.06B	1.01B
EBITDA	1.37B	1.31B	1.20B	1.42B	1.46B	250.60M
Net Income	503.40M	441.50M	416.80M	665.70M	737.30M	-173.70M
Balance Sheet
Total Assets	14.26B	13.72B	12.79B	12.54B	12.61B	10.72B
Cash, Cash Equivalents and Short-Term Investments	300.00K	600.00K	200.00K	88.10M	0.00	1.10M
Total Debt	5.83B	5.52B	4.84B	4.55B	4.98B	3.59B
Total Liabilities	9.46B	9.08B	8.28B	8.13B	8.55B	7.09B
Stockholders Equity	4.80B	4.64B	4.51B	4.41B	4.06B	3.63B
Cash Flow
Free Cash Flow	585.30M	-278.10M	54.10M	-98.50M	-1.01B	62.30M
Operating Cash Flow	881.90M	812.80M	1.23B	952.40M	-229.90M	712.80M
Investing Cash Flow	-1.12B	-1.16B	-1.27B	-96.40M	-832.50M	-654.90M
Financing Cash Flow	225.20M	348.80M	-48.10M	-767.90M	1.06B	-56.80M

OGE Energy Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 43.05
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For OGE, the sentiment is Negative. The current price of 43.05 is below the 20-day moving average (MA) of 44.09, below the 50-day MA of 44.95, and below the 200-day MA of 44.17, indicating a bearish trend. The MACD of -0.55 indicates Positive momentum. The RSI at 38.12 is Neutral, neither overbought nor oversold. The STOCH value of 9.31 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for OGE.

OGE Energy Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
LNT	70 Outperform	$16.69B	20.43	11.46%	3.11%	7.76%	23.48%
POR	70 Outperform	$5.38B	17.35	7.99%	4.26%	7.53%	-17.59%
OGE	67 Neutral	$8.76B	17.09	10.69%	3.82%	18.03%	29.46%
Sector *	66 Neutral	$17.65B	18.10	5.60%	3.62%	6.62%	11.55%
PNW	65 Neutral	$10.38B	17.81	8.62%	4.15%	5.70%	-8.25%
IDA	64 Neutral	$6.80B	21.61	9.41%	2.75%	-1.58%	8.49%
EVRG	62 Neutral	$16.89B	20.14	8.36%	3.66%	0.11%	-0.52%

OGE Energy Corporate Events

OGE Energy Announces Public Offering to Fund Capital Plan

On November 20, 2025, OGE Energy Corp. announced the pricing of its public offering of 8,023,256 shares of common stock, with an additional 1,203,488 shares purchased by underwriters the following day. The proceeds from this offering are intended to finance the company’s updated $7.285 billion five-year capital plan through 2030. The company also entered into forward sale agreements to manage the issuance of shares, which could impact earnings per share depending on market conditions and settlement choices. This strategic financial maneuver aims to support OGE Energy’s growth and operational goals, although it may lead to dilution of earnings per share if certain settlement options are chosen.