OGE Energy Corp. logo

OGE Energy Corp.

OGE

NYSEUtilitiesRegulated Electric

Latest quote

$45.62

−$1.11 · -2.38%

Aug 21, 3:55 PM ET

OGE company overview

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GoAI snapshot

AI-powered factor overview

Jul 10, 2026

GoAI score

Hold

Wait — insufficient conviction to act

Valuation

66

Undervalued

Momentum

49

Neutral

Sentiment

43

Mixed

Risk resilience

85

Low Risk

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Company profile

Company website

OGE Energy Corp., along with its various subsidiaries, operates as a comprehensive energy and utility provider. The company facilitates the physical delivery and associated services for electricity, natural gas, crude oil, and natural gas liquids across the United States. Its core operations encompass the generation, transmission, distribution, and sale of electrical power. OGE Energy serves approximately 879,000 retail electric customers within an expansive service area spanning about 30,000 square miles in Oklahoma and western Arkansas. The company also owns and manages a diverse portfolio of power generation facilities, utilizing coal, natural gas, wind, and solar sources. As of December 31, 2021, OGE Energy Corp. maintained substantial interconnected electrical infrastructure. This included 16 power generation stations with a combined output capability of 7,207 megawatts. Its transmission networks featured 54 substations and 5,122 structural miles of lines in Oklahoma, complemented by 7 substations and 277 structural miles of lines in Arkansas. The distribution systems were equally extensive: in Oklahoma, they comprised 350 substations, 29,494 structural miles of overhead lines, 3,365 miles of underground conduit, and 11,125 miles of underground conductors. In Arkansas, this infrastructure included 29 substations, 2,795 structural miles of overhead lines, 349 miles of underground conduit, and 662 miles of underground conductors. Established in 1902, OGE Energy Corp. is headquartered in Oklahoma City, Oklahoma.

Industry
Regulated Electric
Sector
Utilities
Headquarters
US
CEO
Robert Sean Trauschke
Listed since
Sep 27, 1950
Employees
2,248

Market position

Volume
878.27K
0.62× average
Average volume
1.42M
Average daily volume
Market cap
9.42B USD
Beta
0.52
Market reference 1

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
14.28B USD
P/E (TTM)
19.92×
P/B (TTM)
1.89×
P/S (TTM)
2.91×
EV / EBITDA
10.27×
Earnings yield
5.46%
Free cash flow yield
0.96%
Dividend yield
3.73%

Profitability & efficiency

Gross margin
53.61%
Operating margin
24.24%
Net margin
14.55%
Return on equity
9.46%
Return on assets
3.28%
Return on invested capital
4.95%

Financial health

Debt / equity
1.17×
Current ratio
0.78×

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends50%37%24%11%Gross margin, FY2021: 29.09%Gross margin, FY2022: 35.90%Gross margin, FY2023: 47.12%Gross margin, FY2024: 46.71%Gross margin, FY2025: 44.18%Operating margin, FY2021: 14.89%Operating margin, FY2022: 19.24%Operating margin, FY2023: 24.31%Operating margin, FY2024: 24.97%Operating margin, FY2025: 24.52%Net margin, FY2021: 20.18%Net margin, FY2022: 19.72%Net margin, FY2023: 15.59%Net margin, FY2024: 14.79%Net margin, FY2025: 14.44%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 29.09%. Gross margin FY2022 35.90%. Gross margin FY2023 47.12%. Gross margin FY2024 46.71%. Gross margin FY2025 44.18%. Operating margin FY2021 14.89%. Operating margin FY2022 19.24%. Operating margin FY2023 24.31%. Operating margin FY2024 24.97%. Operating margin FY2025 24.52%. Net margin FY2021 20.18%. Net margin FY2022 19.72%. Net margin FY2023 15.59%. Net margin FY2024 14.79%. Net margin FY2025 14.44%.

Income trends

Revenue

3.26B USD+9.21%

Operating income

799.4M USD+7.26%

Net income

470.7M USD+6.61%
Income trends across reported periods3.98B USD2.68B USD1.39B USD93.11M USDRevenue, FY2021: 3.65B USDRevenue, FY2022: 3.38B USDRevenue, FY2023: 2.67B USDRevenue, FY2024: 2.99B USDRevenue, FY2025: 3.26B USDOperating income, FY2021: 544.2M USDOperating income, FY2022: 649.5M USDOperating income, FY2023: 650.2M USDOperating income, FY2024: 745.3M USDOperating income, FY2025: 799.4M USDNet income, FY2021: 737.3M USDNet income, FY2022: 665.7M USDNet income, FY2023: 416.8M USDNet income, FY2024: 441.5M USDNet income, FY2025: 470.7M USDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 3.65B USD. Revenue FY2022 3.38B USD. Revenue FY2023 2.67B USD. Revenue FY2024 2.99B USD. Revenue FY2025 3.26B USD. Operating income FY2021 544.2M USD. Operating income FY2022 649.5M USD. Operating income FY2023 650.2M USD. Operating income FY2024 745.3M USD. Operating income FY2025 799.4M USD. Net income FY2021 737.3M USD. Net income FY2022 665.7M USD. Net income FY2023 416.8M USD. Net income FY2024 441.5M USD. Net income FY2025 470.7M USD.
Metric (USD)FY2025FY2024FY2023FY2022FY2021
Revenue3.26B USD2.99B USD2.67B USD3.38B USD3.65B USD
Cost of goods sold1.82B USD1.59B USD1.41B USD2.16B USD2.59B USD
Gross profit1.44B USD1.39B USD1.26B USD1.21B USD1.06B USD
Operating expenses641M USD649.2M USD609.8M USD562.4M USD518.8M USD
Interest expense270.3M USD254.5M USD228.5M USD166.3M USD161.8M USD
Depreciation and amortization559.8M USD539.5M USD506.6M USD460.9M USD416M USD
Operating income799.4M USD745.3M USD650.2M USD649.5M USD544.2M USD
Net income470.7M USD441.5M USD416.8M USD665.7M USD737.3M USD

Company facts updated Aug 24, 2026.

Earnings

EPS beat rate
55%
6 beats, 4 misses, 1 met estimate
Average EPS surprise
+5.84%
11 comparable reports
Latest EPS result
0.56
Estimate 0.55 · Beat by 1.08%

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly EPS actual values compared with estimates1.280.910.550.19Q1 '25BeatQ2 '25BeatQ3 '25MissQ4 '25MissQ1 '26BeatQ2 '26MetQ3 '26BeatQ4 '26Estimate
Q1 2025, reported Feb 18, 2025: actual 0.51, estimate 0.47, surprise +8.51%, Beat. Q2 2025, reported Apr 30, 2025: actual 0.31, estimate 0.22, surprise +40.91%, Beat. Q3 2025, reported Jul 29, 2025: actual 0.53, estimate 0.55, surprise -3.64%, Miss. Q4 2025, reported Oct 29, 2025: actual 1.14, estimate 1.16, surprise -1.72%, Miss. Q1 2026, reported Feb 18, 2026: actual 0.33, estimate 0.3, surprise +10.00%, Beat. Q2 2026, reported Apr 29, 2026: actual 0.24, estimate 0.24, surprise 0.00%, Met estimate. Q3 2026, reported Jul 29, 2026: actual 0.56, estimate 0.554, surprise +1.08%, Beat. Q4 2026, reported Oct 28, 2026: actual —, estimate 1.2, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates1.15B843.94M540.04M236.13MQ1 '25BeatQ2 '25MissQ3 '25MissQ4 '25BeatQ1 '26BeatQ2 '26BeatQ3 '26MissQ4 '26Estimate
Q1 2025, reported Feb 18, 2025: actual 760.5M USD, estimate 690.73M USD, surprise +10.10%, Beat. Q2 2025, reported Apr 30, 2025: actual 747.7M USD, estimate 785M USD, surprise -4.75%, Miss. Q3 2025, reported Jul 29, 2025: actual 741.6M USD, estimate 1.04B USD, surprise -28.40%, Miss. Q4 2025, reported Oct 29, 2025: actual 1.05B USD, estimate 277.8M USD, surprise +276.16%, Beat. Q1 2026, reported Feb 18, 2026: actual 725.8M USD, estimate 570.64M USD, surprise +27.19%, Beat. Q2 2026, reported Apr 29, 2026: actual 752.6M USD, estimate 616.02M USD, surprise +22.17%, Beat. Q3 2026, reported Jul 29, 2026: actual 711.9M USD, estimate 782.73M USD, surprise -9.05%, Miss. Q4 2026, reported Oct 28, 2026: actual —, estimate 1.08B USD, surprise —, Comparison unavailable.

Analyst ratings

Third-party consensus; not a GoAI recommendation.

Analyst price target

Average target

$49.25

7.96% upside
Past 12 months12-month forecastHigh $52.00Average $49.25Low $47.00

Rating distribution

22 ratings
Strong buy00%
Buy732%
Hold1568%
Sell00%
Strong sell00%

Recent analyst actions

10 institutions
Morgan StanleymaintainEqual Weight
BMO CapitalmaintainMarket Perform
JefferiesmaintainBuy

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