OGE Energy Corp. with ticker code (OGE) have now 11 market analysts covering the stock. The analyst consensus now points to a rating of ‘hold’. The range between the high target price and low target price is between $46.00 and $35.00 calculating the mean target price we have $40.73. Now with the previous closing price of $42.79 this now indicates there is a potential downside of -4.8%. There is a 50 day moving average of $40.91 and the 200 day MA is $36.99. The company has a market cap of 8.65B. The price for the stock stands currently at: $43.07 USD
The potential market cap would be $8,237,800,846 based on the market consensus.
The company is not paying dividends at this time.
Other points of data to note are a P/E ratio of 22.32, revenue per share of $13.92 and a 3.17% return on assets.
OGE Energy Corp. is a holding company with investments in energy and energy services providers, which offers physical delivery and related services for electricity in Oklahoma and western Arkansas. The Company also holds investments in Enable and Energy Transfer, which offers natural gas, crude oil and NGL services. It operates through two segments: electric company operations and natural gas midstream operations. Electric company operations segment operates through its subsidiary OG&E, which generates, transmits, distributes and sells electric energy in Oklahoma and western Arkansas. OG&E franchised service territory includes Fort Smith, Arkansas and the surrounding communities. Natural gas midstream operations segment included its investment in Energy Transfer’s equity securities acquired in the Enable/Energy Transfer merger. The segment also includes legacy Enable seconded employee pension and postretirement costs.
