OGE Energy Corp. with ticker code (OGE) now have 8 market analysts covering the stock. The analyst consensus now points to a rating of ‘hold’. The target price High/Low ranges between $37.00 and $33.00 suggesting an average Analsyt target price of $34.88. Given that the stocks previous close was at $32.31 this would indicate that there is a potential upside of 8.0%. It’s also worth noting that there is a 50 day moving average of $34.80 and the 200 moving average now moves to $35.27. The total market capitalization for the company now stands at 6.60B. The stock price for the company is currently $32.96 USD
The potential market cap would be $7,126,552,608 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 15.85, revenue per share of $14.08 and a 3.2% 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.
