OGE Energy Corp. with ticker code (OGE) now have 8 confirmed analysts covering the stock with the consensus suggesting a rating of ‘hold’. The range between the high target price and low target price is between $37.00 and $32.50 calculating the average target share price we see $34.69. (at the time of writing). Given that the stocks previous close was at $32.44 this indicates there is a potential upside of 6.9%. Also worth taking note is the 50 day moving average now sits at $34.27 while the 200 day moving average is $34.93. The company has a market cap of 6.59B. The stock price for the company is currently $32.92 USD
The potential market cap would be $7,050,761,680 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 15.83, 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.
