OGE Energy Corp. which can be found using ticker (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 suggesting an average analyst share price target price of $40.73. (at the time of writing). Given that the stocks previous close was at $42.95 this now indicates there is a potential downside of -5.2%. It’s also worth noting that there is a 50 day moving average of $40.78 and the 200 moving average now moves to $36.90. The company has a market capitalization of 8.40B. The price for the stock stands currently at: $41.80 USD
The potential market cap would be $7,965,110,348 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 21.66, 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.
