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 target price High/Low ranges between $46.00 and $35.00 with the average share target price sitting at $40.73. (at the time of writing). Given that the stocks previous close was at $43.81 this is indicating there is a potential downside of -7.0%. The 50 day MA is $41.17 and the 200 day moving average is $37.21. The company has a market capitalization of 8.80B. The price for the stock stands currently at: $43.81 USD
The potential market cap would be $8,184,246,218 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 22.7, 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.
