Stock Analysis
OGE Energy Corp.OGE
P/E 21.03×· 5Y range 11.97–39.45×· 69th percentile of history
Sector: Utilities · Industry: Electric Services
AnalystsHold17 analystsP/E 21.0× sits at the 69th percentile of its 5.0513347022587265-year history.
Cash covers 0% of debt · Q2 2026.
PMP Verdict
Mixed fundamentals, fairly valued
Strengths
- Quality75
Risks
- Financial Health24
- Growth44
Mixed picture — no clear quality or value edge.
What's happening with OGE
Profile
Strong earnings quality; financial health, moat, valuation and growth lag behind.
How is each axis scored?
- Valuation42/100 · Weak
- P/E vs own history (69th pct)5/25
- FCF yield (2.8%)5/25
- P/S (3.0x)20/25
- EV/EBIT (20.0x)12/25
- Growth44/100 · Weak
- Revenue CAGR (-2.8%)0/25
- Net income CAGR (6.9%)12/25
- EPS CAGR 5Y (6.6%)12/25
- Fwd implied growth (18.9%)20/25
- Profitability57/100 · Moderate
- ROIC (5.7%)5/25
- ROE (9.4%)12/25
- Net margin (14.4%)20/25
- Operating margin (24.2%)20/25
- Financial Health24/100 · Weak
- Altman Z (1.11)3/25
- Current ratio (0.77)6/25
- Interest coverage (2.4x)10/25
- Net cash / debt (D/A 40%)5/25
- Quality75/100 · Strong
- Piotroski F (6/9)15/25
- Beneish M (-2.68)25/25
- FCF conversion (59%)15/25
- Margin stability (σ 5.8%)20/25
- Moat30/100 · Weak
- ROIC >12% years (0/9 yrs)0/25
- Median gross margin (61.0%)25/25
- FCF-positive years (5/10 yrs)5/25
- Worst-year net margin (worst -8.2%)0/25
Risk Flags
- ⚠Altman Z 1.1 — distress-zone balance sheet
- ⚠Interest coverage 2.4× — thin debt cushion
- ⚠Revenue shrinking 2.8%/yr
About OGE Energy Corp.
OGE Energy is a holding company for Oklahoma Gas & Electric, a regulated utility with electricity generation, transmission, and distribution service for 900,000 customers in Oklahoma and western Arkansas. Show more
In December 2021, OGE divested its 25.5% stake in Enable Midstream Partners, an oil and gas services company it created in 2013 through a unit exchange merger with Energy Transfer. OGE sold its 95.4 million limited partner units of Energy Transfer throughout 2022. OGE sold its retail gas business in 1928 and no longer has any gas operations.
Headquarters: OKLAHOMA CITY, OK · Employees: 2,248 · Website ↗
Price History
Weekly Candlestick Chart — up to 5Y
Key Metrics
Financial snapshot · Tap any metric for its definition and grade
TTM Snapshot
trailing twelve months · YoYValuation
42D+P/E (TTM)21.0xB
Grade B: FairPrice / TTM EPS (own statements) — vs own 5Y history: 12.0x–39.5x · 69th pct
P/FCF26.7xB
Grade B: FairPrice / Free Cash Flow per share (Finnhub). Inverse of FCF yield — negative when FCF is negative · Heavy investment cycle — CapEx = 79% of operating cash flow, significantly depressing reported FCF
FCF Yield2.8%C
Grade C: LowTTM (OCF − CapEx) / Market Cap — vs own 5Y history: -16.5%–3.0% · 96th pct · Heavy investment cycle — CapEx = 79% of operating cash flow, significantly depressing reported FCF
P/S (TTM)3.04xB
Grade B: FairPrice / TTM Revenue (own statements) — vs own 5Y history: 1.8x–3.3x · 91st pct
EV/EBIT20.0xC
Grade C: ExpensiveEnterprise value / TTM EBIT (D&A not in our data) — capital-structure neutral — vs own 5Y history: 15.4x–24.0x · 71st pct
EV/Sales4.8xB
Grade B: FairEnterprise Value / TTM Revenue (Finnhub) — capital-structure neutral sales multiple
Forward P/E17.7xB
Grade B: FairPrice / next-year EPS estimate — shows whether the TTM multiple is rich or just front-loading growth
P/B Ratio1.97xA
Grade A: FairPrice to Book Value. Neg. equity = heavy buybacks
PEG Ratio3.21D
Grade D: ExpensiveFinnhub PEG — their P/E basis ÷ expected EPS growth. Suppressed when their P/E diverges >2× from our TTM P/E (different basis)
Dividend Yield3.56%A
Grade A: PaysTTM dividend yield (Finnhub) — annual dividends / price. None = no dividend; very high yield can signal distress
Payout Ratio74.3%C
Grade C: HighDividends / Net Income (Finnhub) — share of earnings paid out; >90% or negative = unsustainable
Heavy investment: Heavy investment cycle — CapEx = 79% of operating cash flow, significantly depressing reported FCF
Profitability
57CROIC5.7%D
Grade D: LowNOPAT (EBIT less ~21% tax) / invested capital (equity + debt − cash). Flagship quality metric — durable >15% signals a moat
ROE9.4%D
Grade D: WeakReturn on Equity. Neg. equity = heavy buybacks
ROA3.2%D
Grade D: WeakReturn on Assets (Finnhub) — Net Income / Total Assets; how efficiently assets produce profit
Net Margin14.4%A
Grade A: HighNet Income / Revenue
Operating Margin24.2%C
Grade C: AverageTTM EBIT / TTM Revenue
Gross Margin62.0%A
Grade A: PremiumGross Profit / Revenue
FCF Margin8.5%C
Grade C: AverageFCF / Revenue · Heavy investment cycle — CapEx = 79% of operating cash flow, significantly depressing reported FCF
True FCF Margin8.0%C
Grade C: AverageTTM (OCF − CapEx − SBC) / TTM Revenue — SBC treated as a real cost · Heavy investment cycle — CapEx = 79% of operating cash flow, significantly depressing reported FCF
Growth
44D+Revenue CAGR-2.8%D
Grade D: LowCompound annual revenue growth (up to 5Y depending on data availability)
Net Income CAGR6.9%C
Grade C: OkCompound annual net income growth (up to 5Y depending on data availability)
EPS CAGR (5Y)6.6%C
Grade C: OkCompound annual EPS growth over up to 5Y of per-share earnings (own statements). Null when either endpoint EPS ≤ 0
Implied EPS Growth18.9%C
Grade C: MedAnalyst forward EPS (normalized basis) vs our GAAP TTM EPS — different bases, so extreme values usually mark cyclically depressed TTM earnings, not real growth
Dilution (5Y)+3.2%C
Grade C: DilutiveShare count change over 5Y
SBC / Net Income3.2%A
Grade A: LowStock-based comp/Net income. >30% = dilution risk
SBC / Revenue0.5%A
Grade A: LowTTM stock-based comp / TTM Revenue
Financial Health
24EAltman Z-Score1.11D
Grade D: DistressBankruptcy risk. >3 Safe, <1.8 Distress
Current Ratio0.77xD
Grade D: LowCurrent Assets/Liabilities
Quick Ratio0.47xD
Grade D: Low(Current Assets − Inventory) / Current Liabilities (Finnhub) — stricter liquidity test, excludes inventory
Interest Coverage2.4xD
Grade D: RiskyEBIT/Interest. >10 Strong
Debt Repayment21.3yD
Grade D: SlowYears to repay net debt via FCF · Heavy investment cycle — CapEx = 79% of operating cash flow, significantly depressing reported FCF
Net Debt/EBIT7.5xD
Grade D: HighLeverage. <2x Low, >4x High
Debt/Equity1.17xC
Grade C: MedDebt / Equity: <1 Conservative, >2 Risky. Not meaningful with non-positive equity; shown as unavailable rather than low debt.
Cash / Debt0.00xD
Grade D: ThinCash covers how much of total debt. >1 = could repay all debt from cash
Quality
75B+Piotroski F-Score6/9C
Grade C: AverageFinancial strength 0–9. >7 Strong
Beneish M-Score-2.68A
Grade A: SafeEarnings manipulation risk. < -2.22 Safe
FCF Conversion58.7%C
Grade C: AverageFCF / Net Income · Heavy investment cycle — CapEx = 79% of operating cash flow, significantly depressing reported FCF
Margin Stability5.8%A
Grade A: StableEBIT margin std deviation. Lower = stable
Capex / Revenue31.5%D
Grade D: HeavyTTM CapEx / TTM Revenue — high % = capital-hungry business
Asset Turnover0.22xD
Grade D: LowRevenue / Total Assets (Finnhub) — how efficiently the asset base generates sales
Insider Transactions
SEC Form 4 · 8 recordsP/S codes are the directional signal; grants, option exercises and tax withholding carry none. Form 4 doesn't flag 10b5-1 plans — scheduled sales may appear within open-market sells.
| Trade date | Insider | Transaction | Shares | Filed |
|---|---|---|---|---|
Jones Donnie O. Filed | Jones Donnie O. | SellOpen market sale | -6508 | |
RAINBOLT DAVID E Filed | RAINBOLT DAVID E | Grant / award | +315 | |
SULTEMEIER WILLIAM H Filed | SULTEMEIER WILLIAM H | SellOpen market sale | -7345 | |
RAINBOLT DAVID E Filed | RAINBOLT DAVID E | Grant / award | +319 | |
Stafford Sarah R. Filed | Stafford Sarah R. | SellOpen market sale | -6130 |
Show 3 more filingsShow fewer filings
| Trade date | Insider | Transaction | Shares | Filed |
|---|---|---|---|---|
Ganske Lyle G. Filed | Ganske Lyle G. | BuyOpen market buy | +10.4K | |
PARKER DAVID A Filed | PARKER DAVID A | Grant / award | +2.9K | |
PARKER DAVID A Filed | PARKER DAVID A | Tax withholding | -2012 |
More metrics — Moat, Per Share, Balance Sheet, MarketHide additional metrics
Moat
30DROIC >12% Years0/9 yrsD
Grade D: WeakShare of completed fiscal years with ROIC > 12% — measures multi-year capital-return durability
Gross Margin (Med.)61.0%A
Grade A: DurableMedian annual gross margin across available fiscal years — pricing-power durability
FCF-Positive Years5/10 yrsD
Grade D: WeakShare of completed fiscal years with positive free cash flow
Net Margin Floor-8.2%D
Grade D: WeakWeakest annual net margin across completed fiscal years — recession/downcycle resilience
Per Share
EPS (TTM)$2.26
Own TTM net income / shares — same earnings basis as P/E
Cash / Share$0.00
Cash & short-term investments per share (Finnhub)
Book Value / Share$24.11
Shareholders' equity per share (Finnhub). Negative = accumulated losses / heavy buybacks
Balance Sheet
Total Debt$5.84B
Total debt obligations (short + long term)
Cash & Equiv.$900000
Cash and short-term investments
Net Debt$5.84B
Total Debt minus Cash. Negative = Net Cash position
Total Equity$4.98B
Shareholders' equity (book value)
Asset / Liability1.52xC
Grade C: AdequateTotal Assets / Total Liabilities
Market
Market Cap$9.82B
Current Market Capitalization
Beta0.50B
Grade B: DefensivePrice sensitivity vs the market (Finnhub) — 1.0 moves with market, >1.2 amplifies swings
How grades work: each metric is graded A–D against fixed thresholds (tap a row for the meaning). Card grades map the pillar score to A+–E — a card grade is that pillar's own score, not an average of the rows shown.
Financials as of Jun 2026 · Ratio snapshot Oct 17, 2026
Key Insights: OGE Energy Corp. (OGE)
OGE is up 1.02% at the last close. Piotroski F-Score of 6/9 indicates mixed fundamentals for OGE Energy Corp.. Altman Z-Score of 1.11 is below the 1.81 distress threshold — an elevated financial-risk flag. Beneish M-Score of -2.68 suggests a low likelihood of earnings manipulation.
- Revenue has been contracting (CAGR ≈ -3%), which weighs on the growth outlook.
- Takes ~21.3 years to repay net debt from free cash flow.
- OGE Energy Corp. posted a net loss in 1 of 10 available completed fiscal years (2016–2025).
- The stock currently yields 3.6% in dividends.
See how OGE ranks on the Capex Tracker — top 50 capital spenders compared.
Recent Market Moves
See all OGE moves →| Date | Session | Price | Move | Z-Score |
|---|---|---|---|---|
| Oct 6 | Regular | 45.63 | +1.46% | 2.02 |
| Oct 6 | After-hours | 45.84 | +1.93% | 2.57 |
| Sep 29 | Regular | 45.44 | +1.70% | 2.05 |
Frequently Asked Questions about OGE
What is the current OGE Energy Corp. (OGE) stock price?
OGE is trading at $47.53 at the last market close, up 1.02% on the session. PreMarketPrice tracks OGE pre-market, intraday and after-hours prices.
Is OGE stock a buy right now?
PreMarketPrice's quantitative model rates OGE Energy Corp.'s financial health at 24/100. This is a data-driven snapshot of fundamentals, not investment advice.
Is OGE stock overvalued?
OGE Energy Corp. trades at a trailing P/E of 21.0 and our valuation score rates it 42/100 (higher = cheaper vs. its own history). See the Valuation History and Key Metrics sections for forward P/E, EV/EBITDA and PEG context.
When does OGE Energy Corp. report earnings?
No confirmed earnings date is currently scheduled for OGE. The Earnings section lists recent reports and updates as dates are announced.
What sector does OGE Energy Corp. operate in?
OGE Energy Corp. operates in the Utilities sector, within the Electric Services industry. The Related Stocks section lists sector peers for comparison.
What does OGE Energy Corp. do?
OGE Energy is a holding company for Oklahoma Gas & Electric, a regulated utility with electricity generation, transmission, and distribution service for 900,000 customers in Oklahoma and western Arkansas.
About OGE Energy Corp. (OGE) Stock
OGE Energy Corp. (OGE) is a US-listed stock operating in the Utilities sector, specifically the Electric Services industry. As of the latest update, OGE Energy Corp. is trading at $47.53, up 1.02% on the day with a market capitalization of $9.8 billion. The financial health score for OGE is 24/100, which indicates poor financial strength based on profitability, leverage, liquidity, and growth metrics. This page provides real-time pre-market pricing, earnings calendar, financial health analysis, and valuation metrics for OGE stock.
OGE Stock Analysis & Key Metrics
On PreMarketPrice, you can track OGE Energy Corp. (OGE) across multiple dimensions:
- Pre-market price & movement: Real-time OGE stock price with percentage change, updated continuously during pre-market and regular trading hours.
- Valuation & P/E history: Historical P/E, P/S, and P/B ratios for OGE with trend analysis and normalized valuation multiples.
- Financial statements: Revenue, net income, assets, liabilities, and equity for OGE Energy Corp. across multiple reporting periods.
- Financial health score: A composite score of 24/100 based on Altman Z-Score, Piotroski F-Score, profitability, and leverage metrics for OGE.
- Sector peers: Compare OGE against 6 other utilities stocks on key financial metrics.
Is OGE a Good Stock to Buy?
This page provides data-driven analysis to help you evaluate OGE Energy Corp. (OGE) as an investment. The financial health score of 24/100 suggests poor financial fundamentals. Valuation metrics show whether the stock is trading above or below its historical average.However, this is not financial advice — always do your own research before investing.
Data on this page is sourced from real-time market feeds, Polygon.io, and Finnhub.OGE Energy Corp. (OGE) trades on NYSE/NASDAQ. Pre-market trading occurs 4:00 AM – 9:30 AM ET. Regular market hours are 9:30 AM – 4:00 PM ET.