# OGE Energy Corp. – Consensus ‘hold’ rating and -5.0% Downside Potential

- Link: https://www.directorstalkinterviews.com/oge-energy-corp.consensus-hold-rating-and-5.0-downside-potential/4121166093
- Published: 2024-07-26T13:10:39+01:00
- Author: Charlotte Edwards

**OGE Energy Corp.** with ticker code (OGE) now have 8 confirmed analysts covering
the stock with the consensus suggesting a rating of ‘hold’. The target price High/
Low ranges between $37.01 and $34.00 calculating the mean target price we have $
35.88. Given that the stocks previous close was at $37.75 this would indicate that
there is a downside of -5.0%. The 50 day moving average now sits at $36.04 and the
200 day MA is $34.64. The company has a market capitalization of 7.63B. The stock
price for the company is currently $38.05 USD

 The potential market cap would be $7,252,845,999 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 19.31, revenue per share of $13.55
and a 3.18% 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.

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