# OGE Energy Corp.  Share Price Target ‘$34.86’, now -1.4% Downside Potential

- Link: https://www.directorstalkinterviews.com/oge-energy-corp.share-price-target-34.86-now-1.4-downside-potential/4121160296
- Published: 2024-06-14T13:00:03+01:00
- Author: Charlotte Edwards

**OGE Energy Corp.** which can be found using ticker (OGE) have now 7 analysts in
total covering the stock. The consensus rating is pointing to ‘hold’. The range 
between the high target price and low target price is between $37.00 and $32.00 
suggesting an average analyst share price target price of $34.86. (at the time of
writing). Given that the stocks previous close was at $35.34 this would imply there
is a potential downside of -1.4%. There is a 50 day moving average of $35.10 and
the 200 moving average now moves to $34.37. The market capitalization for the company
is 7.06B. The current share price for the company is: $35.19 USD

 The potential market cap would be $6,961,429,643 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 17.86, 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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