# OGE Energy Corp.  Share Price Target ‘$35.50’, now -.7% Downside Potential

- Link: https://www.directorstalkinterviews.com/oge-energy-corp.share-price-target-35.50-now.7-downside-potential/4121164615
- Published: 2024-07-12T13:36:33+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 share price we 
have $35.50. (at the time of writing). Given that the stocks previous close was 
at $35.74 this is indicating there is a potential downside of -.7%. The day 50 moving
average is $35.75 and the 200 moving average now moves to $34.43. The market capitalization
for the company is 7.34B. The stock price is currently at: $36.61 USD

 The potential market cap would be $7,292,759,430 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 18.58, 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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