-1.15%
2.28%
6.48%
6.16%
26.82%
10.84%
-8.06%

Company Description

OGE Energy Corp., together with its subsidiaries, operates as an energy and energy services provider that offers physical delivery and related services for electricity, natural gas, crude oil, and natural gas liquids in the United States.The company generates, transmits, distributes, and sells electric energy.It provides retail electric service to approximately 879,000 customers, which covers a service area of approximately 30,000 square miles in Oklahoma and western Arkansas; and owns and operates coal-fired, natural gas-fired, wind-powered, and solar-powered generating assets.


As of December 31, 2021, the company owned and operated interconnected electric generation, transmission, and distribution systems, including 16 generating stations with an aggregate capability of 7,207 megawatts; and transmission systems comprising 54 substations and 5,122 structure miles of lines in Oklahoma, and 7 substations and 277 structure miles of lines in Arkansas.Its distribution systems included 350 substations; 29,494 structure miles of overhead lines; 3,365 miles of underground conduit; and 11,125 miles of underground conductors in Oklahoma, as well as 29 substations, 2,795 structure miles of overhead lines, 349 miles of underground conduit, and 662 miles of underground conductors in Arkansas.The company was founded in 1902 and is based in Oklahoma City, Oklahoma.

Market Data

Last Price 42.23
Change Percentage -1.15%
Open 42.56
Previous Close 42.72
Market Cap ( Millions) 8486
Volume 1272005
Year High 44.41
Year Low 32.06
M A 50 42.12
M A 200 39.12

Financial Ratios

FCF Yield -0.31%
Dividend Yield 3.98%
ROE 8.59%
Debt / Equity 114.11%
Net Debt / EBIDTA 431.91%
Price To Book 1.84
Price Earnings Ratio 21.88
Price To FCF -322.66
Price To sales 3.04
EV / EBITDA 11.29

Business Breakdown

Expected Mid-Term Growth

Segment nΒ°1 -> Electric Company

Expected Growth : 4.0 %

What the company do ?

The Electric Company, a subsidiary of OGE Energy Corp., provides electricity and energy services to customers in Oklahoma and Arkansas.

Why we expect these perspectives ?

OGE Energy Corp.'s Electric Company segment growth is driven by increasing demand for electricity in Oklahoma, fueled by population growth and economic expansion. Additionally, investments in grid modernization and renewable energy sources, such as wind power, contribute to the segment's growth. Furthermore, the company's focus on operational efficiency and cost management also supports its 4.0% growth rate.

Oge Energy Corp. Products

Product Range What is it ?
Electricity Distribution OGE Energy Corp. distributes electricity to residential, commercial, and industrial customers through its regulated public utility, Oklahoma Gas and Electric Company (OG&E).
Electric Transmission OGE Energy Corp. owns and operates a high-voltage electric transmission system, providing transmission services to other utilities, generators, and load-serving entities.
Energy Trading and Marketing OGE Energy Corp. engages in energy trading and marketing activities, providing risk management and optimization services to customers.
Renewable Energy Solutions OGE Energy Corp. offers renewable energy solutions, including wind and solar power, to customers seeking sustainable energy options.

OGE Energy Corp.'s Porter Forces

The threat of substitutes for OGE Energy Corp. is medium due to the availability of alternative energy sources such as solar and wind power. However, the high cost of switching to these alternatives and the lack of infrastructure in some areas reduce the threat.

The bargaining power of customers is low due to the lack of alternative energy providers in the region and the high cost of switching to alternative energy sources.

The bargaining power of suppliers is medium due to the presence of multiple suppliers of fuel and equipment, but the high cost of switching to alternative suppliers reduces the bargaining power.

The threat of new entrants is low due to the high barriers to entry in the energy industry, including the need for significant capital investment and regulatory approvals.

The intensity of rivalry is high due to the presence of multiple energy providers in the region, leading to intense competition for customers.

Capital Structure

Value
Debt Weight 51.75%
Debt Cost 5.36%
Equity Weight 48.25%
Equity Cost 7.45%
WACC 6.37%
Leverage 107.27%

Historical Valuation

Price/Earnings Ratio

Margin Valuation

Peers Valuation

Competitors

Company Rational
AGR Avangrid, Inc., an energy services holding company, engages in the regulated energy transmission and distribution, and renewable energy generation businesses in the United States. The company operates through Networks and …
POR Portland General Electric Company, an integrated electric utility company, engages in the generation, wholesale purchase, transmission, distribution, and retail sale of electricity in the state of Oregon. It operates six …
PNW Pinnacle West Capital Corporation, through its subsidiary, Arizona Public Service Company, provides retail and wholesale electric services primarily in the state of Arizona. The company engages in the generation, transmission, …
FE FirstEnergy Corp., through its subsidiaries, generates, transmits, and distributes electricity in the United States. It operates through Regulated Distribution and Regulated Transmission segments. The company owns and operates coal-fired, nuclear, …
EVRG Evergy, Inc., together with its subsidiaries, engages in the generation, transmission, distribution, and sale of electricity in Kansas and Missouri, the United States. It generates electricity through coal, hydroelectric, landfill …

Peers Metrics

DCF BETA

Parameters

Short Term Growth
Short term Time
Long-Term Growth
WACC
Target Price
42.23$
Current Price
42.23$
Potential
-0.00%

Expected Cash-Flows

Scoring Insights

Peers Group Analysis

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