OGE Energy completed its long transition to a fully regulated electric utility in late 2022 when it finished divesting its midstream gas business. OGE's growth prospects now primarily depend on Oklahoma rate regulation and electricity demand growth.
OGE is making progress improving Oklahoma regulation so that it can execute its growth investment plan while continuing to grow the dividend.
Oklahoma's three-person, publicly elected utilities commission structure creates more regulatory risk than other utilities face.
|
Metric
|
OGE
|
AEP
|
CNP
|
|---|---|---|---|
Price/Earnings (Normalized) | 20.03 | 19.98 | 19.48 |
Price/Book Value | 1.89 | 2.03 | 2.09 |
Price/Sales | 2.90 | 2.86 | 2.55 |
Price/Cash Flow | 9.13 | 8.91 | 8.34 |
|
Metric
|
OGE
|
AEP
|
CNP
|
|---|---|---|---|
Quick Ratio | 0.41 | 0.28 | 0.35 |
Current Ratio | 0.77 | 0.50 | 1.12 |
Interest Coverage | 3.11 | 2.61 | 2.31 |
|
Metric
|
OGE
|
AEP
|
CNP
|
|---|---|---|---|
Return on Assets (Normalized) | 3.18% | 2.92% | 2.42% |
Return on Equity (Normalized) | 9.37% | 10.77% | 9.94% |
Return on Invested Capital (Normalized) | 6.29% | 6.47% | 5.72% |
|
1-Day Chart
|
Name
|
Price
|
Morningstar Rating for Stocks
|
Capital Allocation
|
Economic Moat
|
Market Cap
|
|---|---|---|---|---|---|---|
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United States