OGE Energy's regulated electric utility is executing a robust capital expenditure program, with net PPE expanding 12% from $11.6B in 2024Q1 to $13.0B in 2026Q2, supporting rate base growth and a 9.2% revenue increase in 2025Q2. However, earned ROE trails autho...
Price trend, volume and key moving averages
Start with the evidence for owning the stock and the risks that can break the thesis.
Revenue growth of 9.2% year-over-year in 2025Q2 reflects rate base expansion, yet operating margins averaged 24.5% over the last four quarters, indicating earned returns below authorized levels and regulatory lag.
OGE is experiencing strong customer growth, projected to be around 1% annually, coupled with significant weather-normalized load growth, estimated at 4-6% for 2026. This growth is fueled by strong local economies and increasing electrification trends.
The company is capitalizing on opportunities with large industrial clients and data centers, including a recent 1 GW contract with a data center customer. This is a significant driver for future revenue and load expansion.
OGE is making substantial investments in generation and transmission infrastructure. This includes projects like the Frontier Energy Storage Project, new generation at Tinker Air Force Base, and significant transmission assignments, addressing a projected 1.9 gigawatts of capacity needs by 2031.
Trailing total returns as of 10/3/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC).
Check whether operating performance supports the current valuation.
Recent results and news deserve attention only when they alter the forward view.
| Quarter | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|
Q3 2026Latest Jul 29, 2026 | $0.56+1.1% vs $0.55 | $712M-9.0% vs $783M |
Q2 2026 Apr 29, 2026 | $0.24+0.0% vs $0.24 | $753M+22.2% vs $616M |
Q1 2026 Feb 18, 2026 | $0.33+10.0% vs $0.30 | $726M+27.2% vs $571M |
Q4 2025 Oct 29, 2025 | $1.14-1.7% vs $1.16 | $1.0B+276.2% vs $278M |
Rising Treasury yields just knocked five pipeline and utility stocks to levels that have income investors asking whether the selloff created a buying window or a warning sign worth heeding.
OKLAHOMA CITY, Sept. 29, 2026 /PRNewswire/ -- OGE Energy Corp. (NYSE: OGE) will hold its quarterly earnings and business update conference call at 9 a.m.
OKLAHOMA CITY, Sept. 23, 2026 /PRNewswire/ -- OGE Energy Corp. (NYSE: OGE), the parent company of Oklahoma Gas and Electric Company, announced today that its Board of Directors approved a fourth quarter dividend of $0.42875 per common share of stock, to be paid on October 30, 2026, to shareholders of record on October 5, 2026.
Investors interested in stocks from the Utility - Electric Power sector have probably already heard of RWE AG (RWEOY) and OGE Energy (OGE). But which of these two stocks is more attractive to value investors?
Benchmark OGE against direct peers instead of judging its metrics in isolation.
Key metrics vs top competitors for OGE Energy Corp. (OGE)
| Company | Price | Market Cap | P/E Ratio | Rev Growth (1Y) | Net Margin | ROE | Div Yield |
|---|---|---|---|---|---|---|---|
| $45.34 | $9.37B | 19.54 | 9.21% | 14.44% | 9.79% | 3.72% | |
| $79.17 | $18.25B | 21.63 | 1.65% | 15.26% | 9.01% | — | |
| $69.27 | $4.26B | 23.56 | 6.38% | 10.13% | 5.92% | — | |
| $35.31 | $2.92B | 14.84 | 1.34% | 11.83% | 8.29% | — | |
| $88.87 | $3.73B | 13.57 | -1.99% | 14.83% | 10.43% | — | |
| $132.79 | $7.36B | 22.51 | -0.75% | 18.8% | 9.34% | — |
OGE Energy Corp. (OGE) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
Verify the primary filings, follow material updates, and answer the remaining questions.
OGE Energy Corp. (OGE) SEC filings — annual & quarterly reports (10-K, 10-Q)
Aug 3, 2026·SEC
Jul 29, 2026·SEC
Jun 15, 2026·SEC
Get notified when OGE posts new earnings or crosses analyst targets
Free. No account needed. Unsubscribe any time.
OGE Energy Corp. (OGE) stock FAQ — growth, dividends, profitability & financials explained
OGE Energy Corp. (OGE) reported $3.24B in revenue for fiscal year 2025. This represents a 133% increase from $1.39B in 1996.
OGE Energy Corp. (OGE) grew revenue by 9.2% over the past year. This is steady growth.
Yes, OGE Energy Corp. (OGE) is profitable, generating $470.8M in net income for fiscal year 2025 (14.4% net margin).
Yes, OGE Energy Corp. (OGE) pays a dividend with a yield of 3.72%. This makes it attractive for income-focused investors.
OGE Energy Corp. (OGE) has a return on equity (ROE) of 9.8%. This is below average, suggesting room for improvement.
OGE Energy Corp. (OGE) generated $1.21B in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.
OGE Energy Corp. (OGE) has a dividend payout ratio of 73%. The dividend is reasonably covered.
