General information
Country: UNITED STATES
Sector:
Utilities — Regulated Electric
OGE Energy Corp., together with its subsidiaries, operates as an energy and energy services provider that offers physical delivery and related services for electricity and natural gas primarily in the south central United States. It operates in two segments, Electric Utility and Natural Gas Midstream Operations. The Electric Utility segment generates, transmits, distributes, and sells electric energy. This segment furnishes retail electric service in 267 communities and their contiguous rural and suburban areas; and owns and operates coal-fired, natural gas-fired, wind-powered, and solar-powered generating assets. Its service area covers 30,000 square miles in Oklahoma and western Arkansas, including Oklahoma City in Oklahoma; and Fort Smith, Arkansas. The Natural Gas Midstream Operations segment engages in gathering, processing, transporting, and storing natural gas; and the provision of crude oil gathering services, and interstate and intrastate natural gas pipeline transportation and storage services primarily to its producer, power plant, local distribution company, and industrial end-user customers. As of December 31, 2019, the company owned and operated interconnected electric generation, transmission, and distribution systems, including 13 generating stations with an aggregate capability of 7,081 megawatts; and transmission systems comprising 53 substations and 5,122 str...
- Dividend yield for the last twelve months 4.5%
- Free cash flow yield 0.1% (LTM)
- Share price is 15.8% higher than minimum and 13.5% lower than maximum for the last 3 years
- The company is overvalued by EV / LTM EBITDA multiple compared to target level (10.8x vs )
- For the last 3 months insiders bought company shares on $0.1 mln (0.002% of cap.)