OGE Energy Expectations for 2026 | Price, Valuation & Forecast

OGE Energy

NYSE:OGE

$ 47,54

$-0,13 (-0,27%)

47,54 $

$-0,13 (-0,27%)

End-of-day quote: 03/27/2026

OGE Energy Stock Value

The analyst rating for NYSE:OGE is currently Hold.

Hold

OGE Energy Company Info

EPS Growth 5Y

2,21%

Market Cap

$9,81 B

Long-Term Debt

$5,37 B

Short Interest

5,83%

Quarterly earnings

04/30/2026 (E)

Dividend

$1,70

Dividend Yield

3,57%

Founded

1902

Industry

Utilities

Country

United States

ISIN Number

US6708371033

Website

http://www.oge.com

Analyst Price Target
The Analyst Price Target shows the analysts’ low, high, and average target at a glance.

$49,00

3.07%

Last Update: 03/28/2026

Analysts: 11

Highest Price Target $58,00

Average Price Target $49,00

Lowest Price Target $41,00

In the last five quarters, OGE Energy’s Price Target has risen from $35,75 to $43,30 - a 21,12% increase. Eleven analysts predict that OGE Energy’s share price will increase in the coming year, reaching $49,00. This would represent an increase of 3,07%.

Top growth stocks in the utilities sector (5Y.)

What does OGE Energy do?

OGE Energy Corp. (OGE Energy) operates as a holding company whose primary investment provides electricity in Oklahoma and western Arkansas. OGE Energy's electric company operations are conducted through its wholly-owned subsidiary, OG&E, which generates, transmits, distributes, and sells electric energy in Oklahoma and western Arkansas, and are reported through OGE Energy's electric company business segment. OG&E's rates are subject to regulation by the OCC, the APSC, and the FERC. OG&E is the...

OGE Energy Corp. (OGE Energy) operates as a holding company whose primary investment provides electricity in Oklahoma and western Arkansas.

OGE Energy's electric company operations are conducted through its wholly-owned subsidiary, OG&E, which generates, transmits, distributes, and sells electric energy in Oklahoma and western Arkansas, and are reported through OGE Energy's electric company business segment. OG&E's rates are subject to regulation by the OCC, the APSC, and the FERC. OG&E is the largest electric company in Oklahoma, with a franchised service territory that includes Fort Smith, Arkansas, and the surrounding communities. OG&E sold its retail natural gas business in 1928 and is no longer engaged in the natural gas distribution business.

Strategy

OGE Energy is focused on strengthening and securing the energy grid to improve reliability and resiliency for all customers; maintaining customer rates that are among the lowest rates in the country by continuing to focus on innovation, intellectual curiosity, and execution with excellence; delivering top-quartile safety results as it expands the capacity of the energy grid with a balanced mix of cost-effective and proven generation technologies to meet unprecedented demand for electricity; transforming the customer experience through personalized products, programs, services, and self-service technology by centering decisions on customer impact; driving economic development and job growth by attracting new and diverse businesses to improve the communities it serves in Oklahoma and Arkansas; delivering on earnings commitments to shareholders to enhance access to lower-cost debt and equity capital that is needed to deploy infrastructure for the long-term economic health of its communities; fostering strong regulatory and legislative relationships, built on integrity, for the long-term benefit of its customers, communities, shareholders, and members; and developing and growing its members to provide a greater contribution to the company's success, as they improve their own lives and deliver improved value to communities, customers, and shareholders.

OGE Energy creates long-term shareholder value by targeting the consistent growth of consolidated earnings per share of five to seven percent, supported by strong load growth enabled by low customer rates and a strategy of investing in lower-risk infrastructure projects that improve the economic vitality of the communities it serves in Oklahoma and Arkansas.

Electric Operations - OG&E

OG&E provides retail electric service to approximately 907,000 customers in Oklahoma and western Arkansas throughout a service area that covers 30,000 square miles, including Oklahoma City, the largest city in Oklahoma, Fort Smith, Arkansas, the third-largest city in that state, and other large communities with their contiguous rural and suburban areas. OG&E derived 92 percent of its total electric operating revenues in 2024 from sales in Oklahoma, and the remainder from sales in Arkansas. OG&E does not serve wholesale customers in either state.

In 2024, OG&E's system control area peak demand was 7,435 MWs on August 18, 2024, and OG&E's load responsibility peak demand was 6,669 MWs on August 18, 2024.

Fuel Supply and Generation

OG&E participates in the SPP Integrated Marketplace.

Natural Gas

As a participant in the SPP Integrated Marketplace, OG&E purchases its natural gas supply through short-term agreements.

Coal

OG&E's coal-fired units are designed to burn primarily low sulfur western sub-bituminous coal.

Wind

OG&E owns the 120 MW Centennial, 101 MW OU Spirit and 228 MW Crossroads wind farms. OG&E's current wind power portfolio also includes purchased power contracts.

Properties

OG&E owns and operates an interconnected electric generation, transmission, and distribution system, located in Oklahoma and western Arkansas, which included 18 generating stations with an aggregate capability of 6,921 MWs as of December 31, 2024.

In 2024, OG&E retired Unit 7 located at the Horseshoe Lake station.

Regulation

OG&E's retail electric tariffs are regulated by the Oklahoma Corporation Commission (OCC) in Oklahoma, and by the Arkansas Public Service Commission (APSC) in Arkansas. The issuance of certain securities by OG&E is also regulated by the OCC and the APSC. OG&E's transmission activities, short-term borrowing authorization, and accounting practices are subject to the jurisdiction of the FERC. The Secretary of the U.S. Department of Energy has jurisdiction over some of OG&E's facilities and operations.

History

OGE Energy Corp. was founded in 1902. The company was incorporated in 1995.

OGE Energy Questions and Answers

Which sectors generate sales and which are the top 3 markets?

**Energy supply:** approx. 70% **Natural gas transportation:** approx. 30% OGE Energy Corp. generates the majority of its revenues from energy supply, especially by providing electricity to residential and business customers. A significant portion of the income also comes from natural gas trans...

At which locations are the company’s products manufactured?

**Production Sites:** Oklahoma, USA OGE Energy Corp. is an energy company that operates mainly in Oklahoma. The company runs power plants for electricity generation and is active in energy transmission and distribution. The focus is on providing electricity rather than producing physical products....

What strategy does OGE Energy pursue for future growth?

**Current Growth Strategy:** Diversification and Investments in Renewable Energies (2025) OGE Energy Corp. is focusing on diversifying its energy portfolio to secure future growth. A key component of the strategy is increased investment in renewable energies, particularly in wind and solar projects...

Which raw materials are imported and from which countries?

**Primary raw materials:** Natural gas, coal OGE Energy Corp. is mainly engaged in the generation and distribution of electricity. The main raw materials imported by the company are natural gas and coal, which are used for electricity generation. **Countries of origin for natural gas:** USA (domes...

How strong is the company’s competitive advantage?

**Market share:** Estimated 20% in the regional service area (2025) **Credit rating:** BBB+ (Standard & Poor's, 2024) **Dividend yield:** 4.5% (2025) OGE Energy Corp. has a solid competitive advantage, mainly based on its strong regional market presence in the utility sector. The compa...

What is the share of institutional investors and insider buying/selling?

**Institutional Investor Share:** 68% (estimated 2025) **Insider Buys/Sells:** No significant transactions in the last quarter (estimated 2025) The institutional investor share in OGE Energy Corp. is estimated to be 68%. This indicates a strong trust from institutional investors in the company, w...

What percentage market share does OGE Energy have?

**Market share of OGE Energy Corp.:** Estimate 3-5% (2025) **Main competitors and their market shares:** 1. **NextEra Energy, Inc. (NYSE:NEE):** 15-20% 2. **Duke Energy Corporation (NYSE:DUK):** 10-15% 3. **Southern Company (NYSE:SO):** 10-15% 4. **Dominion Energy, Inc. (NYSE:D):** 5-10% 5. **Exelo...

Is OGE Energy stock currently a good investment?

**Revenue Growth:** 3.5% (2024) **Net Income:** $450 million USD (2024) **Dividend Yield:** 4.5% (2024) **Debt-to-Equity Ratio:** 0.9 (2024) OGE Energy Corp. recorded a moderate revenue growth of 3.5% in 2024. The company achieved a net income of $450 million USD, indicating solid operational perfo...

Does OGE Energy pay a dividend – and how reliable is the payout?

**Dividend Yield:** 4.2% (2025) **Dividend History:** Continuous payout for over 10 years OGE Energy Corp. regularly pays dividends to its shareholders. The current dividend yield is approximately 4.2%, which is at the higher end compared to other utility companies. The company has a solid histo...

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OGE Energy Stock Value

OGE Energy Company Info

Analyst Price Target
The Analyst Price Target shows the analysts’ low, high, and average target at a glance.

Top growth stocks in the utilities sector (5Y.)

What does OGE Energy do?

OGE Energy Questions and Answers

Offer & Services

Service & Collaboration

Company & Legal

New support ticket

Explore

OGE Energy Stock Value

OGE Energy Company Info

Analyst Price Target The Analyst Price Target shows the analysts’ low, high, and average target at a glance.

Top growth stocks in the utilities sector (5Y.)

What does OGE Energy do?

OGE Energy Questions and Answers

Offer & Services

Service & Collaboration

Company & Legal

Analyst Price Target
The Analyst Price Target shows the analysts’ low, high, and average target at a glance.