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OGE Energy

DB:OG5
Snowflake Description

6 star dividend payer with mediocre balance sheet.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
OG5
DB
$5B
Market Cap
  1. Home
  2. DE
  3. Utilities
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 and natural gas primarily in the south central United States. The last earnings update was 39 days ago. More info.


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  • OGE Energy has significant price volatility in the past 3 months.
OG5 Share Price and Events
7 Day Returns
-8.3%
DB:OG5
0.2%
Europe Electric Utilities
-0.6%
DE Market
1 Year Returns
-30.5%
DB:OG5
-2.6%
Europe Electric Utilities
-20.9%
DE Market
OG5 Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
OGE Energy (OG5) -8.3% -22.2% -32.1% -30.5% -18.7% -11.8%
Europe Electric Utilities 0.2% -18.2% -13.1% -2.6% 19.9% -3%
DE Market -0.6% -16.6% -26% -20.9% -25.8% -31.8%
1 Year Return vs Industry and Market
  • OG5 underperformed the Electric Utilities industry which returned -2.6% over the past year.
  • OG5 underperformed the Market in Germany which returned -20.9% over the past year.
Price Volatility
OG5
Industry
5yr Volatility vs Market

Value

 Is OGE Energy undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of OGE Energy to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for OGE Energy.

DB:OG5 Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model Dividend Discount Model
Dividend Per Share Company Filings (2019-12-31) in USD $ 1.6545457142857
Payout Ratio Company Filings (2019-12-31) 6397.2%
Discount Rate (Cost of Equity) See below 4%
Perpetual Growth Rate 10-Year DE Government Bond Rate -0.4%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for DB:OG5
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year DE Govt Bond Rate -0.4%
Equity Risk Premium S&P Global 5.4%
Electric Utilities Unlevered Beta Simply Wall St/ S&P Global 0.25
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.245 (1 + (1- 21%) (63.02%))
0.576
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
0.8
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= -0.39% + (0.8 * 5.44%)
3.96%

Discounted Cash Flow Calculation for DB:OG5 using Dividend Discount Model Model

The calculations below outline how an intrinsic value for OGE Energy is arrived at by discounting future dividends to their present value. This approach is used for finance firms where free cash flow is difficult to estimate (e.g. Banks/ Insurance firms).

If the firm does not pay the majority of its earnings out as a dividend this method will often arrive at a value significantly lower than the share price.

See our documentation to learn about this calculation.

DB:OG5 Gordon Growth Model
Calculation Result
Value per share = Expected dividends per share / (Discount Rate - Perpetual growth rate)
= $1.65 / (3.96% - -0.39%)
$31.99
DB:OG5 Discount to Share Price
Calculation Result
Non-primary Listing Adjustment Factor 1 share in DB:OG5 represents 0.91724x of NYSE:OGE
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
0.91724x
Value per Share
(Listing Adjusted, EUR)
= Value per Share (USD) x Listing Adjustment Factor
= $ 38.02 x 0.91724
€34.87
Value per share (EUR) From above. €34.87
Current discount Discount to share price of €26.60
= -1 x (€26.60 - €34.87) / €34.87
23.7%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

Current Discount
Amount off the current price OGE Energy is available for.
Intrinsic value
24%
Share price is €26.6 vs Future cash flow value of €34.87
Current Discount Checks
For OGE Energy to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • OGE Energy's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • OGE Energy's share price is below the future cash flow value, but not at a substantial discount (< 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for OGE Energy's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are OGE Energy's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
DB:OG5 PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-12-31) in USD $2.17
NYSE:OGE Share Price ** NYSE (2020-04-06) in USD $29
Europe Electric Utilities Industry PE Ratio Median Figure of 76 Publicly-Listed Electric Utilities Companies 10.33x
Germany Market PE Ratio Median Figure of 401 Publicly-Listed Companies 16.45x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of OGE Energy.

DB:OG5 PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= NYSE:OGE Share Price ÷ EPS (both in USD)

= 29 ÷ 2.17

13.38x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • OGE Energy is overvalued based on earnings compared to the Europe Electric Utilities industry average.
  • OGE Energy is good value based on earnings compared to the Germany market.
Price based on expected Growth
Does OGE Energy's expected growth come at a high price?
Raw Data
DB:OG5 PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 13.38x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 6 Analysts
1.5%per year
Europe Electric Utilities Industry PEG Ratio Median Figure of 37 Publicly-Listed Electric Utilities Companies 1.51x
Germany Market PEG Ratio Median Figure of 256 Publicly-Listed Companies 1.16x

*Line of best fit is calculated by linear regression .

DB:OG5 PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 13.38x ÷ 1.5%

8.79x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • OGE Energy is poor value based on expected growth next year.
Price based on value of assets
What value do investors place on OGE Energy's assets?
Raw Data
DB:OG5 PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-12-31) in USD $20.69
NYSE:OGE Share Price * NYSE (2020-04-06) in USD $29
Europe Electric Utilities Industry PB Ratio Median Figure of 87 Publicly-Listed Electric Utilities Companies 0.76x
Germany Market PB Ratio Median Figure of 572 Publicly-Listed Companies 1.44x
DB:OG5 PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= NYSE:OGE Share Price ÷ Book Value per Share (both in USD)

= 29 ÷ 20.69

1.4x

* Primary Listing of OGE Energy.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • OGE Energy is overvalued based on assets compared to the Europe Electric Utilities industry average.
X
Value checks
We assess OGE Energy's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Electric Utilities industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Electric Utilities industry average (and greater than 0)? (1 check)
  5. OGE Energy has a total score of 2/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is OGE Energy expected to perform in the next 1 to 3 years based on estimates from 6 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
1.5%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is OGE Energy expected to grow at an attractive rate?
  • OGE Energy's earnings growth is expected to exceed the low risk savings rate of -0.4%.
Growth vs Market Checks
  • OGE Energy's earnings growth is positive but not above the Germany market average.
  • OGE Energy's revenue growth is positive but not above the Germany market average.
Annual Growth Rates Comparison
Raw Data
DB:OG5 Future Growth Rates Data Sources
Data Point Source Value (per year)
DB:OG5 Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 6 Analysts 1.5%
DB:OG5 Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 6 Analysts 2.9%
Europe Electric Utilities Industry Earnings Growth Rate Market Cap Weighted Average 9.6%
Europe Electric Utilities Industry Revenue Growth Rate Market Cap Weighted Average 3.9%
Germany Market Earnings Growth Rate Market Cap Weighted Average 14.1%
Germany Market Revenue Growth Rate Market Cap Weighted Average 4%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
DB:OG5 Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 6 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
DB:OG5 Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2023-12-31 966
2022-12-31 2,394 930 464 2
2021-12-31 2,403 927 438 5
2020-12-31 2,345 896 424 6
2020-04-06
DB:OG5 Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2019-12-31 2,232 682 434
2019-09-30 2,271 657 453
2019-06-30 2,214 726 407
2019-03-31 2,268 813 418
2018-12-31 2,270 951 426
2018-09-30 2,260 1,033 666
2018-06-30 2,278 941 644
2018-03-31 2,298 861 638
2017-12-31 2,261 785 619
2017-09-30 2,290 682 382
2017-06-30 2,317 676 382
2017-03-31 2,282 662 349

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • OGE Energy's earnings are expected to grow by 1.5% yearly, however this is not considered high growth (20% yearly).
  • OGE Energy's revenue is expected to grow by 2.9% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
DB:OG5 Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 6 Analyst Estimates (S&P Global) See Below

All data from OGE Energy Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:OG5 Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2023-12-31 2.62 2.62 2.62 1.00
2022-12-31 2.37 2.50 2.30 4.00
2021-12-31 2.24 2.39 2.09 6.00
2020-12-31 2.16 2.26 1.95 6.00
2020-04-06
DB:OG5 Past Financials Data
Date (Data in USD Millions) EPS *
2019-12-31 2.17
2019-09-30 2.26
2019-06-30 2.04
2019-03-31 2.09
2018-12-31 2.13
2018-09-30 3.33
2018-06-30 3.22
2018-03-31 3.19
2017-12-31 3.10
2017-09-30 1.91
2017-06-30 1.91
2017-03-31 1.75

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • OGE Energy is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
Future performance checks
We assess OGE Energy's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Europe market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Europe market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
OGE Energy has a total score of 1/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has OGE Energy performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare OGE Energy's growth in the last year to its industry (Electric Utilities).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • OGE Energy's year on year earnings growth rate has been positive over the past 5 years.
  • OGE Energy's 1-year earnings growth is less than its 5-year average (1.9% vs 10.3%)
  • OGE Energy's earnings growth has not exceeded the Europe Electric Utilities industry average in the past year (1.9% vs 7.2%).
Earnings and Revenue History
OGE Energy's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from OGE Energy Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:OG5 Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-12-31 2,231.60 433.60 -1.50
2019-09-30 2,270.90 452.90 -1.70
2019-06-30 2,214.30 407.10 -1.30
2019-03-31 2,267.60 417.60 4.20
2018-12-31 2,270.30 425.50 4.50
2018-09-30 2,260.40 665.60 16.70
2018-06-30 2,278.40 643.90 27.40
2018-03-31 2,297.80 638.00 24.50
2017-12-31 2,261.10 619.00 21.60
2017-09-30 2,290.00 382.10 15.60
2017-06-30 2,317.10 382.30 4.20
2017-03-31 2,282.10 349.00 1.90
2016-12-31 2,259.20 338.20 27.50
2016-09-30 2,175.50 309.70
2016-06-30 2,151.40 237.30
2016-03-31 2,149.90 253.30
2015-12-31 2,196.90 271.30
2015-09-30 2,276.00 300.30
2015-06-30 2,310.90 376.40
2015-03-31 2,372.80 389.70
2014-12-31 2,453.10 395.80
2014-09-30 2,435.80 395.00
2014-06-30 2,404.30 422.90
2014-03-31 2,526.70 413.80
2013-12-31 2,867.70 387.60
2013-09-30 3,220.90 368.50
2013-06-30 3,611.10 338.80

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • OGE Energy has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • OGE Energy used its assets more efficiently than the Europe Electric Utilities industry average last year based on Return on Assets.
  • OGE Energy's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess OGE Energy's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Electric Utilities industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
OGE Energy has a total score of 2/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is OGE Energy's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up OGE Energy's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • OGE Energy's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • OGE Energy's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of OGE Energy's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is not covered by short term assets, assets are 0.1x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from OGE Energy Company Filings, last reported 3 months ago.

DB:OG5 Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-12-31 4,139.50 3,307.20
2019-09-30 4,186.20 3,363.50 13.20
2019-06-30 4,007.20 3,401.10
2019-03-31 3,976.20 3,263.70
2018-12-31 4,005.10 3,146.90 94.30
2018-09-30 4,029.60 3,146.70 90.70
2018-06-30 3,890.10 3,200.40
2018-03-31 3,842.10 3,193.70 2.30
2017-12-31 3,851.10 3,167.80 14.40
2017-09-30 3,616.80 3,245.70
2017-06-30 3,492.00 3,281.10
2017-03-31 3,444.40 3,056.20
2016-12-31 3,443.80 2,866.70 0.30
2016-09-30 3,445.20 2,843.30
2016-06-30 3,321.80 2,914.10
2016-03-31 3,298.30 2,816.80
2015-12-31 3,326.00 2,738.80 75.20
2015-09-30 3,353.40 2,755.50 43.30
2015-06-30 3,286.00 2,860.90
2015-03-31 3,241.80 2,865.30 1.50
2014-12-31 3,244.40 2,853.30 5.50
2014-09-30 3,243.00 2,921.10
2014-06-30 3,099.80 3,036.10 2.20
2014-03-31 3,037.80 3,027.20 2.40
2013-12-31 3,037.10 2,839.70 6.80
2013-09-30 2,994.60 2,847.00
2013-06-30 2,811.30 2,878.90
  • OGE Energy's level of debt (79.9%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has been reduced over the past 5 years (88% vs 79.9% today).
  • Debt is well covered by operating cash flow (20.6%, greater than 20% of total debt).
  • Interest payments on debt are well covered by earnings (EBIT is 3.4x coverage).
X
Financial health checks
We assess OGE Energy's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. OGE Energy has a total score of 3/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is OGE Energy's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
5.34%
Current annual income from OGE Energy dividends. Estimated to be 5.71% next year.
If you bought €2,000 of OGE Energy shares you are expected to receive €107 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • OGE Energy's pays a higher dividend yield than the bottom 25% of dividend payers in Germany (1.69%).
  • OGE Energy's dividend is above the markets top 25% of dividend payers in Germany (4.85%).
Upcoming dividend payment

Purchase OGE Energy before the 'Ex-dividend' to receive their next dividend payment.

Dividends are usually paid every 3 or 6 months, you can time your share purchase to take advantage of upcoming dividend payments.
Dividend payment calendar
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
DB:OG5 Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 6 Analyst Estimates (S&P Global) See Below
Europe Electric Utilities Industry Average Dividend Yield Market Cap Weighted Average of 51 Stocks 4.9%
Germany Market Average Dividend Yield Market Cap Weighted Average of 315 Stocks 3.9%
Germany Minimum Threshold Dividend Yield 10th Percentile 0.9%
Germany Bottom 25% Dividend Yield 25th Percentile 1.7%
Germany Top 25% Dividend Yield 75th Percentile 4.9%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

DB:OG5 Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts
2023-12-31 1.77 1.00
2022-12-31 1.73 3.00
2021-12-31 1.66 5.00
2020-12-31 1.58 5.00
2020-04-06
DB:OG5 Past Annualized Dividends Data
Date (Data in $) Dividend per share (annual) Avg. Yield (%)
2019-12-04 1.550 3.929
2019-09-25 1.550 3.588
2019-05-16 1.460 3.391
2019-02-20 1.460 3.457
2018-12-06 1.460 3.622
2018-09-26 1.460 3.879
2018-05-17 1.330 3.730
2018-02-21 1.330 4.110
2017-11-29 1.330 4.111
2017-09-26 1.330 3.691
2017-05-18 1.210 3.405
2017-02-22 1.210 3.432
2016-11-30 1.210 3.607
2016-09-28 1.210 3.926
2016-05-19 1.100 3.503
2016-02-25 1.100 3.901
2015-12-02 1.100 4.280
2015-09-30 1.100 4.019
2015-05-14 1.000 3.448
2015-02-25 1.000 3.123
2014-12-03 1.000 2.875
2014-09-24 1.000 2.735
2014-05-15 0.900 2.449
2014-02-12 0.900 2.487
2013-12-04 0.900 2.659
2013-09-25 0.835 2.289
2013-05-16 0.835 2.359
2013-02-26 0.835 2.476
2012-11-28 0.835 2.903
2012-09-26 0.785 2.782
2012-02-15 0.785 2.949
2011-12-01 0.785 2.897
2011-09-28 0.750 2.974
2011-05-19 0.750 3.068
2011-02-16 0.750 2.998
2010-12-02 0.750 3.284
2010-09-28 0.725 3.322
2010-05-20 0.725 3.783
2010-02-17 0.725 3.745
2009-12-03 0.725 3.975
2009-09-30 0.710 4.189
2009-05-21 0.710 4.835

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Dividends per share have been stable in the past 10 years.
  • Dividends per share have increased over the past 10 years.
Current Payout to shareholders
What portion of OGE Energy's earnings are paid to the shareholders as a dividend.
  • Dividends paid are covered by earnings (1.5x coverage).
Future Payout to shareholders
  • Dividends after 3 years are expected to be covered by earnings (1.4x coverage).
X
Income/ dividend checks
We assess OGE Energy's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.9%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can OGE Energy afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. OGE Energy has a total score of 6/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of OGE Energy's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Robert Trauschke
COMPENSATION $5,694,937
AGE 52
TENURE AS CEO 4.8 years
CEO Bio

Mr. Robert Sean Trauschke has been Chief Executive Officer of Oklahoma Gas and Electric Company since May 29, 2015 and Chief Executive Officer of OGE Energy Corp since June 1, 2015. He has been a Director at Enable GP, LLC, general partner of Enable Midstream Partners, LP since May 2013. Mr. Trauschke has been the President of OGE Energy Corp., since August 2014. He has been the President of Oklahoma Gas and Electric Company since July 17, 2013. He has been the Chief Financial Officer of Enogex LLC from 2009 to 2013. He served as the Chief Financial Officer at OGE Energy Corp. from April 27, 2009 to August 2014 and served as its Vice President from April 27, 2009 to 2014. He served as Acting Chief Financial Officer of Enable GP LLC - General Partner of Enable Midstream Partners, LP from May 2013 to December 2013. Mr. Trauschke served as President and Chief Executive Officer of OGE Energy Corp., and OG&E from May 29, 2015 to November 30, 2015; and President of OGE Energy and OG&E from September 2014 to May 29, 2015. He served as Vice President and Chief Financial Officer of OGE Energy from 2009 to September 2014. He served as Chief Financial Officer of Enogex Holdings from 2010 to 2013. He served as the Chief Financial Officer and Vice President of Oklahoma Gas and Electric Company from April 2009 to September 3, 2014 and from 2009 to 2013 respectively. He served as Vice President and Assistant Treasurer at Union Gas Limited. He served as Vice President of Westcoast Energy Inc., subsidiary of Duke Energy Corporation (Duke Energy). He served as Senior Vice President of Investor Relations and Financial Planning at Duke Energy Corporation from November 2007 to 2009 and also served as its Vice President of Investor Relations from 2006 to November 2007. He served as Senior Vice President of Investor Relations and Financial Planning at Duke Energy Carolinas, LLC from 2008 to 2009. At Duke Energy, he served as the Chief Risk Officer and Vice President from 2004 to 2006 and also served as its General Manager of business unit finance and various roles in treasury. He served in a variety of purchasing and strategic sourcing roles before moving into finance. Throughout his professional career, he has been active in numerous civic and community organizations including the North Carolina Zoological Society and the Greater Enrichment Program Inc., which provides out-of-school education programs to students in kindergarten through 5th grade. He has been the Chairman of OGE Energy Corp. and Oklahoma Gas and Electric Company since December 2015. He has been Director of United Way of Central Oklahoma since March 2016. He has been a Director of Enogex Holdings LLC since November 1, 2010 and OGE Energy Corp. since May 2015. He serves as a Director of ArcLight Capital Partners, LLC and Athletic Foundation for the University of North Carolina at Charlotte. Mr. Trauschke earned a Bachelor of Science degree in Mechanical Engineering from the University of North Carolina at Charlotte and earned a Master's degree in Business Administration from the University of South Carolina. Mr. Trauschke completed the Advanced Management Program at the Harvard Business School.

CEO Compensation
  • Robert's compensation has been consistent with company performance over the past year, both up more than 20%.
  • Robert's remuneration is higher than average for companies of similar size in Germany.
Management Team Tenure

Average tenure and age of the OGE Energy management team in years:

5.6
Average Tenure
54
Average Age
  • The average tenure for the OGE Energy management team is over 5 years, this suggests they are a seasoned and experienced team.
Management Team

Robert Trauschke

TITLE
Chairman
COMPENSATION
$6M
AGE
52
TENURE
4.8 yrs

Steve Merrill

TITLE
Chief Financial Officer
COMPENSATION
$2M
AGE
54
TENURE
5.6 yrs

William Sultemeier

TITLE
General Counsel
COMPENSATION
$1M
AGE
51
TENURE
3.3 yrs

Jean Leger

TITLE
Senior Vice President of Utility Operations -Oklahoma Gas & Electric Company
COMPENSATION
$1M
AGE
60
TENURE
1.3 yrs

E. Mitchell

TITLE
Chief Operating Officer of Oklahoma Gas & Electric Company
COMPENSATION
$2M
AGE
57
TENURE
12.3 yrs

Sarah Stafford

TITLE
Chief Accounting Officer & Controller
AGE
37
TENURE
2.1 yrs

Todd Tidwell

TITLE
Director of Investor Relations

Patricia Horn

TITLE
VP of Governance & Corporate Secretary
AGE
60
TENURE
8.3 yrs

Chuck Walworth

TITLE
Treasurer
AGE
44
TENURE
6.2 yrs

Cristina McQuistion

TITLE
VP & Chief Information Officer of Oklahoma Gas and Electric Company
AGE
54
TENURE
12.3 yrs
Board of Directors Tenure

Average tenure and age of the OGE Energy board of directors in years:

4.3
Average Tenure
66
Average Age
  • The tenure for the OGE Energy board of directors is about average.
Board of Directors

Robert Trauschke

TITLE
Chairman
COMPENSATION
$6M
AGE
52
TENURE
4.3 yrs

Luke Corbett

TITLE
Lead Director
COMPENSATION
$250K
AGE
72

Jim Brandi

TITLE
Independent Director
COMPENSATION
$238K
AGE
70
TENURE
10.2 yrs

Judy McReynolds

TITLE
Independent Director
COMPENSATION
$238K
AGE
56
TENURE
8.8 yrs

Mike Sanner

TITLE
Independent Director
COMPENSATION
$230K
AGE
66
TENURE
2.6 yrs

Sheila Talton

TITLE
Independent Director
COMPENSATION
$225K
AGE
66
TENURE
6.6 yrs

David Hauser

TITLE
Independent Director
COMPENSATION
$230K
AGE
67
TENURE
4.8 yrs

Frank Bozich

TITLE
Independent Director
COMPENSATION
$230K
AGE
59
TENURE
4.2 yrs

Peter Clarke

TITLE
Independent Director
COMPENSATION
$206K
AGE
68
TENURE
2.2 yrs

David Rainbolt

TITLE
Independent Director
AGE
63
TENURE
1.3 yrs
Who owns this company?
Recent Insider Trading
  • More shares have been bought than sold by OGE Energy individual insiders in the past 3 months, but not in substantial volumes.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (€) Value (€)
17. Mar 20 Buy Andrea Dennis Individual 13. Mar 20 13. Mar 20 1,010 €28.45 €28,736
16. Aug 19 Sell Charles Walworth Individual 14. Aug 19 14. Aug 19 -705 €38.42 €-27,084
08. May 19 Sell J. Sanner Individual 07. May 19 07. May 19 -75 €37.49 €-2,812
X
Management checks
We assess OGE Energy's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. OGE Energy has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

Company Info

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 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 structure miles of lines in Oklahoma, and seven substations and 277 structure miles of lines in Arkansas. Its distribution systems included 350 substations; 29,406 structure miles of overhead lines; 3,050 miles of underground conduit; and 10,967 miles of underground conductors in Oklahoma, as well as 30 substations, 2,786 structure miles of overhead lines, 315 miles of underground conduit, and 679 miles of underground conductors in Arkansas. The company was founded in 1902 and is headquartered in Oklahoma City, Oklahoma.

Details
Name: OGE Energy Corp.
OG5
Exchange: DB
Founded: 1902
$4,931,769,969
200,177,358
Website: http://www.ogeenergy.com
Address: OGE Energy Corp.
321 North Harvey,
PO Box 321,
Oklahoma City,
Oklahoma, 73101-0321,
United States
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
NYSE OGE Common Stock New York Stock Exchange US USD 02. Jan 1968
DB OG5 Common Stock Deutsche Boerse AG DE EUR 02. Jan 1968
Number of employees
Current staff
Staff numbers
2,425
OGE Energy employees.
Industry
Electric Utilities
Utilities
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2020/04/06 21:13
End of day share price update: 2020/04/06 00:00
Last estimates confirmation: 2020/04/06
Last earnings filing: 2020/02/27
Last earnings reported: 2019/12/31
Last annual earnings reported: 2019/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.