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Oge Energy Corp.. (OGE) Stock Fundamental Analysis & AI Rating 2026

OGE NYSE Electric Services OK CIK: 0001021635
Recently Updated • Analysis: Apr 13, 2026 • SEC Data: 2025-12-31
SELL
70% Conf
Pending
Analysis scheduled

📊 OGE Key Takeaways

Revenue: $3.3B
Net Margin: 14.4%
Free Cash Flow: $82.7M
Current Ratio: 0.78x
Debt/Equity: 1.08x
EPS: $2.32
AI Rating: SELL with 70% confidence
Oge Energy Corp.. (OGE) receives a SELL rating with 70% confidence from our AI fundamental analysis based on SEC 10-K filings. With revenue of $3.3B, net profit margin of 14.4%, and return on equity (ROE) of 9.5%, Oge Energy Corp.. demonstrates mixed fundamentals in the Utilities sector. Below is our complete OGE stock analysis for 2026.

Is Oge Energy Corp.. (OGE) a Good Investment?

Claude

OGE Energy operates a stable, regulated utility with respectable profitability margins (24.5% operating, 14.4% net) and consistent revenue growth. However, the company faces critical liquidity constraints with only $200K cash, current and quick ratios below 1.0x, and minimal free cash flow (2.5% FCF margin) while carrying 1.08x debt-to-equity leverage, creating significant financial inflexibility and refinancing risk.

Why Buy Oge Energy Corp.. Stock? OGE Key Strengths

Claude
  • + Strong operating cash flow of $1.1B demonstrates underlying business resilience
  • + Stable, regulated utility sector with predictable revenue streams and 2.2% YoY growth
  • + Solid profitability margins across all levels (35.6% gross, 24.5% operating)

OGE Stock Risks: Oge Energy Corp.. Investment Risks

Claude
  • ! Critically low cash reserves of $200K create acute liquidity crisis and payment timing risk
  • ! Current ratio of 0.78x and quick ratio of 0.68x indicate inability to cover short-term obligations
  • ! Entire operating cash flow consumed by capex ($1.1B OCF vs $1.1B capex) leaves no FCF buffer for debt reduction or contingencies

Key Metrics to Watch

Claude
  • * Cash position and working capital trends - currently unsustainably low
  • * Free cash flow sustainability and capital allocation priorities
  • * Debt refinancing schedule and access to capital markets at reasonable costs

Oge Energy Corp.. (OGE) Financial Metrics & Key Ratios

Revenue
$3.3B
Net Income
$470.7M
EPS (Diluted)
$2.32
Free Cash Flow
$82.7M
Total Assets
$14.4B
Cash Position
$200.0K

💡 AI Analyst Insight

The relatively thin 2.5% FCF margin may limit capital allocation flexibility. The current ratio below 1.0x warrants monitoring of short-term liquidity.

OGE Profit Margin, ROE & Profitability Analysis

Gross Margin 35.6%
Operating Margin 24.5%
Net Margin 14.4%
ROE 9.5%
ROA 3.3%
FCF Margin 2.5%

OGE vs Utilities Sector: How Oge Energy Corp.. Compares

How Oge Energy Corp.. compares to Utilities sector averages

Net Margin
OGE 14.4%
vs
Sector Avg 12.0%
OGE Sector
ROE
OGE 9.5%
vs
Sector Avg 10.0%
OGE Sector
Current Ratio
OGE 0.8x
vs
Sector Avg 0.8x
OGE Sector
Debt/Equity
OGE 1.1x
vs
Sector Avg 1.4x
OGE Sector

Sector benchmarks are approximate industry averages. Actual sector performance may vary.

Is Oge Energy Corp.. Stock Overvalued? OGE Valuation Analysis 2026

Based on fundamental analysis, Oge Energy Corp.. has mixed fundamental signals relative to the Utilities sector in 2026.

Return on Equity
9.5%
Sector avg: 10%
Net Profit Margin
14.4%
Sector avg: 12%
Revenue Growth
N/A
Year-over-year
Debt/Equity
1.08x
Sector avg: 1.4x

Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.

Oge Energy Corp.. Balance Sheet: OGE Debt, Cash & Liquidity

Current Ratio
0.78x
Quick Ratio
0.68x
Debt/Equity
1.08x
Debt/Assets
65.4%
Interest Coverage
2.96x
Long-term Debt
$5.4B

OGE Revenue & Earnings Growth: 5-Year Financial Trend

OGE 5-year financial data: Year 2021: Revenue $3.6B, Net Income N/A, EPS $2.16. Year 2022: Revenue $3.6B, Net Income N/A, EPS $-0.87. Year 2023: Revenue $3.6B, Net Income $737.3M, EPS $3.68. Year 2024: Revenue $3.3B, Net Income $665.7M, EPS $3.32. Year 2025: Revenue $3.2B, Net Income $416.8M, EPS $2.07.
Revenue
Net Income
EPS (right axis)

5-Year Trend Summary: Oge Energy Corp..'s revenue has declined by 11% over the 5-year period, indicating business contraction. The most recent EPS of $2.07 reflects profitable operations.

OGE Revenue Growth, EPS Growth & YoY Performance

Revenue Growth
N/A
Year-over-year
Net Income Growth
N/A
Year-over-year
EPS Growth
N/A
Earnings per share
FCF Margin
2.5%
Free cash flow / Revenue

OGE Quarterly Earnings & Performance

Quarterly financial performance data for Oge Energy Corp.. including revenue, net income, and earnings per share.
Quarter Revenue Net Income EPS
Q3 2025 $945.2M $218.7M $1.09
Q2 2025 $644.1M $102.3M $0.51
Q1 2025 $582.6M $18.6M $0.09
Q3 2024 $923.0M $218.7M $1.09
Q2 2024 $589.2M $88.4M $0.44
Q1 2024 $544.6M $18.6M $0.09
Q3 2023 $923.0M $241.9M $1.20
Q2 2023 $589.2M $73.1M $0.36

Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.

Oge Energy Corp.. Dividends, Buybacks & Capital Allocation

Operating Cash Flow
$1.1B
Cash generated from operations
Capital Expenditures
$1.1B
Investment in assets
Dividends Paid
$341.9M
Returned to shareholders

OGE SEC Filings: Latest 10-K & 10-Q Analysis

Access official SEC EDGAR filings for Oge Energy Corp.. (CIK: 0001021635)

📋 Recent SEC Filings

Date Form Document Action
Apr 1, 2026 DEF 14A oge-20260401.htm View →
Apr 1, 2026 4 xslF345X06/primarydocument.xml View →
Apr 1, 2026 8-K oge-20260401.htm View →
Feb 26, 2026 4 xslF345X05/primarydocument.xml View →
Feb 25, 2026 8-K oge-20260219.htm View →

Frequently Asked Questions about OGE

What is the AI rating for OGE?

Oge Energy Corp.. (OGE) has an AI rating of SELL with 70% confidence, based on fundamental analysis of SEC EDGAR filings.

What are OGE's key strengths?

Claude: Strong operating cash flow of $1.1B demonstrates underlying business resilience. Stable, regulated utility sector with predictable revenue streams and 2.2% YoY growth.

What are the risks of investing in OGE?

Claude: Critically low cash reserves of $200K create acute liquidity crisis and payment timing risk. Current ratio of 0.78x and quick ratio of 0.68x indicate inability to cover short-term obligations.

What is OGE's revenue and growth?

Oge Energy Corp.. reported revenue of $3.3B.

Does OGE pay dividends?

Oge Energy Corp.. pays dividends, with $341.9M distributed to shareholders in the trailing twelve months.

Where can I find OGE SEC filings?

Official SEC filings for Oge Energy Corp.. (CIK: 0001021635) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.

What is OGE's EPS?

Oge Energy Corp.. has a diluted EPS of $2.32.

How is the AI analysis conducted?

Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined rating reflects both perspectives for balanced insights.

Is OGE a good stock to buy right now?

Based on our AI fundamental analysis in April 2026, Oge Energy Corp.. has a SELL rating with 70% confidence. Review the strengths and risks sections above before making a decision. This is not investment advice.

Is OGE stock overvalued or undervalued?

Valuation metrics for OGE: ROE of 9.5% (sector avg: 10%), net margin of 14.4% (sector avg: 12%). Compare these metrics with sector averages to assess valuation.

Should I buy OGE stock in 2026?

Our dual AI analysis gives Oge Energy Corp.. a combined SELL rating for 2026. Revenue is data pending, with profitability above sector average. Always conduct your own research.

What is OGE's free cash flow?

Oge Energy Corp..'s operating cash flow is $1.1B, with capital expenditures of $1.1B. FCF margin is 2.5%.

How does OGE compare to other Utilities stocks?

Vs Utilities sector averages: Net margin 14.4% (avg: 12%), ROE 9.5% (avg: 10%), current ratio 0.78 (avg: 0.8).

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Disclaimer: This analysis is generated by Claude AI (Anthropic) and ChatGPT (OpenAI) based on publicly available SEC EDGAR filings. It does not include stock price data and should not be considered financial advice. All fundamental data is sourced from SEC public domain filings. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Data Source: SEC EDGAR | Analysis Date: Apr 13, 2026 | Data as of: 2025-12-31 | Powered by Claude AI