Last $69.31 USD
Change Today -0.92 / -1.31%
Volume 164.8K
OGE On Other Exchanges
Symbol
Exchange
Frankfurt
As of 8:04 PM 05/24/13 All times are local (Market data is delayed by at least 15 minutes).

oge energy corp (OGE) Snapshot

Open
$69.90
Previous Close
$70.23
Day High
$70.21
Day Low
$69.14
52 Week High
05/3/13 - $73.18
52 Week Low
06/25/12 - $50.23
Market Cap
6.8B
Average Volume 10 Days
319.9K
EPS TTM
$3.44
Shares Outstanding
98.8M
EX-Date
07/9/13
P/E TM
20.1x
Dividend
$1.67
Dividend Yield
2.34%
Current Stock Chart for OGE ENERGY CORP (OGE)

oge energy corp (OGE) Related Businessweek News

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oge energy corp (OGE) Details

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 3 business segments: Electric Utility, Natural Gas Transportation and Storage, and Natural Gas Gathering and Processing. The company is involved in the generation, transmission, distribution, and sale of electric energy in Oklahoma and western Arkansas; and gathering, processing, transporting and storing natural gas. It also furnishes retail electric service in 268 communities and their contiguous rural and suburban areas; and operates coal-fired and natural gas-fired units, as well as wind-powered units. As of December 31, 2012, the company owned and operated 10 generating stations with an aggregate capability of 6,807 megawatts; and a transmission system comprising 51 substations and 4,426 structure miles of lines in Oklahoma, and 7 substations and 279 structure miles of lines in Arkansas. Its distribution system consisted of 353 substations, 29,103 structure miles of overhead lines, 2,110 miles of underground conduit, and 10,580 miles of underground conductors in Oklahoma, as well as 38 substations, 2,778 structure miles of overhead lines, 219 miles of underground conduit, and 700 miles of underground conductors in Arkansas. The company also owned approximately 6,640 miles of intrastate natural gas gathering pipelines in Oklahoma and Texas; approximately 2,284 miles of intrastate natural gas transportation pipelines in Oklahoma; and 2 underground natural gas storage facilities, and 9 operating natural gas processing plants in Oklahoma. It serves residential, commercial, industrial, oilfield, public authorities, and street light customers. OGE Energy Corp. was founded in 1995 and is based in Oklahoma City, Oklahoma.

3,377 Employees
Last Reported Date: 02/27/13
Founded in 1995

oge energy corp (OGE) Top Compensated Officers

Chairman, Chief Executive Officer, President,...
Total Annual Compensation: $885.0K
Chief Financial Officer and Vice President
Total Annual Compensation: $478.4K
President of Enogex Holdings LLC, President o...
Total Annual Compensation: $345.0K
Chief Operating Officer of Enogex LLC
Total Annual Compensation: $306.6K
Vice President of Utility Operations - OG&E
Total Annual Compensation: $295.0K
Compensation as of Fiscal Year 2012.

oge energy corp (OGE) Key Developments

OGE Energy Corp. Approves the Amendment to the Restated Certificate of Incorporation

OGE Energy Corp. at the annual meeting of shareholders held on May 16, 2013, approved the amendment to the Restated Certificate of Incorporation to increase the number of authorized common stock from 225,000,000 to 450,000,000.

OGE Energy Corp. Declares Post-Split Quarterly Dividend Payable on July 30, 2013

The board of OGE Energy Corp. declared a post-split quarterly dividend of 20.875 cents per common share of stock, to be paid on July 30, 2013 to shareholders of record on July 11, 2013.

Federal Energy Regulatory Commission Issues Order to OGE Energy Corp

Federal Energy Regulatory Commission announced that on April 29, 2013, OGE Energy Corp. filed the letter and requested approval of proposed journal entries to clear account 102, electric plant purchased or sold, relating to the purchase of electric distribution facilities from the Tinker Air Force Base in Oklahoma. The company's proposed journal entries are approved. This accounting approval is for accounting purposes only and is not intended to influence the outcome of any rate treatment that may be established for this transaction. The company announced that the electric distribution facilities were acquired for approximately $10,118,500, which equals the facilities' original cost less accumulated depreciation, i.e., net book value. The company’s proposed journal entries clear the purchase through account 102 and record the original cost and related accumulated depreciation of the assets on its books consistent with electric plant instruction no. 5. The commission delegated authority to act on this matter to the director of the office of enforcement or his designee under 18 C.F.R. section 375.311 (2012).

 

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OGE

Industry Average

Valuation OGE Industry Range
Price/Earnings 20.2x
Price/Sales 1.8x
Price/Book 2.5x
Price/Cash Flow 9.6x
TEV/Sales 0.8x
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