OilStockReport
13 years ago
Update.
On a 12-month basis, the trend at OGE Energy looks less than great. At 24.7 days, it is 7.5 days worse than the five-year average of 17.2 days. The biggest contributor to that degradation was DIO, which worsened 7.8 days when compared to the five-year average.
Considering the numbers on a quarterly basis, the CCC trend at OGE Energy looks good. At 24.1 days, it is little changed from the average of the past eight quarters. With quarterly CCC doing better than average and the latest 12-month CCC coming in worse, OGE Energy gets a mixed review in this cash-conversion checkup.
OilStockReport
14 years ago
I little DD.
Equities research analysts at Barclays Capital Reiterate a “Overweight” rating for shares of OGE Energy Corp. (OGE) in a research note released to investors today.
OGE Energy Corp. is a public utility holding company. The company’s principal subsidiary is Oklahoma Gas and Electric Company, a regulated public utility engaged in the generation, transmission and distribution of electricity to retail and wholesale customers. Its other subsidiary is Enogex Inc. Enogex owns and operates natural gas transmission and gathering pipelines, has interests in several gas processing plants, markets electricity, natural gas and natural gas liquids and invests in the drilling for and production of crude oil and natural gas.
Shares of OGE Energy Corp. (OGE) are trading down -1.49% as of 12:37PM EDT, hitting 50.94. OGE Energy Corp. has a 52 week low of 33.87 and a 52 week high of 51.51. The companies last released earnings were 2.99 per share. were The company has a market cap of and a price-to-earnings ratio of 16.86.