OGE Energy Corp.

OGE Energy Corp.

OGEยทNYSE

$46.97

+1.2%
UtilitiesRegulated Electric

OGE Energy Corp., together with its subsidiaries, operates as an energy and energy services provider that offers physical delivery and related services for electricity, natural gas, crude oil, and natural gas liquids in the United States. The company generates, transmits, distributes, and sells electric energy. It provides retail electric service to approximately 879,000 customers, which covers a service area of approximately 30,000 square miles in Oklahoma and western Arkansas; and owns and operates coal-fired, natural gas-fired, wind-powered, and solar-powered generating assets. As of December 31, 2021, the company owned and operated interconnected electric generation, transmission, and distribution systems, including 16 generating stations with an aggregate capability of 7,207 megawatts; and transmission systems comprising 54 substations and 5,122 structure miles of lines in Oklahoma, and 7 substations and 277 structure miles of lines in Arkansas. Its distribution systems included 350 substations; 29,494 structure miles of overhead lines; 3,365 miles of underground conduit; and 11,125 miles of underground conductors in Oklahoma, as well as 29 substations, 2,795 structure miles of overhead lines, 349 miles of underground conduit, and 662 miles of underground conductors in Arkansas. The company was founded in 1902 and is based in Oklahoma City, Oklahoma.

At a Glance

Live Snapshot
Market Cap$9.69B
EPS2.3300
P/E Ratio20.16
Earnings Date07/29/2026
OGE Energy Corp.

OGE Energy Corp. Fair Value Envelope

OGE ยท NYSE

Our analysis suggests that OGE has a fair value of HIDDEN per share in the Base Case projection. With shares currently trading at $46.97, this represents a potential HIDDEN relative to our calculated worth for OGE Energy Corp..

Intrinsic Value
Current Price: $46.97

Owner Earnings Valuation Tool

Warren Buffett's Owner Earnings DCF analysis for intrinsic value calculation

Historical Financial Data

Base year metrics used for projections

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Projection Settings

Forecast period and terminal assumptions

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DCF Valuation Summary

Calculation flow from present value to intrinsic value per share

Present Value$8,421.4B
+ Cash & Equivalents$200.0K
Firm Value$8,421.4B
- Debt$5.7B
Equity Value$8,415.7B
/ Shares Outstanding201,459,938B
DCF Value$41.8K
UNDERVALUED BY 88837%

Owner Earnings Projections

Operating Cash Flow - Maintenance CapEx = Owner Earnings

Metric
Year 1
Year 2
Year 3
Year 4
Year 5
Year 6
Year 7
Year 8
Year 9
Year 10
Operating Cash Flow
$2.3B
$4.5B
$9.1B
$18.2B
$36.4B
$72.8B
$145.5B
$291.1B
$582.2B
$1,164.4B
Maintenance CapEx
-$421.8M
-$843.5M
-$1.7B
-$3.4B
-$6.7B
-$13.5B
-$27.0B
-$54.0B
-$108.0B
-$215.9B
Owner Earnings
$1.9B
$3.7B
$7.4B
$14.8B
$29.6B
$59.3B
$118.6B
$237.1B
$474.2B
$948.4B
Discount Factor
0.926
0.857
0.794
0.735
0.681
0.630
0.583
0.540
0.500
0.463
Present Value
$1.7B
$3.2B
$5.9B
$10.9B
$20.2B
$37.4B
$69.2B
$128.1B
$237.2B
$439.3B
Terminal Value represents 88.7% of Enterprise Value