OGE

Earnings Call Announcement: OGE Energy Corp. will hold its quarterly earnings and business update conference call on April 30, 2025, at 9 a.m. Eastern Time, accessible via their website.

Company Overview: OGE Energy Corp. is the parent company of OG&E, serving approximately 907,000 customers in Oklahoma and western Arkansas.

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OGE Energy Corp Dividend Details: OGE Energy Corp pays an annualized dividend of $1.685 per share, distributed quarterly, with its latest ex-dividend date noted as April 7, 2025; analyzing past dividend history is crucial for assessing the sustainability of current dividends.

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Analyst Update: Barclays analyst Nicholas Campanella increased the price target for OGE Energy from $42 to $44 while maintaining an Equal Weight rating, suggesting that the shares are fairly valued.

Market Insights: The update follows Q4 reports and reflects a broader analysis of the power and utilities sector, with other firms also raising their price targets for OGE Energy.

Analyst Ratings: Barclays analyst Nicholas Campanella has maintained a Hold rating on OGE Energy with a price target of $44.00, while the current consensus is a Moderate Buy with an average price target of $45.00, indicating a slight downside from the current share price of $45.15.

Company Performance: OGE Energy reported a significant increase in quarterly revenue to $760.5 million and a net profit of $101.9 million for the quarter ending December 31, compared to $566.7 million in revenue and $48.2 million in profit from the previous year.

Conference Call Announcement: OGE Energy Corp. will hold a conference call on February 19, 2025, at 9:00 AM ET to discuss its Q4 24 earnings results.

Webcast Access: The live webcast for the conference call can be accessed through OGE's investor relations website.

Earnings Call Announcement: OGE Energy Corp. will hold its quarterly earnings and business update conference call on February 19, 2025, at 9 a.m. Eastern Time.

Company Overview: OGE Energy Corp. is the parent company of OG&E, serving approximately 905,000 customers in Oklahoma and western Arkansas.

Earnings Call Announcement: OGE Energy Corp. will hold its quarterly earnings and business update conference call on February 19, 2025, at 9 a.m. Eastern Time.

Company Overview: OGE Energy Corp. is the parent company of OG&E, serving approximately 905,000 customers in Oklahoma and western Arkansas.

OGE Energy Corp Lobbying Disclosure: OGE Energy Corp disclosed $70,000 in lobbying expenses for Q4 2024, focusing on various issues including the Endangered Species Act, emissions regulations, energy provisions of the Inflation Reduction Act, and utility resilience.

Insider Trading and Institutional Holdings: In the past six months, OGE insiders have made one stock sale with no purchases, while institutional investors showed mixed activity, with 211 adding shares and 212 reducing their positions.

Stock Performance: OGE Energy Corp's shares have surpassed the average analyst 12-month target price of $41.22, currently trading at $41.28, prompting analysts to consider either downgrading their valuation or raising their target prices based on the company's performance.

Analyst Insights: There is a range of analyst targets for OGE, from as low as $35.00 to as high as $46.00, indicating differing opinions on the stock's future potential and suggesting that investors should evaluate whether to hold or sell based on current valuations.

Stock Market Performance: In pre-market trading, Stevanato Group (STVN) rose 16.6% and Clearway Energy (CWEN.A) increased by 5.6%, while Bausch + Lomb (BLCO) and OGE Energy (OGE) saw declines of 9.9% and 4.9%, respectively. S&P 500 futures were slightly up by 0.02%, with the Dow futures down 0.20%.

Commodities and Global Markets: Brent crude oil and gold futures fell by 0.29% and 0.55%, respectively, while Bitcoin increased by 0.67%. European stocks showed positive movement, with the STOXX Europe 600 Index up 0.33% and the FTSE 100 Index rising 0.23%.

New CFO Appointment: OGE Energy Corp. has appointed Charles Walworth as Chief Financial Officer and Treasurer, effective December 4, 2024, after his 25-year tenure with the company in various finance roles.

Dividend Announcement: The company's board approved a first quarter dividend of $0.42125 per common share, to be paid on January 31, 2025, to shareholders of record on January 6, 2025.

New CFO Appointment: OGE Energy Corp. has appointed Charles Walworth as Chief Financial Officer and Treasurer, effective December 4, 2024, following a 25-year career with the company in various finance roles.

Dividend Announcement: The company's board approved a first quarter dividend of $0.42125 per common share, to be paid on January 31, 2025, to shareholders recorded on January 6, 2025.

New CFO Appointment: OGE Energy Corp. has appointed Charles Walworth as Chief Financial Officer and Treasurer, effective December 4, 2024, recognizing his extensive experience and leadership within the company.

Quarterly Dividend Declared: The Board of Directors approved a quarterly dividend of $0.42125 per common share, scheduled for payment on January 31, 2025, to shareholders recorded by January 6, 2025.

OGE Energy Corp. Performance: OGE Energy shares have increased by 28% over three years, with a 27% gain in the last year, despite a decline in earnings per share (EPS) of 6.5% annually and a revenue drop of 7.3% per year.

Total Shareholder Return (TSR): The total shareholder return for OGE Energy over the past three years was 46%, primarily due to dividends, indicating that while share price growth may slow, the company remains worth monitoring for long-term investment potential.

Conference Call Announcement: OGE Energy Corp. will hold a conference call on November 5, 2024, at 9:00 AM ET to discuss its Q3 24 earnings results.

Access Information: The live webcast can be accessed through the company's investor relations portal at https://www.oge.com/wps/portal/ord/investors/news-events.

Earnings Report: OGE Energy Corp. reported a decrease in third-quarter earnings to $218.7 million ($1.09 per share), down from $241.9 million ($1.20 per share) last year, and missed analyst expectations of $1.12 per share.

Revenue Growth: The company's revenue increased by 2.1% to $965.4 million compared to $945.4 million in the same quarter last year.

Earnings Report: OGE Energy Corp. reported a decrease in earnings for the third quarter of 2024, with net income of $218.7 million ($1.09 per diluted share) compared to $241.9 million ($1.20 per diluted share) in the same period last year, primarily due to higher operational costs and depreciation.

Future Outlook: The company anticipates strong load growth and warmer weather will lead to consolidated earnings at the top of its original guidance range of $2.06 to $2.18 per average diluted share for 2024, contingent on regulatory approvals and normal weather conditions.

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