What is the price-to-earnings ratio of OGE Energy?
The price-earnings ratio of OGE Energy is currently 16.9.
OGE Energy P/E 2024
OGE Energy P/E
16.9
Ticker
OGE
ISIN
US6708371033
WKN
858352
As of Aug 11, 2024, OGE Energy's P/E ratio was 16.9, a 0.12% change from the 16.88 P/E ratio recorded in the previous year.
The OGE Energy P/E history
OGE Energy Aktienanalyse
What does OGE Energy do?
OGE Energy Corp is an energy company based in Oklahoma City, USA. Founded in 1902, the company has a long history of growth and progress. OGE Energy Corp is an integrated energy company that provides electricity and natural gas to residential and business customers in Oklahoma. The company consists of two main business segments: OG&E and Enable Midstream. OG&E is the largest electricity provider in Oklahoma, offering a wide range of electricity rates and options to its customers. The company operates over 6,800 miles of transmission lines and over 81,000 miles of distribution lines in Oklahoma and western Arkansas. OG&E serves residential, business, and municipal customers. Enable Midstream is a natural gas infrastructure company that was founded in 2013 as a joint venture between OG&E and CenterPoint Energy. The company operates a wide range of infrastructure facilities, including pipelines, compressor stations, and processing plants. Enable Midstream's services also include the transportation of hydrocarbons and natural gas, natural gas processing, and natural gas storage. OGE Energy Corp offers its customers a variety of products and services, including electricity and natural gas rates, energy-saving programs and services, and online tools for managing energy consumption. The company also works closely with government agencies and other organizations to support renewable energy programs and promote the use of electric vehicles. Over the years, OGE Energy Corp has become a leading energy company in the region and has expanded its business to other states such as Arkansas and Texas. The company has ambitious goals for the coming years and plans to continue focusing on the development of renewable energy resources and increasing its commitment to environmental protection and sustainability. Overall, OGE Energy Corp is an integrated energy company that provides electricity and natural gas to customers in Oklahoma and beyond. The company has a long history of success and growth and offers its customers a wide range of products and services. OGE Energy Corp plans to maintain its leading position in the energy industry and increase its commitment to renewable energy and sustainability. OGE Energy ist eines der beliebtesten Unternehmen auf Eulerpool.com.P/E Details
Deciphering OGE Energy's P/E Ratio
The Price to Earnings (P/E) Ratio of OGE Energy is a vital metric that investors and analysts use to determine the company’s market value relative to its earnings. It is calculated by dividing the current stock price by the earnings per share (EPS). A higher P/E ratio could suggest that investors are expecting higher future growth, while a lower ratio may indicate a potentially undervalued company or lower growth expectations.
Year-to-Year Comparison
Assessing OGE Energy's P/E ratio on a yearly basis provides insights into the valuation trends and investor sentiment. An increasing P/E ratio over the years signifies growing investor confidence and expectations for future earnings growth, while a decreasing ratio may reflect concerns over the company's profitability or growth prospects.
Impact on Investments
The P/E ratio of OGE Energy is a key consideration for investors aiming to balance risk and reward. A comprehensive analysis of this ratio, in conjunction with other financial indicators, aids investors in making informed decisions regarding buying, holding, or selling the company’s stocks.
Interpreting P/E Ratio Fluctuations
Fluctuations in OGE Energy’s P/E ratio can be attributed to various factors including changes in earnings, stock price movements, and shifts in investor expectations. Understanding the underlying reasons for these fluctuations is essential for predicting future stock performance and assessing the company's intrinsic value.
Frequently Asked Questions about OGE Energy stock
How has the price-earnings ratio of OGE Energy changed compared to last year?
The price-to-earnings ratio of OGE Energy has increased by 0.12% increased compared to last year.
What consequences does a high price-earnings ratio have for investors?
A high price-to-earnings ratio indicates that the company's stock is relatively expensive and investors may potentially achieve a lower return.
What does a low price-earnings ratio mean?
A low price-earnings ratio means that the company's stock is relatively cheap and investors may potentially achieve a higher return.
Is the price-earnings ratio of OGE Energy high compared to other companies?
Yes, the price-to-earnings ratio of OGE Energy is high compared to other companies.
How does an increase in the price-earnings ratio of OGE Energy affect the company?
An increase in the price-earnings ratio of OGE Energy would lead to a higher market capitalization of the company, which in turn would lead to a higher valuation of the company.
How does a reduction in the price-to-earnings ratio of OGE Energy affect the company?
A decrease in the price-earnings ratio of OGE Energy would result in a lower market capitalization of the company, which in turn would lead to a lower valuation of the company.
What are some factors that influence the price-earnings ratio of OGE Energy?
Some factors that influence the price-earnings ratio of OGE Energy are the company's growth, financial position, industry development, and the overall economic situation.
How much dividend does OGE Energy pay?
Over the past 12 months, OGE Energy paid a dividend of 2.08 USD . This corresponds to a dividend yield of about 5.29 %. For the coming 12 months, OGE Energy is expected to pay a dividend of 2.23 USD.
What is the dividend yield of OGE Energy?
The current dividend yield of OGE Energy is 5.29 %.
When does OGE Energy pay dividends?
OGE Energy pays a quarterly dividend. This is distributed in the months of November, February, May, August.
How secure is the dividend of OGE Energy?
OGE Energy paid dividends every year for the past 25 years.
What is the dividend of OGE Energy?
For the upcoming 12 months, dividends amounting to 2.23 USD are expected. This corresponds to a dividend yield of 5.68 %.
In which sector is OGE Energy located?
OGE Energy is assigned to the 'Utilities' sector.
Wann musste ich die Aktien von OGE Energy kaufen, um die vorherige Dividende zu erhalten?
To receive the latest dividend of OGE Energy from 7/26/2024 amounting to 0.418 USD, you needed to have the stock in your portfolio before the ex-date on 7/8/2024.
When did OGE Energy pay the last dividend?
The last dividend was paid out on 7/26/2024.
What was the dividend of OGE Energy in the year 2023?
In the year 2023, OGE Energy distributed 1.644 USD as dividends.
In which currency does OGE Energy pay out the dividend?
The dividends of OGE Energy are distributed in USD.
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Andere Kennzahlen von OGE Energy
Our stock analysis for OGE Energy Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of OGE Energy Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.
