OGE Energy Stock

OGE Energy ROA 2024

OGE Energy ROA

0.03

Ticker

OGE

ISIN

US6708371033

WKN

858352

In 2024, OGE Energy's return on assets (ROA) was 0.03, a -38.59% increase from the 0.05 ROA in the previous year.

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.

ROA Details

Understanding OGE Energy's Return on Assets (ROA)

OGE Energy's Return on Assets (ROA) is a key performance indicator that measures the company's profitability in relation to its total assets. It is calculated by dividing the net income by the total assets. A higher ROA indicates efficient asset utilization to generate profits, reflecting managerial effectiveness and financial health.

Year-to-Year Comparison

Comparing OGE Energy's ROA year-over-year provides insights into the company’s operational efficiency and asset utilization trends. An increasing ROA demonstrates enhanced asset efficiency and profitability, while a declining ROA can indicate operational or financial challenges.

Impact on Investments

Investors consider OGE Energy's ROA as a crucial metric to evaluate the company’s profitability and efficiency. A higher ROA signifies that the company is effectively utilizing its assets to generate profits, making it a potentially attractive investment.

Interpreting ROA Fluctuations

Variations in OGE Energy’s ROA can be attributed to changes in net income, asset purchases, or operational efficiencies. Analyzing these fluctuations assists in assessing the company's financial performance, management efficiency, and strategic financial positioning.

Frequently Asked Questions about OGE Energy stock

What is the Return on Assets (ROA) of OGE Energy this year?

The Return on Assets (ROA) of OGE Energy is 0.03 undefined this year.

What was the ROA of OGE Energy compared to the previous year?

The ROA of OGE Energy has increased by -38.59% compared to the previous year.

What consequences do high ROA have for investors of OGE Energy?

A high ROA is advantageous for investors of OGE Energy, as it indicates that the company efficiently utilizes its assets and generates good profits.

What are the consequences of low ROA for investors in OGE Energy?

A low ROA can be unfavorable for investors of OGE Energy as it indicates that the company is inefficiently utilizing its assets and may potentially achieve lower profits.

How does an increase in the ROA of OGE Energy affect the company?

An increase in ROA of OGE Energy can be an indicator of improved efficiency in asset utilization and higher profitability.

How does a reduction in ROA of OGE Energy impact the company?

A reduction in the ROA of OGE Energy can be an indicator of lower asset efficiency and profitability.

What are some factors that can influence the ROA of OGE Energy?

Some factors that can influence the ROA of OGE Energy include revenue, operating costs, asset structure, and industry average.

Why is the ROA of OGE Energy important for investors?

The ROA of OGE Energy is important for investors as it is an indicator of the company's profitability and efficiency in utilizing assets. It provides investors with information on how well the company utilizes its resources to generate profits.

What strategic measures can OGE Energy take to improve ROA?

To improve ROA, OGE Energy can take measures such as cost savings, revenue growth, optimizing asset structure, and diversifying its business activities. It is important for the company to conduct a thorough review of its financial situation to determine the best strategic measures to improve ROA.

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.