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Stock Charts AI Power Rank: 9.4
Power Rank trend -> Rising
07/26/2024 16:10:00 EST
OGE Energy Corporation (OGE)
Industry: Utilities - Regulated Electric
Follow @stockchartsai on TwitterPrice Support Resistance
In the past 20 trading days, OGE has been trading in a range between $37.38 and $34.94 (gray range band). Red lines on the chart represent key resistance levels and Green lines represent key support levels. As the price moves above the lines you will notice they turn green and red if price moves below a line.
OGE is breaking above top of the recent 20 day range at $37.38 and appears that it could have some more upside. If it enters a yellow zone the trend may be faltering - consider exiting or taking profits. If it enters a red zone on the chart we would exit the position.
Upside / Downside Potential
OGE Energy Corporation $OGE entered a Green zone 13 days ago on the AI powered stock chart. Wall Street analysts have an AVG target price $35.43, a potential down side of -7.57% from the recent price of 38.33. The stock is trading 0.5% (potential upside) below its 52 week high of $38.52 and 28.8 % (potential downside) above its 52 week low of $29.76 - based on the recent price.
Company Summary
OGE Energy Corp, together with its subsidiaries, operates as an energy services provider in the United States. The company generates, transmits, distributes, and sells electric energy.
News
| OGE Energy: Regional Energy Provider Proves A Strong Choice For Conservative Investors OGE Energy provides electric utilities to 900,000 customers in Oklahoma and Western Arkansas. It covers a large land area, but serves relatively few customers. Source: Investors Business Daily Wed, 24 Jul 2024 14:55:33 -0400 Sentiment: Neutral |
| OGE Energy Corp. second quarter 2024 earnings webcast OKLAHOMA CITY , July 9, 2024 /PRNewswire/ -- OGE Energy Corp. (NYSE: OGE) will hold its quarterly earnings and business update conference call at 9 a.m. Eastern Time (8 a.m. Source: PRNewsWire Tue, 09 Jul 2024 16:30:00 -0400 Sentiment: Neutral |
| OGE Energy: Interest Expenses Dragging On Results, But Valuation Has Improved OGE Energy Corp. primarily serves Oklahoma and western Arkansas, with a customer base of approximately 900,000, benefiting from population growth due to remote work trends. The stock price has appreciated by 5.49% since October 2023 but underperformed the S&P 500 Index, offering a forward dividend yield of 4.73%. The company's customer base and electricity consumption are growing, with revenue increasing by 7.11% year-over-year, but net income growth is impacted by rising interest expenses. Source: Seeking Alpha Tue, 02 Jul 2024 16:36:28 -0400 Sentiment: Positive |
| PNW vs. OGE: Which Stock Is the Better Value Option? Investors interested in stocks from the Utility - Electric Power sector have probably already heard of Pinnacle West (PNW) and OGE Energy (OGE). But which of these two stocks offers value investors a better bang for their buck right now? Source: Zacks Investment Research Mon, 17 Jun 2024 12:40:20 -0400 Sentiment: Positive |
| PNW vs. OGE: Which Stock Should Value Investors Buy Now? Investors interested in stocks from the Utility - Electric Power sector have probably already heard of Pinnacle West (PNW) and OGE Energy (OGE). But which of these two companies is the best option for those looking for undervalued stocks? Source: Zacks Investment Research Fri, 31 May 2024 12:40:24 -0400 Sentiment: Positive |
Technicals 52 Week Hi: 38.52 52 Week Low: 29.7567 Beta: 0.727 50 Day MA: 36.0404 200 Day MA: 34.6358 Earnings / Revenue Trends Qtr Earnings Growth YOY: -0.526 Qtr Revenue Growth YOY: 0.071 Forward PE: 15.3139 Trailing PE: 19.1206