OGE Energy (OGE)

Utilities · Utilities - Regulated Electric
$45.84 +1.93% on the day Market cap $9.6B 52-week range $41.70 to $50.59 Prices as of Oct 7, 2026

What the price implies

A reverse DCF: instead of guessing a fair value, it asks what growth today's price already assumes. How it works.

Free cash flow growth the price needs
28% a year for 10 years

At a market value of $9.6B, OGE Energy's free cash flow of $83M (fiscal 2025) would need to grow about 28% a year for the stock to be worth today's price. That is faster than the company has grown its free cash flow over the last 7 years.

Assumes a 9% discount rate and 3% growth after year 10, on free cash flow (operating cash flow minus capital spending) from OGE Energy's SEC filings. Change any assumption, or model revenue and margins instead, in the Modeling tab, or try your own numbers in the reverse DCF calculator.

Implied by the price28.4% a year
Free cash flow, last 7 years-19.5% a year
Revenue, same period5.4% a year
Price to free cash flow116.1x

Fundamental grade

D

Five factors scored 1 to 9 from OGE's latest numbers, weighted into one grade. It describes the business, not whether the stock is a buy.

Valuation5
Profitability7
Growth0
Financial health2
Cash efficiency4

Key numbers

P/E (trailing)20.7x
P/E (forward)18.9x
Price / free cash flow116.1x
EV / EBITDA11.2x
Price / sales3.01x
Price / book1.92x
Revenue growth-0.6%
Operating margin24.4%
Net margin14.4%
Return on equity9.3%
Dividend yield3.7%
Debt / equity1.93x

Results from SEC filings

Fiscal years, from OGE Energy's 10-K filings. The deep dive has 15+ years, quarters and every line.

Fiscal year20212022202320242025
Revenue$3.6B$3.3B$2.6B$2.9B$3.2B
Net income$737M$666M$417M$442M$471M
Free cash flow-$1.0B-$98M$54M-$278M$83M
EPS (diluted)$3.68$3.32$2.07$2.19$2.32
Operating margin15.2%19.7%24.9%25.6%25.1%

Superinvestors who own OGE

From each investor's latest 13F filing (what a 13F shows). 3 of the investors we track hold it.

InvestorLast quarterValue% of portfolioQuarter
Hersh Cohen
ClearBridge Investments
Added $321M0.26%Q2 2026
Cliff Asness
AQR Capital Management
Added $245M0.08%Q2 2026
Joel Greenblatt
Gotham Asset Management
Trimmed $31M0.07%Q2 2026

Insider buying

Open-market purchases by OGE Energy's executives and directors in the last 12 months, from SEC Form 4 filings. What insider buying tells you.

DateInsiderSharesPriceValue
Feb 23, 2026 Lyle G Ganske
10,420$47.99$500,056

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In the full deep dive

DCF fair value per share
Yearly return (IRR) at today's price
Growth implied by revenue and margins
15+ years of statements and quarters

Questions

What growth does OGE Energy's stock price imply?

At a market value of $9.6B, OGE Energy would need its free cash flow to grow about 28% a year for 10 years (discounted at 9%, 3% growth after that) to be worth today's price. Over the last 7 years its free cash flow grew -19% a year.

Are OGE Energy insiders buying the stock?

1 open-market insider purchase of OGE in the last 12 months, from SEC Form 4 filings.

Which superinvestors own OGE Energy?

3 of the superinvestors Investingly tracks hold OGE in their latest 13F, including Hersh Cohen, Cliff Asness, Joel Greenblatt.

Prices and ratios as of Oct 7, 2026; statements from SEC filings. Information only, not investment advice. Superinvestor holdings come from 13F filings, which are filed up to 45 days after each quarter ends.