OGE Energy Corp

OGE: XNYS (USA)
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Morningstar Rating for Stocks Fair Value Economic Moat Capital Allocation
$68.00JkzrrhNyzcmhpfw

OGE Energy: Improving Regulatory Outcomes, Core Demand Growth Outlook Support Narrow Moat

We are upgrading OGE Energy's Morningstar Moat Rating to Narrow from None to reflect what we consider a more constructive regulatory outlook and attractive long-term electricity demand growth that should boost shareholder returns. OGE's exit from the midstream oil and gas business, which we considered to have no economic moat, also supported our upgrade.

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