OGE Energy Corp
OGE: XNYS (USA)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
$84.00 | Mzjszgk | Gldtvjmm |
OGE Reaches Another Constructive Regulatory Outcome in Oklahoma
Business Strategy and Outlook
OGE Energy completed its long transition to a fully regulated all-electric utility in late 2022 when it finished divesting its midstream gas business. Investors can now focus on electricity demand growth and rate regulation primarily in Oklahoma, which represents 90% of earnings.