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NYSE · Utilities

OGE ENERGY CORP. (OGE)

As-reported financials and SEC filings for OGE ENERGY CORP. The latest annual period is FY2025. The latest reported quarter is Q1 FY2026. Financial statements come straight from the company’s EDGAR filings; valuation figures such as P/E and market cap use market data.

About OGE ENERGY CORP.

OGE Energy Corp. is a holding company whose primary business is providing electricity through its subsidiary, Oklahoma Gas and Electric Company (OG&E). OG&E generates, transmits, distributes, and sells electric energy to approximately 913,000 customers in Oklahoma and western Arkansas. The company serves residential, commercial, industrial, oilfield, and public authority customers, with its operations regulated by state and federal agencies.

Snapshot

Revenue
$3.19B
Revenue growth (YoY)
9.4%
Net income
$470.7M
Diluted EPS
$2.32
Gross margin
60.5%
Operating margin
25.1%
Net margin
14.8%
FCF margin
2.6%
ROE
9.5%
net income / fiscal-year-end equity
P/E
20.6×
trailing when available, otherwise FY EPS
Market cap
$9.69B
Long-term debt / equity
1.08×
non-current term debt only

Fundamentals are from SEC filings for FY2025, the latest annual period (ended December 31, 2025). P/E and market cap are derived from stored market prices, last retrieved on a rolling basis and typically within the past week.

What changed at Oge Energy

  • Revenue grew 9.4% to $3.2B in FY2025, slower than the 11.9% the year before.
  • Operating margin is 25.1% in FY2025, +9.9 pp against 15.2% in FY2021.
  • Most recent quarter Q1 FY2026: revenue $737M, down 0.6% from Q1 FY2025.
  • Free cash flow was $83M in FY2025, 2.6% of revenue.
  • Net income rose 6.6% to $471M in FY2025.

Computed from the as-reported figures in the statements below. A change we cannot state from filed figures is left out rather than estimated.

Peer comparison

Where Oge Energy’s fundamentals sit among the 98 Utilities companies. Each figure is ranked only against peers that report it, from lowest (left) to highest (right).

Gross margin60.5%
68th percentile of 26
Operating margin25.1%
71st percentile of 86
Net margin14.8%
66th percentile of 91
FCF margin2.6%
65th percentile of 76
Revenue growth (YoY)+9.4%
53rd percentile of 94
ROE9.5%
61st percentile of 89
P/E20.6×
43rd percentile of 83
Long-term debt / equity1.08×
41st percentile of 84
Short interest7.47d
77th percentile of 98

No reported insider purchases (code P) in the last 90 days; 1 insider sale totaling $300,086. For context, about 14% of companies in the universe saw any reported insider purchase (code P) in the same window. Browse insider activity →

Percentiles describe where a figure sits among sector peers reporting it (100th = highest). They are position within a peer group, not a rating, and not investment advice. Short interest ranking uses days to cover from FINRA Consolidated Short Interest data; FINRA is the owner and source of that data, included at no additional charge.

Institutional ownership

Held by 2 of the superinvestors we track (plus 6 quant / multi-strat books), based on each investor’s most recent 13F; periods vary by investor (newest: Q2 2026).

Conviction investors
2
+6 quant / multi-strat
Initiated / added
5
0 new, 5 added
Reduced / exited
4
3 trimmed, 1 exited
Combined position
$416.5M
reported long value
InvestorAs ofPosition valueSharesChange
AQR Capital ManagementquantQ2 2026$245.1M5.0MAdded
Citadel AdvisorsquantQ2 2026$56.4M1.2MAdded
Point72 Asset ManagementquantQ2 2026$56.2M1.2MAdded
Gotham Asset ManagementQ2 2026$31.4M645.0KReduced
Millennium ManagementquantQ2 2026$25.0M514.2KAdded
Bridgewater AssociatesQ2 2026$1.1M21.8KReduced
Two Sigma InvestmentsquantQ2 2026$676,37413.9KReduced
D. E. ShawquantQ2 2026$638,41913.1KAdded

No longer held by: Renaissance Technologies (as of Q2 2026)

From quarterly Form 13F filings, which can be up to 45 days delayed. Long US-listed positions only: excludes short positions, options, cash, bonds, and non-US holdings, so this is not a manager’s complete portfolio. Counts are of the investors we track, not all institutions. Not investment advice.

Recent insider activity

Non-derivative buys and sells (codes P/S) reported by officers, directors and 10% owners on SEC Form 4.

Buys (90d)
0
code P
Bought (90d)
code P value
Sells (90d)
1
$300K
Reported activity
Net selling
by $ value, 90d
Trade dateInsiderTypeSharesPriceValue
2026-08-27
filed 2026-08-31
Jones Donnie O.SVP- Utility Operations (OG&E)Sell6.5K$46.11$300K
2026-05-21
filed 2026-05-22
SULTEMEIER WILLIAM HGC, Corp. Sec, CCOSell7.3K$47.97$352K

Reported non-derivative purchases and sales (codes P/S) — which may be open-market or private; excludes option exercises, grants, and shares withheld for taxes. Dates shown are the trade date; a Form 4 can be filed days to years later. A sale can be routine (e.g. a pre-set 10b5-1 plan), so read individual transactions in context. From SEC Form 4. Not investment advice.

Short interest

Total shares sold short as of each twice-monthly FINRA settlement. Rising short interest means more investors are positioned against the stock; days to cover estimates how many trading days of average volume that position represents.

Shares short
10.0M
settled 2026-08-14
Change vs prior
+4.9%
vs previous settlement
Days to cover
7.47
at avg daily volume
Avg daily volume
1.3M
FINRA reported
SettlementShares shortChangeDays to cover
2026-08-1410.0M+4.9%7.47
2026-07-319.5M+0.8%6.80
2026-07-159.5M+3.8%6.95
2026-06-309.1M-7.0%5.81
2026-06-159.8M-7.4%7.03
2026-05-2910.6M+3.8%8.25
2026-05-1510.2M+4.2%6.82
2026-04-309.8M+12.2%5.99

Source: FINRA Consolidated Short Interest. FINRA is the owner and source of the FINRA-supplied data, which is included at no additional charge for your own personal or professional use; republishing or redistributing it is not permitted. Settlement dates are shown; FINRA publishes each settlement about nine business days later, so the latest figure can be two to four weeks old. Not presented as a percentage of float. No FINRA endorsement of this product is implied. Not investment advice.

Income statement (as reported)

 FY2025FY2024FY2023FY2022FY2021
Revenue$3.19B$2.92B$2.61B$3.30B$3.59B
Gross profit$1.93B$1.84B$1.70B$1.64B$1.46B
Operating income$799.4M$745.3M$650.2M$649.5M$544.2M
Net income$470.7M$441.5M$416.8M$665.7M$737.3M
Diluted EPS$2.32$2.19$2.07$3.32$3.68

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Balance sheet (as reported)

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Cash flow (as reported)

 FY2025FY2024FY2023FY2022FY2021
Operating cash flow$1.14B$812.8M$1.23B$952.4M$-229.9M
Capital expenditure$1.05B$1.09B$1.18B$1.05B$778.5M
Free cash flow$82.7M$-278.1M$54.1M$-98.5M$-1.01B

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Quarterly trend (as reported)

QuarterRevenueRevenue YoYNet incomeDiluted EPS
Q1 FY2026$736.7M-0.6%$50.2M$0.24
Q4 FY2025$701.7M-5.8%$69.2M$0.34
Q3 FY2025$1.03B8.8%$231.3M$1.14
Q2 FY2025$719.7M11.7%$107.5M$0.53
Q1 FY2025$741.1M27.2%$62.7M$0.31
Q4 FY2024$744.7M35.3%$101.9M$0.51
Q3 FY2024$945.2M2.4%$218.7M$1.09
Q2 FY2024$644.1M9.3%$102.3M$0.51

Latest 8 reported quarters, from company XBRL filings on SEC EDGAR.

Company facts

ExchangeNYSE
SectorUtilities
SIC industryElectric Services
Latest annual periodFY2025 (ended December 31, 2025)
Latest reported quarterQ1 FY2026 (ended March 31, 2026)
Oldest indexed filing2014
SEC CIK1021635

Selected SEC filings

10-K2026-02-18
View on EDGAR →
10-Q2026-07-29
View on EDGAR →
10-Q2026-04-29
View on EDGAR →
8-K2026-08-03
View on EDGAR →
8-K2026-07-29
View on EDGAR →
8-K2026-06-15
View on EDGAR →
8-K2026-05-14
View on EDGAR →

Largest Utilities peers

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Data sourced from SEC EDGAR. Figures are as-reported and may be unaudited or restated; verify against the source filing before relying on them. Informational only. Not investment advice.