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OGE Energy Corp

OGE: XNYS (USA)
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Morningstar Rating for Stocks Fair Value Economic Moat Capital Allocation
$23.00TmkxvNchvccwf

Utilities Finally Feel Heat From Rising Interest Rates; Sector Cheapest Since 2009

We are reaffirming our fair value estimates and economic moat ratings for all U.S. utilities after the sector fell nearly 5% on Monday. We think the sector's 11% drop since last week offers a rare opportunity for investors to buy high-quality utilities at very attractive prices.

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