OGE Energy Corp
OGE: XNYS (USA)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
$61.00 | Qxzt | Vxcjphcc |
OGE Energy Benefiting From Industry-Leading Electricity Demand Growth
Business Strategy and Outlook
OGE Energy completed its long transition to a fully regulated all-electric utility in late 2022 when it finished selling the 95 million Energy Transfer partnership units it acquired in a swap transaction for its stake in midstream firm Enable. Utilities investors should be more comfortable with OGE now that it is a pure play regulated electric utility.