OGE Energy recently filed its first base rate case in two years in Oklahoma. Management is requesting a $395 million rate increase, including an increase in its allowed return on equity to 10.5% from 9.5%.
OGE is making progress improving Oklahoma regulation so that it can execute its growth investment plan while continuing to grow the dividend.
Oklahoma's three-person, publicly elected utilities commission structure creates more regulatory risk than other utilities face.
|
Metric
|
OGE
|
AEP
|
CNP
|
|---|---|---|---|
Price/Earnings (Normalized) | 21.46 | 21.80 | 21.57 |
Price/Book Value | 2.03 | 2.22 | 2.32 |
Price/Sales | 3.10 | 3.12 | 2.83 |
Price/Cash Flow | 9.78 | 9.72 | 9.23 |
|
Metric
|
OGE
|
AEP
|
CNP
|
|---|---|---|---|
Quick Ratio | 0.41 | 0.28 | 0.35 |
Current Ratio | 0.77 | 0.50 | 1.12 |
Interest Coverage | 3.11 | 2.61 | 2.31 |
|
Metric
|
OGE
|
AEP
|
CNP
|
|---|---|---|---|
Return on Assets (Normalized) | 3.18% | 2.92% | 2.42% |
Return on Equity (Normalized) | 9.37% | 10.77% | 9.94% |
Return on Invested Capital (Normalized) | 6.29% | 6.47% | 5.72% |
|
1-Day Chart
|
Name
|
Price
|
Morningstar Rating for Stocks
|
Capital Allocation
|
Economic Moat
|
Market Cap
|
|---|---|---|---|---|---|---|
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NEE
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SO
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| Duke Energy Corp
DUK
| LOCK|!&xkD> | LOCK|Ksfsw | $98B | |||
| National Grid PLC ADR
NGG
| LOCK|MF^W!t | LOCK|QF>^ | $82B | |||
| American Electric Power Co Inc
AEP
| LOCK|NxTg!L | LOCK|<@RS | $71B | |||
| Dominion Energy Inc
D
| LOCK|pc%xk<# | LOCK|L?D< | $58B | |||
| Entergy Corp
ETR
| LOCK|F<%GR@ | LOCK|LqL< | $52B | |||
| Xcel Energy Inc
XEL
| LOCK|?jV?@> | LOCK|yZ$@ | $49B | |||
| Exelon Corp
EXC
| LOCK|$x><@$ | LOCK|h&NX | $46B | |||
| Consolidated Edison Inc
ED
| LOCK|t#l&>% | LOCK|#?c | $43B |
United States