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Top Insider Buys Highlight for the Week of Nov. 20
Insiders load up on Morgan Stanley, Enterprise Products Partners, Cincinnati Financial and OGE Energy
GuruFocus.com · 4d ago
OGE Energy Corp. Just Missed Earnings - But Analysts Have Updated Their Models
The analysts might have been a bit too bullish on OGE Energy Corp. (NYSE:OGE), given that the company fell short of...
Simply Wall St. · 11/09 11:26
OGE Energy EPS misses by $0.04, misses on revenue
OGE Energy (OGE): Q3 Non-GAAP EPS of $1.04 misses by $0.04; GAAP EPS of $0.89 misses by $0.19.Revenue of $702.1M (-7.1% Y/Y) misses by $47.12M.Press Release
Seekingalpha · 11/05 12:55
OGE Energy Q3 EPS $0.89, Ongoing EPS $1.04 vs $1.09 Estimate, Sales $702.10M Miss $753.83M Estimate
OGE Energy (NYSE:OGE) reported quarterly earnings of $0.89 per share which missed the analyst consensus estimate of $1.09 by 18.35 percent. This is a 28.8 percent decrease over earnings of $1.25 per share from the same
Benzinga · 11/05 11:20
OGE Energy Q3 2020 Earnings Preview
OGE Energy (NYSE:OGE) is scheduled to announce Q3 earnings results on Thursday, November 5th, before market open.The consensus EPS Estimate is $1.08 and the consensus Revenue Estimate is $749.22M (-0.8%
Seekingalpha · 11/04 18:46
Has OGE Energy (NYSE:OGE) Got What It Takes To Become A Multi-Bagger?
What trends should we look for it we want to identify stocks that can multiply in value over the long term? Firstly...
Simply Wall St. · 10/22 16:42
OGE Energy weighs Enable Midstream stake sale - Bloomberg
OGE Energy (OGE) has joined CenterPoint Energy (CNP) in considering a sale of its stake in Enable Midstream Partners (ENBL), putting the whole company on the block, Bloomberg reports.While CenterPoint
Seekingalpha · 10/20 20:47
OGE Is Said to Weigh Enable Midstream Sale With CenterPoint
OGE Energy Corp. has joined CenterPoint Energy Inc. in considering a sale of its stake in Enable Midstream Partners LP, putting the whole oil and gas pipeline company on the block, according to people familiar with the matter
Bloomberg · 10/20 17:43
OGE Energy Weighs Enable Midstream Sale Along With CenterPoint
(Bloomberg) -- OGE Energy Corp. has joined CenterPoint Energy Inc. in considering a sale of its stake in Enable Midstream Partners LP, putting the whole oil and gas pipeline company on the block, according to people familiar with the matterThe power companies are working with advisers, said the people, who asked to not be identified because the matter isn’t public. While CenterPoint has openly weighed an exit of Enable for years, OGE Energy is now aligned with that strategy, the people said. No final decision has been made and they could opt to hold on to Enable, they said.Together the companies own all of Enable’s general partner while CenterPoint owns 53.7% of its common units and OGE Energy owns 25.5% of its common units, according to its third-quarter investor presentation. The rest of its common units are held by public investors.Enable rose 1.3% to $4.61 at 10:54 a.m. Tuesday in New York trading, giving the company a market value of about $2.1 billion.A representative for OGE declined to comment. Representatives for Enable and CenterPoint didn’t respond to requests for comment.Pipeline companies structured as master limited partnerships such as Enable have fallen out of favor with investors because of depressed commodity prices and a weakening of the tax advantages they have traditionally enjoyed. That’s made it difficult for them to fund payouts to unit holders while continuing to invest in their operations.The Alerian Midstream Energy Index has fallen about 35% in the past year while Enable has declined about 58%.CenterPoint and OGE Energy formed Enable in 2013 to house their energy infrastructure, which today includes 15 processing plants and 14,000 miles of gathering pipelines, according to its investor presentation.CenterPoint formed a committee in May to conduct a broad review of its business strategy as part of a deal with the activist investor Elliott Management Corp. That committee is due complete that review this month.The company is reviewing options for its stake in Enable as it pushes to become more of a pure-play utility, CenterPoint Chief Executive Officer David Lasar said in an interview in July. It began trying to sell its stake in Enable as early as 2016.For its part, OGE Energy’s goal will always be to maximize the value of Enable for the long-term benefit of OGE Energy shareholders, Chief Executive Officer Sean Trauschke said during an earnings call in August. He said he wouldn’t speculate on strategic alternatives for the company.Pipeline and processing operations have been attractive to private equity and infrastructure funds. Buckeye Partners LP was acquired by IFM Investors in 2019 and a Blackstone Group Inc.-led group bought Tallgrass Energy LP this year.For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.
Bloomberg · 10/20 17:43
Goldman Sachs Upgrades OGE Energy to Neutral, Announces $35 Price Target
Goldman Sachs analyst Insoo Kim upgrades OGE Energy (NYSE:OGE) from Sell to Neutral and announces $35 price target.
Benzinga · 10/20 10:34
OGE Energy Builds Two Solar Farms in Oklahoma, Cuts Emission
OGE Energy (OGE) concludes building two 5 megawatt solar energy plants in southeast Oklahoma, which will serve the needs of local tribal communities.
Zacks · 10/16 17:18
New Strong Sell Stocks for October 16th
Zacks · 10/16 12:54
20 Pending Dividend Hikes For October To December
Barron's Weekly lists stocks announcing "dividend payment boosts" on the very last page of its financial data. Here is your dogcatcher rundown for 20 stocks proclaimed 9/28-10/12/20.Increases ranged $0.00133 per quarter by Sirius XM Holdings to $0.45 quarterly by Starbucks and ranged upward from 0.9% by Bank OZK to 150.0% by Invesco Mortgage Capital.Financial Services companies with five and Consumer Cyclical with five showed the most increases in this pack.Ten top dividend-boosted stocks ranged 22.24% to 85.84% in estimated net gains calculated from broker targets (including dividends less broker fees).$5k invested in the lowest-priced five in this collection of top-yield ten dividend-boosted dogs showed 32.34% more net gain than that from $5k invested in all ten. The little, lower-priced dividend-boosted dogs ruled this October pack.
Seekingalpha · 10/16 08:36
Wells Fargo Maintains Overweight on OGE Energy, Raises Price Target to $36
Wells Fargo maintains OGE Energy (NYSE:OGE) with a Overweight and raises the price target from $35 to $36.
Benzinga · 10/15 11:40
OG&E completes two solar energy farms in Oklahoma
OG&E, the electric utility subsidiary of OGE Energy ([[OGE]] +1.3%) announces the completion of construction work at its two 5 MW solar energy farms in southeast Oklahoma. These two new farms are build to
Seekingalpha · 10/14 14:24
Oklahoma Gas & Electric Company -- Moody's announces completion of a periodic review of ratings of OGE Energy Corp.
Moody's · 10/09 22:42
Stocks Trading Ex-Dividend Today, Friday, Oct. 9th: LSI, OGE, ACN, FLIC, GORO, GBCI, UVV
Life Storage (LSI) - Pays a quarterly dividend of $1.07 per share, or a 4.07% yield. Its dividend becomes payable October 26.  OGE Energy (OGE) - Will pay out its quarterly dividend of $0.4025 per share - a 5.49%
Benzinga · 10/09 13:43
Dividend Changes: September 26-October 2, 2020
This weekly article series covers dividend changes.A summary table provides relevant data and key statistics of dividend increases.We include a table of ex-dividend dates for the next two weeks.
Seekingalpha · 10/09 01:19
UBS Maintains Buy on OGE Energy, Raises Price Target to $36
UBS maintains OGE Energy (NYSE:OGE) with a Buy and raises the price target from $35 to $36.
Benzinga · 10/06 11:55
This Week's Ex-Dividend Dates And One Company To Buy
Like every week on my TEV blog, I want to show you some stocks that will go ex-dividend in the next few days.This time, I will take a closer look at John Wiley & Sons and General Mills.Compared to John Wiley & Sons, the risk/reward ratio at General Mills is, in my opinion, more promising.
Seekingalpha · 10/05 14:25
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About OGE
OGE Energy Corp. (OGE Energy) is an energy and energy services provider offering physical delivery and related services for both electricity and natural gas primarily in the south central United States. The Company operates through two segments: electric utility and natural gas midstream operations. The electric utility segment generates, transmits, distributes and sells electric energy in Oklahoma and western Arkansas. Its operations are conducted through Oklahoma Gas and Electric Company (OG&E). OG&E is an electric utility in Oklahoma and its franchised service territory includes Fort Smith, Arkansas and the surrounding communities. The natural gas midstream operations segment represents the Company's investment in Enable Midstream Partners, LP (Enable) through subsidiaries, and ultimately OGE Enogex Holdings LLC (OGE Holdings). Enable's assets and operations are organized into two segments: gathering and processing, and transportation and storage.
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