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Stock impact report

OGE Energy: Not So Much 'Money, Honey' [Seeking Alpha]

OGE Energy Corp (OGE) 
Last oge energy corp earnings: 2/27 07:00 am Check Earnings Report
Company Research Source: Seeking Alpha
SummaryOGE stock has underperformed the S&P Utility Index over the past 1-, 3-, 5-, and 10-yr investing periods.With the demise of its midstream MLP, OGE’s earnings will be flat to down from 2018 to at least the end of 2020.While currently rated A- for 10-yr consistency in earnings and dividend growth, investors should expect the rating to decline over the next few quarters.OGE Energy (Money, honey; Money, honey;If you want to get along with meThis is the refrain from a tune first offered by the Drifters in 1953 and made popular by Elvis Presley in 1956 as part of his debut record, and could describe the plight of long-term investors in OGE. Has their investment shown them the money?OGE has a rich history of providing electric services in Oklahoma, dating back to 1902Founded in 1902, OGE has a history of being the major utility serving the state of Oklahoma. In 1986, OGE acquired the midstream company Enogex with its 10,000 miles of gather and transportation pipelines serving what is Show less Read more
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