Energy supply: approx. 70%
Natural gas transportation: approx. 30%

OGE Energy Corp. generates the majority of its revenues from energy supply, especially by providing electricity to residential and business customers. A significant portion of the income also comes from natural gas transportation, which is carried out through their involvement in Enable Midstream Partners.

TOP 3 markets:

1. Oklahoma: approx. 50%
2. Arkansas: approx. 20%
3. Texas: approx. 15%

Oklahoma is the main market for OGE Energy Corp., where the company has a strong presence in the energy supply sector. Arkansas and Texas follow as other significant markets where the company is also active. These markets are crucial for the revenue structure of OGE Energy Corp. as they reflect the geographical distribution of its customer base.

Production Sites: Oklahoma, USA

OGE Energy Corp. is an energy company that operates mainly in Oklahoma. The company runs power plants for electricity generation and is active in energy transmission and distribution. The focus is on providing electricity rather than producing physical products. The main activities include the generation, transmission, and distribution of electricity in the region.

Current Growth Strategy: Diversification and Investments in Renewable Energies (2025)

OGE Energy Corp. is focusing on diversifying its energy portfolio to secure future growth. A key component of the strategy is increased investment in renewable energies, particularly in wind and solar projects. This aligns with the industry trend of reducing dependence on fossil fuels and promoting more sustainable energy sources.

Additionally, the company plans to modernize its infrastructure and enhance the efficiency of its existing facilities. This is intended not only to reduce operating costs but also to improve the reliability and stability of the energy supply.

The strategy also includes tapping into new markets and expanding the customer base through innovative energy services and solutions. OGE Energy Corp. is relying on technological advancements to remain competitive and meet the evolving needs of customers.

Primary raw materials: Natural gas, coal

OGE Energy Corp. is mainly engaged in the generation and distribution of electricity. The main raw materials imported by the company are natural gas and coal, which are used for electricity generation.

Countries of origin for natural gas: USA (domestic production)

Countries of origin for coal: USA (domestic production), occasionally Colombia and Canada

OGE Energy Corp. sources the majority of its raw materials from domestic sources, especially natural gas and coal, which are abundant in the USA. This reduces dependence on imports and minimizes risks associated with international supply chains. In some cases, coal may be imported from Colombia and Canada to meet specific requirements or market conditions.

Market share: Estimated 20% in the regional service area (2025)
Credit rating: BBB+ (Standard & Poor's, 2024)
Dividend yield: 4.5% (2025)

OGE Energy Corp. has a solid competitive advantage, mainly based on its strong regional market presence in the utility sector. The company benefits from stable and predictable revenues from its regulated utility services.

The BBB+ credit rating indicates moderate financial stability, which is attractive to investors. Additionally, OGE Energy offers an attractive dividend yield of 4.5%, making it an interesting option for income-oriented investors.

Another advantage is the continuous investment in infrastructure and renewable energies, which strengthens long-term competitiveness. However, the competitive advantage could be affected by regulatory changes or increased competition in the energy sector.

Institutional Investor Share: 68% (estimated 2025)
Insider Buys/Sells: No significant transactions in the last quarter (estimated 2025)

The institutional investor share in OGE Energy Corp. is estimated to be 68%. This indicates a strong trust from institutional investors in the company, which is often seen as a positive signal for the company's stability and growth potential.

Regarding insider transactions, there were no significant buys or sells in the last quarter. This could suggest that the management is satisfied with the current company strategy and does not expect any major changes.

Market share of OGE Energy Corp.: Estimate 3-5% (2025)

Main competitors and their market shares:

1. NextEra Energy, Inc. (NYSE:NEE): 15-20%
2. Duke Energy Corporation (NYSE:DUK): 10-15%
3. Southern Company (NYSE:SO): 10-15%
4. Dominion Energy, Inc. (NYSE:D): 5-10%
5. Exelon Corporation (NASDAQ:EXC): 5-10%
6. American Electric Power Company, Inc. (NASDAQ:AEP): 5-10%
7. PG&E Corporation (NYSE:PCG): 5-10%
8. Xcel Energy Inc. (NASDAQ:XEL): 5-10%
9. PPL Corporation (NYSE:PPL): 3-5%
10. OGE Energy Corp. (NYSE:OGE): 3-5%

Moat of OGE Energy Corp.:

OGE Energy Corp. has a moderate moat, mainly supported by its regional market presence and regulatory barriers in the utility sector. The company benefits from stable revenues through long-term supply contracts and an established infrastructure.

Compared to larger competitors like NextEra Energy or Duke Energy, which have broader geographic reach and diversified energy portfolios, the moat of OGE Energy is less pronounced. These larger companies often have advantages in terms of economies of scale and investments in renewable energy, giving them a stronger competitive edge.

Overall, OGE Energy Corp. holds a solid but not dominant market share and competes with larger companies that have stronger moats. Nevertheless, OGE can continue to operate successfully in the market through regional focus and efficiency improvements.

Revenue Growth: 3.5% (2024) Net Income: $450 million USD (2024) Dividend Yield: 4.5% (2024) Debt-to-Equity Ratio: 0.9 (2024)

OGE Energy Corp. recorded a moderate revenue growth of 3.5% in 2024. The company achieved a net income of $450 million USD, indicating solid operational performance. The dividend yield of 4.5% is attractive to investors seeking stable income streams.

With a debt-to-equity ratio of 0.9, OGE Energy Corp. demonstrates a relatively conservative financial structure, advantageous in the utility sector. This suggests that the company is capable of efficiently managing its debts while investing in future growth.

Overall, OGE Energy Corp. presents a stable investment opportunity, especially for investors interested in regular dividends. The solid financial foundation and moderate growth potential make the stock a potentially good investment, provided market conditions remain stable.

Dividend Yield: 4.2% (2025)
Dividend History: Continuous payout for over 10 years

OGE Energy Corp. regularly pays dividends to its shareholders. The current dividend yield is approximately 4.2%, which is at the higher end compared to other utility companies.

The company has a solid history of dividend payments and has been consistently distributing them for over a decade. This indicates a reliable dividend policy supported by a stable financial foundation and consistent cash flow.

Analysts estimate that OGE Energy Corp. will also be able to maintain dividends at a similar level in the future, provided that no significant negative changes occur in the industry or the company.