OGE ENERGY CORP.
OGE · Electric Services · 206.4M shares · +0%/yr ↑ shares · EDGAR filings ↗
Net buyback after stock comp: -$10M (gross $3M, SBC $13M)
Reference price $47.97 · est. market cap ~$9.9B — last insider sale, 2026-05-21 (estimated from the dated SEC Form 4 price × shares outstanding — not a live quote)
Grade
B75Solid regulated electric utility with top-quartile margins and cash generation but only mid-pack ROE.
Strengths
- Top-decile operating cash flow margin (90th pct) and operating margin (84th pct); strong ROA (84th pct)
- Healthy net margin (77th pct) with steady revenue (+9.4%) and earnings (+6.6%) growth
Risks
- ROE only ~9.5% (57th pct) and tight liquidity (current ratio 0.78); leverage typical of utilities (D/E 1.08)
- Regulated single-region utility lacks a standout return profile to justify A
Notable findings
Quarterly revenue
Last 4 quarters · from SEC filings.
Key metrics
Gross margin
61.4%
Operating margin
24.5%
Net margin
14.4%
Return on equity
9.5%
Return on assets
3.3%
ROIC
6.1%
Revenue growth (QoQ)
3.7%
Net-income growth
6.6%
Debt / equity
1.1×
Net debt / EBITDA
4.0×
Interest coverage
3.0×
Current ratio
0.8×
EBITDA
$1.4B
Tangible book value
$5.0B
Cash & investments
$200K
Stock comp / revenue
0.4%
Insider transactions · last 18 months
| Date | Insider | Type | Shares | Price |
|---|---|---|---|---|
| 2026-05-21 | SULTEMEIER WILLIAM H | Sell | 7.3K | $47.97 |
| 2026-02-24 | Stafford Sarah R. | Sell | 6.1K | $47.77 |
| 2026-02-23 | Ganske Lyle G. | Buy | 10K | $47.99 |
| 2026-02-16 | SULTEMEIER WILLIAM H | Grant | 6.0K | — |
| 2026-02-16 | WALWORTH CHARLES B | Grant | 4.6K | — |
| 2026-02-16 | WALWORTH CHARLES B | Tax withheld | 2.0K | $46.64 |
| 2026-02-16 | WALWORTH CHARLES B | Grant | 8.5K | — |
| 2026-02-16 | Stafford Sarah R. | Grant | 2.5K | — |
| 2026-02-16 | SULTEMEIER WILLIAM H | Grant | 11K | — |
| 2026-02-16 | SULTEMEIER WILLIAM H | Tax withheld | 4.8K | $46.64 |
| 2026-02-16 | Trauschke Sean | Grant | 71K | — |
| 2026-02-16 | Trauschke Sean | Tax withheld | 31K | $46.64 |
| 2026-02-16 | Trauschke Sean | Grant | 43K | — |
| 2026-02-16 | PARKER DAVID A | Grant | 4.5K | — |
| 2026-02-16 | PARKER DAVID A | Tax withheld | 2.0K | $46.64 |
| 2026-02-16 | PARKER DAVID A | Grant | 2.9K | — |
| 2026-02-16 | Jones Donnie O. | Grant | 10K | — |
| 2026-02-16 | Jones Donnie O. | Tax withheld | 4.6K | $46.64 |
| 2026-02-16 | Stafford Sarah R. | Grant | 4.6K | — |
| 2026-02-16 | Stafford Sarah R. | Tax withheld | 2.0K | $46.64 |
| 2025-12-31 | PARKER DAVID A | Tax withheld | 1.2K | $42.77 |
| 2025-12-31 | WALWORTH CHARLES B | Tax withheld | 1.2K | $42.77 |
| 2025-12-31 | SULTEMEIER WILLIAM H | Tax withheld | 2.8K | $42.77 |
| 2025-12-31 | Jones Donnie O. | Tax withheld | 2.7K | $42.77 |
| 2025-12-31 | Stafford Sarah R. | Tax withheld | 1.2K | $42.77 |
| 2025-12-31 | Trauschke Sean | Tax withheld | 17K | $42.77 |
| 2025-08-05 | PARKER DAVID A | I | 3.0K | $45.55 |
| 2025-08-04 | PARKER DAVID A | Sell | 3.3K | $45.97 |
| 2025-05-28 | Jones Donnie O. | Sell | 11K | $44.06 |
| 2025-05-21 | BOZICH FRANK A | Buy | 1.0K | $44.69 |
| 2025-05-06 | SULTEMEIER WILLIAM H | Sell | 6.7K | $45.54 |
| 2025-02-19 | SCHUERMANN MATTHEW J | Tax withheld | 2.8K | $43.82 |
| 2025-02-19 | MILLER KENNETH ADAMS | Tax withheld | 2.8K | $43.82 |
| 2025-02-19 | Stafford Sarah R. | Tax withheld | 3.2K | $43.82 |
| 2025-02-19 | WOODWORTH CHRISTINE OSTENDORF | Tax withheld | 2.0K | $43.82 |
| 2025-02-19 | DENNIS ANDREA M. | Tax withheld | 3.0K | $43.82 |
| 2025-02-19 | BRIGGS SCOTT A | Tax withheld | 3.1K | $43.82 |
| 2025-02-19 | BURCH ROBERT J | Tax withheld | 2.4K | $43.82 |
| 2025-02-19 | Jones Donnie O. | Tax withheld | 6.6K | $43.82 |
| 2025-02-19 | ERICKSON KEITH E | Tax withheld | 935 | $43.82 |
| 2025-02-19 | SULTEMEIER WILLIAM H | Tax withheld | 7.7K | $43.82 |
| 2025-02-19 | WHITFIELD JOHNNY W JR | Tax withheld | 549 | $43.82 |
| 2025-02-19 | Trauschke Sean | Tax withheld | 50K | $43.82 |
| 2025-02-19 | WALWORTH CHARLES B | Tax withheld | 3.2K | $43.82 |
| 2025-02-19 | PARKER DAVID A | Tax withheld | 3.0K | $43.82 |
| 2025-02-18 | Trauschke Sean | Grant | 113K | — |
| 2025-02-18 | WOODWORTH CHRISTINE OSTENDORF | Grant | 4.3K | — |
| 2025-02-18 | WOODWORTH CHRISTINE OSTENDORF | Grant | 1.8K | — |
| 2025-02-18 | WALWORTH CHARLES B | Grant | 7.3K | — |
| 2025-02-18 | WALWORTH CHARLES B | Grant | 6.7K | — |
| 2025-02-18 | SULTEMEIER WILLIAM H | Grant | 18K | — |
| 2025-02-18 | SULTEMEIER WILLIAM H | Grant | 6.0K | — |
| 2025-02-18 | PARKER DAVID A | Grant | 6.6K | — |
| 2025-02-18 | PARKER DAVID A | Grant | 3.0K | — |
| 2025-02-18 | MILLER KENNETH ADAMS | Grant | 6.3K | — |
| 2025-02-18 | MILLER KENNETH ADAMS | Grant | 2.7K | — |
| 2025-02-18 | ERICKSON KEITH E | Grant | 1.9K | — |
| 2025-02-18 | ERICKSON KEITH E | Grant | 1.3K | — |
| 2025-02-18 | BURCH ROBERT J | Grant | 5.3K | — |
| 2025-02-18 | BURCH ROBERT J | Grant | 1.9K | — |
| 2025-02-18 | WHITFIELD JOHNNY W JR | Grant | 1.6K | — |
| 2025-02-18 | WHITFIELD JOHNNY W JR | Grant | 1.3K | — |
| 2025-02-18 | Trauschke Sean | Grant | 40K | — |
| 2025-02-18 | SCHUERMANN MATTHEW J | Grant | 6.2K | — |
| 2025-02-18 | SCHUERMANN MATTHEW J | Grant | 2.6K | — |
| 2025-02-18 | Stafford Sarah R. | Grant | 7.2K | — |
| 2025-02-18 | Stafford Sarah R. | Grant | 2.6K | — |
| 2025-02-18 | Jones Donnie O. | Grant | 15K | — |
| 2025-02-18 | Jones Donnie O. | Grant | 5.6K | — |
| 2025-02-18 | DENNIS ANDREA M. | Grant | 6.7K | — |
| 2025-02-18 | DENNIS ANDREA M. | Grant | 2.6K | — |
| 2025-02-18 | BRIGGS SCOTT A | Grant | 7.0K | — |
| 2025-02-18 | BRIGGS SCOTT A | Grant | 3.0K | — |
| 2025-01-02 | BURCH ROBERT J | Tax withheld | 904 | $41.29 |
| 2025-01-02 | SULTEMEIER WILLIAM H | Tax withheld | 2.9K | $41.29 |
| 2025-01-02 | WALWORTH CHARLES B | Tax withheld | 1.2K | $41.29 |
| 2025-01-02 | WOODWORTH CHRISTINE OSTENDORF | Tax withheld | 728 | $41.29 |
| 2025-01-02 | WHITFIELD JOHNNY W JR | Tax withheld | 188 | $41.29 |
| 2025-01-02 | Trauschke Sean | Tax withheld | 17K | $41.29 |
| 2025-01-02 | Stafford Sarah R. | Tax withheld | 1.2K | $41.29 |
| 2025-01-02 | SCHUERMANN MATTHEW J | Tax withheld | 1.0K | $41.29 |
| 2025-01-02 | PARKER DAVID A | Tax withheld | 1.1K | $41.29 |
| 2025-01-02 | MILLER KENNETH ADAMS | Tax withheld | 1.1K | $41.29 |
| 2025-01-02 | McQuistion Cristina F | Tax withheld | 1.2K | $41.29 |
| 2025-01-02 | Jones Donnie O. | Tax withheld | 2.5K | $41.29 |
| 2025-01-02 | ERICKSON KEITH E | Tax withheld | 320 | $41.29 |
| 2025-01-02 | DENNIS ANDREA M. | Tax withheld | 1.1K | $41.29 |
| 2025-01-02 | BRIGGS SCOTT A | Tax withheld | 1.2K | $41.29 |
All non-derivative Form 4 activity (SEC), newest first.
Notable events (8-K)
| Date | Items | |
|---|---|---|
| 2026-06-15 | Material agreementDebt obligationExhibits | filing ↗ |
| 2026-05-14 | Shareholder voteOther | filing ↗ |
| 2026-04-29 | ResultsExhibits | filing ↗ |
| 2026-04-15 | Exec/director change | filing ↗ |
| 2026-04-01 | OtherExhibits | filing ↗ |
| 2026-02-25 | Exec/director change | filing ↗ |
| 2026-02-18 | ResultsExhibits | filing ↗ |
| 2025-12-08 | Exec/director change | filing ↗ |
Recent filings
| Form | Filed | Period | Accession |
|---|---|---|---|
| 8-K | 2026-06-15 | 2026-06-12 | 0001021635-26-000019 ↗ |
| 8-K | 2026-05-14 | 2026-05-14 | 0001021635-26-000016 ↗ |
| 8-K | 2026-04-29 | 2026-04-29 | 0001021635-26-000014 ↗ |
| 10-Q | 2026-04-29 | 2026-03-31 | 0001021635-26-000012 ↗ |
| 8-K | 2026-04-15 | 2026-04-13 | 0001193125-26-155169 ↗ |
| 8-K | 2026-04-01 | 2026-04-01 | 0001021635-26-000009 ↗ |
| 8-K | 2026-02-25 | 2026-02-19 | 0001193125-26-071800 ↗ |
| 8-K | 2026-02-18 | 2026-02-18 | 0001193125-26-055417 ↗ |
| 10-K | 2026-02-18 | 2025-12-31 | 0001193125-26-055414 ↗ |
| 8-K | 2025-12-08 | 2025-12-03 | 0001193125-25-311307 ↗ |
| 8-K | 2025-11-24 | 2025-11-20 | 0001104659-25-115429 ↗ |
| 8-K | 2025-11-17 | 2025-11-13 | 0001193125-25-283425 ↗ |