NYSE:OGE - New York Stock Exchange, Inc. - US6708371033 - Common Stock - Currency: USD
Analyst Ross Fowler reinstated coverage on 4 US utilities in Great Plains, reinstating Buy rating for EVRG, MDU, Neutral rating rating on OGE and Underperform for BKH. EVRG's improving regulatory environment makes it undervalued, while MDU's transition to regulated utility and pipeline operator justifies its 15% discount. OGE's execution and growth potential from data centers and crypto-mining load are offset by risks from challenging regulatory environment and capital investments. BKH's electric utility operations poised for growth, but $1.6B in debt maturities could create EPS headwind.
A heat wave will hit the US in 2024, one of the hottest years on record. 150 million Americans under heat warning. Several industries will be affected.
OGE stock results show that OGE Energy missed analyst estimates for earnings per share and missed on revenue for the first quarter of 2024.
OGE Energy (OGE) declares $0.4182/share quarterly dividend, in line with previous. Forward yield 5.08% Payable April 26; for shareholders of record April 8; ex-
OGE Energy press release (OGE): Q2 GAAP EPS of $0.44 misses by $0.01.Revenue of $605M (-24.7% Y/Y) misses by $199.13M.OGE Energy's 2023 earnings guidance is reaffirmed and is...