OGE Energy Net Worth
OGE Energy Net Worth Breakdown | OGE |
OGE Energy Net Worth Analysis
OGE Energy's net worth analysis, or its valuation, is the process of determining the total value of the company. This involves assessing a range of factors, including OGE Energy's financial performance, assets, liabilities, and potential for growth. The ultimate goal is to provide a clear understanding of OGE Energy's overall worth, which can help investors make informed investment decisions. There are several methods that can be used to perform OGE Energy's net worth analysis. One common approach is to calculate OGE Energy's market capitalization.Another approach is to use the price-to-earnings ratio (P/E ratio), which compares OGE Energy's stock price to its earnings per share (EPS). Discounted cash flow (DCF) analysis is another popular method for assessing OGE Energy's net worth. This approach calculates the present value of OGE Energy's future cash flows, taking into account factors such as growth rate, profitability, and risk. By comparing the present value of OGE Energy's cash flows to its current stock price, investors can gain a better understanding of the company's overall value. Finally, investors may use comparable company analysis to evaluate OGE Energy's net worth. This involves comparing OGE Energy's financial metrics to similar companies in the same industry. By identifying companies with similar financial characteristics, investors can gain insight into OGE Energy's net worth relative to its peers.
Enterprise Value |
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To determine if OGE Energy is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding OGE Energy's net worth research are outlined below:
OGE Energy has 5.52 B in debt with debt to equity (D/E) ratio of 1.17, which is OK given its current industry classification. OGE Energy has a current ratio of 0.78, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Note however, debt could still be an excellent tool for OGE to invest in growth at high rates of return. | |
OGE Energy has a strong financial position based on the latest SEC filings | |
About 74.0% of OGE Energy shares are owned by institutional investors | |
On 31st of January 2025 OGE Energy paid $ 0.421 per share dividend to its current shareholders | |
Latest headline from thelincolnianonline.com: Arizona State Retirement System Has 2.41 Million Position in OGE Energy Corp. |
OGE Energy uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in OGE Energy. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to OGE Energy's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
21st of February 2024 Upcoming Quarterly Report | View | |
2nd of May 2024 Next Financial Report | View | |
31st of December 2023 Next Fiscal Quarter End | View | |
21st of February 2024 Next Fiscal Year End | View | |
30th of September 2023 Last Quarter Report | View | |
31st of December 2022 Last Financial Announcement | View |
OGE Energy Target Price Consensus
OGE target price is determined by taking all analyst projections and averaging them out. There is no one specific way to measure analysts' performance other than comparing it to past results via a very sophisticated attribution analysis. OGE Energy's target price projections below should be used in combination with other traditional price prediction techniques such as stock price forecasting, investor sentiment analysis, technical analysis, earnings estimate, and various momentum models.
13 | Buy |
Most OGE analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to help potential investors understand OGE stock's fair price compared to its market value. Analysts arrive at stock ratings after researching the public financial statements of OGE Energy, talking to its executives and customers, or listening to those companies' conference calls.
Macroaxis Advice Exposure ValuationOGE Energy Target Price Projection
OGE Energy's current and average target prices are 44.77 and 40.73, respectively. The current price of OGE Energy is the price at which OGE Energy is currently trading. On the other hand, OGE Energy's target price is what analysts think the stock is worth or could sell for in the future. The more significant the discrepancy between the two prices, the more it stimulates investors to act.Current Price
OGE Energy Market Quote on 19th of March 2025
Target Price
Analyst Consensus On OGE Energy Target Price
Know OGE Energy's Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as OGE Energy is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading OGE Energy backward and forwards among themselves. OGE Energy's institutional investor refers to the entity that pools money to purchase OGE Energy's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Shares | Duff & Phelps Inv Mgmt Co (il) | 2024-12-31 | 2.1 M | Thompson, Siegel & Walmsley Llc | 2024-12-31 | 2 M | Morgan Stanley - Brokerage Accounts | 2024-12-31 | 1.9 M | Franklin Resources Inc | 2024-12-31 | 1.8 M | Artisan Partners Limited Partnership | 2024-12-31 | 1.7 M | Norges Bank | 2024-12-31 | 1.7 M | Amvescap Plc. | 2024-12-31 | 1.4 M | Charles Schwab Investment Management Inc | 2024-12-31 | 1.4 M | Allianz Asset Management Ag | 2024-12-31 | 1.2 M | Blackrock Inc | 2024-12-31 | 26.9 M | Vanguard Group Inc | 2024-12-31 | 21.4 M |
Follow OGE Energy's market capitalization trends
The company currently falls under 'Mid-Cap' category with a total capitalization of 9.02 B.Market Cap |
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Project OGE Energy's profitablity
Last Reported | Projected for Next Year | ||
Return On Tangible Assets | 0.03 | 0.04 | |
Return On Capital Employed | 0.06 | 0.09 | |
Return On Assets | 0.03 | 0.04 | |
Return On Equity | 0.10 | 0.13 |
When accessing OGE Energy's net worth, it's important to look at multiple sources and consider different scenarios. For example, gross profit margin measures OGE Energy's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of OGE Energy's profitability and make more informed investment decisions.
Please note, the presentation of OGE Energy's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, OGE Energy's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of OGE Energy's management manipulating its earnings.
Evaluate OGE Energy's management efficiency
OGE Energy has Return on Asset of 0.035 % which means that on every $100 spent on assets, it made $0.035 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.0965 %, implying that it generated $0.0965 on every 100 dollars invested. OGE Energy's management efficiency ratios could be used to measure how well OGE Energy manages its routine affairs as well as how well it operates its assets and liabilities. The current year's Return On Tangible Assets is expected to grow to 0.04. The current year's Return On Capital Employed is expected to grow to 0.09. At present, OGE Energy's Other Current Assets are projected to increase significantly based on the last few years of reporting. The current year's Intangible Assets is expected to grow to about 421.1 M, whereas Non Current Assets Total are forecasted to decline to about 7.4 B.Last Reported | Projected for Next Year | ||
Book Value Per Share | 23.11 | 24.27 | |
Tangible Book Value Per Share | 23.11 | 24.27 | |
Enterprise Value Over EBITDA | 10.50 | 7.48 | |
Price Book Value Ratio | 1.78 | 1.46 | |
Enterprise Value Multiple | 10.50 | 7.48 | |
Price Fair Value | 1.78 | 1.46 | |
Enterprise Value | 3.4 B | 2.6 B |
At OGE Energy, effective management practices are pivotal to sustaining long-term profitability. We delve into financial metrics and market conditions to provide a comprehensive analysis of the stock's prospects.
Enterprise Value Revenue 4.8859 | Revenue | Quarterly Revenue Growth 0.342 | Revenue Per Share | Return On Equity |
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific OGE Energy insiders, such as employees or executives, is commonly permitted as long as it does not rely on OGE Energy's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases OGE Energy insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
OGE Energy Corporate Filings
3rd of March 2025 Other Reports | ViewVerify | |
F4 | 20th of February 2025 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
8K | 19th of February 2025 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
10Q | 5th of November 2024 Quarterly performance report mandated by Securities and Exchange Commission (SEC), to be filed by publicly traded corporations | ViewVerify |
OGE Energy Earnings Estimation Breakdown
The calculation of OGE Energy's earning per share is based on the data from the past 12 consecutive months, used for reporting the company's financial figures. The next projected EPS of OGE Energy is estimated to be 0.18 with the future projection ranging from a low of 0.14 to a high of 0.37. Please be aware that this consensus of annual earnings estimates for OGE Energy is based on EPS before non-recurring items and includes expenses related to employee stock options.Last Reported EPS
0.14 Lowest | Expected EPS | 0.37 Highest |
OGE Energy Earnings Projection Consensus
Suppose the current estimates of OGE Energy's value are higher than the current market price of the OGE Energy stock. In this case, investors may conclude that OGE Energy is overpriced and will exhibit bullish sentiment. On the other hand, if the present value is lower than the stock price, analysts may conclude that the market undervalues the equity. These scenarios may suggest that the market is not as efficient as it should be at the estimation time, and OGE Energy's stock will quickly adjusts to the new information provided by the consensus estimate.
Number of Analysts | Historical Accuracy | Last Reported EPS | Estimated EPS for 31st of March 2025 | Current EPS (TTM) | |
12 | 81.28% | 0.5 | 0.18 | 2.19 |
OGE Energy Earnings per Share Projection vs Actual
Actual Earning per Share of OGE Energy refers to what the company shows during its earnings calls or quarterly reports. The Expected EPS is what analysts covering OGE Energy predict the company's earnings will be in the future. The higher the earnings per share of OGE Energy, the better is its profitability. While calculating the Earning per Share, we use the weighted ratio, as the number of shares outstanding can change over time.OGE Energy Estimated Months Earnings per Share
For an investor who is primarily interested in generating an income out of investing in entities such as OGE Energy, the EPS ratio can tell if the company is intending to increase its current dividend. Although EPS is an essential tool for investors, it should not be used in isolation. EPS of OGE Energy should always be considered in relation to other companies to make a more educated investment decision.OGE Quarterly Analyst Estimates and Surprise Metrics
Earnings surprises can significantly impact OGE Energy's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
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2025-02-19 | 2024-12-31 | 0.4898 | 0.5 | 0.0102 | 2 | ||
2024-11-05 | 2024-09-30 | 1.12 | 1.0854 | -0.0346 | 3 | ||
2024-08-07 | 2024-06-30 | 0.46 | 0.51 | 0.05 | 10 | ||
2024-05-01 | 2024-03-31 | 0.11 | 0.09 | -0.02 | 18 | ||
2024-02-21 | 2023-12-31 | 0.2 | 0.24 | 0.04 | 20 | ||
2023-11-02 | 2023-09-30 | 1.16 | 1.2 | 0.04 | 3 | ||
2023-08-09 | 2023-06-30 | 0.45 | 0.44 | -0.01 | 2 | ||
2023-05-04 | 2023-03-31 | 0.17 | 0.19 | 0.02 | 11 | ||
2023-02-23 | 2022-12-31 | -0.03 | 0.25 | 0.28 | 933 | ||
2022-11-03 | 2022-09-30 | 1.18 | 1.31 | 0.13 | 11 | ||
2022-08-04 | 2022-06-30 | 0.41 | 0.36 | -0.05 | 12 | ||
2022-05-05 | 2022-03-31 | 0.24 | 1.39 | 1.15 | 479 | ||
2022-02-24 | 2021-12-31 | 0.26 | 0.27 | 0.01 | 3 | ||
2021-11-04 | 2021-09-30 | 1.19 | 1.26 | 0.07 | 5 | ||
2021-08-05 | 2021-06-30 | 0.52 | 0.56 | 0.04 | 7 | ||
2021-05-06 | 2021-03-31 | 0.21 | 0.26 | 0.05 | 23 | ||
2021-02-25 | 2020-12-31 | 0.27 | 0.31 | 0.04 | 14 | ||
2020-11-05 | 2020-09-30 | 1.09 | 2.03 | 0.94 | 86 | ||
2020-08-06 | 2020-06-30 | 0.49 | 0.51 | 0.02 | 4 | ||
2020-05-07 | 2020-03-31 | 0.2 | 0.23 | 0.03 | 15 | ||
2020-02-27 | 2019-12-31 | 0.28 | 0.18 | -0.1 | 35 | ||
2019-11-07 | 2019-09-30 | 1.11 | 1.25 | 0.14 | 12 | ||
2019-08-08 | 2019-06-30 | 0.51 | 0.5 | -0.01 | 1 | ||
2019-05-02 | 2019-03-31 | 0.24 | 0.24 | 0.0 | 0 | ||
2019-02-21 | 2018-12-31 | 0.23 | 0.27 | 0.04 | 17 | ||
2018-11-08 | 2018-09-30 | 0.94 | 1.02 | 0.08 | 8 | ||
2018-08-09 | 2018-06-30 | 0.57 | 0.55 | -0.02 | 3 | ||
2018-05-03 | 2018-03-31 | 0.15 | 0.27 | 0.12 | 80 | ||
2018-02-22 | 2017-12-31 | 0.28 | 0.3 | 0.02 | 7 | ||
2017-11-02 | 2017-09-30 | 0.94 | 0.92 | -0.02 | 2 | ||
2017-08-03 | 2017-06-30 | 0.47 | 0.52 | 0.05 | 10 | ||
2017-05-04 | 2017-03-31 | 0.15 | 0.18 | 0.03 | 20 | ||
2017-02-23 | 2016-12-31 | 0.33 | 0.29 | -0.04 | 12 | ||
2016-11-03 | 2016-09-30 | 0.93 | 0.92 | -0.01 | 1 | ||
2016-08-04 | 2016-06-30 | 0.41 | 0.35 | -0.06 | 14 | ||
2016-05-05 | 2016-03-31 | 0.13 | 0.13 | 0.0 | 0 | ||
2016-02-26 | 2015-12-31 | 0.23 | 0.15 | -0.08 | 34 | ||
2015-11-05 | 2015-09-30 | 0.92 | 0.55 | -0.37 | 40 | ||
2015-08-06 | 2015-06-30 | 0.44 | 0.44 | 0.0 | 0 | ||
2015-05-07 | 2015-03-31 | 0.16 | 0.22 | 0.06 | 37 | ||
2015-02-26 | 2014-12-31 | 0.27 | 0.29 | 0.02 | 7 | ||
2014-11-05 | 2014-09-30 | 0.95 | 0.94 | -0.01 | 1 | ||
2014-08-07 | 2014-06-30 | 0.51 | 0.5 | -0.01 | 1 | ||
2014-05-01 | 2014-03-31 | 0.24 | 0.25 | 0.01 | 4 | ||
2014-02-25 | 2013-12-31 | 0.25 | 0.29 | 0.04 | 16 | ||
2013-11-06 | 2013-09-30 | 0.94 | 1.08 | 0.14 | 14 | ||
2013-08-08 | 2013-06-30 | 0.48 | 0.46 | -0.02 | 4 | ||
2013-05-02 | 2013-03-31 | 0.17 | 0.12 | -0.05 | 29 | ||
2013-02-27 | 2012-12-31 | 0.18 | 0.2 | 0.02 | 11 | ||
2012-11-07 | 2012-09-30 | 0.91 | 0.94 | 0.03 | 3 | ||
2012-08-02 | 2012-06-30 | 0.45 | 0.48 | 0.03 | 6 | ||
2012-05-03 | 2012-03-31 | 0.16 | 0.16 | 0.0 | 0 | ||
2012-02-16 | 2011-12-31 | 0.18 | 0.18 | 0.0 | 0 | ||
2011-11-03 | 2011-09-30 | 0.91 | 0.9 | -0.01 | 1 | ||
2011-08-04 | 2011-06-30 | 0.44 | 0.52 | 0.08 | 18 | ||
2011-05-05 | 2011-03-31 | 0.16 | 0.13 | -0.03 | 18 | ||
2011-02-17 | 2010-12-31 | 0.13 | 0.16 | 0.03 | 23 | ||
2010-10-29 | 2010-09-30 | 0.78 | 0.83 | 0.05 | 6 | ||
2010-08-05 | 2010-06-30 | 0.39 | 0.39 | 0.0 | 0 | ||
2010-05-06 | 2010-03-31 | 0.14 | 0.18 | 0.04 | 28 | ||
2010-02-18 | 2009-12-31 | 0.17 | 0.18 | 0.01 | 5 | ||
2009-10-30 | 2009-09-30 | 0.67 | 0.7 | 0.03 | 4 | ||
2009-08-05 | 2009-06-30 | 0.28 | 0.36 | 0.08 | 28 | ||
2009-05-06 | 2009-03-31 | 0.09 | 0.09 | 0.0 | 0 | ||
2009-02-13 | 2008-12-31 | 0.1 | 0.12 | 0.02 | 20 | ||
2008-10-31 | 2008-09-30 | 0.7 | 0.75 | 0.05 | 7 | ||
2006-08-02 | 2006-06-30 | 0.32 | 0.32 | 0.0 | 0 | ||
2006-05-03 | 2006-03-31 | 0.05 | 0.13 | 0.08 | 160 | ||
2006-02-24 | 2005-12-31 | 0.03 | 0.1 | 0.07 | 233 | ||
2005-11-04 | 2005-09-30 | 0.56 | 0.59 | 0.03 | 5 | ||
2005-08-03 | 2005-06-30 | 0.23 | 0.21 | -0.02 | 8 | ||
2005-05-04 | 2005-03-31 | 0.04 | 0.03 | -0.01 | 25 | ||
2005-02-25 | 2004-12-31 | 0.02 | 0.05 | 0.03 | 150 | ||
2004-11-04 | 2004-09-30 | 0.55 | 0.54 | -0.01 | 1 | ||
2004-08-04 | 2004-06-30 | 0.21 | 0.22 | 0.01 | 4 | ||
2004-05-05 | 2004-03-31 | -0.02 | 0.06 | 0.08 | 400 | ||
2004-01-28 | 2003-12-31 | -0.04 | 0.02 | 0.06 | 150 | ||
2003-11-12 | 2003-09-30 | 0.61 | 0.61 | 0.0 | 0 | ||
2003-08-06 | 2003-06-30 | 0.15 | 0.21 | 0.06 | 40 | ||
2003-04-30 | 2003-03-31 | -0.03 | -0.0019 | 0.0281 | 93 | ||
2002-07-29 | 2002-06-30 | 0.13 | 0.18 | 0.05 | 38 | ||
2002-04-29 | 2002-03-31 | -0.05 | -0.04 | 0.01 | 20 | ||
2002-01-29 | 2001-12-31 | 0.03 | -0.01 | -0.04 | 133 | ||
2001-07-30 | 2001-06-30 | 0.2 | 0.16 | -0.04 | 20 | ||
2001-04-23 | 2001-03-31 | 0.02 | -0.09 | -0.11 | 550 | ||
2001-01-24 | 2000-12-31 | 0.08 | 0.05 | -0.03 | 37 | ||
2000-10-25 | 2000-09-30 | 0.62 | 0.69 | 0.07 | 11 | ||
2000-07-24 | 2000-06-30 | 0.25 | 0.21 | -0.04 | 16 | ||
2000-04-26 | 2000-03-31 | 0.06 | 0.01 | -0.05 | 83 | ||
2000-01-24 | 1999-12-31 | 0.07 | 0.08 | 0.01 | 14 | ||
1999-11-01 | 1999-09-30 | 0.54 | 0.58 | 0.04 | 7 | ||
1999-08-02 | 1999-06-30 | 0.24 | 0.25 | 0.01 | 4 | ||
1999-04-26 | 1999-03-31 | 0.02 | 0.07 | 0.05 | 250 | ||
1999-01-25 | 1998-12-31 | 0.08 | 0.07 | -0.01 | 12 | ||
1998-10-26 | 1998-09-30 | 0.58 | 0.67 | 0.09 | 15 | ||
1998-07-27 | 1998-06-30 | 0.22 | 0.3 | 0.08 | 36 | ||
1998-01-26 | 1997-12-31 | 0.07 | 0.07 | 0.0 | 0 | ||
1997-10-27 | 1997-09-30 | 0.57 | 0.55 | -0.02 | 3 | ||
1997-07-28 | 1997-06-30 | 0.19 | 0.19 | 0.0 | 0 | ||
null | null | null | null | null | 0 | ||
1997-01-27 | 1996-12-31 | 0.04 | 0.04 | 0.0 | 0 | ||
1996-10-21 | 1996-09-30 | 0.57 | 0.56 | -0.01 | 1 | ||
1996-07-22 | 1996-06-30 | 0.15 | 0.22 | 0.07 | 46 | ||
null | null | null | null | null | 0 | ||
1996-01-29 | 1995-12-31 | 0.04 | 0.03 | -0.01 | 25 | ||
1995-10-23 | 1995-09-30 | 0.57 | 0.6 | 0.03 | 5 | ||
1995-07-24 | 1995-06-30 | 0.16 | 0.15 | -0.01 | 6 | ||
1995-04-25 | 1995-03-31 | 0.01 | -0.01 | -0.02 | 200 | ||
1995-01-30 | 1994-12-31 | 0.04 | 0.03 | -0.01 | 25 | ||
1994-10-31 | 1994-09-30 | 0.5 | 0.53 | 0.03 | 6 | ||
1994-07-29 | 1994-06-30 | 0.12 | 0.19 | 0.07 | 58 | ||
1994-04-28 | 1994-03-31 | 0.04 | 0.01 | -0.03 | 75 | ||
1994-02-28 | 1993-12-31 | 0.06 | 0.06 | 0.0 | 0 | ||
1993-10-25 | 1993-09-30 | 0.5 | 0.56 | 0.06 | 12 | ||
1993-08-05 | 1993-06-30 | 0.13 | 0.12 | -0.01 | 7 | ||
1993-04-26 | 1993-03-31 | 0.04 | 0.04 | 0.0 | 0 |
OGE Energy Corporate Directors
Todd Tidwell | IR Contact Officer, Director | Profile | |
Peter Clarke | Independent Director | Profile | |
James Brandi | Independent Director | Profile | |
David Rainbolt | Independent Director | Profile |
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in OGE Energy. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price. For information on how to trade OGE Stock refer to our How to Trade OGE Stock guide.You can also try the Commodity Directory module to find actively traded commodities issued by global exchanges.
Is Electric Utilities space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of OGE Energy. If investors know OGE will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about OGE Energy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 1.084 | Dividend Share 1.676 | Earnings Share 2.19 | Revenue Per Share | Quarterly Revenue Growth 0.342 |
The market value of OGE Energy is measured differently than its book value, which is the value of OGE that is recorded on the company's balance sheet. Investors also form their own opinion of OGE Energy's value that differs from its market value or its book value, called intrinsic value, which is OGE Energy's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because OGE Energy's market value can be influenced by many factors that don't directly affect OGE Energy's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between OGE Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if OGE Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, OGE Energy's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.