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OGE – OGE Energy Corp

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Not Compliant

—X—

Industry: Electric Utilities | NYSE

OGE Energy Corp is not compliant with Shariah. The company’s financials fail all the five standards we check against.

Market cap: 8,036 MRev. Growth: 58.09%

AAOIFI ✗

Debt/MC62.01%
Non-Compliant Assets/MC%

S&P ✗

Debt/36 mo MC68.61%
Cash/36 mo MC0%
AR/36 mo MC2.27%

DJIM ✗

Debt/24 mo MC73.85%
Cash/24 mo MC0%
AR/24 mo MC2.44%

FTSE ✗

Debt/Assets39.53%
Cash/Assets0%
Cash&AR/Assets1.31%

MSCI ✗

Debt/Assets39.53%
Cash/Assets0%
Cash&AR/Assets1.31%

Recommendation Rating

2.36

1

2

3

4

5

1 = STRONG BUY | 2 = BUY | 3 = HOLD | 4 = UNDERPERFORM | 5 = SELL

Analysts’ Price Targets

Mean 42

Low: 39

High: 44

Total Analysts: 12


OGE Energy Corp. is a holding company with investments in energy and energy services providers. The Company offers physical delivery and related services for electricity in Oklahoma and western Arkansas and natural gas, crude oil and natural gas liquids (NGLs) across the United States. It operates through two segments: electric utility and natural gas midstream operations. The electric utility segment operates through its subsidiary, Oklahoma Gas and Electric Company (OG&E), which generates, transmits, distributes and sells electric energy in Oklahoma and western Arkansas. OG&E provides retail electric utility service to approximately 879,000 customers in Oklahoma and western Arkansas. The service area covers 30,000 square miles including Oklahoma City. The natural gas midstream operations segment represented the Company’s investment in Enable Midstream Partners, LP (Enable), which the Company accounted for as an equity method investment.

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To understand how the screening is done, please read the Shariah Screening Methodology page.

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