Oge Energy Corp (OGE): I little DD. Equities research anal...

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Re: None

Friday, 04/15/2011 2:09:25 PM

Friday, April 15, 2011 2:09:25 PM

I little DD.

Equities research analysts at Barclays Capital Reiterate a “Overweight” rating for shares of OGE Energy Corp. (OGE) in a research note released to investors today.

OGE Energy Corp. is a public utility holding company. The company’s principal subsidiary is Oklahoma Gas and Electric Company, a regulated public utility engaged in the generation, transmission and distribution of electricity to retail and wholesale customers. Its other subsidiary is Enogex Inc. Enogex owns and operates natural gas transmission and gathering pipelines, has interests in several gas processing plants, markets electricity, natural gas and natural gas liquids and invests in the drilling for and production of crude oil and natural gas.

Shares of OGE Energy Corp. (OGE) are trading down -1.49% as of 12:37PM EDT, hitting 50.94. OGE Energy Corp. has a 52 week low of 33.87 and a 52 week high of 51.51. The companies last released earnings were 2.99 per share. were The company has a market cap of and a price-to-earnings ratio of 16.86.

This is not an offer to buy or sell securities or any kind of investment advice. Oil investment carries very high risks so consult a licensed professional making any decisions. My resume is real time on Twitter @TurnKeyOil.