Shares of OGE Energy Corp (NYSE:OGE) traded at a new 52-week high today of $42.91. Approximately 169,000 shares have changed hands today, as compared to an average 30-day volume of 1.1 million shares.
OGE Energy is a holding company for Oklahoma Gas & Electric, a regulated utility offering electricity generation, transmission, and distribution to more than 800,000 customers in Oklahoma and western Arkansas. In December 2021, OGE closed a merger between Enable Midstream Partners and Energy Transfer. This resulted in OGE acquiring 95.4 million limited partner units of Energy Transfer in return for its 25.5% limited partner interest in Enable, a midstream services company it created in 2013.
OGE Energy Corp (NYSE:OGE) defies analysts with a current price ($42.85) 20.3% above its average consensus price target of $34.13.
In the past 52 weeks, shares of OGE Energy Corp have traded between a low of $32.49 and a high of $42.91 and is now at $42.85, which is 32% above that low price.
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