Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.
) pushed the Utilities sector lower today making it today's featured Utilities laggard. The sector as a whole closed the day down 0.2%. By the end of trading, OGE Energy fell $0.40 (-1.1%) to $35.97 on average volume. Throughout the day, 1,121,372 shares of OGE Energy exchanged hands as compared to its average daily volume of 1,162,500 shares. The stock ranged in price between $35.96-$36.65 after having opened the day at $36.39 as compared to the previous trading day's close of $36.37. Other companies within the Utilities sector that declined today were:
), down 8.3%,
), down 3.2%,
), down 2.5% and
), down 2.5%.
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OGE Energy Corp., together with its subsidiaries, operates as an energy and energy services provider that offers physical delivery and related services for electricity and natural gas primarily in the south central United States. OGE Energy has a market cap of $7.2 billion and is part of the utilities industry. Shares are up 7.3% year to date as of the close of trading on Friday. Currently there are 3 analysts that rate OGE Energy a buy, no analysts rate it a sell, and 5 rate it a hold.
TheStreet Ratings rates
. The company's strengths can be seen in multiple areas, such as its solid stock price performance, growth in earnings per share, expanding profit margins, largely solid financial position with reasonable debt levels by most measures and increase in net income. We feel these strengths outweigh the fact that the company shows weak operating cash flow.
- You can view the full OGE Energy Ratings Report.
On the positive front,
), up 6.8%,
), up 3.4%,
), up 2.4% and
), up 2.4% , were all gainers within the utilities sector with
) being today's featured utilities sector leader.
- Use our utilities section to find sector-relevant news.
- Or find some new ideas from our top rated stocks lists.
For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the utilities sector could consider
) while those bearish on the utilities sector could consider
- Find other investment ideas from our top rated ETFs lists.