OGE OGE Energy Corp Common Stock

NYSE · Utilities · View on SEC EDGAR ↗
$47.13
Price · Aug 19, 2026
Fundamentals as of Jul 29, 2026

OGE Stock Snapshot Price, market cap, P/E, EPS, ROE, debt/equity, 52-week range

Price
$47.12
Market Cap
$9.73B
P/E (TTM)
20.3
EPS (TTM)
$2.32
Revenue (TTM)
$3.26B
Div Yield
3.5%
ROE
9.8%
Debt/Equity
1.1
52W Range
$42 – $51

OGE Stock Price Chart Daily OHLCV with technical indicators — pan, zoom, and customize your view

10-Year Performance Revenue, net income, margins and EPS trends

Revenue & Net Income $3.26B
3-point trend, +21.9%
2023-12-31 2025-12-31
EPS $2.32
3-point trend, +12.1%
2023-12-31 2025-12-31
Free Cash Flow $83M
3-point trend, +52.9%
2023-12-31 2025-12-31
Margins 14.4%

Valuation P/E, P/S, P/B, EV/EBITDA ratios — is the stock expensive or cheap?

Metric
5Y trend
OGE
Peer Median
P/E (TTM)
3-point trend, +9.1%
20.3
22.4
P/S (TTM)
3-point trend, +3.2%
3.0
4.3
P/B
3-point trend, +14.0%
2.0
1.9
EV / EBITDA
3-point trend, +4.0%
11.3
Price / FCF
3-point trend, -17.7%
117.6

Profitability Gross, operating and net margins; ROE, ROA, ROIC

Metric
5Y trend
OGE
Peer Median
Operating Margin
3-point trend, +0.9%
24.5%
Net Profit Margin
3-point trend, -7.4%
14.4%
14.4%
ROA
3-point trend, +2.8%
3.4%
2.9%
ROE
3-point trend, +4.8%
9.8%
9.4%
ROIC
3-point trend, +2.9%
6.3%

Financial Health Debt, liquidity, solvency — balance sheet strength

Metric
5Y trend
OGE
Peer Median
Debt / Equity
3-point trend, +6.0%
1.1
Current Ratio
3-point trend, +19.8%
0.8
0.7
Quick Ratio
3-point trend, +79.5%
0.3

Growth Revenue, EPS and net income growth: YoY, 3Y CAGR, 5Y CAGR

Metric
5Y trend
OGE
Peer Median
Revenue YoY
3-point trend, +21.9%
9.2%
Revenue CAGR 3Y
3-point trend, +21.9%
-1.1%
Revenue CAGR 5Y
3-point trend, +21.9%
9.0%
EPS YoY
3-point trend, +12.1%
5.9%
Net Income YoY
3-point trend, +12.9%
6.6%

Per Share Metrics EPS, book value per share, cash flow per share, dividend per share

Metric
5Y trend
OGE
Peer Median
EPS (Diluted)
3-point trend, +12.1%
$2.32

Capital Efficiency Asset turnover, inventory turnover, receivables turnover

Metric
5Y trend
OGE
Peer Median
Payout Ratio
3-point trend, -9.1%
72.6%

Dividends Yield, payout ratio, dividend history, 5Y CAGR

Dividend Yield
3.5%
Payout Ratio
72.6%
5Y Div CAGR
Ex-dateAmount
July 6, 2026$0.4250
April 6, 2026$0.4250
Jan. 5, 2026$0.4250
Oct. 6, 2025$0.4250
July 7, 2025$0.4210
April 7, 2025$0.4210
Jan. 6, 2025$0.4210
Oct. 7, 2024$0.4210
July 8, 2024$0.4180
April 5, 2024$0.4180
Jan. 5, 2024$0.4180
Oct. 6, 2023$0.4180
July 7, 2023$0.4140
April 6, 2023$0.4140
Jan. 6, 2023$0.4140
Oct. 7, 2022$0.4140
July 8, 2022$0.4100
April 8, 2022$0.4100
Jan. 7, 2022$0.4100
Oct. 8, 2021$0.4100

OGE Analyst Consensus Bullish and bearish analyst opinions, 12-month price target, upside

BUY 18 analysts
  • Strong Buy 3 16.7%
  • Buy 4 22.2%
  • Hold 11 61.1%
  • Sell 0 0.0%
  • Strong Sell 0 0.0%

12-Month Price Target

11 analysts · 2026-08-17
Median target $51.00 +8.2%
Mean target $50.64 +7.5%

Earnings History EPS actual vs estimate, surprise %, beat rate, next earnings date

Avg Surprise
0.01%
Period EPS Actual EPS Est Surprise
June 30, 2026 $0.56 $0.56 0.00%
March 31, 2026 $0.24 $0.25 -0.01%
Dec. 31, 2025 $0.34 $0.32 0.02%
Sept. 30, 2025 $1.14 $1.15 -0.01%
June 30, 2025 $0.53 $0.53 0.00%
March 31, 2025 $0.31 $0.25 0.06%

Peer comparison (GICS sub-industry) Key metrics vs sector peers

Ticker Market Cap P/E Rev YoY Net Margin ROE Gross Margin
OGE $8.80B 18.4 9.2% 14.4% 9.8%
NRG $30.32B 39.7 9.2% 2.8% 43.5%
EVRG 19.8 1.9% 14.3% 8.5%
LNT $16.72B 20.7 9.6% 18.6% 11.3%
PNW 17.6 4.2% 11.8% 9.2%
IDA 21.5 -1.2% 18.5% 9.4%
OKLO $11.52B -99.7 -9.7%
TXNM $6.41B 39.8 9.9% 7.8% 5.7%
POR $5.55B 17.3 4.0% 8.6% 7.7%
NEE $167.22B 24.3 9.8% 26.5% 13.1%

Full Fundamentals All metrics by year — income statement, balance sheet, cash flow

Income Statement 15
Annual Income Statement data for OGE
Metric Trend 202520242023202220212020201920182017201620152014
Revenue 12-point trend, +32.9% $3.26B $2.99B $2.67B $3.38B $3.65B $2.12B $2.23B $2.27B $2.26B $2.26B $2.20B $2.45B
Cost of Revenue 12-point trend, +13.9% $1.26B $1.08B $912M $1.66B $2.13B $645M $787M $892M $898M $880M $865M $1.11B
SG&A Expense 3-point trend, +6.5% · · $148M $136M $139M · · · · · · ·
Operating Expenses 12-point trend, +48.3% $1.20B $1.16B $1.11B $1.06B $982M $956M $940M $888M $832M $848M $851M $810M
Operating Income 12-point trend, +48.9% $799M $745M $650M $650M $544M $522M $504M $490M $532M $531M $481M $537M
Interest Expense 12-point trend, +82.1% $270M $254M $221M $166M $158M $158M $148M $156M $144M $142M $149M $148M
Other Non-op 12-point trend, +313.2% $31M $30M $44M $24M $-22M $3M $-7M $11M $50M $-4M $21M $8M
Pretax Income 12-point trend, -1.4% $560M $521M $473M $789M $878M $-301M $463M $498M $570M $486M $369M $569M
Income Tax 12-point trend, -48.0% $90M $79M $56M $124M $141M $-127M $30M $72M $-49M $148M $97M $173M
Net Income 12-point trend, +18.9% $471M $442M $417M $666M $737M $-174M $434M $426M $619M $338M $271M $396M
EPS (Basic) 12-point trend, +17.1% $2.33 $2.20 $2.08 $3.33 $3.68 $-0.87 $2.17 $2.13 $3.10 $1.69 $1.36 $1.99
EPS (Diluted) 12-point trend, +17.2% $2.32 $2.19 $2.07 $3.32 $3.68 $-0.87 $2.16 $2.12 $3.10 $1.69 $1.36 $1.98
Shares (Basic) 12-point trend, +1.4% 201,900,000 200,800,000 200,300,000 200,200,000 200,100,000 200,100,000 200,100,000 199,700,000 199,700,000 199,700,000 199,600,000 199,200,000
Shares (Diluted) 12-point trend, +1.3% 202,500,000 201,300,000 200,900,000 200,800,000 200,300,000 200,100,000 200,700,000 200,500,000 200,000,000 199,900,000 199,600,000 199,900,000
EBITDA 12-point trend, +66.1% $1.36B $1.28B $1.16B $1.11B $960M $914M $859M $811M $794M $826M $789M $818M
Balance Sheet 25
Annual Balance Sheet data for OGE
Metric Trend 202520242023202220212020201920182017201620152014
Cash & Equivalents 12-point trend, -96.4% $200.0K $600.0K $200.0K $88M $0 $1M $0 $94M $14M $300.0K $75M $6M
Receivables 12-point trend, +84.2% $348M $241M $209M $250M $162M $158M $154M $175M $191M $173M $173M $189M
Inventory 12-point trend, +91.5% $112M $148M $158M $109M $41M $36M $46M $58M $84M $80M $114M $58M
Other Current Assets 12-point trend, +86.7% $72M $89M $59M $104M $73M $41M $24M $30M $55M $82M $56M $38M
Current Assets 12-point trend, +21.4% $858M $895M $772M $1.34B $614M $428M $430M $557M $497M $550M $570M $707M
PP&E (Net) 12-point trend, +82.4% $12.73B $12.09B $11.30B $10.55B $9.83B $9.37B $9.04B $8.64B $8.34B $7.70B $7.32B $6.98B
PP&E (Gross) 12-point trend, +77.7% $17.95B $17.07B $16.11B $15.13B $14.15B $13.44B $12.91B $12.37B $11.91B $11.19B $10.60B $10.10B
Accum. Depreciation 12-point trend, +67.3% $5.22B $4.98B $4.81B $4.58B $4.32B $4.07B $3.87B $3.73B $3.57B $3.49B $3.27B $3.12B
Other Non-current Assets 12-point trend, +44.2% $653M $610M $604M $551M $1.25B $432M $315M $297M $339M $462M $423M $453M
Total Assets 12-point trend, +51.1% $14.37B $13.72B $12.79B $12.54B $12.61B $10.72B $11.02B $10.75B $10.41B $9.94B $9.58B $9.51B
Accounts Payable 12-point trend, +95.8% $351M $306M $276M $449M $274M $252M $195M $239M $230M $205M $262M $179M
Short-term Debt 12-point trend, +198.0% $292M $469M $499M $0 $487M $95M $112M $0 $168M $236M $0 $98M
Current Liabilities 12-point trend, +90.8% $1.09B $1.23B $1.18B $1.80B $1.09B $697M $658M $869M $950M $1.03B $753M $573M
Deferred Tax 12-point trend, -34.3% $1.49B $1.37B $1.30B $1.23B $1.33B $1.27B $1.38B $1.31B $1.23B $2.33B $2.18B $2.27B
Other Non-current Liabilities 12-point trend, +186.4% $309M $255M $213M $211M $227M $195M $200M $163M $158M $154M $121M $108M
Total Liabilities 12-point trend, +49.5% $9.39B $9.08B $8.28B $8.13B $8.55B $7.09B $6.88B $6.74B $6.56B $6.50B $6.25B $6.28B
Long-term Debt 12-point trend, +94.9% $5.37B $5.05B $4.34B $4.55B $4.50B $3.49B $3.20B $3.15B $3.00B $2.63B $2.74B $2.76B
Total Debt 12-point trend, +98.4% $5.66B $5.52B $4.84B $4.55B $4.98B $3.59B $3.31B $3.15B $3.17B $2.87B $2.76B $2.85B
Common Stock Flat — no change across 11 periods · $2M $2M $2M $2M $2M $2M $2M $2M $2M $2M $2M
Retained Earnings 12-point trend, +63.8% $3.60B $3.48B $3.37B $3.29B $2.96B $2.54B $3.04B $2.91B $2.76B $2.37B $2.26B $2.20B
Treasury Stock 5-point trend, +0.00 · · $0 $100.0K $100.0K $5M $0 · · · · ·
AOCI 12-point trend, +93.7% $-3M $-3M $-7M $-12M $-25M $-32M $-28M $-29M $-23M $-29M $-35M $-41M
Stockholders' Equity 12-point trend, +53.4% $4.98B $4.64B $4.51B $4.41B $4.06B $3.63B $4.14B $4.01B $3.85B $3.44B $3.33B $3.24B
Liabilities + Equity 12-point trend, +50.8% $14.37B $13.72B $12.79B $12.54B $12.61B $10.72B $11.02B $10.75B $10.41B $9.94B $9.58B $9.53B
Shares Outstanding 12-point trend, +3.4% 206,100,000 201,000,000 200,300,000 200,200,000 200,100,000 200,100,000 200,100,000 199,700,000 199,700,000 199,700,000 199,700,000 199,400,000
Cash Flow 18
Annual Cash Flow data for OGE
Metric Trend 202520242023202220212020201920182017201620152014
D&A 12-point trend, +98.9% $560M $540M $507M $461M $416M $391M $355M $322M $284M $323M $308M $281M
Stock-based Comp 12-point trend, +618.5% $14M $12M $13M $10M $10M $10M $14M $13M $9M $5M $8M $-3M
Deferred Tax 12-point trend, -66.2% $60M $16M $12M $-156M $123M $-136M $31M $78M $-50M $154M $103M $178M
Other Non-cash 12-point trend, +124.7% $32M $-196M $284M $-137M $-1.60B $622M $-152M $112M $-77M $-175M $177M $-131M
Operating Cash Flow 12-point trend, +57.6% $1.14B $813M $1.23B $952M $-230M $713M $682M $951M $784M $645M $867M $722M
CapEx 12-point trend, +85.2% $1.05B $1.09B $1.18B $1.05B $778M $650M $636M $574M $824M $660M $548M $569M
Investing Cash Flow 12-point trend, -101.5% $-1.13B $-1.16B $-1.27B $-96M $-832M $-655M $-625M $-576M $-822M $-620M $-500M $-559M
Debt Issued 12-point trend, -41.5% $344M $706M $788M $49M $998M $297M $296M $396M $592M $0 $0 $589M
Net Debt Issued 12-point trend, -10.6% $312M $706M $-212M $49M $998M $297M $46M $146M $367M $-110M $-200.0K $349M
Stock Issued 9-point trend, +1443.9% $204M $17M $0 $0 · · · $-100.0K $-100.0K $0 $7M $13M
Stock Repurchased · · · · · · · · · · · $0
Net Stock Activity 7-point trend, +1443.9% $204M $17M · · · · · $-100.0K $-100.0K $0 $7M $13M
Dividends Paid 12-point trend, +85.7% $342M $338M $333M $329M $325M $315M $299M $272M $248M $225M $205M $184M
Financing Cash Flow 12-point trend, +93.3% $-11M $349M $-48M $-768M $1.06B $-57M $-151M $-295M $52M $-99M $-297M $-164M
Net Change in Cash 12-point trend, +69.2% $-400.0K $400.0K $-88M $88M $-1M $1M $-94M $80M $14M $-75M $70M $-1M
Taxes Paid 11-point trend, +18350.0% · $37M $42M $276M $9M $4M $6M $3M $-16M $-6M $-3M $200.0K
Free Cash Flow 12-point trend, -45.7% $83M $-278M $54M $-208M $-1.09B $62M $46M $378M $-40M $-16M $318M $152M
Levered FCF 12-point trend, -394.5% $-144M $-494M $-141M $-348M $-1.22B $-29M $-92M $244M $-196M $-114M $208M $49M
Profitability 7
Annual Profitability data for OGE
Metric Trend 202520242023202220212020201920182017201620152014
Operating Margin 12-point trend, +12.1% 24.5% 25.0% 24.3% 19.2% 14.9% 24.6% 22.6% 21.6% 22.6% 22.3% 21.9% 21.9%
Net Margin 12-point trend, -10.5% 14.4% 14.8% 15.6% 19.7% 20.2% -8.2% 19.4% 18.7% 27.4% 15.0% 12.3% 16.1%
Pretax Margin 12-point trend, -25.8% 17.2% 17.4% 17.7% 23.4% 24.0% -14.2% 20.8% 21.9% 25.2% 21.5% 16.8% 23.2%
EBITDA Margin 12-point trend, +25.0% 41.7% 43.0% 43.3% 32.9% 26.3% 43.0% 38.5% 35.7% 35.1% 36.6% 35.9% 33.4%
ROA 12-point trend, -19.7% 3.4% 3.2% 3.3% 5.3% 5.9% -1.6% 3.9% 4.0% 5.9% 3.4% 2.8% 4.2%
ROE 12-point trend, -21.6% 9.8% 9.7% 9.3% 15.7% 19.2% -4.5% 10.7% 10.8% 17.0% 10.0% 8.3% 12.5%
ROIC 12-point trend, +2.9% 6.3% 6.2% 6.1% 6.1% 5.1% 4.2% 6.3% 5.9% 7.9% 5.5% 5.8% 6.1%
Liquidity & Solvency 5
Annual Liquidity & Solvency data for OGE
Metric Trend 202520242023202220212020201920182017201620152014
Current Ratio 12-point trend, -36.3% 0.8 0.7 0.7 0.7 0.6 0.6 0.7 0.6 0.5 0.5 0.8 1.2
Quick Ratio 12-point trend, -6.1% 0.3 0.2 0.2 0.2 0.1 0.2 0.2 0.3 0.2 0.2 0.3 0.3
Debt / Equity 12-point trend, +29.3% 1.1 1.2 1.1 1.0 1.2 1.0 0.8 0.8 0.8 0.8 0.8 0.9
LT Debt / Equity 12-point trend, +27.0% 1.1 1.1 1.0 0.8 1.1 1.0 0.8 0.7 0.7 0.7 0.8 0.8
Interest Coverage 12-point trend, -18.2% 3.0 2.9 2.9 3.9 3.4 3.3 3.4 3.1 3.5 3.5 3.2 3.6
Efficiency 3
Annual Efficiency data for OGE
Metric Trend 202520242023202220212020201920182017201620152014
Asset Turnover 12-point trend, -10.2% 0.2 0.2 0.2 0.3 0.3 0.2 0.2 0.2 0.2 0.2 0.2 0.3
Inventory Turnover 12-point trend, -49.0% 9.7 7.0 6.8 22.3 55.2 15.6 15.1 12.6 10.9 9.1 10.0 19.0
Receivables Turnover 12-point trend, -15.0% 11.1 13.3 11.7 16.4 22.8 13.6 13.6 12.4 12.5 13.1 12.1 13.0
Per Share 6
Annual Per Share data for OGE
Metric Trend 202520242023202220212020201920182017201620152014
Book Value / Share 12-point trend, +48.4% $24.15 $23.09 $22.52 $22.05 $20.27 $18.15 $20.69 $20.06 $19.28 $17.24 $16.66 $16.27
Revenue / Share 12-point trend, +31.2% $16.10 $14.83 $13.31 $16.81 $18.24 $10.61 $11.12 $11.32 $11.31 $11.30 $11.01 $12.27
Cash Flow / Share 12-point trend, +55.6% $5.62 $4.04 $6.13 $4.20 $-1.56 $3.56 $3.40 $4.74 $3.92 $3.22 $4.34 $3.61
Cash / Share 12-point trend, -96.4% $0.00 $0.00 $0.00 $0.44 $0.00 $0.01 $0.00 $0.47 $0.07 $0.00 $0.38 $0.03
Dividend / Share 12-point trend, +78.2% $2 $2 $2 $2 $2 $2 $2 $1 $1 $1 $1 $1
EPS (TTM) 12-point trend, +17.2% $2.32 $2.19 $2.07 $3.32 $3.68 $-0.87 $2.16 $2.12 $3.10 $1.69 $1.36 $1.98
Growth Rates 8
Annual Growth Rates data for OGE
Metric Trend 202520242023202220212020201920182017201620152014
Revenue YoY 5-point trend, -87.2% 9.2% 11.6% -20.8% -7.6% 72.2% · · · · · · ·
Revenue CAGR 3Y 3-point trend, -114.4% -1.1% -6.5% 8.0% · · · · · · · · ·
Revenue CAGR 5Y 9.0% · · · · · · · · · · ·
EPS YoY 4-point trend, +160.7% 5.9% 5.8% -37.6% -9.8% · · · · · · · ·
EPS CAGR 3Y 2-point trend, +29.1% -11.3% -15.9% · · · · · · · · · ·
Net Income YoY 4-point trend, +168.1% 6.6% 5.9% -37.4% -9.7% · · · · · · · ·
Net Income CAGR 3Y 2-point trend, +30.6% -10.9% -15.7% · · · · · · · · · ·
Dividend CAGR 5Y 1.7% · · · · · · · · · · ·
Valuation (TTM) 17
Annual Valuation (TTM) data for OGE
Metric Trend 202520242023202220212020201920182017201620152014
Revenue TTM 12-point trend, +32.9% $3.26B $2.99B $2.67B $3.38B $3.65B $2.12B $2.23B $2.27B $2.26B $2.26B $2.20B $2.45B
Net Income TTM 12-point trend, +18.9% $471M $442M $417M $666M $737M $-174M $434M $426M $619M $338M $271M $396M
Market Cap 12-point trend, +24.4% $8.80B $8.29B $7.00B $7.92B $7.68B $6.38B $8.90B $7.83B $6.57B $6.68B $5.25B $7.07B
Enterprise Value 12-point trend, +45.7% $14.46B $13.81B $11.84B $12.38B $12.66B $9.96B $12.21B $10.88B $9.73B $9.55B $7.93B $9.92B
P/E 12-point trend, +2.7% 18.4 18.8 16.9 11.9 10.4 -36.6 20.6 18.5 10.6 19.8 19.3 17.9
P/S 12-point trend, -6.4% 2.7 2.8 2.6 2.3 2.1 3.0 4.0 3.4 2.9 3.0 2.4 2.9
P/B 12-point trend, -18.9% 1.8 1.8 1.6 1.8 1.9 1.8 2.1 2.0 1.7 1.9 1.6 2.2
P / Tangible Book 6-point trend, +0.7% 1.8 1.8 1.6 1.8 1.9 1.8 · · · · · ·
P / Cash Flow 12-point trend, -21.1% 7.7 10.2 5.7 9.4 -24.5 8.9 13.1 8.2 8.4 10.4 6.1 9.8
P / FCF 12-point trend, +129.1% 106.4 -29.8 129.3 -38.1 -7.0 102.3 193.4 20.7 -166.0 -431.0 16.5 46.5
EV / EBITDA 12-point trend, -12.3% 10.6 10.8 10.2 11.1 13.2 10.9 14.2 13.4 12.3 11.6 10.1 12.1
EV / FCF 12-point trend, +168.4% 174.9 -49.7 218.8 -59.6 -11.6 159.9 265.3 28.8 -245.6 -615.9 25.0 65.2
EV / Revenue 12-point trend, +9.7% 4.4 4.6 4.4 3.7 3.5 4.7 5.5 4.8 4.3 4.2 3.6 4.0
Dividend Yield 12-point trend, +49.6% 3.9% 4.1% 4.8% 4.2% 4.2% 4.9% 3.4% 3.5% 3.8% 3.4% 3.9% 2.6%
Earnings Yield 12-point trend, -2.7% 5.4% 5.3% 5.9% 8.4% 9.6% -2.7% 4.9% 5.4% 9.4% 5.1% 5.2% 5.6%
Payout Ratio 12-point trend, +56.2% 72.6% 76.7% 79.9% 49.5% 44.1% -181.3% 69.0% 64.0% 40.0% 66.6% 75.4% 46.5%
Annual Payout 12-point trend, +85.7% $342M $338M $333M $329M $325M $315M $299M $272M $248M $225M $205M $184M

Financial Statements Income statement, balance sheet, cash flow — annual, last 5 years

Income Statement
2025-12-312025-06-302025-03-312024-12-312024-09-30
Revenue $3.26B$2.99B
Operating Margin % 24.5%25.0%
Net Income $471M$442M
Diluted EPS $2.32$2.19
Balance Sheet
2025-12-312025-06-302025-03-312024-12-312024-09-30
Debt / Equity 1.11.2
Current Ratio 0.80.7
Quick Ratio 0.30.2
Cash Flow
2025-12-312025-06-302025-03-312024-12-312024-09-30
Free Cash Flow $83M$-278M

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Institutional owners (13F) 675 filers · $4.7B total · As of June 30, 2026

Institutions that report holding this stock in their quarterly SEC Form 13F. Long positions only; a single filer may appear twice for separate option legs. Large offsetting put/call legs typically reflect market-making or hedged inventory, not directional conviction.

Institutional activity — Q2 2026 vs prior quarter
New positions Exited positions Increased Decreased Net shares change
81 (-31 vs prior Q) 47 (+2 vs prior Q) 246 (+32 vs prior Q) 148 (-7 vs prior Q) -3.0M

Compared to Q1 2026. SEC Form 13F filings are due within 45 days of quarter-end plus a short buffer for late filers — quarters still inside that window are skipped in favor of the most recent fully-reported pair.

Institution Value Shares % of tracked 13F Type
VANGUARD PORTFOLIO MANAGEMENT LLC $518,698,812 10,659,655 11.04% Shares
VANGUARD CAPITAL MANAGEMENT LLC $453,080,510 9,311,149 9.64% Shares
STATE STREET CORP $351,640,322 7,226,476 7.48% Shares
Rare Infrastructure Ltd $250,093,416 5,635,273 5.32% Shares
AQR CAPITAL MANAGEMENT LLC $244,117,546 5,016,801 5.20% Shares
NORGES BANK $159,521,105 3,278,280 3.40% Shares
GEODE CAPITAL MANAGEMENT, LLC $151,681,186 3,115,873 3.23% Shares
DIMENSIONAL FUND ADVISORS LP $121,182,304 2,490,389 2.58% Shares
Qube Research & Technologies Ltd $106,776,876 2,194,346 2.27% Shares
NOMURA ASSET MANAGEMENT INTERNATIONAL INC. $89,246,000 1,834,067 1.90% Shares
Energy Income Partners, LLC $81,293,537 1,670,644 1.73% Shares
REAVES W H & CO INC $73,651,095 1,513,586 1.57% Shares
CHARLES SCHWAB INVESTMENT MANAGEMENT INC $73,621,947 1,512,987 1.57% Shares
VANGUARD FIDUCIARY TRUST CO $63,492,103 1,304,811 1.35% Shares
MASSACHUSETTS FINANCIAL SERVICES CO /MA/ $62,265,871 1,279,611 1.33% Shares
Quantinno Capital Management LP $59,788,696 1,228,703 1.27% Shares
HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC $58,434,140 1,200,866 1.24% Shares
MANUFACTURERS LIFE INSURANCE COMPANY, THE $56,299,815 1,157,004 1.20% Shares
Point72 Asset Management, L.P. $56,223,078 1,155,427 1.20% Shares
GABELLI FUNDS LLC $53,603,856 1,101,600 1.14% Shares
ExodusPoint Capital Management, LP $50,318,089 1,034,075 1.07% Shares
Caisse de depot et placement du Quebec $45,973,968 944,800 0.98% Shares
CBRE INVESTMENT MANAGEMENT LISTED REAL ASSETS LLC $37,773,542 776,275 0.80% Shares
Life Cycle Investment Partners Ltd $37,680,358 774,360 0.80% Shares
CITADEL ADVISORS LLC $34,701,052 713,133 0.74% Shares
CI INVESTMENTS INC. $34,439,796 707,764 0.73% Shares
MILLER HOWARD INVESTMENTS INC /NY $34,348,926 705,897 0.73% Shares
Artisan Partners Limited Partnership $34,278,829 704,456 0.73% Shares
Gotham Asset Management, LLC $31,387,890 645,045 0.67% Shares
GOLDMAN SACHS GROUP INC $31,107,803 639,289 0.66% Shares
RHUMBLINE ADVISERS $28,743,557 590,703 0.61% Shares
ProShare Advisors LLC $27,868,312 572,715 0.59% Shares
MILLENNIUM MANAGEMENT LLC $25,019,950 514,179 0.53% Shares
BlackRock, Inc. $24,942,775 512,593 0.53% Shares
VOLORIDGE INVESTMENT MANAGEMENT, LLC $24,259,297 498,547 0.52% Shares
Nuveen, LLC $23,107,418 474,875 0.49% Shares
Connor, Clark & Lunn Investment Management Ltd. $22,720,035 466,914 0.48% Shares
JOHN G ULLMAN & ASSOCIATES INC $22,331,777 458,935 0.48% Shares
Retirement Systems of Alabama $22,142,684 455,049 0.47% Shares
California Public Employees Retirement System $20,656,705 424,511 0.44% Shares
FMR LLC $20,216,381 415,462 0.43% Shares
Swiss National Bank $20,154,972 414,200 0.43% Shares
SEGALL BRYANT & HAMILL, LLC $19,803,647 406,980 0.42% Shares
ROYAL BANK OF CANADA $17,595,000 361,592 0.37% Shares
MARTINGALE ASSET MANAGEMENT L P $17,288,753 355,297 0.37% Shares
ALGERT GLOBAL LLC $17,240,676 354,309 0.37% Shares
BANK OF AMERICA CORP /DE/ $16,353,020 336,067 0.35% Shares
VICTORY CAPITAL MANAGEMENT INC $16,314,871 335,283 0.35% Shares
COMMONWEALTH OF PENNSYLVANIA PUBLIC SCHOOL EMPLS RETRMT SYS $16,134,634 331,579 0.34% Shares
Boston Partners $15,974,400 328,286 0.34% Shares
LPL Financial LLC $13,825,360 284,122 0.29% Shares
Legal & General Group Plc $13,241,700 272,127 0.28% Shares
ALLIANCEBERNSTEIN L.P. $13,036,967 271,830 0.28% Shares
RAYMOND JAMES FINANCIAL INC $12,795,066 262,948 0.27% Shares
BTG Pactual Asset Management US LLC $12,621,188 259,375 0.27% Shares
BNP PARIBAS FINANCIAL MARKETS $12,371,221 254,238 0.26% Shares
Corient Private Wealth LP $12,293,367 252,639 0.26% Shares
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM $11,463,975 239,032 0.24% Shares
Magellan Asset Management Ltd $11,268,391 231,574 0.24% Shares
AMERIPRISE FINANCIAL INC $11,217,784 230,534 0.24% Shares
Squarepoint Ops LLC $11,087,960 227,866 0.24% Shares
PRUDENTIAL FINANCIAL INC $10,974,874 225,542 0.23% Shares
NISA INVESTMENT ADVISORS, LLC $10,873,077 223,450 0.23% Shares
AMERICAN CENTURY COMPANIES INC $10,778,822 221,512 0.23% Shares
DUFF & PHELPS INVESTMENT MANAGEMENT CO $10,395,041 213,626 0.22% Shares
Trexquant Investment LP $10,158,894 208,773 0.22% Shares
CAPITAL FUND MANAGEMENT S.A. $9,980,603 205,109 0.21% Shares
STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM $9,606,798 197,427 0.20% Shares
TEMA ETFS LLC $9,379,055 219,650 0.20% Shares
Holocene Advisors, LP $9,208,905 189,250 0.20% Shares
VANGUARD ASSET MANAGEMENT, Ltd $8,451,171 173,678 0.18% Shares
Allianz Asset Management GmbH $8,445,916 173,570 0.18% Shares
Cubist Systematic Strategies, LLC $8,182,147 176,835 0.17% Shares
OCCUDO QUANTITATIVE STRATEGIES LP $8,065,638 165,755 0.17% Shares
Vanguard Investments Australia, Ltd. $7,763,849 159,553 0.17% Shares
PineBridge Investments, L.P. $7,760,589 167,724 0.17% Shares
BARCLAYS PLC $7,564,100 155,448 0.16% Shares
ASSETMARK, INC $7,473,155 153,579 0.16% Shares
New Age Alpha Advisors, LLC $7,002,758 143,912 0.15% Shares
WORLDQUANT MILLENNIUM ADVISORS LLC $6,537,617 134,353 0.14% Shares
VISTA INVESTMENT PARTNERS LLC $6,480,105 133,171 0.14% Shares
JANE STREET GROUP, LLC $6,450,418 132,561 0.14% Shares
INSPIRE TRUST CO, N.A. $6,423,120 132,000 0.14% Shares
ALPS ADVISORS INC $6,418,011 131,895 0.14% Shares
SEI INVESTMENTS CO $6,358,860 130,681 0.14% Shares
IEQ CAPITAL, LLC $6,309,986 129,675 0.13% Shares
Nuveen Asset Management, LLC $6,022,583 146,002 0.13% Shares
MERCER GLOBAL ADVISORS INC /ADV $5,996,139 123,225 0.13% Shares
UBS Group AG $5,982,309 122,941 0.13% Shares
MACQUARIE GROUP LTD $5,913,504 121,527 0.13% Shares
Freestone Grove Partners LP $5,667,576 116,473 0.12% Shares
ENVESTNET ASSET MANAGEMENT INC $5,515,638 113,351 0.12% Shares
Ceredex Value Advisors LLC $5,483,982 112,700 0.12% Shares
DEAN INVESTMENT ASSOCIATES, LLC $5,379,704 110,557 0.11% Shares
Cetera Investment Advisers $5,228,900 107,458 0.11% Shares
COMMONWEALTH EQUITY SERVICES, LLC $5,205,212 106,971 0.11% Shares
Aventail Capital Group, LP $5,069,739 104,187 0.11% Shares
MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. $4,945,948 101,643 0.11% Shares
HUB Investment Partners, LLC $4,934,019 101,398 0.11% Shares
Ironwood Investment Counsel, LLC $4,880,062 100,289 0.10% Shares

Company insiders 70 insiders · 46 officers · 24 directors

Insider Role Last activity Shares owned Buys 12m Sells 12m Net 12m
Sean Trauschke COB, President, CEO Dec. 31, 2025 F 638,332 0 0 $0
Peter B Delaney COB and CEO Feb. 25, 2015 F 561,021 0 0 $0
S E Moore Chairman of the Board and CEO Sept. 28, 2007 A 118,307 0 0 $0
Charles B Walworth CFO Dec. 31, 2025 F 40,567 0 0 $0
William Bryan Buckler Chief Financial Officer Feb. 28, 2022 F 14,653 0 0 $0
Stephen E Merrill Chief Financial Officer Nov. 16, 2020 S 59,449 0 0 $0
James R Hatfield Sr. VP & CFO July 15, 2008 A 55,740 0 0 $0
Danny P Harris President & COO Dec. 30, 2011 A 50,864 0 0 $0
Keith E Mitchell Chief Operating Officer (OG&E) Feb. 25, 2020 A 98,441 0 0 $0
A M Strecker Exec VP & COO May 31, 2004 A 8,034 0 0 $0
David A Parker CIO-OG&E Dec. 31, 2025 F 18,202 0 0 $0
Donnie O. Jones SVP-Utility Operations (OG&E) Dec. 31, 2025 F 41,248 0 0 $0
Sarah R. Stafford Controller & CAO Dec. 31, 2025 F 28,441 0 0 $0
William H Sultemeier GC, Corp. Sec, CCO Dec. 31, 2025 F 69,723 0 0 $0
Johnny W Whitfield JR VP- BUS INTEL, SUP CHAIN-OG&E Jan. 3, 2023 F 1,162 0 0 $0
Keith E Erickson VP-SALES, CUSTOMER OPS (OG&E) Jan. 3, 2023 F 2,825 0 0 $0
Christine Ostendorf Woodworth VP- Marketing & Communications Jan. 3, 2023 F 2,963 0 0 $0
Matthew J Schuermann VP- Power Supply Ops-OG&E Jan. 3, 2023 F 6,027 0 0 $0
Scott A Briggs VP- Human Resources-OG&E Jan. 3, 2023 F 4,917 0 0 $0
Robert J Burch VP- Utility Technical Services Jan. 3, 2023 F 6,005 0 0 $0
Andrea M. Dennis VP- T&D Operations(OG&E) Jan. 3, 2023 F 7,715 0 0 $0
Kenneth Adams Miller VP-Public, Reg. Affairs OG&E Jan. 3, 2023 F 6,038 0 0 $0
Cristina F Mcquistion VP- Corp Resp & Stewardship Jan. 3, 2023 F 22,020 0 0 $0
Patricia D Horn VP-Governance & Corp Sec March 28, 2022 S 27,875 0 0 $0
Kenneth R. Grant VP - Sales and Mkt (OG&E) Nov. 13, 2020 S 9,082 0 0 $0
Jean C Leger Jr Sr. VP-Utility Operations-OG&E Feb. 25, 2020 A 46,540 0 0 $0
Jerry A Peace VP-Integ Res Plan & Dev-OG&E May 6, 2019 I 0 0 0 $0
Scott H Forbes Controller and CAO Feb. 21, 2018 F 15,760 0 0 $0
Paul L Renfrow VP-Pub Affairs & Corp. Admin. March 4, 2016 I 18,382 0 0 $0
Jesse B Langston VP - Retail Energy March 5, 2015 I 11,435 0 0 $0
William J. Bullard Gen.Counsel-Okla.Gas & Elect. Feb. 25, 2015 F 19,753 0 0 $0
Gary D Huneryager VP - Internal Audits Feb. 25, 2014 F 29,402 0 0 $0
Max J Myers Treasurer Nov. 13, 2013 I 10,211 0 0 $0
Reid V Nuttall VP - Chief Information Officer Dec. 28, 2012 A 10,422 0 0 $0
Craig S. Johnston VP-Corp Strategy Dev & Mktg Dec. 30, 2011 A 2,225 0 0 $0
Melvin H Perkins VP-Power Delivery Aug. 15, 2011 S 11,755 0 0 $0
Howard W Motley JR VP Regulatory Affairs March 1, 2011 S 174 0 0 $0
John Wendling JR VP-Power Supply March 2, 2010 I 3,515 0 0 $0
Carla D Brockman VP-Admin & Corp. Secretary Feb. 26, 2010 A 7,354 0 0 $0
Deborah S Fleming Treasurer Dec. 31, 2008 A 1,967 0 0 $0
Robert E. Grasty V.P. Human Resources Oct. 1, 2008 A 2,915 0 0 $0
Cary W Martin VP of HR Dec. 31, 2007 A 0 0 $0
Steven R Gerdes VP Utility Operations Nov. 30, 2007 A 9,338 0 0 $0
Donald R Rowlett Chief Acctg Policy Officer March 2, 2007 M 8,663 0 0 $0
Jack T Coffman Sr VP Power Supply Nov. 30, 2005 A 9,666 0 0 $0
Michael G Davis VP Business Process May 19, 2005 F 4,695 0 0 $0
David E Rainbolt Director June 30, 2026 A 10,000 0 0 $0
Cathy R. Gates Director Dec. 9, 2025 A 0 0 $0
Peter D. Clarke Director Dec. 9, 2025 A 1,850 0 0 $0
Frank A Bozich Director Dec. 9, 2025 A 16,186 0 0 $0

Insiders from SEC Form 3/4/5 filings; net = open-market P/S only

ETF ownership Held by 105 ETFs

Weight reflects direct equity holdings (N-PORT) only; leveraged or derivative-based funds may hold additional swap exposure not shown.

Fund Weight Units As of Source
VOLT · Tema ETF Trust 3.76% 575,711 NS May 31, 2026 N-PORT
FXU · First Trust Exchange-Traded AlphaDE… 3.38% 621,676 NS April 30, 2026 N-PORT
HSMV · First Trust Exchange-Traded Fund III 2.08% 12,982 NS April 30, 2026 N-PORT
REGL · ProShares Trust 1.59% 566,628 NS May 31, 2026 N-PORT
FPWR · First Trust Exchange-Traded Fund IV 1.46% 8,019 NS April 30, 2026 N-PORT
EMLP · First Trust Exchange-Traded Fund IV 1.42% 1,183,840 NS April 30, 2026 N-PORT
EIPX · First Trust Exchange-Traded Fund IV 1.12% 122,581 NS April 30, 2026 N-PORT
ZAP · Global X Funds 1.02% 95,754 NS April 30, 2026 N-PORT
EIPI · First Trust Exchange-Traded Fund VI… 1.02% 227,075 NS May 31, 2026 N-PORT
LSEQ · Harbor ETF Trust 0.71% 2,241 NS April 30, 2026 N-PORT
IQRA · New York Life Investments Active ET… 0.67% 953 NS April 30, 2026 N-PORT
FUTY · FIDELITY COVINGTON TRUST 0.63% 315,843 NS April 30, 2026 N-PORT
OUSM · ALPS ETF Trust 0.49% 90,236 NS May 31, 2026 N-PORT
SIXL · EXCHANGE TRADED CONCEPTS TRUST 0.42% 16,904 NS May 31, 2026 N-PORT
HWSM · HOTCHKIS & WILEY FUNDS /DE/ 0.40% 226 NS June 30, 2026 N-PORT
JPUS · J.P. Morgan Exchange-Traded Fund Tr… 0.39% 35,294 NS April 30, 2026 N-PORT
JPME · J.P. Morgan Exchange-Traded Fund Tr… 0.39% 34,665 NS April 30, 2026 N-PORT
PTMC · Pacer Funds Trust 0.29% 23,573 NS April 30, 2026 N-PORT
FNK · First Trust Exchange-Traded AlphaDE… 0.29% 12,656 NS April 30, 2026 N-PORT
BKMC · BNY Mellon ETF Trust 0.27% 34,869 NS April 30, 2026 N-PORT
FSMD · FIDELITY COVINGTON TRUST 0.22% 104,786 NS April 30, 2026 N-PORT
JVAL · J.P. Morgan Exchange-Traded Fund Tr… 0.21% 32,218 NS April 30, 2026 N-PORT
MVV · ProShares Trust 0.21% 7,101 NS May 31, 2026 N-PORT
FNX · First Trust Exchange-Traded AlphaDE… 0.21% 56,777 NS April 30, 2026 N-PORT
MIDU · Direxion Shares ETF Trust 0.20% 3,403 NS April 30, 2026 N-PORT
TRFM · ETF Series Solutions 0.20% 6,251 NS April 30, 2026 N-PORT
BBMC · J.P. Morgan Exchange-Traded Fund Tr… 0.20% 81,246 NS April 30, 2026 N-PORT
SCHM · SCHWAB STRATEGIC TRUST 0.18% 555,003 NS May 31, 2026 N-PORT
DFAS · Dimensional ETF Trust 0.18% 508,655 NS April 30, 2026 N-PORT
DEUS · DBX ETF Trust 0.15% 8,797 NS May 29, 2026 N-PORT
UMDD · ProShares Trust 0.15% 992 NS May 31, 2026 N-PORT
JQUA · J.P. Morgan Exchange-Traded Fund Tr… 0.11% 163,730 NS April 30, 2026 N-PORT
AVMC · AMERICAN CENTURY ETF TRUST 0.10% 8,224 NS May 31, 2026 N-PORT
FAB · First Trust Exchange-Traded AlphaDE… 0.09% 2,442 NS April 30, 2026 N-PORT
ESSC · Strategy Shares 0.07% 349 NS April 30, 2026 N-PORT
MSSM · MORGAN STANLEY PATHWAY FUNDS 0.05% 7,973 NS May 31, 2026 N-PORT
AVLC · AMERICAN CENTURY ETF TRUST 0.03% 8,748 NS May 31, 2026 N-PORT
SCHV · SCHWAB STRATEGIC TRUST 0.03% 103,636 NS May 31, 2026 N-PORT
AVUS · AMERICAN CENTURY ETF TRUST 0.03% 82,857 NS May 31, 2026 N-PORT
GVUS · Goldman Sachs ETF Trust 0.03% 2,418 NS May 31, 2026 N-PORT
EBI · RBB Fund Trust 0.03% 3,708 NS May 31, 2026 N-PORT
DFAC · Dimensional ETF Trust 0.03% 232,846 NS April 30, 2026 N-PORT
FNDX · SCHWAB STRATEGIC TRUST 0.03% 137,449 NS May 31, 2026 N-PORT
FNDB · SCHWAB STRATEGIC TRUST 0.02% 6,653 NS May 31, 2026 N-PORT
DCOR · Dimensional ETF Trust 0.02% 11,792 NS April 30, 2026 N-PORT
DFAU · Dimensional ETF Trust 0.02% 41,436 NS April 30, 2026 N-PORT
DFUS · Dimensional ETF Trust 0.02% 65,918 NS April 30, 2026 N-PORT
TILT · FlexShares Trust 0.02% 6,468 NS April 30, 2026 N-PORT
SCHX · SCHWAB STRATEGIC TRUST 0.01% 219,194 NS May 31, 2026 N-PORT
GUSA · Goldman Sachs ETF Trust II 0.01% 7,128 NS May 31, 2026 N-PORT