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Oge Energy Corp   (OGE)
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    Sector  Utilities    Industry Electric Utilities
   Industry Electric Utilities
   Sector  Utilities

Oge Energy 's Long Term Debt to Equity

OGE's quarterly Long Term Debt to Equity and Long Term Debt, Equity growth


Despite a net increase in long-term borrowings by 0.02%, Oge Energy managed to enhance Long Term Debt to Equity in the third quarter 2023 to 0.96, surpassing the average for Oge Energy 's Long Term Debt to Equity.

Within Electric Utilities industry in the third quarter 2023, 9 other companies have achieved lower Long Term Debt to Equity than Oge Energy in the III Quarter 2023. While Long Term Debt to Equity total ranking has deteriorated compared to the second quarter 2023 from 1516 to 1919 .

Explain Long Term Debt to Equity Ratio?
How much Long Term Debt OGE´s has?
What is the structure of OGE´s Equity?


OGE Long Term Debt to Equity (Sep 30 2023)
III. Quarter
(Jun 30 2023)
II. Quarter
(Mar 31 2023)
I. Quarter
(Dec 31 2022)
IV. Quarter
(Sep 30 2022)
III. Quarter
Y / Y Equity Change 2.25 % 2.87 % 2.52 % 8.8 % 16.4 %
Y / Y Long Term Debt Change 22.31 % 22.31 % -11.18 % -21.08 % -21.08 %
Long Term Debt to Equity MRQ 0.96 0.99 0.91 0.8 0.8
OGE's Total Ranking # 1919 # 1516 # 1712 # 1106 # 1784
Seq. Equity Change 3.69 % 0.21 % -0.98 % -0.61 % 4.32 %
Seq. Long Term Debt Change 0.02 % 8.64 % 12.55 % 0.01 % 0.02 %



Long Term Debt to Equity third quarter 2023 Company Ranking
Within: No.
Electric Utilities Industry # 10
Utilities Sector # 28
Overall Market # 1919


Long Term Debt to Equity Statistics
High Average Low
1.23 0.86 0.7
(Jun 30 2021)   (Jun 30 2018)




Financial Statements
Oge Energy 's Equity $ 4,541 Millions Visit OGE's Balance sheet
Oge Energy 's Long Term Debt $ 4,340 Millions Visit OGE's Balance sheet
Source of OGE's Sales Visit OGE's Sales by Geography


Cumulative Oge Energy 's Long Term Debt to Equity

OGE's Long Term Debt to Equity for the trailling 12 Months

OGE Long Term Debt to Equity

(Sep 30 2023)
III. Quarter
(Jun 30 2023)
II. Quarter
(Mar 31 2023)
I. Quarter
(Dec 31 2022)
IV. Quarter
(Sep 30 2022)
III. Quarter
Y / Y Equity TTM Growth 2.25 % 2.87 % 2.52 % 8.8 % 16.4 %
Y / Y Long Term Debt TTM Growth 22.31 % 22.31 % -11.18 % -21.08 % -21.08 %
Long Term Debt to Equity TTM 0.92 0.88 0.84 0.87 0.95
Total Ranking TTM # 115 # 2147 # 113 # 317 # 19
Seq. Equity TTM Growth 3.69 % 0.21 % -0.98 % -0.61 % 4.32 %
Seq. Long Term Debt TTM Growth 0.02 % 8.64 % 12.55 % 0.01 % 0.02 %


On the trailing twelve months basis Due to the net new long-term borrowings of 0.02% during the trailing twelve months finishing in the III Quarter 2023, cumulativeLong Term Debt to Equity improved to 0.92, above the Oge Energy 's average Long Term Debt to Equity.
Long Term Debt to Equity is the average cumulative value over the last four quarters.

Among companies in the Electric Utilities industry OGE recorded the lowest Long Term Debt to Equity. While Long Term Debt to Equity total ranking has improved so far to 115, from total ranking in previous 12 month period at 2147.

Explain Long Term Debt to Equity Ratio?
How much Long Term Debt OGE´s has?
What is the structure of OGE´s Equity?

TTM Long Term Debt to Equity Company Ranking
Within: No.
Within the Electric Utilities Industry # 0
Utilities Sector # 1
Within the Market # 115


trailing twelve months Long Term Debt to Equity Statistics
High Average Low
1.14 0.9 0.75
(Mar 31 2022)   (Jun 30 2018)




Companies with similar Long Term Debt to Equity in the quarter ending Sep 30 2023, within Electric Utilities Industry Long Term Debt to EquitySep 30 2023 MRQ Long Term DebtSep 30 2023 MRQ Equity
Spruce Power Holding Corporation  2.57 $ 627.329  Millions$ 244.135  Millions
Itc Holdings Corp   2.55 $ 7,153.000  Millions$ 2,803.000  Millions
Via Renewables Inc   2.51 $ 105.000  Millions$ 41.829  Millions
Ipalco Enterprises Inc   2.38 $ 2,616.217  Millions$ 1,097.595  Millions
Vistra Corp   2.13 $ 11,758.000  Millions$ 5,521.000  Millions
Firstenergy Corp  2.09 $ 22,882.000  Millions$ 10,945.000  Millions
Pg and e Corp  2.06 $ 50,343.000  Millions$ 24,384.000  Millions
Centerpoint Energy Inc   1.89 $ 18,093.000  Millions$ 9,585.000  Millions
Puget Energy Inc  1.86 $ 9,033.552  Millions$ 4,859.871  Millions
Altus Power Inc   1.80 $ 908.034  Millions$ 503.072  Millions
Dominion Energy Inc   1.80 $ 50,322.000  Millions$ 28,028.000  Millions
Entergy Corporation  1.78 $ 24,659.343  Millions$ 13,819.008  Millions
Pnm Resources Inc   1.71 $ 3,902.687  Millions$ 2,286.384  Millions
Edison International  1.68 $ 29,532.000  Millions$ 17,571.000  Millions
Clearway Energy Inc   1.65 $ 6,995.000  Millions$ 4,250.000  Millions
Exelon Corporation  1.55 $ 39,431.000  Millions$ 25,470.000  Millions
Emera Incorporated  1.46 $ 13,549.774  Millions$ 9,259.408  Millions
American Electric Power Co Inc   1.45 $ 36,715.500  Millions$ 25,349.600  Millions
Xcel Energy Inc  1.44 $ 24,910.000  Millions$ 17,309.000  Millions
Nisource Inc   1.42 $ 11,011.300  Millions$ 7,769.300  Millions
Eversource Energy  1.41 $ 22,087.267  Millions$ 15,685.941  Millions
Duke Energy Corporation  1.38 $ 71,353.000  Millions$ 51,826.000  Millions
Hawaiian Electric Industries Inc   1.32 $ 2,944.589  Millions$ 2,224.354  Millions
Pinnacle West Capital Corporation  1.30 $ 8,414.372  Millions$ 6,488.205  Millions
Alliant Energy Corp  1.25 $ 8,429.000  Millions$ 6,726.000  Millions
Ameren Corporation  1.24 $ 13,829.000  Millions$ 11,172.000  Millions
Algonquin Power and Utilities Corp   1.19 $ 7,894.174  Millions$ 6,624.408  Millions
Hydro One Inc   1.19 $ 10,943.076  Millions$ 9,227.236  Millions
Fortis Inc   1.17 $ 20,862.010  Millions$ 17,872.312  Millions
Black Hills Corporation  1.17 $ 3,799.510  Millions$ 3,259.572  Millions

Date modified: 2023-11-03T16:42:00+00:00



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