What is Oge Energy Corp. worth?
With the base-case assumptions below, a discounted cash flow model on Oge Energy Corp.'s reported free cash flow gives -$16.99 per share. The share price was $44.81 on September 25, 2026, 364% below that value.
Inputs from the filings
Three sets of assumptions
| Case | Growth yrs 1-5 | Discount rate | Value per share | Value vs price |
|---|---|---|---|---|
| Bear | 4.0% | 10.0% | -$20.68 | -146% |
| Base | 9.0% | 9.0% | -$16.99 | -138% |
| Bull | 14.0% | 8.0% | -$10.11 | -123% |
Sensitivity: base case value per share
| 1.5% | 2.0% | 2.5% | 3.0% | 3.5% | |
|---|---|---|---|---|---|
| 7.0% | -$14.29 | -$13.46 | -$12.44 | -$11.17 | -$9.54 |
| 8.0% | -$16.31 | -$15.77 | -$15.13 | -$14.37 | -$13.44 |
| 9.0% | -$17.79 | -$17.42 | -$16.99 | -$16.50 | -$15.91 |
| 10.0% | -$18.91 | -$18.65 | -$18.35 | -$18.01 | -$17.62 |
| 11.0% | -$19.79 | -$19.60 | -$19.38 | -$19.14 | -$18.87 |
Where the presets come from
Base: years 1 to 5 grow at Oge Energy Corp.'s revenue growth rate over the last 5 fiscal years (9.0% a year), held between -5% and 15%. Years 6 to 10 grow halfway between that and the long-run rate of 2.5%. Future cash is discounted at 9% a year.
Bear: 5 points less growth, 2% long-run growth, 10% discount rate. Bull: 5 points more growth (at most 25%), 3% long-run growth, 8% discount rate.
Value per share = (present value of 10 years of free cash flow + present value of everything after + cash - debt) / diluted shares.
This is a model run on assumptions, not a recommendation or a price target. Small changes in the discount rate or growth move the result a lot, as the table above shows. Change them yourself in the calculator.
Adjust the assumptions
Move the sliders for growth, long-run growth and discount rate, or switch to average free cash flow, and see the value per share change.
Adjust the assumptions