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Bullish Case: Institutional accumulation, consistent dividends, and strategic infrastructure investment hint at OGE's growth potential despite a recent earnings dip.


Bearish Case: Earnings decline, regulatory uncertainties, and mean-reverting price action underscore potential limited upside and continued underperformance.


Potential Outcomes:

1. Earnings beat: 25% - Economic recovery boosts demand.

2. Regulatory changes: 20% - Policy shift impacts operations.

3. Interest rates rise: 30% - Fed's actions increase costs.

4. infrastructure investments pay off: 10% - Long-term value realized.

5. Dividend maintains: 15% - Attracting yield investors.


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April 09, 2024


Oge Energy Forecast

OGE        Oge Energy
Price Forecast: NEUTRAL    Price Action: MEAN REVERTING (?)






Correlated Stock Forecasts

Assets that tend to move strongly with OGE



WEC Forecast + Options Trading Strategies   [WEC]  WEC Energy (0.92)


ED Forecast + Options Trading Strategies   [ED]  Consolidated Edison (0.88)


CNP Forecast + Options Trading Strategies   [CNP]  Centerpoint Energy (0.86)


UTSL Forecast + Options Trading Strategies   [UTSL]  Direxion Daily Utilities Bull 3X Shares (0.86)


SRE Forecast + Options Trading Strategies   [SRE]  Sempra Energy (0.85)



Uncorrelated Stock Forecasts

Assets with little price relationship to OGE



NCLH Forecast + Options Trading Strategies   [NCLH]  Norwegian Cruise Line (-0.0)


DFS Forecast + Options Trading Strategies   [DFS]  Discover Financial Services (0.0)


TOST Forecast + Options Trading Strategies   [TOST]  Toast (0.0)


SQ Forecast + Options Trading Strategies   [SQ]  Square (0.0)


BXMT Forecast + Options Trading Strategies   [BXMT]  Blackstone Mortgage (0.01)



Anticorrelated Stock Forecasts

Assets that tend to move strongly against OGE



GOOGL Forecast + Options Trading Strategies   [GOOGL]  Alphabet (-0.73)


GRPN Forecast + Options Trading Strategies   [GRPN]  Groupon (-0.75)


APP Forecast + Options Trading Strategies   [APP]  Applovin Corp (-0.8)


YCS Forecast + Options Trading Strategies   [YCS]  ProShares UltraShort Yen (-0.8)


J Forecast + Options Trading Strategies   [J]  Jacobs Engineering Group (-0.81)





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