OGE Energy Corp. (OGE)

carcarcebu (< 20) Submitted: 2/19/2009 5:04:05 PM : Start Price: $22.48 OGE Score: -7.61

The economy went off a cliff with OGE in the saddle yelling"Charge!". They can not spin off IPO to cover expansion of Gas gathering pipe line, Low gas prices wiped out earnings from Gas gathering. OGE had to borrow to cover the expense, purchase of generation station in OKC, purchase of wind farms construction, and they need to borrow money to build EHV line to tie wind farms to power grid. I do not want to loan them money - do you? They are in a bad spot(now).

sapila (< 20) Submitted: 4/10/2008 2:35:23 PM : Start Price: $28.76 OGE Score: -36.56

Move to smart electric systems and lines in addition to Commission forcing them to achieve more power through wind and the related transmission line infrastructure necessary to accomodate that expensive investment should leave them with very high expenses of which a good chunk (about 20%) can not be passed on to consumers.