Is OGE ENERGY CORP. (OGE) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2025
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 56.9% / 30% | 0.0% / 30% | 4.6% / 30% | 0.96% / 5% | ✗ NOT HALAL |
| DJIM | 56.9% / 33% | 0.0% / 33% | 4.6% / 33% | 0.96% / 5% | ✗ NOT HALAL |
| MSCI | 39.4% / 33% | 0.0% / 33% | 3.2% / 33% | 0.96% / 5% | ✗ NOT HALAL |
| S&P | 56.9% / 33% | 0.0% / 33% | 4.6% / 33% | 0.96% / 5% | ✗ NOT HALAL |
| FTSE | 39.4% / 33% | 0.0% / 33% | 3.2% / 50% | 0.96% / 5% | ✗ NOT HALAL |
Financial Highlights
Profitability
| Gross Margin | 45.0% | |
| Operating Margin | 18.7% | |
| Net Margin | 14.4% | |
| Return on Equity (ROE) | 9.8% | |
| Return on Assets (ROA) | 3.5% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $1.1B |
| Free Cash Flow | $83M |
| Total Debt | $5.7B |
| Debt-to-Equity | 114.3 |
| Current Ratio | 0.8 |
| Total Assets | $14.4B |
Price & Trading
| Last Close | $47.67 |
| 50-Day MA | $46.21 |
| 200-Day MA | $44.95 |
| Avg Volume | 1.6M |
| Beta | 0.6 |
|
52-Week Range
$40.80
| |
About OGE ENERGY CORP. (OGE)
OGE Energy Corp., through its subsidiaries, generates, transmits, distributes, and sells electric energy in the United States. It owns and operates coal-fired, natural gas-fired, wind-powered, and solar-powered generating assets. The company also provides retail electric services to approximately 913,000 customers that covers a service area of approximately 30,000 square miles. Additionally, it offers bill payment and electric construction services for residential and business sectors. OGE Energy Corp. was founded in 1902 and is based in Oklahoma City, Oklahoma.
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Frequently Asked Questions
Is OGE ENERGY CORP. (OGE) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), OGE ENERGY CORP. is Not Halal. The company fails one or more screening criteria. We screen against all 5 major standards: AAOIFI, DJIM, MSCI, S&P, and FTSE.
What is OGE ENERGY CORP.'s debt ratio?
OGE ENERGY CORP.'s debt ratio is 56.9% under the AAOIFI standard (which uses market capitalization as the denominator). The AAOIFI threshold is 30%. Under MSCI and FTSE (which use total assets as the denominator), the debt ratio is 39.4%.
What are OGE ENERGY CORP.'s key financial metrics?
OGE ENERGY CORP. has a market capitalization of $9.8B, trailing P/E ratio of 20.5, and revenue of $3.3B. The company maintains a gross margin of 45.0% and a net margin of 14.4%. Return on equity stands at 9.8%.
How often is the screening data updated?
Our screening data is updated regularly using the latest available financial statements and market data. Stock prices and market caps are refreshed frequently, while financial statements are updated quarterly when companies report earnings.
Disclaimer: HalalStockGuide.com provides Shariah compliance screening for educational and informational purposes only. This is not a fatwa, financial advice, or a recommendation to buy or sell any security. Screening results are based on publicly available financial data and established methodologies. Always consult a qualified Islamic scholar and a licensed financial advisor before making investment decisions.