OGE Energy Corp. (OGE) reported third quarter earnings per share (EPS) of $1.40, topping the Zacks Consensus EPS estimate of $1.34. However, EPS in the reported quarter came a dime short, compared to the year-ago EPS of $1.50.  Earnings were boosted in the reported quarter by strong results at Oklahoma Gas and Electric Company (OG&E), offset by cooler weather in the OG&E service territory, lower commodity prices in the Enogex midstream pipeline business and an increase in the number of shares outstanding.  In the reported quarter, OG&E registered earnings of $1.26 per share, compared to $1.15 per share in the year-ago quarter. Enogex recorded earnings of 18 cents per share, compared to 30 cents per share in the year-ago quarter. The holding company, including results from the OGE Energy Resources marketing business, posted a loss of 4 cents per share, compared to earnings of 5 cents per ...

DrStockPick.com Stock Report!

Wednesday August 5, 2009

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The Procter & Gamble Company (NYSE:PG) announced diluted net earnings per share for the fiscal year ending June 30, 2009 of $4.26, up 17 percent and exceeding the Company’s guidance range of $4.20 to $4.25. Core EPS, which excludes the current year impact from the sale of the Folgers business and certain tax adjustments in the prior fiscal year, increased eight percent versus fiscal 2008. For the April - June quarter, diluted net earnings per share were $0.80, above the Company’s guidance range of $0.74 to $0.79 for the quarter.

China Nepstar Chain Drugstore Ltd. (NYSE: NPD), the largest drugstore chain in China based on the number

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OGE Energy Corp. (OGE) fell nearly 2% this morning and is pressuring a short-term level of support at $25.60. The Zacks #2 Rank (“Buy”) stock trades with a P/E of 9.9X, significantly lower than the industry average.

"OGE" Free Stock Analysis: Buy? Sell? Hold?Zacks Investment Research

a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="http://2.bp.blogspot.com/_T9VXVyuEITg/STtlkEBkX0I/AAAAAAAAAmM/1FYndgjniZU/s1600-h/oilderrick.jpg"img style="float:right; margin:0 0 10px 10px;cursor:pointer; cursor:hand;width: 213px; height: 320px;" src="http://2.bp.blogspot.com/_T9VXVyuEITg/STtlkEBkX0I/AAAAAAAAAmM/1FYndgjniZU/s320/oilderrick.jpg" border="0" alt=""id="BLOGGER_PHOTO_ID_5276923058624683842" //abr /Oil may break through $40 a barrel, since it is skirting very close to that price and has traded as low as $40.81. Recently, I wrote about the trucking and package delivery a href="http://stockerblog.blogspot.com/2008/12/stocks-which-benefit-from-low-oil.html"stocks which could benefit from lower gasoline prices/a.br /br /With the price of oil and natural gas tanking, investors are now looking closely at the utility stocks that use oil and gas as a major fuel source of their electrical generation. Hopefully, the cost savings for these companies will pass through to the bottom line long before the Utilities Commissions implement rate reductions. br /br /Pinnacle West Capital Corp. (PNW) has one of the heaviest exposures, with 24% of their electric energy coming from oil and natural gas. About 35% comes from coal and 21.5% from nuclear. This ...

Oklahoma is a land of innovation. After all, the first parking meter came out of this state. Today Oklahoma is a top producer of automobiles and planes. Centrally located, mild temperatures and low cost of living make Oklahoma a very attractive state. Here are some interesting facts about Oklahoma:1. Oklahoma’s top exports are pumps for liquids, and liquid elevators.2. Oklahoma offers an incentive program for new employers generating employment within the state. Its quality jobs program pays up to 5% of the total payroll expense for up to 10 years.3. The cost of doing business in Oklahoma is the 10th lowest in the country.4. It is estimated that Oklahoma will be the second largest provider of wind power by 2030.5. The state’s aerospace industry employs over 143,000 people.6. There are 4 foreign trade zones within the state.7. ...

One way to analyze electric utility stocks is to look at what types of fuel they use to run their generators, and how much exposure to oil and natural gas that they have. If you believe the price of oil and gas has peaked and will continue to drop, then it may be time to take a close look at the electric utility stocks with the highest usage of these fuels.Pinnacle West Capital Corp. (PNW) has one of the heaviest exposures, with 24% of their electric energy coming from oil and natural gas. About 35% comes from coal and 21.5% from nuclear. This Phoenix, Arizona based company has a PE of 10, a PEG of 3.55 and a yield of 6%.Westar Energy Inc. (WR) generates about 34% of its energy from natural gas, with 56% from coal and 9% from nuclear. This utility which serves Kansas ...