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XOM - OGE Energy: Strong Renewable Credentials And A 4.22% Yield
March, 11 2022 12:54 PM
Exxon Mobil Corporation
OGE Energy is an electric utility serving Oklahoma City. Oklahoma City has very attractive demographics that are resulting in the company seeing customer base growth along with solid EPS growth. The stock is positioned to deliver a 10% to 11% total return over the next year. The company's 4.22% yield appears quite safe and its historical growth over time should help offset the impact of inflation. The valuation might be somewhat stretched at the current price. For further details see:
OGE Energy: Strong Renewable Credentials And A 4.22% Yield
Stock Information
Company Name:
Exxon Mobil Corporation
Stock Symbol:
XOM
Market:
NYSE
Website:
exxonmobil.com
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