$70,000 of OGE ENERGY CORP lobbying was just disclosed, from Q4 of 2024, in a new Lobbying Disclosure Act filing.
This included lobbying on issues like:
"Developments relating to FWS administration of Endangered Species Act; EPA 111(d) proposals re emissions from existing utility plants and 111(b) proposals re new utility plants; Administration implementation of the energy provisions of the Inflation Reduction Act and the Infrastructure Investment and Jobs Act of interest to the electric utility industry. Utility-related provisions of HR 1, including issues pertaining to permitting reform. EV tax credit. Extension of expired Indian Lands Accelerated Depreciation provision. PTC/ITC normalization relief for utility investments in solar, storage and transmission issues from implementation of the utility-related provisions of the Inflation Reduction Act of 2022. Consolidated Appropriations Act, 2023 (H.R. 2617, P.L. 117-328). Discussion of Padilla utility resiliency tax credit proposal. Cybersecurity and issues pertaining to utility resilience and energy service for military installations. LIHEAP appropriations; Administration implementation of the utility related energy and climate provisions of Inflation Reduction Act of interest to the electric utility industry. Utility-related provisions of HR 1, including issues pertaining to permitting reform and transmission infrastructure proposals; electricity provisions of Infrastructure Investment and Jobs Act; solicit support from OK and Arkansas congressional delegations for applications for DOE IIJA funding of energy projects; development of legislative proposal to address wildfire management and potential liability exposure for utilities. Issues pertaining to the availability of distribution transformers and DOEs proposed efficiency standards for distribution transformers. Consideration of possible congressional response to concerns related to Supreme Courts decision in the McGirt case"
You can find more data on corporate lobbying on Quiver Quantitative.
OGE Insider Trading Activity
OGE insiders have traded $OGE stock on the open market 1 times in the past 6 months. Of those trades, 0 have been purchases and 1 have been sales.
Here’s a breakdown of recent trading of $OGE stock by insiders over the last 6 months:
- CRISTINA F MCQUISTION (VP- Corp. Resp.& Stewardship) sold 5,008 shares for an estimated $214,521
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
OGE Hedge Fund Activity
We have seen 211 institutional investors add shares of OGE stock to their portfolio, and 212 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- T. ROWE PRICE INVESTMENT MANAGEMENT, INC. added 1,396,944 shares (+35.5%) to their portfolio in Q3 2024, for an estimated $57,302,642
- CITADEL ADVISORS LLC removed 1,023,029 shares (-99.5%) from their portfolio in Q3 2024, for an estimated $41,964,649
- CBRE INVESTMENT MANAGEMENT LISTED REAL ASSETS LLC removed 957,477 shares (-58.5%) from their portfolio in Q3 2024, for an estimated $39,275,706
- INTERNATIONAL ASSETS INVESTMENT MANAGEMENT, LLC removed 726,347 shares (-97.0%) from their portfolio in Q4 2024, for an estimated $29,961,813
- CLEARBRIDGE INVESTMENTS LTD removed 726,344 shares (-12.5%) from their portfolio in Q3 2024, for an estimated $29,794,630
- ADAGE CAPITAL PARTNERS GP, L.L.C. added 602,329 shares (+243.2%) to their portfolio in Q3 2024, for an estimated $24,707,535
- INVESCO LTD. removed 593,167 shares (-29.4%) from their portfolio in Q3 2024, for an estimated $24,331,710
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
This article is not financial advice. See Quiver Quantitative's disclaimers for more information.
