Sifting through countless of stocks in the Electric Utilities industry can be tedious, and sometimes two stocks are just too similar to judge which is the better investment. If you’re on the fence about investing in OGE Energy Corp. or Fortis Inc. because you’re not sure how they measure up, it’s important to compare them on a few factors before making your decision.

Read on to learn how OGE Energy Corp. and Fortis Inc. compare based on key financial metrics to determine which better meets your investment needs.

About OGE Energy Corp. and Fortis Inc.

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.

Fortis Inc. operates as an electric and gas utility company in Canada, the United States, and the Caribbean countries. The company generates, transmits, and distributes electricity to approximately 459,000 retail customers in southeastern Arizona, including the greater Tucson metropolitan area; and 107,000 retail customers in southeastern Arizona with an aggregate capacity of 3, 443 megawatts (MW). It also sells wholesale electricity to other entities in the western United States; owns gas-fired and hydroelectric generating capacity totaling 43 MW; and distributes natural gas to approximately 1,105,000 residential, commercial, and industrial customers in British Columbia, Canada. In addition, it owns and operates the electricity distribution system that serves approximately 615,000 customers in southern and central Alberta; owns four hydroelectric generating facilities with a combined capacity of 225 MW; and provides operation, maintenance, and management services to hydroelectric generating facilities. Further, the company distributes electricity in the island portion of Newfoundland and Labrador with an installed generating capacity of 145 MW; and on Prince Edward Island with a generating capacity of 90 MW. Additionally, it provides integrated electric utility service to approximately 70,000 customers in Ontario; approximately 280,000 customers in Newfoundland; approximately 35,000 customers on Grand Cayman, Cayman Islands; and approximately 92,000 customers on Maritime Electric. It also owns and operates approximately 91,100 circuit Kilometers (km) of distribution lines; and approximately 51,700 km of natural gas pipelines. Fortis Inc. was founded in 1885 and is headquartered in St. John's, Canada.

Latest Electric Utilities and OGE Energy Corp., Fortis Inc. Stock News

As of July 31, 2026, OGE Energy Corp. had a $9.8 billion market capitalization, compared to the Electric Utilities median of $17.7 million. OGE Energy Corp.’s stock is up 10.9% in 2026, down 5.2% in the previous five trading days and up 5.48% in the past year.

Currently, OGE Energy Corp.’s price-earnings ratio is 20.8. OGE Energy Corp.’s trailing 12-month revenue is $3.2 billion with a 14.4% net profit margin. Year-over-year quarterly sales growth most recently was -4.0%. Analysts expect adjusted earnings to reach $2.427 per share for the current fiscal year. OGE Energy Corp. currently has a 3.6% dividend yield.

As of July 31, 2026, Fortis Inc. had a $29.0 billion market cap, putting it in the 89th percentile of all stocks. Fortis Inc.’s stock is up 9.7% in 2026, down 3.1% in the previous five trading days and up 16.33% in the past year.

Currently, Fortis Inc.’s price-earnings ratio is 23.8. Fortis Inc.’s trailing 12-month revenue is $8.7 billion with a 14.7% net profit margin. Year-over-year quarterly sales growth most recently was 0.0%. Analysts expect adjusted earnings to reach $2.585 per share for the current fiscal year. Fortis Inc. currently has a 4.5% dividend yield.

How We Compare OGE Energy Corp. and Fortis Inc. Stock Grades

Stock evaluation requires access to huge amounts of data and the knowledge and time to sift through it all, make sense of financial ratios, read income statements and analyze recent stock movements. AAII created A+ Investor, a robust data suite that condenses data research in an actionable and customizable way suitable for investors of all knowledge levels, to help investors streamline and work through such data.

AAII’s proprietary stock grades come with A+ Investor. These offer intuitive A‐F grades for each of five key investing factors: value, growth, momentum, earnings estimate revisions and quality. Here, we’ll take a closer look at OGE Energy Corp. and Fortis Inc.’s stock grades to see how they measure up against one another.

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OGE Energy Corp. and Fortis Inc. Stock Value Grades

Company	Ticker	Value
OGE Energy Corp.	OGE	C
Fortis Inc.	FTS	C

Successful stock investing involves buying low and selling high, so stock valuation is an important consideration for stock selection.

Buying stocks that are going to go up typically means buying stocks that are undervalued in the first place, although momentum investors may argue that point.

AAII’s A+ Investor Value Grade derives from a stock’s value score. The Value Score is the percentile rank of the average of the percentile ranks of the price-to-sales ratio, price-earnings ratio, enterprise-value-to-EBITDA (EV/EBITDA) ratio, shareholder yield, price-to-book-value ratio and price-to-free-cash-flow ratio. The score is variable, meaning it can consider all six ratios or, should any of the six ratios not be valid, the remaining ratios that are valid. To be assigned a Value Score, stocks must have a valid (non-null) ratio and corresponding ranking for at least two of the six valuation ratios.

Stocks with a Value Score from 81 to 100 are considered deep value, those with a score between 61 and 80 are a good value and so on.

OGE Energy Corp. has a Value Score of 49, which is Average. Fortis Inc. has a Value Score of 49, which is Average.

The Value Stock Winner: No Clear Winner

Neither OGE Energy Corp. or Fortis Inc. has a high enough value grade to be considered a “winner.” Investors who are considering these companies should do additional due diligence and research to see if either could be a good addition to their portfolio. It’s important to look at a wide range of financial metrics in order to determine if OGE Energy Corp. or Fortis Inc. is the better investment when it comes to value.

OGE Energy Corp. and Fortis Inc. Growth Grades

Company	Ticker	Growth
OGE Energy Corp.	OGE	C
Fortis Inc.	FTS	B

The foundation of growth investing is seeking out stocks of companies exhibiting strong, consistent and prolonged growth that is expected to continue into the future.

In order to compute the growth score and assign it a letter grade, the percentile ranks for each of three components‐consistency of annual sales growth, five-year sales growth rankings adjusted for extreme levels, and consistency of positive annual cash from operations‐must be determined. These three rank figures are added together, and the sum is ranked against the entire stock universe to arrive at a company’s Growth Score to create an equal distribution of grades.

The companies in the bottom 20% of the stock universe receive Growth Grades of F, considered to be very weak, while those in the top 20% receive A grades, which are considered very strong.

OGE Energy Corp. has a Growth Score of 47, which is Average. Fortis Inc. has a Growth Score of 73, which is Strong.

The Growth Grade Winner: Fortis Inc.

As you can clearly see from the Growth Grade breakdown above, Fortis Inc. has a more attractive growth grade than OGE Energy Corp.. For investors who focus solely on how a company is growing relative to other companies in the same industry, Fortis Inc. could be a good stock to add to their portfolio. However, it’s important for investors to analyze multiple factors based on a wide range of metrics before deciding whether to buy.

OGE Energy Corp. and Fortis Inc.’s Quality Grades

Company	Ticker	Quality
OGE Energy Corp.	OGE	C
Fortis Inc.	FTS	D

Like the Value Grade, AAII’s A+ Investor Quality Grade comes from the percentile rank of key metrics. Specifically, the Quality Score is the percentile rank of the average of the percentile ranks of return on assets (ROA), return on invested capital (ROIC), gross profit relative to assets, buyback yield, change in total liabilities to assets, accruals, Z double prime bankruptcy risk (Z) score and the F-Score.

The score is variable, meaning it can consider all eight measures or, should any of the eight measures not be valid, the remaining measures that are valid. To be assigned a Quality Score, stocks must have a valid (non-null) measure and corresponding ranking for at least four of the eight quality measures.

The Quality Score is used to assess the underlying “quality” of a particular stock. A higher-quality stock possesses traits associated with upside potential and reduced downside risk. Backtesting of the Quality Grade shows that stocks with higher grades, on average, outperformed stocks with lower grades over the period of 1998 through 2019.

Stocks receive better grades (higher scores) for having higher scores for the quality subcomponents and worse grades (lower scores) for lower scores for the subcomponents.

OGE Energy Corp. has a Quality Score of 47, which is Average. Fortis Inc. has a Quality Score of 38, which is Weak.

The Quality Stock Winner: No Clear Winner

Neither OGE Energy Corp. or Fortis Inc. has a high enough Quality Grade to be considered a “winner.” Investors who are considering these companies should do additional due diligence and research to see if either could be a good addition to their portfolios. It’s important to look at a wide range of financial metrics in order to determine if OGE Energy Corp. or Fortis Inc. is the better investment when it comes to quality.

Other OGE Energy Corp. and Fortis Inc. Grades

In addition to Value, Quality and Growth, A+ Investor also provides grades for Momentum and Estimate Revisions.

Momentum grades help uncover stocks experiencing anomalously high rates of return; research finds that stocks with high relative levels of momentum tend to outperform, whereas those with low levels of momentum tend to continue underperforming.

Earnings estimate revisions scores take into account the magnitude of a company’s earnings surprise in its last two reported fiscal quarters. Often, surprises beget further surprises‐or at least continued sales growth (the exact opposite is generally true, too).

These 2 key factors, when combined with the above, provide a holistic view into a particular stock. Further, by joining A+ Investor you can see whether OGE Energy Corp. and Fortis Inc. pass any of our 60+ stock screens that have outperformed the market since their creation.

So, Which Is the Better Investment, OGE Energy Corp. or Fortis Inc. Stock?

Overall, OGE Energy Corp. stock has a Value Score of 49, Growth Score of 47 and Quality Score of 47.

Fortis Inc. stock has a Value Score of 49, Growth Score of 73 and Quality Score of 38.

Comparing OGE Energy Corp. and Fortis Inc.’s grades, scores and metrics can act as a solid basis to determine whether they may be a good investment or not. You’ll also want to look at your portfolio’s asset allocation as well as your risk tolerance and financial goals to see if either of these stocks would make a good fit for you. AAII can help you figure out which investments align with your individual needs and preferences.

Investors are encouraged to do their own due diligence and research. In this way, individuals can effectively become managers of their own assets‐without having to rely on others for financial independence. You can count on AAII for timeless articles on financial planning and stock-picking, unbiased research and actionable analysis.

A+ Investor adds to our qualitative teaching with a powerful data suite to help you whittle down investment choices to find stocks, exchange-traded funds (ETFs) or mutual funds that meet your needs.

AAII Disclaimer

We make no representations or warranties that any investor will, or is likely to, achieve profits similar to those shown, because past, hypothetical or simulated performance is not necessarily indicative of future results. Before making an investment decision, you should consider your circumstances and whether the information on our content is applicable to your situation. This information was prepared in good faith, and we accept no liability for any errors or omissions. The full disclaimer can be read here.