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 Xcel Energy 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 Xcel Energy Inc. compare based on key financial metrics to determine which better meets your investment needs.

About OGE Energy Corp. and Xcel Energy 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.

Xcel Energy Inc., through its subsidiaries, operates as an electric and natural gas delivery company in the United States. It operates through Regulated Electric Utility and Regulated Natural Gas Utility segments. The company generates, purchases, transmits, distributes, and sells electricity through its energy portfolio, including wind, nuclear, hydroelectric, biomass, and solar power from both owned generation facilities and PPAs, as well as its fossil fuel energy portfolio, such as coal and natural gas; sale and resale of wholesale transmission service; and engages in wholesale commodity and trading operations. It also purchases, transports, stores, distributes, and sells natural gas; develops and leases natural gas pipelines and storage facilities; operates interstate natural gas pipeline; and invests in rental housing projects, energy technology companies, and community solar garden nonregulated assets. It serves electric and natural gas customers in portions of Colorado, Michigan, Minnesota, New Mexico, North Dakota, South Dakota, Texas, and Wisconsin. The company was formerly known as Northern States Power company. Xcel Energy Inc. was incorporated in 1909 and is headquartered in Minneapolis, Minnesota.

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

As of February 27, 2026, OGE Energy Corp. had a $10.1 billion market capitalization, compared to the Electric Utilities median of $20.2 million. OGE Energy Corp.’s stock is NA in 2026, NA in the previous five trading days and up 8.19% in the past year.

Currently, OGE Energy Corp.’s price-earnings ratio is 21.2. OGE Energy Corp.’s trailing 12-month revenue is $3.3 billion with a 14.4% net profit margin. Year-over-year quarterly sales growth most recently was -4.6%. Analysts expect adjusted earnings to reach $2.428 per share for the current fiscal year. OGE Energy Corp. currently has a 3.5% dividend yield.

Currently, Xcel Energy Inc.’s price-earnings ratio is 24.4. Xcel Energy Inc.’s trailing 12-month revenue is $14.7 billion with a 13.8% net profit margin. Year-over-year quarterly sales growth most recently was 14.1%. Analysts expect adjusted earnings to reach $4.115 per share for the current fiscal year. Xcel Energy Inc. currently has a 2.7% dividend yield.

How We Compare OGE Energy Corp. and Xcel Energy 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 Xcel Energy Inc.’s stock grades to see how they measure up against one another.

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OGE Energy Corp. and Xcel Energy Inc. Growth Grades

Company	Ticker	Growth
OGE Energy Corp.	OGE	C
Xcel Energy Inc.	XEL	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 49, which is Average. Xcel Energy Inc. has a Growth Score of 79, which is Strong.

The Growth Grade Winner: Xcel Energy Inc.

As you can clearly see from the Growth Grade breakdown above, Xcel Energy 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, Xcel Energy 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 Xcel Energy Inc.’s Momentum Grades

Company	Ticker	Momentum
OGE Energy Corp.	OGE	C
Xcel Energy Inc.	XEL	C

Momentum grades help to 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. Momentum is based on the price change of a stock over a specified period relative to all other stocks.

Typically, AAII looks at the weighted relative strength over the trailing four quarters. The weighted four-quarter relative strength rank is the relative price change for each of the past four quarters. The most recent quarterly price change is given a weight of 40% and each of the three previous quarters are given a weighting of 20%.

OGE Energy Corp. has a Momentum Score of 49, which is Average. Xcel Energy Inc. has a Momentum Score of 50, which is Average.

The Momentum Stock Winner: No Clear Winner

Neither OGE Energy Corp. or Xcel Energy Inc. has a strong enough Momentum Grade to be considered a “winner.” Investors 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 Xcel Energy Inc. is the better investment when it comes to momentum.

OGE Energy Corp. and Xcel Energy Inc.’s Estimate Revisions Grades

Company	Ticker	Earnings Estimate
OGE Energy Corp.	OGE	C
Xcel Energy Inc.	XEL	D

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

Estimate revisions offer an indication of what analysts are thinking about the short-term prospects of a firm. Estimate revisions are based on the statistical significance of a firm’s last two quarterly earnings surprises and the percentage change in its consensus estimate for the current fiscal year over the past month and past three months.

OGE Energy Corp. has a Earnings Estimate Score of 45, which is Neutral. Xcel Energy Inc. has a Earnings Estimate Score of 30, which is Negative.

The Earnings Estimate Revisions Stock Winner: No Clear Winner

Neither OGE Energy Corp. or Xcel Energy Inc. has an Earnings Estimate Revisions Grade that could be considered a “winner.” Investors 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 Xcel Energy Inc. is the better investment when it comes to estimate revisions.

Other OGE Energy Corp. and Xcel Energy Inc. Grades

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

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 Quality Grade comes from the ranking of key metrics. Specifically, the quality grade is the percentile rank of the composite 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 F-Score.

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 Xcel Energy 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 Xcel Energy Inc. Stock?

Overall, OGE Energy Corp. stock has a Growth Score of 49, Momentum Score of 49 and Estimate Revisions Score of 45.

Xcel Energy Inc. stock has a Growth Score of 79, Momentum Score of 50 and Estimate Revisions Score of 30.

Comparing OGE Energy Corp. and Xcel Energy 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.