Themes / Group
Fading · newly observed relationshipLatest completed snapshot · Sep 9 · 11:10 ET

MARKET-DISCOVERED GROUP

Regulated Electric Utilities · OGE

THE TRADER READShared activity without a clean directional read

14 of 14 measured members are falling. Capital-flow confirmation is unavailable.

Price breadth14 of 14 fallingRelative median unavailable
Capital-flow alignmentUnavailablePrice breadth is not yet confirmed by flow
Activity nowBuilding_pressureActivity score 30/100
Evidence depth0 support daysLow sample—context, not a validated playbook
EVIDENCE CLOCK

What happened, in timestamp order

0 timed events
TIMING READA causal timing read is unavailable because no material member price onset could be timestamped.

No session event has enough timestamp precision to place on the clock.

2 earlier filing context receipts

TUE, FEB 17OGE filing documented shared operating contextcredit / rates affecting interest expense · date precision only

SUN, AUG 2AEE filing documented shared operating contextcredit / rates affecting interest expense · date precision only

Headline times and retained activity confirmations are point-in-time evidence. Price order is inferred from aligned 5-minute bars. Filing evidence has date precision only and is context, not an intraday catalyst claim.

01 · WHAT IS HAPPENING

The move, the flow and who is driving it

Price breadth, unusual activity and signed capital flow are separate observations
Price sequence unavailableA timestamped price sequence is unavailable.
RELATIVE CO-MOVEMENT

How the members are behaving together

Session-normalized

Observed intraday paths are not available for this group yet.

02 · WHY IT MATTERS

Why now and where the move could travel

Context and lead/lag links are evidence, not proof of causation or a forecast
WHY NOW

Verified recent context

0 items

No verified recent catalyst is attached to this move. The relationship may be market-led rather than news-led.

WHY THIS GROUP EXISTS

Shared filing context

14/14 members covered

Moderate filing support: the strongest shared 10-Q/K outlook is operating setup (near-term outlook) across AEE, AEP, AVA, ETR, EVRG, FE, IDA, LNT, MGEE, OGE, PNW, POR, PPL.

credit / rates affecting interest expense

“Interest expense increased $11.1 million, or 5.2 percent, primarily due to the $350.0 million in senior notes issuance in April 2025 and the full year effect of the issuance of $350.0 million in senior notes in August 2024, partially offset by a decrease in other interest expense related to borrowings under OG&E's revolving credit agreement during the second and third quarters of 2024, as well as the deferral of certain interest expense to a regulatory asset in accordance with SB 998.”

OGE 10-K · 2026-02-18
demand / volume affecting orders

“Failure to comply with these laws and regulations could result in the assessment of administrative, civil and criminal penalties, the imposition of remedial requirements and the issuance of orders enjoining future operations.”

OGE 10-Q · 2026-07-29
demand / volume affecting expense

“Operating revenues increased $274.8 million, or 9.2 percent, primarily driven by the below factors. (In millions) $ Change Fuel, purchased power and direct transmission expense (A) $ 183.5 Price variance (B) 66.4 Non-residential demand and related revenues 15.1 New customer growth 11.6 Guaranteed Flat Bill program (C) 7.8 Wholesale transmission revenue 4.8 Other 0.5 Industrial and oilfield sales (1.5 ) Quantity impacts (primarily weather) (D) (13.4 ) Change in operating revenues $ 274.8 (A) These expenses are generally recoverable from customers through regulatory mechanisms and are offset in Fuel, Purchased Power and Direct Transmission Expense in the statements of income.”

OGE 10-K · 2026-02-18
CONFIRMATION NETWORK

Outsiders and cross-asset links

0 outsiders confirming
AEE → UVXYPositive historical lead/lag · strength 0.25
AEE → HYGInverse historical lead/lag · strength -0.16

Filing-linked outsiders test whether the move is spreading beyond the established cohort.

No high-confidence filing-linked outsiders are available for this group yet.

03 · WHO IS IN IT

Member participation

Unusual activity and daily price direction are shown separately
XELFEPPLPNWAEEAVAOGEETRPORAEPLNTEVRGMGEEIDA

4/13 active0 rising · 14 falling

MemberUnusual activityToday's moveRead now
XELXcel Energy Inc.
Elevated · 100/100
-0.9%
Active; unclassifiedHistorical role unavailable
FEFirstEnergy Corp.
Elevated · 78/100
-0.6%
Active; unclassifiedHistorical role unavailable
PPLPPL Corporation
Elevated · 77/100
-1.5%
Active; unclassifiedHistorical role unavailable
PNWPinnacle West Capital Corporation
Elevated · 77/100
-0.9%
Active; unclassifiedHistorical role unavailable
AEEAmeren Corporation
Elevated · 65/100
-0.5%
Active; unclassifiedHistorical role unavailable
AVAAvista Corporation
Elevated · 54/100
-0.5%
Active; unclassifiedHistorical role unavailable
OGEOGE Energy Corp.
Most unusual · 53/100
-1.0%
Active; unclassifiedHistorical role unavailable
ETREntergy Corporation
Elevated · 50/100
-1.2%
Active; unclassifiedHistorical role unavailable
PORPortland General Electric Company
Elevated · 47/100
-1.2%
Active; unclassifiedHistorical role unavailable
AEPAmerican Electric Power Company, Inc.
Elevated · 47/100
-0.6%
Active; unclassifiedHistorical role unavailable
LNTAlliant Energy Corporation
Elevated · 46/100
-1.1%
Active; unclassifiedHistorical role unavailable
EVRGEvergy, Inc.
Elevated · 42/100
-1.2%
Active; unclassifiedHistorical role unavailable
MGEEMGE Energy, Inc.
Elevated · 38/100
-1.5%
Active; unclassifiedHistorical role unavailable
IDAIDACORP, Inc.
Elevated · 32/100
-1.4%
Active; unclassifiedHistorical role unavailable
View exact member values
TICKERCompanyRole nowTodayObserved historyTrader interpretation
XELXcel Energy Inc.Participating-0.9%—Price participation is not yet confirmed by per-name flow.
FEFirstEnergy Corp.Participating-0.6%—Price participation is not yet confirmed by per-name flow.
PPLPPL CorporationParticipating-1.5%—Price participation is not yet confirmed by per-name flow.
PNWPinnacle West Capital CorporationParticipating-0.9%—Price participation is not yet confirmed by per-name flow.
AEEAmeren CorporationParticipating-0.5%—Price participation is not yet confirmed by per-name flow.
AVAAvista CorporationParticipating-0.5%—Price participation is not yet confirmed by per-name flow.
OGEOGE Energy Corp.Most unusual-1.0%—Most unusual activity in this snapshot; performance direction may differ.
ETREntergy CorporationParticipating-1.2%—Price participation is not yet confirmed by per-name flow.
PORPortland General Electric CompanyParticipating-1.2%—Price participation is not yet confirmed by per-name flow.
AEPAmerican Electric Power Company, Inc.Participating-0.6%—Price participation is not yet confirmed by per-name flow.
LNTAlliant Energy CorporationParticipating-1.1%—Price participation is not yet confirmed by per-name flow.
EVRGEvergy, Inc.Participating-1.2%—Price participation is not yet confirmed by per-name flow.
MGEEMGE Energy, Inc.Participating-1.5%—Price participation is not yet confirmed by per-name flow.
IDAIDACORP, Inc.Participating-1.4%—Price participation is not yet confirmed by per-name flow.

04 · HAS THIS HAPPENED BEFORE

Identity history versus measured outcomes

Structural recurrence is not the same as a validated trading outcome
POINT-IN-TIME LIVE OUTCOMES

Live outcome ledger collecting

0/0 events completed

No completed point-in-time outcome is available yet. New live confirmations are now retained with their exact observation timestamp; statistics appear only after the corresponding candles complete.

No point-in-time live observations have completed yet.
Low structural sample

Only 0 completed episodes across 0 active sessions; treat history as context, not a validated playbook. These episode counts describe recurrence; the outcome ledger above is the only forward-performance evidence.

Structural support0 daysHow often the cohort identity was observed
Completed episodes0Separate periods of broad group activity
Active sessions0Completed session observations, not trades

Historical cohort observations are not available yet.