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OGE Energy reports Q1 earnings of $0.24/share, down from $0.31 last year, citing mild weather and higher costs.

Company Fundamentals
29 Apr 2026
PRNewsWire
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Neutral
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OGE Energy Corp. reported first quarter 2026 earnings of $0.24 per diluted share, down from $0.31 in the same period last year. The decline was mainly due to milder weather reducing demand and increased operation and maintenance expenses, partially offset by lower depreciation and interest costs. Oklahoma Gas and Electric, the company's regulated utility, earned $0.28 per share, down from $0.35 last year. Despite the decrease, OGE Energy maintains its 2026 earnings guidance of approximately $2.43 per share, assuming normal weather conditions for the rest of the year.

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