OGE Energy (OGE)

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OGE Energy Corp. announces appointment of Lyle Ganske to Board of Directors
Prnewswire· 2025-07-30 20:30
OKLAHOMA CITY, July 30, 2025 /PRNewswire/ -- OGE Energy Corp. (NYSE: OGE), announces the appointment of Lyle G. Ganske to the OGE Energy board of directors. Ganske will serve on the nominating, corporate governance and stewardship committee."Lyle brings extensive corporate governance expertise across numerous industries to the board," said Sean Trauschke, OGE Energy Corp. Chairman, President and CEO. "His perspective will be critical to OGE Energy's continued growth, and we all look forward to working with ...
OGE Energy (OGE) - 2025 Q2 - Earnings Call Transcript
2025-07-30 14:02
OGE Energy (OGE) Q2 2025 Earnings Call July 30, 2025 09:00 AM ET Company ParticipantsJason Bailey - Director of Investor RelationsSean Trauschke - Chairman, President & CEOCharles Walworth - CFO & TreasurerNathan Richardson - AVP - Equity ResearchDylan Lipner - Associate - Equity ResearchConference Call ParticipantsBrian Russo - Research AnalystOperatorGood day and thank you for standing by. Welcome to the OGE Energy Corp. Twenty twenty five Second Quarter Earnings and Business Update Call. At this time, al ...
OGE Energy (OGE) - 2025 Q2 - Earnings Call Transcript
2025-07-30 14:00
OGE Energy (OGE) Q2 2025 Earnings Call July 30, 2025 09:00 AM ET Speaker0Good day and thank you for standing by. Welcome to the OGE Energy Corp. Twenty twenty five Second Quarter Earnings and Business Update Call. At this time, all participants are in listen only mode. After the speakers' presentation, there will be a question and answer session.To ask a question during the session, you will need to press 11 on your telephone. You will then hear automated message advising your hand is raised. To withdraw yo ...
OGE Energy (OGE) - 2025 Q2 - Earnings Call Presentation
2025-07-30 13:00
Q2 2025 Earnings & Business Update Conference Call July 30, 2025 Safe Harbor Some of the matters in this presentation may contain forward-looking statements that are subject to certain risks, uncertainties, and assumptions. Such forward-looking statements are intended to be identified in this document by the words "anticipate," "believe," "estimate," "expect," "forecast," "intend," "objective," "plan," "possible," "potential," "project," "target" and similar expressions. Actual results may vary materially. ...
OGE Energy (OGE) - 2025 Q2 - Quarterly Results
2025-07-29 21:55
Exhibit 99.01 OGE Energy Corp. reports second quarter 2025 results OKLAHOMA CITY — OGE Energy Corp. (NYSE: OGE), the parent company of Oklahoma Gas and Electric Company ("OG&E"), today reported earnings of $0.53 per diluted share during the three months that ended June 30, 2025, compared to $0.51 per diluted share in the second quarter 2024. "Given the strong economies in Oklahoma and Arkansas, we are currently constructing approximately 550 MW of new natural gas combustion turbine generation projects which ...
OGE Energy (OGE) - 2025 Q2 - Quarterly Report
2025-07-29 21:54
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2025 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _____to_____ Commission File Number Exact name of registrants as specified in their charters, address of principal executive offices and registrants' telephone number I.R ...
OGE Energy (OGE) Earnings Expected to Grow: Should You Buy?
ZACKS· 2025-07-23 15:07
The market expects OGE Energy (OGE) to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended June 2025. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on ...
OGE Energy Corp. second quarter 2025 earnings webcast
Prnewswire· 2025-06-30 20:26
Group 1 - OGE Energy Corp. will hold its quarterly earnings and business update conference call on July 30, 2025, at 9 a.m. Eastern Time [1] - The conference call will be accessible via webcast on OGE Energy's official website [1] - OGE Energy Corp. is the parent company of OG&E, which serves approximately 909,000 customers in Oklahoma and western Arkansas [1]
EVRG or OGE: Which Is the Better Value Stock Right Now?
ZACKS· 2025-05-29 16:46
Group 1 - Evergy Inc (EVRG) has a Zacks Rank of 2 (Buy), indicating a positive earnings outlook, while OGE Energy (OGE) has a Zacks Rank of 3 (Hold) [3] - Value investors utilize various metrics to identify undervalued companies, including P/E ratio, P/S ratio, earnings yield, and cash flow per share [4] - EVRG has a forward P/E ratio of 16.32 and a PEG ratio of 2.86, while OGE has a forward P/E of 19.23 and a PEG ratio of 3.04 [5] Group 2 - EVRG's P/B ratio is 1.52, compared to OGE's P/B ratio of 1.91, indicating a better valuation relative to book value [6] - Based on the analysis, EVRG earns a Value grade of B, while OGE receives a Value grade of C, suggesting that EVRG is the more attractive option for value investors [6]
OGE Energy's Q1 Earnings Surpass Estimates, Revenues Rise Y/Y
ZACKS· 2025-05-06 16:50
Core Viewpoint - OGE Energy Corp. reported strong first-quarter 2025 results, with significant increases in earnings and revenues compared to the previous year, indicating robust operational performance and growth potential [1][4]. Financial Performance - First-quarter 2025 earnings per share were 31 cents, exceeding the Zacks Consensus Estimate of 22 cents by 40.9% and improving 244.4% from 9 cents in the prior-year quarter [1]. - Operating revenues reached $747.7 million, a 25.3% increase from $596.8 million in the prior-year quarter, and surpassed the Zacks Consensus Estimate of $693 million by 8% [1]. - Net income for the first quarter was $62.7 million, up 237.1% from $18.6 million in the prior-year quarter [4]. Operational Highlights - Total sales in the reported quarter were 8.2 million megawatt-hours (MWh), an increase from 7.4 MWh in the prior-year quarter [2]. - The customer count rose by 1% to 908,851 [2]. - The cost of fuel, purchased power, and direct transmission increased by 39.6% to $324 million from $232.2 million in the prior-year quarter [2]. Expense Management - Total operating expenses for the first quarter slipped 0.1% to $290.4 million, mainly due to lower operation and maintenance expenses [3]. - Operating income totaled $133.3 million, an increase of 80.1% from $74 million in the year-ago quarter [3]. - Interest expenses rose to $67.3 million, up 11.8% from $60.2 million recorded a year ago [3]. Segment Performance - The OG&E segment's net income was $71 million, up 181.7% from $25.2 million in the prior-year period, driven by higher operating revenues and lower expenses [4]. - The Other Operations unit reported a net loss of $8.3 million, wider than the previous year's loss of $6.6 million, attributed to higher interest expenses [5]. Financial Position - As of March 31, 2025, cash and cash equivalents were $26.9 million, compared to $0.6 million as of December 31, 2024 [6]. - Long-term debt increased to $5.12 billion from $5.02 billion as of December 31, 2024 [6]. - Cash generated from operating activities was $15.9 million, down from $83 million in the prior-year period [6]. Guidance - OGE Energy reiterated its 2025 earnings per share guidance, expecting a range of $2.21 to $2.33, with the Zacks Consensus Estimate at $2.27 [7].