Group 1 - OGE Energy Corp. will hold its quarterly earnings and business update conference call on October 29, 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. has appointed Lyle G. Ganske to its Board of Directors, where he will serve on the nominating committee [3]

Group 1 - OGE Energy Corp. appointed Jason Bailey, a 23-year company veteran, as Treasurer, retaining his roles in investor relations, risk management, and insurance [1][2] - The Board of Directors approved a fourth quarter dividend of $0.425 per common share, to be paid on October 31, 2025, to shareholders of record on October 6, 2025 [2][3] - The company reported earnings of $0.53 per diluted share for the second quarter of 2025 [5] Group 2 - Lyle Ganske was appointed to the OGE Energy board of directors, indicating ongoing governance changes within the company [4]

Industry Overview - The global use of renewable energy is increasing due to efforts to reduce greenhouse gas emissions, driven by lower production costs, supportive government policies, and rising demand in power and transportation markets [1] - Wind power is leading the transition to renewable energy, becoming one of the largest sources of electricity generation in the United States [2] Market Trends - The wind energy market is benefiting from trends such as rising electricity demand from AI-powered data centers, the adoption of electric vehicles, and rapid industrialization [3] - The U.S. Energy Information Administration (EIA) projects a 4% year-over-year increase in wind power output in 2025, with an expected addition of 7.7 GW of wind generation capacity [4] Company Insights - NextEra Energy, Inc. (NEE) is a leading global wind energy generator, expanding its capacity by 1,365 MW in 2024 and operating facilities with a total capacity of approximately 26,335 MW [9][10] - OGE Energy is the largest electric utility in Oklahoma, focusing on expanding its wind output and reducing carbon emissions significantly [12][13] - Arcosa, Inc. (ACA) manufactures infrastructure products for wind power generation, benefiting from strong demand and a $1.1 billion order backlog since the Inflation Reduction Act [15][16] - Constellation Energy Corporation (CEG) operates 27 wind projects across 10 states, producing about 1,400 MW of electricity and launching a $350 million initiative to enhance its renewable energy portfolio [17][18][19]

OGE Energy (OGE) could be a solid choice for investors given its recent upgrade to a Zacks Rank #2 (Buy). This upgrade primarily reflects an upward trend in earnings estimates, which is one of the most powerful forces impacting stock prices.The sole determinant of the Zacks rating is a company's changing earnings picture. The Zacks Consensus Estimate -- the consensus of EPS estimates from the sell-side analysts covering the stock -- for the current and following years is tracked by the system.The power of a ...

Key Takeaways OGE's 2025 EPS estimate rose to $2.28, with revenue growth projected at 4.6% from the 2024 levels.OGE plans $6.25B in investments through 2029 to strengthen grid reliability and generation assets.OGE owns multiple wind and solar sites and continues expanding renewable resources with zero emissions.OGE Energy Corp. (OGE) focuses on consistent investments in infrastructure upgrades to better serve its customers. The company is also steadily expanding its renewable generation assets. Given its st ...

Core Viewpoint - The company aims to generate a 7%+ income yield by investing in a portfolio of energy stocks while minimizing the risk of principal loss [1] Group 1 - The service offers subscribers access to exclusive investment ideas before they are released to the general public, with many ideas not being released at all [1] - Subscribers receive in-depth research that is not available to non-subscribers, enhancing their investment decision-making [1] - A two-week free trial is currently being offered to attract new subscribers to the service [1]

Core Viewpoint - OGE Energy Corp. has appointed Lyle G. Ganske to its board of directors, enhancing its corporate governance capabilities and strategic growth potential [1][2]. Company Summary - Lyle G. Ganske brings over 40 years of experience in corporate governance, fiduciary duty, and corporate transactions, which will be beneficial for OGE Energy's growth [2]. - Ganske currently serves as Of Counsel at Jones Day and has held leadership roles, including head of the firm's Global M&A Practice, indicating a strong background in corporate law [2]. - His expertise spans various industries, including energy, manufacturing, retail, telecom, utilities, and process industries, which aligns with OGE Energy's operational focus [2]. Industry Summary - Ganske is recognized for his contributions to corporate governance, frequently speaking and coauthoring articles on the subject, which may enhance OGE Energy's reputation in governance practices [3]. - He serves on the advisory board of two private equity funds and on the boards of multiple portfolio companies, indicating a strong network and influence in the corporate governance landscape [3].

OGE Energy Corp. (NYSE:OGE) Q2 2025 Earnings Call July 30, 2025 9:00 AM ET I would now like to hand the conference over to your first speaker today, Jason Bailey, Director of Investor Relations. Please go ahead. Jason Bailey Thank you, Marvin, and good morning, everyone, and welcome to our call. With me today is Sean Trauschke, our Chairman, President and CEO; and Chuck Walworth, our CFO and Treasurer. In terms of the call today, we will first hear from Sean, followed by an explanation from Chuck of financi ...

Financial Data and Key Metrics Changes - For the second quarter, consolidated net income was $108 million or $0.53 per diluted share compared to $102 million or $0.51 per share in the same period of 2024, indicating a year-over-year increase in earnings per share [15][16] - The electric company achieved net income of $108 million or $0.53 per diluted share, slightly down from $109 million or $0.54 per share in the same period of 2024, primarily due to milder weather and higher interest and depreciation expenses [15][16] - The holding company reported a small loss of less than $1 million, flat on a per diluted share basis compared to a loss of $7 million or $0.03 per share in the same period of 2024 [16] Business Line Data and Key Metrics Changes - Year-over-year customer growth continued at a healthy pace near 1% in the second quarter, with weather-normalized load growing 6.5% year to date compared to the same period in 2024 [17] - The two largest customer classes, residential and commercial, showed year-to-date growth of 12.5% respectively, indicating strong demand [17] - Industrial and oilfield load showed some softness this year, attributed to unplanned customer outages, but future growth in these sectors is anticipated [18] Market Data and Key Metrics Changes - The local economy remains strong, with Oklahoma and Arkansas unemployment rates continuing to outpace the national average, and Oklahoma City maintaining an unemployment rate below 4% for the 46th consecutive month [13] - The Oklahoma Department of Commerce announced the 2025 Oklahoma Innovation Expansion Program, which includes 83 companies in the service area, supporting new capital investment and job creation [11] Company Strategy and Development Direction - The company is focused on adding approximately 550 megawatts of capacity, with new natural gas combustion turbines under construction and expected to be operational within the next year [9] - The company plans to continue exploring options to meet growing generation needs and expects to add generation at a similar pace for the next few years [9][10] - Legislative successes have provided new customer benefits and credit accretive provisions, allowing for CWIP recovery during the construction phase of certain generation capacity projects [20][21] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in achieving results in the top half of the earnings guidance range for the year, emphasizing a strong foundation for future growth [6][14] - The company is optimistic about the future, citing ongoing negotiations with data centers and the potential for increased load projections [10][12] - Management highlighted the importance of maintaining a competitive low rate advantage and focusing on cost structure to minimize customer impacts [23][24] Other Important Information - The company received a notice to construct a transmission line from Fort Smith, Arkansas to Muskogee, Oklahoma, which will address reliability and capacity issues in the Fort Smith area [22] - The estimated cost for the transmission line is approximately $240 million, with construction expected to occur in multiple phases from 2027 to 2029 [22] Q&A Session Summary Question: What is driving the weaker industrial sales? - Management noted that industrial customers are more power-intensive and experience cycles for maintenance, which can lead to noticeable fluctuations in sales [29] Question: Excluding the midstream operations one-time legacy benefit, how can the parent drag for 2025 be expected to grow? - Management indicated that the one-time benefit should be largely ignored, and they remain focused on guidance for the year excluding that item [31] Question: Can you provide an update on generation capacity additions? - Management expressed a strong preference to own new assets while securing short-term bridge capacity during construction, with ongoing negotiations for additional agreements [32] Question: Any updates on the Google Stillwater data center site? - Management reported that negotiations are progressing and they are getting closer to achieving objectives that protect existing customers while being value accretive [39] Question: Does the top end of guidance include the one-time midstream tax gain? - Management confirmed that the guidance includes the impact of the one-time benefit mentioned [40] Question: Is the company expected to be long capacity at the end of the decade? - Management does not anticipate being long on capacity, stating that they will continue to add capacity in response to load growth [46]

Financial Data and Key Metrics Changes - Consolidated net income for Q2 2025 was $108 million or $0.53 per diluted share, compared to $102 million or $0.51 per share in Q2 2024 [15] - The electric company achieved net income of $108 million or $0.53 per diluted share, down from $109 million or $0.54 per share in the same period of 2024, primarily due to milder weather and higher interest and depreciation expenses [15][16] - The holding company reported a small loss of less than $1 million, flat on a per diluted share basis, compared to a loss of $7 million or $0.03 per share in Q2 2024 [15] Business Line Data and Key Metrics Changes - Year-over-year customer growth was near 1% in Q2 2025, with weather-normalized load growing 6.5% year-to-date compared to the same period in 2024 [16] - The two largest customer classes, residential and commercial, showed growth rates of 125% respectively, indicating strong performance [16] - Industrial and oilfield load showed some softness, attributed to unplanned customer outages, but future growth is anticipated [18] Market Data and Key Metrics Changes - The local economy remains strong, with Oklahoma City’s unemployment rate below 4% for the 46th consecutive month, and it was noted as the lowest in the nation for April and May [13] - The Oklahoma Department of Commerce announced the 2025 Oklahoma Innovation Expansion Program, which includes 83 companies in the service area, supporting new capital investment and job creation [11] Company Strategy and Development Direction - The company is focused on adding approximately 550 megawatts of capacity, with new natural gas combustion turbines under construction and expected to be operational within the next year [7][8] - The company plans to continue exploring options to meet growing generation needs and expects to add generation at a consistent pace over the next few years [8] - Legislative successes have provided new customer benefits and credit accretive provisions, allowing for CWIP recovery during construction phases of generation capacity projects [20][21] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in achieving results in the top half of the earnings guidance range for 2025, emphasizing a strong foundation for future growth [6][14] - The company anticipates continued growth in customer demand and is well-prepared for the upcoming summer season [7][10] - Management highlighted the importance of maintaining a competitive low rate advantage and focusing on cost structure to minimize customer impacts [23][24] Other Important Information - The company received a notice to construct a transmission line from Fort Smith, Arkansas to Muskogee, Oklahoma, which will address reliability and capacity issues in the Fort Smith area [22] - The company is planning to file for an Oklahoma rate review by the end of the year, with Arkansas to follow thereafter [23] Q&A Session Summary Question: What is driving the weaker industrial sales? - Management noted that industrial customers are more power-intensive and experience maintenance cycles, which can lead to noticeable fluctuations in sales [28] Question: Excluding the midstream operations one-time legacy benefit, how can the parent drag for 2025 be expected to grow? - Management indicated that the one-time benefit should be largely ignored, and they remain on track with their guidance for the year excluding that item [30] Question: Can you provide an update on generation capacity additions and ownership versus PPA? - Management expressed a strong preference to own the assets while also securing short-term bridge capacity during construction [31] Question: Any updates on the Google Stillwater data center site? - Negotiations for the data center are progressing, with management getting closer to achieving objectives that protect existing customers [38] Question: Does the top end of guidance include the one-time midstream tax gain? - Management confirmed that the guidance includes the impact of the one-time benefit [39] Question: Is the company expected to be long capacity at the end of the decade? - Management does not anticipate being long on capacity, emphasizing a continuous addition of capacity to meet load growth [44]