OKLAHOMA CITY, Sept. 23, 2024 /PRNewswire/ -- OGE Energy Corp. (NYSE: OGE), the parent company of Oklahoma Gas and Electric Company, announced today that its Board of Directors approved a fourth quarter dividend of $0.42125 per common share of stock, to be paid on October 25, 2024, to shareholders of record on October 7, 2024. CLASS OF STOCK: OGE Energy Corp. Common DIVIDEND PER SHARE: $0.42125 RECORD DATE: 10/7/24 PAYMENT DATE: 10/25/24 SOURCE OGE Energy Corp. WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIR ...

OGE Energy (OGE) could be a solid choice for investors given its recent upgrade to a Zacks Rank #2 (Buy). This rating change essentially reflects an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices. The Zacks rating relies solely on a company's changing earnings picture. It tracks EPS estimates for the current and following years from the sell-side analysts covering the stock through a consensus measure -- the Zacks Consensus Estimate. The power of a changing earn ...

OGE Energy Corporation's (OGE) systematic capital investments to enhance safety, reliability and resiliency are likely to strengthen its infrastructure and boost its performance. Given its growth opportunities, OGE makes for a solid investment option in the utility sector. The company currently carries a Zacks Rank #2 (Buy). Let's look at the factors that are driving the stock. Growth Projections The Zacks Consensus Estimate for OGE's 2024 and 2025 earnings per share is pegged at $2.13 and $2.25, respective ...

OGE Energy Corp. (OGE) reported second-quarter 2024 earnings of 51 cents per share, which lagged the Zacks Consensus Estimate of 69 cents by 26.1%. The figure increased 15.9% from earnings of 44 cents per share in the year-ago quarter. Revenues OGE's operating revenues of $662.6 million rose 9.5% from $605 million recorded in the prior-year quarter. However, the top line missed the Zacks Consensus Estimate of $837.5 million by 20.9%. Operational Highlights Total sales were 8 million megawatt-hours (MWh), up ...

OGE Energy (OGE) came out with quarterly earnings of $0.51 per share, missing the Zacks Consensus Estimate of $0.69 per share. This compares to earnings of $0.44 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of -26.09%. A quarter ago, it was expected that this energy services company would post earnings of $0.35 per share when it actually produced earnings of $0.09, delivering a surprise of -74.29%. Over the last four quarters ...

OKLAHOMA CITY, Aug. 7, 2024 /PRNewswire/ -- OGE Energy Corp. (NYSE: OGE), the parent company of Oklahoma Gas and Electric Company ("OG&E"), today reported earnings of $0.51 per diluted share during the three months that ended June 30, 2024, compared to $0.44 per diluted share in the same period 2023. OG&E, a regulated electric company, contributed earnings of $0.54 per diluted share in the second quarter, compared to earnings of $0.46 per diluted share in the second quarter 2023. Other operations, which inc ...

This call is being webcast by Notified and can be accessed at OGE Energy's website at www.oge.com. SOURCE OGE Energy Corp. OKLAHOMA CITY , July 9, 2024 /PRNewswire/ -- OGE Energy Corp. (NYSE: OGE) will hold its quarterly earnings and business update conference call at 9 a.m. Eastern Time (8 a.m. Central Time), Wednesday, August 7, 2024. OGE Energy Corp. is the parent company of OG&E, a regulated electric company with approximately 900,000 customers, in Oklahoma and western Arkansas. ...

OGE Energy Corp. (NYSE:OGE) is an electric utility that primarily serves the state of Oklahoma. The company also has a small service territory in western Arkansas, along the Oklahoma border: OGE Energy However, we can also see that OGE Energy's stock price has significantly underperformed the S&P 500 Index (SP500) since that date. This is perhaps not surprising, as utility companies tend to experience slower growth than other firms and so rarely generate comparable capable gains. They make up for this throu ...

"Our dedicated team's operational execution and commitment to our customers delivered solid results in 2023," Trauschke said. "Thanks to our continued customer focus and strong operations as we leverage our low rates and drive healthy community growth, we believe the future for OGE Energy is bright. I look forward to what the rest of 2024 brings." Trauschke discussed the company's continued grid hardening efforts delivering improved reliability for customers at the lowest overall rates in Oklahoma and Arkan ...

OGE Energy Corp. (OGE) shares rose 1.5% to reach $35.57 on May 6 following the release of its first-quarter 2024 results.The company reported first-quarter 2024 earnings of 9 cents per share, which lagged the Zacks Consensus Estimate of 35 cents by 74.3%. The figure also declined 52.6% from 19 cents per share recorded in the year-ago quarter.RevenuesOGE’s operating revenues of $596.8 million rose 7.1% from $557.2 million recorded in the prior-year quarter. However, the top line missed the Zacks Consensus Es ...