Financial Data and Key Metrics Changes - Consolidated earnings for the third quarter were reported at $1.14 per share, an increase from $1.09 per share in the previous year [3][8] - The electric company achieved net income of $243 million, or $1.20 per diluted share, compared to $225 million, or $1.20 per share last year [8][9] - Consolidated net income was $231 million, reflecting a year-over-year increase driven by capital investment recovery, despite higher operational costs [8][9] Business Line Data and Key Metrics Changes - The electric company’s performance was bolstered by increased recovery of capital investments, while the holding company reported a loss of $12 million, attributed to higher interest expenses [9][10] - Year-over-year customer growth was just under 1%, with weather-normalized load growth at 6.5% through the third quarter [9][10] Market Data and Key Metrics Changes - Oklahoma customers will see a decrease in their monthly bills due to a reduction in the fuel cost adjustment, averaging $6.75 lower per month [5][6] - The company has experienced load growth that surpasses national trends, particularly driven by demand from data centers [5][6] Company Strategy and Development Direction - The company is focused on maintaining low rates to sustain growth and has plans for significant capital projects, including a $250 million transmission line project [10][11] - The company aims to deliver a consolidated earnings growth rate of 5% to 7% based on the midpoint of its 2025 guidance [13][14] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in delivering results in the top half of the earnings guidance range for 2025, citing strong operational execution and favorable regulatory outcomes [3][8] - The company is optimistic about future growth opportunities, particularly in the data center sector, and is actively negotiating with potential customers [6][66] Other Important Information - The company has updated its capital plan to include new projects aimed at addressing reliability and capacity issues [10][11] - The balance sheet remains strong, providing a competitive advantage in the industry [12] Q&A Session Summary Question: CapEx needs and RFP process acceleration - Management indicated that they anticipate approval for the pre-approval request soon and will layer in additional filings as needed [18][20] Question: Impact of new regulatory constructs on ROE - Management noted that they have a good track record on minimizing ROE lag and will provide guidance for next year in February [21][22] Question: 2025 SPP ITP plan and competitive position - Management acknowledged the robust plan but indicated that further milestones need to be met before providing a firm outlook [31] Question: Data center contract negotiations - Management confirmed that serious negotiations are ongoing and that any agreements would be followed by necessary filings for approval [66] Question: Long-term EPS CAGR outlook - Management expressed confidence in maintaining a solid growth outlook regardless of specific deals, emphasizing a consistent approach to guidance [71]

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Company Overview - OGE Energy shares have increased by approximately 2.7% over the past month, outperforming the S&P 500 [1] - The consensus estimate for OGE Energy has shifted downward by 30.95% in the past month [2] Performance Metrics - OGE Energy has an average Growth Score of C, a Momentum Score of D, and a Value Score of C, placing it in the middle 20% for the value investment strategy [3] - The overall aggregate VGM Score for OGE Energy is D, indicating a need for attention across multiple investment strategies [3] Outlook - The estimates for OGE Energy have been trending downward, suggesting a negative shift in expectations [4] - Despite the downward revisions, OGE Energy holds a Zacks Rank of 2 (Buy), indicating an expectation of above-average returns in the coming months [4] Industry Comparison - OGE Energy is part of the Zacks Utility - Electric Power industry, where PG&E has gained 9.1% over the past month [5] - PG&E reported revenues of $6.63 billion for the last quarter, reflecting a year-over-year decline of 5.8% [5] - PG&E's expected earnings for the current quarter are $0.40 per share, representing a year-over-year increase of 8.1% [6]