Welcome to our dedicated page for Oge Energy news (Ticker: OGE), a resource for investors and traders seeking the latest updates and insights on Oge Energy stock.
OGE Energy Corp (OGE) provides essential energy services through its Oklahoma Gas & Electric subsidiary, serving over 900,000 customers across Oklahoma and Arkansas. This news hub offers investors and stakeholders centralized access to official announcements, financial disclosures, and operational developments.
Track critical updates including quarterly earnings reports, regulatory filings, infrastructure investments, and leadership changes. Our curated collection ensures timely access to press releases about grid modernization projects, rate case decisions, and sustainability initiatives impacting this regulated utility operator.
Key focus areas include dividend declarations, service territory expansions, storm recovery efforts, and compliance with regional energy regulations. Bookmark this page for verified updates on OGE's strategic priorities in power generation and distribution infrastructure maintenance.
OGE Energy Corp reported strong Q1 2025 results with earnings of $0.31 per diluted share, up from $0.09 in Q1 2024. The company's regulated electric subsidiary, Oklahoma Gas and Electric Company (OG&E), contributed $0.35 per share, a significant increase from $0.12 in the previous year.
Net income reached $62.7 million, driven by higher operating revenues from capital investments and strong load growth. OG&E's customer base grew to 908,851, with system sales increasing across residential, commercial, and industrial sectors. Operating revenues rose to $747.7 million from $596.8 million year-over-year.
The company maintained its 2025 consolidated earnings guidance at $2.27 per diluted share, with a range of $2.21 to $2.33. Key performance improvements included lower operation and maintenance expenses, though these were partially offset by higher depreciation and interest expenses.
OGE Energy Corp (NYSE: OGE) has announced its upcoming first quarter 2025 earnings and business update conference call, scheduled for Wednesday, April 30, 2025 at 9 a.m. Eastern Time (8 a.m. Central Time). The webcast, hosted by Notified, will be accessible through the company's website at www.oge.com.
OGE Energy Corp is the parent company of OG&E, a regulated electric utility serving approximately 907,000 customers across Oklahoma and western Arkansas.
OGE Energy Corp. (NYSE: OGE) reported earnings of $2.19 per diluted share in 2024, up from $2.07 in 2023. Its regulated electric subsidiary, OG&E, contributed $2.33 per share, an increase from $2.12 in 2023. The company's net income rose to $441.5 million in 2024 from $416.8 million in 2023.
The improved performance was primarily driven by exceptional load growth and higher operating revenues from capital investment recovery, though partially offset by increased depreciation and interest expenses. For Q4 2024, OGE reported net income of $101.9 million ($0.50 per share), up from $48.2 million ($0.24 per share) in Q4 2023.
Looking ahead to 2025, OGE provided earnings guidance of $2.21 to $2.33 per share, with a midpoint of $2.27. The company expects 5-7% annual consolidated earnings growth from 2025's midpoint. The Board approved a Q2 2025 dividend of $0.42125 per share, payable April 25, 2025.
OGE Energy Corp. (NYSE: OGE) has announced its upcoming quarterly earnings and business update conference call, scheduled for Wednesday, February 19, 2025, at 9 a.m. Eastern Time (8 a.m. Central Time). The webcast, hosted by Notified, will be accessible through the company's website at www.oge.com. OGE Energy Corp. operates through its subsidiary OG&E, a regulated electric utility serving approximately 905,000 customers across Oklahoma and western Arkansas.
OGE Energy Corp (NYSE: OGE) has appointed Charles Walworth as Chief Financial Officer and Treasurer, effective December 4, 2024. Walworth brings 25 years of experience with the company in various finance roles. The company's Board of Directors has also declared a first quarter dividend of $0.42125 per common share, payable on January 31, 2025, to shareholders of record on January 6, 2025.
OGE Energy Corp. (NYSE: OGE) reported third quarter 2024 earnings of $1.09 per diluted share, down from $1.20 in Q3 2023. The company's regulated electric subsidiary, OG&E, contributed $1.12 per share, compared to $1.22 in the same period last year. The decrease was primarily due to higher depreciation, interest expense, and operational costs, partially offset by robust load growth. Despite milder weather, strong normalized energy demand and customer growth delivered solid results. The company expects 2024 consolidated earnings at the top of its guidance range of $2.06 to $2.18 per diluted share, driven by strong load growth and warmer than normal weather.
OGE Energy Corp. (NYSE: OGE) has announced its upcoming third quarter 2024 earnings webcast and conference call, scheduled for Tuesday, November 5, 2024, at 9 a.m. Eastern Time (8 a.m. Central Time). The event will be accessible via webcast on the company's website at www.oge.com. The webcast is being facilitated by Notified.
OGE Energy Corp. is the parent company of OG&E, a regulated electric utility serving approximately 902,000 customers across Oklahoma and western Arkansas. This quarterly update provides an opportunity for stakeholders to gain insights into the company's financial performance and business developments for the third quarter of 2024.
OGE Energy Corp. (NYSE: OGE), the parent company of Oklahoma Gas and Electric Company, has announced that its Board of Directors has approved a fourth quarter dividend of $0.42125 per common share of stock. The dividend will be paid on October 25, 2024, to shareholders of record on October 7, 2024. This announcement reflects the company's commitment to providing regular returns to its shareholders.
Evergy (NASDAQ: EVRG) has announced the appointment of W. Bryan Buckler as its new executive vice president and chief financial officer, effective October 1, 2024. Buckler, 51, joins Evergy from OGE Energy Corp. (NYSE: OGE), where he has served as CFO since January 2021. In his new role, Buckler will oversee Evergy's corporate finance functions, including treasury, accounting, planning, tax, internal audit, capital allocation, and investor relations.
Buckler brings extensive experience from his previous roles at OGE Energy Corp. and Duke Energy , where he held various finance leadership positions. Geoff Ley, Evergy's current acting CFO, will continue in his role until September 30, 2024, before transitioning back to his position as treasurer and vice president of corporate planning.
OGE Energy Corp. (NYSE: OGE) reported second quarter 2024 earnings of $0.51 per diluted share, up from $0.44 in Q2 2023. OG&E, its regulated electric company, contributed $0.54 per share, an increase from $0.46 in the same period last year. The company's net income rose to $102.3 million, compared to $88.4 million in Q2 2023.
The improved performance was attributed to warmer weather and strong load growth. OGE Energy reaffirmed its 2024 consolidated earnings guidance of $2.06 to $2.18 per diluted share, expecting results in the top half of this range due to strong first-half performance. The company serves approximately 902,000 customers in Oklahoma and western Arkansas.
FAQ
What is the current stock price of Oge Energy (OGE)?
What is the market cap of Oge Energy (OGE)?
