OGE Energy Q3 earnings rise to $1.14 per share

OGE Energy

29/10/2025 11:22

Overview

OGE Energy Q3 earnings rise to $1.14 per share from $1.09 in 2024

OG&E net income increases due to capital investment recovery

Company maintains 2025 earnings guidance in top half of range

Outlook

OGE Energy maintains 2025 earnings guidance in top half of $2.21-$2.33 per share range

Company assumes normal weather for remainder of 2025 in its earnings guidance

OG&E's earnings show significant seasonality due to weather variations

Result Drivers

CAPITAL INVESTMENT RECOVERY - OG&E's net income increase attributed to higher recovery of capital investments

HIGHER OPERATIONAL COSTS - Increased operation and maintenance expenses partially offset income gains

NEW TURBINES - Co constructing new natural gas turbines to meet regional energy needs

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Pretax Profit
$276.80 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 4 "strong buy" or "buy", 8 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the electric utilities peer group is "buy"

Wall Street's median 12-month price target for OGE Energy Corp is $47.50, about 4.4% above its October 28 closing price of $45.39

The stock recently traded at 19 times the next 12-month earnings vs. a P/E of 19 three months ago

Press Release: ID:nPn8QBYKWa

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)