OGE Energy Corp. reported strong first-quarter 2025 results with a substantial increase in net income driven by higher operating revenues from capital investment recovery and load growth, as well as lower operation and maintenance expenses. Diluted earnings per share rose to $0.31 from $0.09 in the prior year.
OGE Energy's net income for Q4 2024 surged to $101.9 million, or $0.50 per diluted share, compared to $48.2 million, or $0.24 per share, in Q4 2023. The company's strong performance was driven by higher operating revenues and load growth, offset slightly by increased interest and tax expenses.
OGE Energy Corp. announced its Q2 2023 financial results, with revenue reaching $891 million, up from the previous year. However, diluted EPS decreased to $0.71 from $1.08 in the same period last year, while non-GAAP EPS was $0.77. The company reaffirmed its 2023 earnings guidance.
OGE Energy Corp. reported a net income of $38.3 million, or $0.19 per diluted share, for the first quarter of 2023. OG&E contributed net income of $39.8 million, or $0.20 per diluted share.