OGE Energy (NYSE:OGE) Announces Earnings Results

OGE Energy (NYSE:OGE) posted its earnings results on Wednesday. The utilities provider reported $0.34 EPS for the quarter, beating the consensus estimate of $0.30 by $0.04, Briefing.com reports. The company had revenue of $725.80 million during the quarter, compared to analyst estimates of $277.80 million. OGE Energy had a return on equity of 10.77% and a net margin of 15.28%.The business’s revenue was down 4.6% compared to the same quarter last year. During the same period in the prior year, the company earned $0.50 earnings per share. OGE Energy updated its FY 2026 guidance to 2.380-2.480 EPS.

Here are the key takeaways from OGE Energy’s conference call:

• Reported strong 2025 results with consolidated EPS of $2.32 (electric company EPS $2.47), weather-normalized load up ~7% and customer growth near 1%, which management says reflects durable demand and affordability advantages.
• Guidance and targets were raised: 2026 consolidated EPS midpoint of $2.43 (up ~7% vs. 2025 midpoint) and a long-term EPS growth target of 5%–7%, with management expecting to deliver in the top half of ranges through 2028.
• Company is accelerating supply additions and large-load activity — ~1.3 GW of new generation being built, finalizing a 1 GW data-center contract (Customer X), and a draft IRP shows ~1.9 GW incremental capacity need by 2031 driven partly by SPP policy changes and RFPs for bridge and 2032 capacity.
• SPP assigned OG&E a significant portion of the Seminole-to-Shreveport 765?kV line and other ITP projects — management estimates this could be on the order of ~20% of the current capital plan but timing, routing and final costs remain preliminary.
• Financing posture strengthened: company completed a well?subscribed equity offering (and forward) covering equity needs through 2030, plans ~$300M utility debt in 2026 with no long-term holding?co debt, targets FFO/Debt ~17% and a 60%–70% dividend payout ratio.

OGE Energy Price Performance

OGE stock traded down $0.43 during trading on Wednesday, hitting $46.47. The company had a trading volume of 1,926,679 shares, compared to its average volume of 1,607,452. The firm has a market capitalization of $9.36 billion, a price-to-earnings ratio of 18.66, a P/E/G ratio of 3.36 and a beta of 0.62. The company has a current ratio of 0.80, a quick ratio of 0.52 and a debt-to-equity ratio of 1.12. The business has a 50 day moving average of $43.51 and a 200 day moving average of $44.48. OGE Energy has a fifty-two week low of $40.80 and a fifty-two week high of $47.61.

OGE Energy Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, January 30th. Investors of record on Monday, January 5th were issued a $0.425 dividend. The ex-dividend date of this dividend was Monday, January 5th. This represents a $1.70 annualized dividend and a yield of 3.7%. OGE Energy’s dividend payout ratio is presently 68.27%.

Institutional Investors Weigh In On OGE Energy

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Morgan Stanley lifted its position in OGE Energy by 103.2% in the fourth quarter. Morgan Stanley now owns 4,628,210 shares of the utilities provider’s stock worth $197,625,000 after purchasing an additional 2,350,574 shares during the period. Millennium Management LLC lifted its holdings in shares of OGE Energy by 843.6% in the third quarter. Millennium Management LLC now owns 819,492 shares of the utilities provider’s stock valued at $37,918,000 after buying an additional 732,641 shares during the period. Qube Research & Technologies Ltd lifted its holdings in shares of OGE Energy by 305.1% in the third quarter. Qube Research & Technologies Ltd now owns 537,908 shares of the utilities provider’s stock valued at $24,889,000 after buying an additional 405,113 shares during the period. Goldman Sachs Group Inc. boosted its stake in OGE Energy by 54.5% during the first quarter. Goldman Sachs Group Inc. now owns 1,043,657 shares of the utilities provider’s stock valued at $47,966,000 after buying an additional 367,960 shares in the last quarter. Finally, AQR Capital Management LLC boosted its stake in OGE Energy by 36.4% during the fourth quarter. AQR Capital Management LLC now owns 1,365,436 shares of the utilities provider’s stock valued at $58,304,000 after buying an additional 364,408 shares in the last quarter. Institutional investors own 71.84% of the company’s stock.

Key Stories Impacting OGE Energy

Here are the key news stories impacting OGE Energy this week:

• Positive Sentiment: Quarterly EPS beat consensus estimates, giving some near-term support — several outlets noted the company topped Q4 estimates (reported EPS ~ $0.33–$0.48 vs. ~$0.30 consensus). OGE Energy (OGE) Surpasses Q4 Earnings Estimates
• Positive Sentiment: Full-year 2025 results showed modest EPS growth (2025 EPS $2.32 vs. $2.19 in 2024), indicating underlying regulated utility earnings resilience. OGE Energy Corp. reports 2025 results and outlook for 2026
• Neutral Sentiment: The company issued FY?2026 EPS guidance of $2.38–$2.48 (consensus ~ $2.42), leaving the midpoint close to expectations but a lower bound that could concern conservative investors; management’s slide deck and call provide additional color. View Press Release / Slide Deck
• Neutral Sentiment: Full earnings call transcript and presentation are available for investors who want management commentary on capital spending, rate cases and operating trends. OGE Q4 2025 Earnings Call Transcript
• Negative Sentiment: Despite the beat vs. estimates, Q4 showed year-over-year weakness (quarterly EPS down from prior-year and revenue reported down ~4.6% y/y), which pressures near-term growth expectations. MarketBeat — OGE Q4 results and details
• Negative Sentiment: Reports highlight intensifying regulatory scrutiny in the company’s service territory — a key risk for regulated-utility revenue and rate recovery timing. That likely weighed on investor sentiment today. OGE earnings as regulatory scrutiny intensifies

Wall Street Analyst Weigh In

A number of research analysts recently issued reports on the company. BMO Capital Markets started coverage on OGE Energy in a research report on Tuesday, January 13th. They set a “market perform” rating and a $45.00 price objective for the company. Wells Fargo & Company cut OGE Energy from an “equal weight” rating to an “underweight” rating and cut their target price for the company from $45.00 to $39.00 in a research note on Tuesday, January 20th. Wall Street Zen upgraded shares of OGE Energy from a “sell” rating to a “hold” rating in a research report on Saturday, January 24th. Barclays dropped their price objective on shares of OGE Energy from $51.00 to $49.00 and set an “overweight” rating on the stock in a report on Thursday, January 22nd. Finally, UBS Group cut their price objective on shares of OGE Energy from $45.00 to $44.00 and set a “neutral” rating on the stock in a research report on Wednesday, December 17th. Four investment analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $47.13.

About OGE Energy

OGE Energy Corp. (NYSE:OGE) is an energy and infrastructure holding company headquartered in Oklahoma City, Oklahoma. Through its principal subsidiary, Oklahoma Gas & Electric Company, the company provides regulated electric service to residential, commercial and industrial customers across Oklahoma and western Arkansas. Its diversified generation mix includes coal, natural gas and wind-powered facilities, complemented by ongoing investments in grid modernization and smart technology to enhance reliability and customer satisfaction.

In addition to its core electric utility operations, OGE Energy Corp.