OGE Energy Q1 net income drops 19.9% to $50.2 million

OGE Energy Corp.

OGE Energy Corp.

OGE

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  • OGE Energy first-quarter 2026 net income dropped 19.9% to $50.2 million, or $0.24 per diluted share.
  • OG&E net income slid 18.5% to $57.9 million on milder weather and higher other operation and maintenance expense.
  • OG&E revenue edged up 0.7% to $752.6 million, while operating income fell 15.4% to $112.8 million.
  • Other operations loss narrowed to $7.7 million from lower interest expense tied to a lower average short-term debt balance.
  • OGE Energy reaffirmed 2026 earnings guidance of $494 million to $514 million, or $2.38 to $2.48 per average diluted share.


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