Quarterly ResultApr 29, 2026, 06:07 AM
OGE Q1 Revenue $752.6M, Net Income $50.2M, EPS $0.24
AI Summary
OGE Energy Corp. reported Q1 2026 operating revenues of $752.6 million, a slight increase from $747.7 million in Q1 2025. However, net income decreased by 19.94% to $50.2 million, resulting in basic EPS of $0.24, down from $0.31. Despite the decline in profitability, net cash provided from operating activities significantly increased to $175.5 million from $15.9 million in the prior year period.
Key Highlights
- OGE Energy Q1 operating revenues rose 0.65% to $752.6 million.
- OGE Energy Q1 net income decreased 19.94% to $50.2 million.
- OGE Energy Q1 basic EPS fell 22.58% to $0.24.
- Net cash from operating activities surged to $175.5 million from $15.9 million.
- OG&E's Q1 net income decreased 18.45% to $57.9 million.
- Short-term debt increased 68.63% to $492.4 million as of March 31, 2026.
- Capital expenditures increased 6.93% to $266.8 million.