OGE Energy Q3 earnings in-line, revenue edges past estimates By Investing.com
Update: 2025-10-29
Description
OGE Energy's Q3 earnings met expectations with $1.14 per share profit and slightly exceeded revenue forecasts at $1.05 billion. The utility business drove growth, contributing $1.20 per share, despite milder weather. Despite headwinds like higher costs and taxes, OGE's leadership remains optimistic, aiming to meet the higher end of its yearly earnings guidance. Customer numbers and weather-normalized load growth are up, reflecting OGE's efforts to attract new customers and meet increasing demand. The company is pressing forward with capital improvement plans, including new natural gas turbines and a transmission line project, positioning itself for continued growth.
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