NYSE
10 days, 13 hours ago 
OGE
Oge Energy CORP
Form 4: OGE Energy Director Accrues Additional Deferred Compensation Units
OGE Energy Corp. Director David E. Rainbolt has accrued an additional 321.4445 stock equivalent units under the company's Deferred Compensation Plan, to be settled in cash.

NYSE
38 days, 11 hours ago 
OGE
Oge Energy CORP
Form 4: OGE Energy VP Sells Over 11,000 Shares in Pre-Planned Transaction
Donnie O. Jones, VP-Utility Operations at OGE Energy Corp., reported the sale of 11,351 shares of common stock for approximately $44.06 per share, executed under a Rule 10b5-1 trading plan.

NYSE
46 days, 12 hours ago 
OGE
Oge Energy CORP
Form 4: OGE Energy Corp. Director Frank A. Bozich Acquires Additional Shares
Director Frank A. Bozich reports the acquisition of 1,000 shares of OGE Energy Corp. common stock at a price of $44.685 per share.

NYSE
52 days, 11 hours ago 
OGE
Oge Energy CORP
8-K: OGE Energy Corp. Announces Election of Directors and Q3 Dividend
OGE Energy Corp. held its annual shareholder meeting on May 15, 2025, where directors were elected, the appointment of Ernst & Young LLP was ratified, executive compensation was approved on an advisory basis, and a third quarter dividend was declared.

NYSE
61 days, 11 hours ago 
OGE
Oge Energy CORP
Form 4: OGE Energy Corp. Executive William Sultemeier Reports Stock Sale
William Sultemeier, GC, Corp. Sec & CCO of OGE Energy Corp., reports the sale of 6,650 shares of common stock on May 6, 2025.

NYSE
62 days, 6 hours ago 
OGE
Oge Energy CORP
DEFA14A: OGE Energy Corp. to Hold Virtual Annual Meeting, Shareholders Urged to Vote
OGE Energy Corp. will hold its annual shareholder meeting virtually on May 15, 2025, with shareholders encouraged to vote on key proposals including director elections and executive compensation.

NYSE
68 days, 6 hours ago 
OGE
Oge Energy CORP
8-K: OGE Energy Corp. Reports Strong First Quarter 2025 Earnings, Driven by Customer Demand and Growth
OGE Energy Corp. announces first quarter 2025 earnings of $0.31 per diluted share, a significant increase compared to $0.09 per diluted share in the same period of 2024, driven by increased customer demand and growth.
Better than expected
 

NYSE
68 days, 6 hours ago 
OGE
Oge Energy CORP
10-Q: OGE Energy Corp. Reports Strong Q1 2025 Earnings, Driven by Rate Increases and Load Growth
OGE Energy Corp. announces a significant increase in net income for Q1 2025, primarily driven by higher operating revenues at OG&E and effective cost management.
Better than expected
 

NYSE
96 days, 11 hours ago 
OGE
Oge Energy CORP
DEFA14A: OGE Energy Corp. Files Definitive Additional Proxy Materials
OGE Energy Corp. has filed definitive additional materials related to its proxy statement with the Securities and Exchange Commission.

NYSE
96 days, 11 hours ago 
OGE
Oge Energy CORP
DEF: OGE Energy Corp. Aims to Streamline Governance with Proposed Supermajority Voting Elimination
OGE Energy Corp. is seeking shareholder approval to amend its Restated Certificate of Incorporation to eliminate supermajority voting provisions, potentially simplifying corporate governance.
Better than expected
 

NYSE
96 days, 16 hours ago 
OGE
Oge Energy CORP
8-K: OGE Energy Subsidiary Issues $350 Million in Senior Notes
Oklahoma Gas and Electric Company (OG&E), a subsidiary of OGE Energy Corp., successfully issued $350 million in 5.80% Senior Notes due April 1, 2055.

NYSE
101 days, 13 hours ago 
OGE
Oge Energy CORP
Form 4: OGE Energy Corp. Director David E. Rainbolt Reports Acquisition of Stock Equivalent Units
Director David E. Rainbolt reported the acquisition of stock equivalent units in OGE Energy Corp. through a deferred compensation plan.

NYSE
136 days, 12 hours ago 
OGE
Oge Energy CORP
Form 4: OGE Energy Corp. Executive Christine Woodworth Reports Stock Transactions
Christine Woodworth, VP of Marketing & Communications at OGE Energy Corp., reports acquisition and disposal of company stock, including settlement of performance units and long-term incentives.

NYSE
136 days, 12 hours ago 
OGE
Oge Energy CORP
Form 4: OGE Energy Corp. CFO Charles Walworth Reports Stock Transactions
Charles Walworth, CFO & Treasurer of OGE Energy Corp., reports acquisition and disposal of common stock and stock equivalent units.

NYSE
136 days, 12 hours ago 
OGE
Oge Energy CORP
Form 4: OGE Energy Corp. Executive William Sultemeier Reports Stock Transactions
William Sultemeier, GC, Corp. Sec, CCO of OGE Energy Corp., reports acquisition and disposal of company stock and stock equivalent units.

NYSE
136 days, 12 hours ago 
OGE
Oge Energy CORP
Form 4: OGE Energy Corp. Executive David A. Parker Reports Stock Transactions
David A. Parker, VP at OGE Energy Corp., reports acquisition and disposal of company stock, including settlement of performance units and long-term incentives.

NYSE
136 days, 12 hours ago 
OGE
Oge Energy CORP
Form 4: OGE Energy Corp. Executive Kenneth Miller Reports Stock Transactions
Kenneth Miller, VP at OGE Energy Corp., reports acquisition and disposal of company stock, including settlement of performance units and long-term incentives.

NYSE
136 days, 12 hours ago 
OGE
Oge Energy CORP
Form 4: OGE Energy Corp. Executive Keith E. Erickson Reports Stock Transactions
Keith E. Erickson, VP-Sales, Customer Ops (OG&E) of OGE Energy Corp., reports acquisition and disposal of company stock, including settlement of performance units and long-term incentives.

NYSE
136 days, 12 hours ago 
OGE
Oge Energy CORP
Form 4: OGE Energy Corp. Executive Reports Changes in Beneficial Ownership
Robert J. Burch, VP of Major Capital Projects at OGE Energy Corp., reports acquisition and disposal of common stock, including settlement of performance units and long-term incentives.

NYSE
136 days, 12 hours ago 
OGE
Oge Energy CORP
Form 4: OGE Energy Corp. Executive Johnny W. Whitfield Jr. Reports Stock Transactions
VP of Business Intelligence and Supply Chain at OGE Energy Corp., Johnny W. Whitfield Jr., reports acquisition and disposal of company stock.

NYSE
136 days, 12 hours ago 
OGE
Oge Energy CORP
Form 4: OGE Energy Corp. Executive Sean Trauschke Reports Stock Transactions
Sean Trauschke, COB, President, and CEO of OGE Energy Corp., reports acquisition and disposal of company stock, including settlement of performance units and tax withholding.

NYSE
136 days, 12 hours ago 
OGE
Oge Energy CORP
Form 4: OGE Energy Corp. VP Matthew Schuermann Reports Stock Transactions
VP of Power Supply Operations at OGE Energy Corp., Matthew Schuermann, reports acquisition and disposal of company stock, including settlement of performance units and long-term incentives.

NYSE
136 days, 12 hours ago 
OGE
Oge Energy CORP
Form 4: OGE Energy Corp. Executive Stafford Reports Stock Transactions
Sarah R. Stafford, Controller and CAO of OGE Energy Corp., reports acquisition and disposal of company stock, including settlement of performance units and tax withholding.

NYSE
136 days, 12 hours ago 
OGE
Oge Energy CORP
Form 4: OGE Energy Corp. Executive Donnie O. Jones Reports Stock Transactions
OGE Energy Corp.'s VP of Utility Operations, Donnie O. Jones, reports acquisition and disposal of company stock, including settlement of performance units and tax withholding.

NYSE
136 days, 12 hours ago 
OGE
Oge Energy CORP
Form 4: OGE Energy Corp. Executive Andrea M. Dennis Reports Stock Transactions
Andrea M. Dennis, VPT&D Operations (OG&E) of OGE Energy Corp., reports acquisition and disposal of company stock, including settlement of performance units and long-term incentives.

NYSE
136 days, 12 hours ago 
OGE
Oge Energy CORP
Form 4: OGE Energy Corp. Executive Reports Stock Transactions
Scott A. Briggs, VP of Human Resources at OGE Energy Corp., reports acquisition and disposal of company stock, including settlement of performance units and long-term incentives.

NYSE
138 days, 9 hours ago 
OGE
Oge Energy CORP
10-K: OGE Energy Corp. Reports Increased 2024 Net Income, Projects Continued Growth in 2025
OGE Energy Corp. announces a rise in net income for 2024 and forecasts further earnings growth in 2025, driven by load growth and strategic investments.
Capital raise
 

NYSE
138 days, 9 hours ago 
OGE
Oge Energy CORP
8-K: OGE Energy Corp. Reports Increased 2024 Earnings and Announces 2025 Outlook
OGE Energy Corp. announced higher earnings per share for 2024 and provided its earnings outlook for 2025, projecting continued growth.
Better than expected
 

NYSE
152 days, 14 hours ago 
OGE
Oge Energy CORP
Form 4: OGE Energy Corp. Director Bozich Reports Stock Equivalent Unit Transaction
Director Frank A. Bozich reports a transaction involving Stock Equivalent Units of OGE Energy Corp., convertible to common stock, as part of a deferred compensation plan.

NYSE
177 days, 14 hours ago 
OGE
Oge Energy CORP
Form 4: OGE Energy Corp. Director David E. Rainbolt Acquires Stock Equivalent Units
OGE Energy Corp. director David E. Rainbolt acquired 354.5006 stock equivalent units under the company's Deferred Compensation Plan.

OGE 
Oge Energy CORP 
NYSE

10-K: OGE Energy Corp. Reports Increased 2024 Net Income, Projects Continued Growth in 2025

Sentiment:
 Annual Results
 18 February 2025 6:03 PM

OGE Energy Corp. announces a rise in net income for 2024 and forecasts further earnings growth in 2025, driven by load growth and strategic investments.

Capital raise
  OGE Energy expects to issue between $15 million to $25 million of common stock from its Automatic Dividend Reinvestment and Stock Purchase Plan in 2025.  In 2025, OG&E expects to issue $300 million to $350 million in long-term debt to help fund general operating needs. 

Summary
  • OGE Energy's net income for 2024 was $441.5 million, or $2.19 per diluted share, compared to $416.8 million, or $2.07 per diluted share, in 2023.
  • The increase in net income was primarily due to higher operating revenues at OG&E, driven by load growth and recovery of capital investments.
  • OGE Energy forecasts earnings of $447 million to $471 million, or $2.21 to $2.33 per average diluted share, in 2025.
  • This forecast is based on assumptions including normal weather patterns, retail load growth of 7.5 percent to 9.5 percent, and net interest expense of $281 million to $284 million.
  • OG&E's system control area peak demand was 7,435 MWs on August 18, 2024, and OG&E's load responsibility peak demand was 6,669 MWs on August 18, 2024.
  • System sales increased by 7.7% from 2023 to 2024, reaching 32.0 million MWh.
  • OGE Energy expects to issue between $15 million to $25 million of common stock from its Automatic Dividend Reinvestment and Stock Purchase Plan in 2025.
Sentiment

Score: 7

Explanation: The document presents a positive outlook with increased earnings and projected growth. However, it also acknowledges risks and challenges, resulting in a moderately positive sentiment score.

Positives
  • OGE Energy's net income increased to $441.5 million in 2024, up from $416.8 million in 2023.
  • OGE Energy projects 2025 earnings between $447 million and $471 million.
  • OG&E's system sales increased by 7.7% in 2024, reaching 32.0 million MWh.
  • OGE Energy expects to issue between $15 million to $25 million of common stock from its Automatic Dividend Reinvestment and Stock Purchase Plan in 2025.
  • OG&E is committed to strengthening and securing our energy grid and infrastructure against extreme weather by upgrading physical infrastructure, deploying advanced monitoring technologies and devices, and enhancing emergency preparedness and response plans.
  • OG&E has reduced CO2 emissions by approximately 60 percent, emissions of ozone-forming NO x have been reduced by approximately 80 percent, and emissions of SO 2 have been reduced by approximately 95 percent compared to 2005 levels.
Negatives
  • OGE Energy forecasts a loss of $32 million for other operations (primarily the holding company) in 2025.
  • OG&E faces potential financial risks associated with climate change and the transition to a lower carbon economy.
  • OG&E may not be able to recover the costs of its substantial investments in capital improvements and additions if regulatory commissions do not approve rate adjustments.
  • OG&E is subject to cybersecurity risks and increased reliance on processes dependent on technology.
  • OG&E is planning for and managing the effects of turnover of our workforce due to a significant number of retirements occurring now and expected during the next five to ten years.
Risks
  • The Registrants' profitability depends to a large extent on the ability of OG&E to fully recover its costs, including its cost of capital, from its customers in a timely manner, and there may be changes in the regulatory environment that impair its ability to recover costs from its customers.
  • Costs of compliance with environmental and other laws and regulations are significant, and the cost of compliance with future environmental and other laws and regulations may adversely affect our results of operations, financial position or liquidity.
  • We are subject to financial risks associated with climate change and the transition to a lower carbon economy.
  • Our results of operations may be impacted by disruptions to fuel supply or the electric grid that are beyond our control.
  • Weather conditions such as tornadoes, thunderstorms, ice storms, windstorms, flooding, earthquakes, prolonged droughts and the occurrence of wildfires, as well as seasonal temperature variations may adversely affect our financial position, results of operations and cash flows.
  • Market performance, increased retirements, changes in retirement plan regulations and increasing costs associated with our Pension Plan, health care plans and other employee-related benefits may adversely affect our financial position, results of operations or cash flows.
  • We are subject to cybersecurity risks and increased reliance on processes dependent on technology.
  • We face certain human resource risks associated with the availability of trained and qualified labor to meet our future staffing requirements.
Future Outlook

OGE Energy projects earnings of $447 million to $471 million, or $2.21 to $2.33 per average diluted share, in 2025, based on assumptions including normal weather patterns and retail load growth of 7.5 percent to 9.5 percent.

Management Comments
  • OGE Energy creates long-term shareholder value by targeting the consistent growth of consolidated earnings per share of five to seven percent, supported by strong load growth enabled by low customer rates and a strategy of investing in lower risk infrastructure projects that improve the economic vitality of the communities it serves in Oklahoma and Arkansas.
  • In the next five years, OGE Energy expects to continue to grow the dividend, targeting a dividend payout ratio of 65 to 70 percent.
  • Over the next several years, OGE Energy expects earnings per share growth to exceed the dividend growth rate to help achieve this target.
Industry Context

The announcement reflects the ongoing trends in the electric utility industry, including the increasing focus on renewable energy, grid modernization, and regulatory compliance. The company's emphasis on environmental stewardship and community engagement aligns with broader industry efforts to address climate change and meet evolving customer expectations.

Comparison to Industry Standards
  • OGE Energy's targeted earnings per share growth of 5-7% is comparable to growth targets of other large utilities like Duke Energy (DUK) and Southern Company (SO), which also focus on regulated operations and infrastructure investments.
  • OGE Energy's dividend payout ratio target of 65-70% is within the typical range for dividend-paying utility stocks, similar to companies like Consolidated Edison (ED) and Xcel Energy (XEL).
  • OG&E's commitment to reducing emissions aligns with the broader industry trend of transitioning to cleaner energy sources, as seen in the investments of companies like NextEra Energy (NEE) and Iberdrola (IBDRY) in renewable energy projects.
  • OG&E's focus on grid modernization and reliability is consistent with the efforts of other utilities like American Electric Power (AEP) and Exelon (EXC) to enhance their infrastructure and improve service quality.
Stakeholder Impact
  • OG&E's commitment to providing exceptional customer experiences, strengthening the energy grid, and investing in proven technologies to meet generation capacity needs benefits customers through reliable and affordable electricity.
  • OGE Energy's focus on environmental stewardship and strong governance practices aligns with the interests of shareholders and the broader community.
  • OGE Energy's efforts to attract, retain, motivate, and develop a high-quality workforce contribute to the well-being of its employees.
Next Steps
  • OG&E will continue to evaluate the proposals submitted in the process for resources to meet the capacity needs identified in the 2024 IRP.
  • OG&E is evaluating options at another affected facility to comply with the final rule by the December 31, 2029 compliance date.
  • OG&E is planning to deploy more renewable energy sources that do not emit greenhouse gases.
Legal Proceedings
  • In July 2023, OG&E was named, along with its contractor, as a defendant in a lawsuit filed by an apartment owner and its insurance companies seeking in excess of $ 60.0 million in damages related to a fire at an apartment building under construction in Oklahoma City.
Related Party Transactions
  • OGE Energy charges operating costs to OG&E based on several factors, and operating costs directly related to OG&E are assigned as such.
  • In 2024 and 2023, OG&E declared $ 130.0 million and $ 500.0 million of dividends, respectively, to OGE Energy.
Key Dates
  • 1902: OG&E was incorporated under the laws of the Oklahoma Territory.
  • 1928: OG&E sold its retail natural gas business.
  • December 1, 2009: OGE Energy's Pension Plan is no longer being offered to employees hired on or after this date.
  • February 1, 2020: OGE Energy's defined benefit postretirement plans cover certain employees hired prior to this date.
  • February 2021: Winter Storm Uri resulted in record winter peak demand for electricity and extremely high natural gas and purchased power prices in OG&E's service territory.
  • December 17, 2021: OGE Energy and OG&E entered into Amended and Restated Credit Agreements.
  • September 30, 2022: OGE Energy sold all of its Energy Transfer limited partner units.
  • November 26, 2024: The OCC issued an interim order approving the settlement agreement in OG&E's most recent rate review.
  • December 31, 2024: OG&E retired Unit 7 located at the Horseshoe Lake station.
  • January 1, 2025: OG&E has the necessary regulatory approvals to incur up to $1.0 billion in short-term borrowings at any one time for a two-year period beginning this date.
  • February 18, 2025: Date of the report.
  • May 15, 2025: Currently scheduled date for the Annual Meeting of Shareholders.
Keywords

OGE 
Oge Energy CORP 
NYSE
Sector: Utilities
 
Filings with Classifications
Better than expected
29 April 2025 9:42 PM

Earnings Release
  • The company's earnings per share significantly increased from $0.09 to $0.31 compared to the same period last year.
  • OG&E's net income nearly tripled, increasing from $25.2 million to $71.0 million year-over-year.
Better than expected
29 April 2025 9:41 PM

Quarterly Report
  • Net income increased significantly due to higher operating revenues and lower operation and maintenance expenses.
Better than expected
1 April 2025 4:39 PM

Proxy Statement
  • The company's consolidated earnings per share, excluding midstream results, have a compound annual growth rate of 6% over the past 10 years.
  • The dividend compound annual growth rate has been 5% over the past 10 years.
  • Controllable costs per customer have increased less than 1% per year over the past decade.
Capital raise
18 February 2025 6:03 PM

Annual Results
  • OGE Energy expects to issue between $15 million to $25 million of common stock from its Automatic Dividend Reinvestment and Stock Purchase Plan in 2025.
  • In 2025, OG&E expects to issue $300 million to $350 million in long-term debt to help fund general operating needs.
Better than expected
18 February 2025 6:03 PM

Earnings Release
  • OGE Energy reported higher earnings per share for 2024 compared to 2023.
  • OG&E's net income increased significantly in 2024 compared to 2023.
  • The company's fourth quarter results were significantly better than the same period in the previous year.
Worse than expected
4 November 2024 5:48 PM

Quarterly Report
  • The company's earnings per diluted share decreased from $1.20 in Q3 2023 to $1.09 in Q3 2024.
  • OG&E's net income decreased from $246.1 million in Q3 2023 to $225.0 million in Q3 2024.
Worse than expected
4 November 2024 5:46 PM

Quarterly Report
  • Net income and earnings per share were lower in Q3 2024 compared to Q3 2023 due to increased expenses.
  • Net income and earnings per share were lower for the nine months ended September 30, 2024 compared to the same period in 2023 due to increased expenses.
Capital raise
15 August 2024 11:43 AM

Debt Issuance Announcement
  • OG&E has raised $350 million through the issuance of senior notes.
  • This is the second tranche of this series of notes, bringing the total raised to $700 million.
Better than expected
6 August 2024 5:42 PM

Quarterly Report
  • The company's earnings per share and net income were higher than the same period last year, indicating better than expected results.
  • The company expects to be in the top half of its 2024 earnings guidance range, suggesting a positive outlook.
Worse than expected
6 August 2024 5:41 PM

Quarterly Report
  • OGE Energy's net income for the first six months of 2024 was lower than the same period in 2023, indicating a worse performance.
Capital raise
6 August 2024 5:41 PM

Quarterly Report
  • OGE Energy issued $350 million of 5.45% senior notes due May 15, 2029.
  • OG&E increased long-term revolver borrowings by $200 million during the second quarter of 2024.
  • OG&E is expected to issue $350 million of senior notes in the third quarter of 2024.
Better than expected
13 June 2024 9:28 AM

Rate Case Settlement Agreement
  • The settlement agreement resulted in a significant reduction of the initial rate increase request, from $332.54 million to $126.66 million.
Capital raise
9 May 2024 11:12 AM

Debt Issuance Announcement
  • OGE Energy Corp. has raised $350 million through the issuance of senior notes.
  • The funds will be used for general corporate purposes.
Worse than expected
30 April 2024 5:42 PM

Quarterly Report
  • The company's earnings per diluted share decreased from $0.19 to $0.09 year-over-year, indicating worse than expected results.
  • OG&E's earnings per diluted share also decreased from $0.20 to $0.12 year-over-year, indicating worse than expected results.
  • The holding company's loss increased from $0.01 to $0.03 per diluted share, indicating worse than expected results.
Capital raise
30 April 2024 5:41 PM

Quarterly Report
  • OGE Energy expects to issue up to $350 million of long-term debt in the second quarter of 2024.
  • OG&E expects to issue $300 million to $350 million of long-term debt in the second half of 2024.
Worse than expected
30 April 2024 5:41 PM

Quarterly Report
  • The company's net income decreased significantly compared to the same period last year, indicating worse than expected results.
Better than expected
1 April 2024 12:14 PM

Proxy Statement
  • The company's actual OG&E Earnings Target was $2.12/share, exceeding the target of $2.04/share.
  • The company's Environmental Target was achieved at a 200% payout.
  • The company's Equivalent Forced Outage Rate was achieved at a 115% payout.
Worse than expected
20 February 2024 7:44 PM

Annual Results
  • The company's 2023 earnings per share were lower than the previous year due to the absence of income from natural gas midstream operations and increased operating expenses.

Disclaimer: This summary was generated by artificial intelligence and its accuracy is not guaranteed. The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.