OGE Energy Corp. (NYSE:OGE) Q4 2025 Earnings Call Transcript
OGE Energy Corp. reported strong financial results for Q4 and full year 2025, with consolidated earnings of $2.32 per share, exceeding expectations. The company provided a 2026 earnings guidance of $2.43 per share and reiterated its long-term EPS growth target of 5% to 7%. Key initiatives include advancing transmission projects, securing approval for the Frontier Energy Storage Project, and addressing significant load growth driven by data centers and SPP policy changes.
OGE Energy Q4 2025 Earnings Call Transcript
OGE Energy reported strong Q4 2025 results with consolidated EPS of $2.32, driven by increased load and customer growth. The company raised its 2026 EPS guidance to $2.43 and set a long-term EPS growth target of 5-7%, fueled by significant new generation projects, including a 1 GW data center contract. OGE Energy also highlighted strengthened financing and plans for substantial transmission investments, while maintaining a focus on affordability and low rates for its customers.
Earnings grew more in 2025 for OGE Energy Corp.
OGE Energy Corp. reported increased net earnings for the full year 2025, with earnings of $2.32 per diluted share, up from $2.19 in 2024. This growth was primarily driven by higher operating revenue from capital investments and strong load growth from its subsidiary OG&E, despite a slight decline in fourth-quarter results compared to the previous year. The company also announced a 2026 earnings guidance midpoint of $2.43 per diluted share and approved a second-quarter dividend of $0.425 per common share.
OGE Energy Corp Reports Full-Year 2025 Earnings Growth Amid Fourth Quarter Decline
OGE Energy Corp reported consolidated earnings of $2.32 per average diluted share for the full year 2025, an increase from $2.19 per share in 2024, driven by capital investment recovery and load growth. However, the company experienced a 32% year-over-year decrease in fourth-quarter earnings, reporting $0.34 per share compared to $0.50 per share in the prior year period. For 2026, OGE Energy projects consolidated earnings guidance with a midpoint of $2.43 per share and targets a long-term annual earnings growth rate of 5% to 7% through 2030.
OGE Energy shares rise over 4% after Q4 earnings beat expectations
OGE Energy Corp. (NYSE:OGE) exceeded analyst expectations for its fourth-quarter earnings, leading to a more than 4% rise in its shares during pre-market trading. The company reported EPS of $0.34 and revenue of $725.8 million, significantly above consensus estimates. Despite a lower net income compared to the previous year, OGE Energy provided optimistic guidance for fiscal year 2026, with an expected consolidated EPS growth of 5% to 7% annually through 2028.
OGE Energy: Q4 Earnings Snapshot
OGE Energy Corp. reported a profit of $69.2 million, or 33 cents per share, for its fourth quarter, with revenue reaching $725.8 million. For the full year, the company's profit was $470.7 million, or $2.32 per share, on revenue of $3.26 billion. These financial results were generated using data from Zacks Investment Research.
OGE Energy: Q4 Earnings Snapshot
OGE Energy Corp. reported a fourth-quarter profit of $69.2 million, resulting in net income of 33 cents per share. The company's revenue for the quarter was $725.8 million, while its full-year profit reached $470.7 million, or $2.32 per share, on revenue of $3.26 billion. These financial results were generated using data from Zacks Investment Research.
OGE Energy: Q4 Earnings Snapshot
OGE Energy Corp. (OGE) reported a profit of $69.2 million, or 33 cents per share, in its fourth quarter, with revenue reaching $725.8 million. For the full year, the company's profit was $470.7 million, or $2.32 per share, and total revenue stood at $3.26 billion. The financial data was generated by Automated Insights using information from Zacks Investment Research.
OGE and Tinker Air Force Base to host ribbon-cutting for new power generation project
OGE and Tinker Air Force Base are holding a ribbon-cutting ceremony for a new 90 MW power generation project at Tinker AFB. This expansion involves replacing the existing electric peaking plant, which has provided critical backup power since 1971. The new natural gas-fired plant will ensure energy resilience for critical military missions and support regional grid voltage.
Liquidity Mapping Around (OGE) Price Events
This article analyzes Oge Energy Corp (NYSE: OGE) stock, using AI models to suggest trading strategies. It highlights a strong near-term sentiment for OGE with a mid-channel oscillation pattern in play, offering an exceptional short setup. The analysis provides specific entry, target, and stop-loss zones for position trading, momentum breakout, and risk hedging strategies, along with multi-timeframe signal analysis.
OGE Energy Corporation $OGE Shares Bought by ProShare Advisors LLC
ProShare Advisors LLC increased its stake in OGE Energy Corporation (NYSE:OGE) by 6.1%, bringing their total to 779,470 shares valued at approximately $36.07 million. This move is part of broader institutional interest, with significant purchases from Norges Bank, Boston Partners, First Trust, Goldman Sachs, and Allianz Asset Management, contributing to 71.84% institutional ownership. Analysts have a mixed view, with a "Hold" consensus and an average price target of $47.13, although Jefferies recently upgraded the stock to "Buy" with a $55 target.
Alps Advisors Inc. Acquires 52,454 Shares of OGE Energy Corporation $OGE
Alps Advisors Inc. increased its stake in OGE Energy Corporation by 73.7% in Q3, acquiring an additional 52,454 shares, bringing its total to 123,632 shares valued at $5.72 million. OGE Energy offers a quarterly dividend of $0.425, yielding 3.8% annually with a payout ratio of about 68.3%. The company holds a consensus "Hold" rating from analysts, with an average price target of $47.13.
Reaves W H & Co. Inc. Purchases 93,462 Shares of OGE Energy Corporation $OGE
Reaves W H & Co. Inc. increased its stake in OGE Energy Corporation by 7.5% in the third quarter, acquiring 93,462 additional shares to own a total of 1,335,747 shares valued at approximately $61.8 million. Other institutional investors like Millennium Management and Goldman Sachs also significantly increased their positions in OGE Energy. Wall Street analysts have a "Hold" consensus rating for OGE Energy with an average price target of $47.13, although individual ratings vary.
OGE Energy Corporation (NYSE:OGE) Receives Average Rating of "Hold" from Brokerages
OGE Energy Corporation (NYSE:OGE) has received an average "Hold" rating from ten research firms, with one firm issuing a "sell," five a "hold," and four a "buy." The average 12-month target price set by analysts is $47.13. The company also pays a quarterly dividend of $0.425, translating to a 3.9% yield and a 68.27% payout ratio.
Strs Ohio Decreases Position in OGE Energy Corporation $OGE
Strs Ohio significantly reduced its stake in OGE Energy Corporation by 93.5% in the third quarter, selling 69,325 shares and retaining 4,803 shares valued at $222,000. OGE Energy pays a quarterly dividend of $0.425, yielding 3.9%, and has a consensus "Hold" rating from analysts with an average target price of $47.13. The stock is currently trading near $43.08, with a market capitalization of $8.68 billion.
Why (OGE) Price Action Is Critical for Tactical Trading
Oge Energy Corp (NYSE: OGE) shows a mid-channel oscillation pattern with a strong near-term sentiment but neutral mid and long-term outlook. AI-generated trading strategies are provided for position trading, momentum breakout, and risk hedging, highlighting an exceptional 12.5:1 risk-reward short setup. The analysis includes multi-timeframe signal analysis with support and resistance levels for various horizons.
New Infrastructure Projects Help OGE Meet Growing Electricity Demand
OGE Energy, having transitioned to a fully regulated all-electric utility, is experiencing growth driven by new infrastructure projects. The company's expansion is supported by constructive regulatory developments and increasing electricity demand in Oklahoma. This strategy is expected to boost investment during the 2026-2029 period.
Analyst Downgrades OGE Energy (OGE) to 'Underweight'
Wells Fargo downgraded OGE Energy Corp. (OGE) from 'Equal Weight' to 'Underweight', reducing its price target from $45 to $39. This downgrade is due to the stock trading at a 3% premium to peers despite aligning EPS growth and lacking near-term catalysts, even though fundamentals are solid. Barclays also adjusted its price target for OGE from $51 to $49 but maintained an 'Overweight' rating.
Analyst Downgrades OGE Energy (OGE) to ‘Underweight’
Wells Fargo downgraded OGE Energy Corp. (OGE) from ‘Equal Weight’ to ‘Underweight’ on January 20, lowering its price target from $45 to $39. The downgrade is attributed to OGE's shares trading at a premium compared to peers despite in-line EPS growth expectations and a lack of near-term catalysts, indicating limited relative upside. Separately, Barclays maintained an ‘Overweight’ rating but reduced its price target for OGE from $51 to $49 on January 22.
10 High Yield Utility Stocks to Buy in 2026
This article identifies high-yield utility stocks for investors in 2026, focusing on OGE Energy Corp. (NYSE: OGE) as one such example. Despite a recent downgrade by Wells Fargo due to its premium valuation compared to peers, OGE maintains a strong dividend yield and solid fundamentals. Barclays also adjusted its price target for OGE while keeping an 'Overweight' rating, reflecting an updated sector outlook.
10 High Yield Utility Stocks to Buy in 2026
This article highlights OGE Energy Corp. (NYSE:OGE) as one of the high-yield utility stocks to consider in 2026. Despite a recent downgrade by Wells Fargo due to its premium valuation and lack of immediate catalysts, analysts note OGE's solid fundamentals and constructive regulatory outlook. Barclays also revised its price target for OGE while maintaining an 'Overweight' rating, recognizing its impressive 3.89% dividend yield.
Regulatory Pushback On Horseshoe Lake Cost Recovery Might Change The Case For Investing In OGE Energy (OGE)
Regulators and consumer groups are challenging OGE Energy's request to recover construction costs for new natural gas generation at its Horseshoe Lake Power Plant. This regulatory pushback introduces uncertainty to OGE Energy's investment narrative, particularly concerning future returns and project timing, despite the utility’s focus on winter storm preparedness. The article suggests that different investors may have widely varying expectations for the company's future performance based on regulatory outcomes.
Regulators consider OGE’s latest CWIP request
The Oklahoma Corporation Commission is considering a request from Oklahoma Gas and Electric (OG&E) to begin recovering construction costs for new power projects via Construction Work in Progress (CWIP). Opponents argue that previous rulings rejected CWIP for these projects and that OG&E is attempting to "leapfrog" regulations, potentially leading to double recovery for ratepayers. The decision remains under advisement, with no timeline announced for a final ruling.
Y Intercept Hong Kong Ltd Purchases 36,595 Shares of OGE Energy Corporation $OGE
Y Intercept Hong Kong Ltd significantly increased its stake in OGE Energy Corporation by 115.3% in the third quarter of 2025, acquiring 36,595 additional shares to reach a total of 68,340 shares valued at approximately $3.16 million. OGE Energy (NYSE:OGE) currently has high institutional ownership at 71.84%, with other major institutional investors also modifying their positions. The company, which provides electric service in Oklahoma and Arkansas, trades with a market capitalization of $8.71 billion, a P/E ratio of 17.38, and offers an annualized dividend yield of 3.9%.
Barclays Keeps Their Buy Rating on OGE Energy (OGE)
Barclays has maintained a Buy rating on OGE Energy (OGE) with a price target of $49.00, according to analyst Nicholas Campanella. The company reported strong quarterly revenues of $1.05 billion and a net profit of $231.3 million, an increase from the previous year. Despite this positive rating, the overall analyst consensus for OGE Energy remains a Hold with a target price of $45.86.
How Good Is OGE Energy Corp. (NYSE:OGE), When It Comes To ROE?
This article analyzes OGE Energy Corp.'s Return On Equity (ROE), calculating it to be 10% based on trailing twelve months to September 2025. It compares OGE's ROE to the Electric Utilities industry average of 9.4%, noting it is acceptable but not exceptional. The analysis further highlights that OGE Energy utilizes a significant amount of debt (debt to equity ratio of 1.22) to achieve its returns, suggesting that its ROE is low even with high leverage.
OGE Energy Corp. (OGE) in focus as RBC Capital reassesses utility capital plans
RBC Capital has reassessed utility capital plans, bringing OGE Energy Corp. (OGE) into focus. This analysis likely impacts investor perspectives on OGE's future capital expenditures and overall financial outlook.
Regulators to handle challenges to CWIP requests by OGE
The Oklahoma Corporation Commission is set to address challenges to Oklahoma Gas and Electric's (OGE) Construction Work in Progress (CWIP) requests for its Horseshoe Lake Power Plant expansion. OGE faces opposition from consumer groups and the Commission's Public Utilities Division, who argue that OGE is attempting to bypass foundational requirements for CWIP recovery. The dispute centers on a new law, SB998, which allows CWIP for natural gas projects but which opponents contend OGE is applying retroactively and incorrectly, especially since a previous pre-approval order rejected OGE's CWIP request.
OGE Energy Named Among Top 20 Dividend Contenders, Price Target Raised to $51
RBC Capital analyst Stephen D’Ambrisi has raised OGE Energy's price target from $49 to $51, while maintaining a Sector Perform rating, citing significant changes in utility capital deployment plans. This adjustment reflects a reassessment of the company's investment potential, although BMO Capital recently initiated coverage with a more conservative $45 price target due to regulatory risks. OGE Energy, a major electricity provider in Oklahoma and western Arkansas, is noted for its stable utility business but analysts suggest some AI stocks might offer higher upside growth.
OGE Energy Corp. (OGE) in Focus as RBC Capital Reassesses Utility Capital Plans
RBC Capital analyst Stephen D’Ambrisi recently raised the price target for OGE Energy Corp. (OGE) to $51 from $49, maintaining a "Sector Perform" rating, in anticipation of fourth-quarter earnings in the utilities sector. This adjustment is part of a broader reevaluation of utility capital plans that have seen frequent changes over the past 18 months. BMO Capital also initiated coverage with a "Market Perform" rating and a $45 price target, highlighting opportunities for capital investment balanced against regulatory and political risks.
OGE gives assurances about fuel supplies during winter storm
Oklahoma Gas and Electric (OGE) has prepared for an impending winter storm by ensuring sufficient fuel supplies, including natural gas in storage and full coal inventories. The utility confirmed it has winterized all power plants and is actively communicating with natural gas suppliers. OGE stated it aims to mitigate price fluctuations for customers by locking in fuel purchases and negotiating the lowest possible fuel costs.
Massachusetts Financial Services Co. MA Raises Stake in OGE Energy Corporation $OGE
Massachusetts Financial Services Co. MA has increased its holdings in OGE Energy Corporation by 13.9% in the third quarter, bringing their total stake to over 1 million shares valued at approximately $50.35 million. Institutional investors collectively own 71.84% of OGE Energy, with other significant moves including new stakes and increased positions by firms like Norges Bank and Boston Partners. Analysts currently assign a consensus "Hold" rating to OGE Energy, with an average price target of $47.38.
OG&E provides energy tips for upcoming winter weather
OG&E is offering energy-saving tips to its customers in anticipation of the upcoming winter weather storm. The utility provider is monitoring the forecast and preparing its power plants to ensure reliable service. Customers are advised on various cold weather safety measures, including dressing warmly, having emergency supplies, checking on vulnerable individuals, and managing energy consumption by adjusting thermostats and using more efficient cooking methods.
Wells Fargo Downgrades OGE Energy to Underweight From Equalweight, Adjusts Price Target to $39 From $45
Wells Fargo has downgraded OGE Energy (OGE) from "Equalweight" to "Underweight" and reduced its price target from $45 to $39. This adjustment reflects a more cautious outlook on the utility company. The article also provides recent news and financial data for OGE Energy.
OGE Energy (OGE) Downgraded by Wells Fargo with New Price Target
Wells Fargo has downgraded OGE Energy (OGE) from "Equal-Weight" to "Underweight," simultaneously lowering its price target from $45.00 to $39.00, a 13.33% decrease. This decision by analyst Shahriar Pourreza reflects a revised assessment of OGE's market position and future prospects. While the average analyst target price for OGE is $46.69, GuruFocus estimates the fair value (GF Value) at $42.80, suggesting a slight downside from its current trading price.
200,547,842 Common Stock of OGE Energy Corp. are subject to a Lock-Up Agreement Ending on 20-JAN-2026.
200,547,842 shares of OGE Energy Corp. common stock are under a lock-up agreement that began on November 20, 2025, and concludes on January 20, 2026. This 61-day lock-up prevents directors and executive officers from selling their shares without the underwriters' prior written consent. The article also provides recent news and financial information about OGE Energy Corp.
OGE rides on expanding renewable portfolio & infrastructure spending
This article discusses how OGE Energy Corp. (OGE) is benefiting from its expanding renewable energy portfolio and significant infrastructure spending. The company is strategically investing in wind and solar power generation, aiming for a cleaner energy mix, and enhancing grid reliability through infrastructure upgrades. These initiatives are expected to drive OGE's future growth and improve its financial performance.
OGE Rides on Expanding Renewable Portfolio & Infrastructure Spending
OGE Energy (OGE) is strengthening its position through strategic investments in infrastructure upgrades and a growing renewable energy portfolio. The company owns several wind and solar farms and offers clean energy programs to customers, all while planning to invest $6.50 billion through 2029 to enhance its grid and generation fleet. Despite facing challenges like supply-chain disruptions and rising electricity production costs, OGE has seen its share price rise, and analysts give it a Zacks Rank #3 (Hold).
Campbell & CO Investment Adviser LLC Invests $8.20 Million in OGE Energy Corporation $OGE
Campbell & CO Investment Adviser LLC has acquired a new stake worth $8.20 million in OGE Energy Corporation (NYSE:OGE), making it the firm's sixth-largest position. Other institutional investors have also adjusted their holdings in OGE Energy. The stock currently holds a "Hold" consensus rating from analysts with an average price target of $48.00.
OGE Energy Corporation (NYSE:OGE) Receives Consensus Rating of "Moderate Buy" from Analysts
OGE Energy Corporation (NYSE:OGE) has received a consensus "Moderate Buy" rating from analysts, with five rating it a hold and five a buy, and an average one-year price target of $48.38. The company recently declared a quarterly dividend of $0.425, yielding 4.0%, and reported $1.14 EPS on $1.05 billion revenue for the last quarter. Investor activity shows institutional holdings of 71.84% of the company's stock.
OGE Energy Announces Public Offering to Fund Capital Plan
OGE Energy Corp. announced a public offering of common stock, with an additional option for underwriters to purchase more shares. The net proceeds are intended to fund the company's capital plan, including the general capital requirements of its utility and pipeline businesses and repayment of some commercial paper obligations.
OGE creates new division for “more personalized service”
Oklahoma Gas & Electric (OG&E) has established a new Commercial Division and appointed John Laws as Chief Commercial Officer to enhance personalized service, deliver innovative energy solutions, and manage growing electricity demand in Oklahoma and western Arkansas. This strategic move aims to strengthen customer engagement, maintain low electric rates, and balance growth with reliability and affordability. Laws' diverse background in corporate finance, energy operations, and public service is expected to guide the utility through a period of rapid energy system change and increased demand across various sectors.
OGE Energy Corp. reports third quarter 2025 results
OGE Energy Corp. reported a diluted EPS of $1.14 for Q3 2025, an increase from $1.09 in Q3 2024. The regulated electric company, OG&E, was the primary contributor to these earnings with $1.20 per diluted share. The company maintains its 2025 consolidated earnings guidance in the top half of its $2.21 to $2.33 range, anticipating normal weather for the rest of the year.
OGE Energy : OG&E Appoints John Laws as Chief Commercial Officer to Drive Innovation and Enhance Customer Experience
OGE Energy's subsidiary, OG&E, has appointed John Laws as its Chief Commercial Officer to lead a newly established Commercial organization. This strategic move aims to enhance customer experience, drive innovation, and address the evolving energy demands in Oklahoma and western Arkansas, focusing on customer engagement, systems planning, and sales. Laws brings extensive experience in corporate finance, business development, and strategic planning from his previous roles within OGE Energy Corp. and public service.
OGE Energy Corp.'s (NYSE:OGE) Share Price Could Signal Some Risk
OGE Energy Corp.'s P/E ratio of 17.4x is considered "middle-of-the-road" compared to the broader U.S. market, which has a median P/E of 19x. While the company has shown strong recent earnings growth of 29% for the last year, its earnings per share dropped 48% over the last three years. Analysts forecast a modest 3.0% annual growth for OGE Energy over the next three years, significantly lower than the projected 11% market growth, suggesting that the current P/E might overvalue the stock given its growth outlook.
OGE Energy Corp: Defensive Dividend Name Catches Its Breath While Wall Street Stays Cautiously Bullish
OGE Energy Corp has seen a modest dip recently, but its high-yield dividend, strong balance sheet, and steady rate-base growth maintain a cautiously optimistic outlook among analysts. Despite short-term fluctuations, the stock has shown positive performance over the past year, offering a respectable total return including dividends. Wall Street maintains a "Hold" to "Buy" consensus, emphasizing the stock's appeal for income and stability over high growth, with future performance tied to interest rates and regulatory developments.
OGE Energy Corp: Defensive Dividend Name Catches Its Breath While Wall Street Stays Cautiously Bullish
OGE Energy Corp, an Oklahoma utility known for its high-yield dividend and stable financials, has recently experienced a modest dip in its stock price. Despite this, analysts maintain a cautiously optimistic outlook, citing the company's solid balance sheet and steady rate-base growth. The stock's one-year performance shows a respectable 6% price return, with the dividend yield pushing total returns into the high single digits, validating its role as an income-generating investment amidst a challenging year for utilities.
OGE Energy Corp: Defensive Utility, Quiet Chart, And A Market Waiting For A Catalyst
OGE Energy Corp has experienced a subdued start to the year, with its stock trading in a narrow range, attracting income investors while cautious analysts note flat growth and regulatory concerns. The stock's performance over the past year shows respectable single-digit percentage gains with dividends, aligning with a low-volatility utility investor mindset. Future prospects are tied to regulation, capital allocation, and the energy transition, with interest rates remaining a critical factor for its valuation.
Calculating The Fair Value Of OGE Energy Corp. (NYSE:OGE)
Simply Wall St calculated the fair value of OGE Energy Corp. (NYSE:OGE) as US$38.37 using a Dividend Discount Model, suggesting the current share price of US$42.88 is near its fair value. The analysis highlights that OGE is an electric utilities company, requiring a different valuation approach than typical companies, and mentions a US$47.05 analyst price target. The article emphasizes that DCF models are not perfect and encourages considering other factors and assumptions.
Assessing OGE Energy (OGE)'s Valuation as Investors Revisit This Quiet Utility Performer
OGE Energy (OGE) has garnered investor attention due to its quiet outperformance, offering a steady income, stability, and reasonable growth. While a narrative valuation suggests the stock is 8.9% undervalued at $47.05, a discounted cash flow (DCF) model presents a tougher picture, indicating potential overvaluation with a fair value of $38.37 against its current $42.88 share price. Investors must weigh growth assumptions against potential risks like softer industrial demand to determine its true value.
