OGE Energy Reports Q1 Earnings and Outlines Growth Plans
OGE Energy reported a decline in Q1 consolidated EPS to $0.24 from $0.31 year-over-year, citing milder weather and timing of expenses as key factors. Despite the drop, management reaffirmed its full-year guidance at $2.43 per share (range: $2.38–$2.48). The company is expanding generation capacity with new projects totaling over 2000 MW across wind, solar, and battery storage to support long-term contracts with Google.
Topics: Earnings Guidance Infrastructure Expansion Partnerships Regulatory Filings