Overview
* OGE Energy ( OGE ) Q3 EPS rises to $1.14 from $1.09 yr/yr
* OG&E ( OGE ) Q3 net income increases due to capital investment recovery
* Company maintains 2025 earnings guidance in top half of original range
Outlook
* OGE Energy ( OGE ) expects 2025 earnings in the top half of $2.21-$2.33 range
* Company assumes normal weather for remainder of 2025
Result Drivers
* CAPITAL INVESTMENT RECOVERY - OG&E's ( OGE ) net income increase attributed to higher recovery of capital investments
* HIGHER EXPENSES - Increased operation and maintenance expenses partially offset income gains
* NEW TURBINES - Construction of 550 MW of new natural gas turbines to address regional energy needs
Key Details
Metric Beat/Mis Actual Consensu
s s
Estimate
Q3 EPS $1.14
Q3 $315.20
Operatin mln
g
Expenses
Q3 $341.30
Operatin mln
g Income
Analyst Coverage
* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 4 "strong buy" or "buy", 8 "hold" and no "sell" or "strong sell"
* The average consensus recommendation for the electric utilities peer group is "buy"
* Wall Street's median 12-month price target for OGE Energy Corp ( OGE ) is $47.50, about 4.4% above its October 28 closing price of $45.39
* The stock recently traded at 19 times the next 12-month earnings vs. a P/E of 19 three months ago
For questions concerning the data in this report, contact [email protected]. For any other questions or feedback, contact .
(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)