OGE Energy earnings are expected to exceed the company’s original 2026 guidance range after warmer-than-normal weather. The utility parent now forecasts consolidated earnings of $2.62 to $2.68 per average share for the year.

OGE Energy earnings outlook

The revised forecast, reported on October 28, 2026, is management guidance rather than a completed full-year result. The company attributed its expectation of exceeding the original range to warmer-than-normal weather.

In its first-quarter release, OGE Energy described weather-related earnings seasonality at Oklahoma Gas and Electric Company, its regulated electric utility subsidiary.

Third-quarter profit and revenue

OGE Energy reported third-quarter earnings of $316.2 million, or $1.52 per share, up from $231.3 million, or $1.14 per share, a year earlier.

Revenue rose 13.1% to $1.182 billion from $1.045 billion in the third quarter of 2025. At the last market close before the report, OGE Energy shares traded at $48.91 on the New York Stock Exchange.

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