NYSE$OGE

OGE Energy Corp. · Q4 2025 earnings

Q4 2025 earnings · · Before market open · Investor relations

Briefing

OGE Energy reported Q4 2025, revenue of $3.26B, net income of $69.2M, diluted EPS of $0.34.

For Q4 2025, OGE Energy reported revenue of $3.26B, net income of $69.2M, diluted EPS was $0.34. Management discusses segment performance, capital allocation, and outlook in the earnings filing.

  • Revenue $3.26B.
  • Net income $69.2M.
  • Diluted EPS $0.34.

Headline financials

Total Revenue

$3.26B

Previous: $761M+328.7%
EPS (adj)

$0.34

Previous: $0.50-32.0%
Number of customers

913.3K

Previous: 907.0K+0.7%
Natural gas cost (c/kWh)

4.8%

No prior period
Coal cost (c/kWh)

2.7%

No prior period
Total fuel cost (c/kWh)

3.7%

No prior period
Fuel & purchased power (c/kWh)

3.4%

No prior period
Heating degree days

996

Previous: 979+1.7%
Heating degree days normal

1.4K

Previous: 1.4K+0.1%
Cooling degree days

174

Previous: 174+0.0%
Cooling degree days normal

62

Previous: 62+0.0%
Residential MWh sales

2.0M

Previous: 2.0M+0.0%
Commercial MWh sales

3.1M

Previous: 2.7M+14.8%
Industrial MWh sales

1.0M

Previous: 1.0M+0.0%
Oilfield MWh sales

1.1M

Previous: 1.1M+0.0%
Public auth & SL MWh

800.0K

Previous: 700.0K+14.3%
System sales MWh

8.0M

Previous: 7.5M+6.7%
Integrated market MWh

200.0K

Previous: 200.0K+0.0%
Total MWh sales

8.2M

Previous: 7.7M+6.5%
Net Income

$69.2M

Previous: $102M-32.1%
Operating Income

$799M

Previous: $745M+7.3%

Revenue & EPS history

OGE Energy · Revenue · Quarterly

$3.26B

Q4 2025+328.7%vs Q4 2024
Beat estimate in 8 of 15 quarters(53%)
ActualEstimate

Revenue by segment

OGE Energy · $945M total across 8 segments · Q3 2023

  • Residential
    $401M-23.3%
  • Commercial
    $244M-21.2%
  • Public authorities & SL
    $82.2M-26.3%
  • Industrial
    $78M-30.7%
  • Oilfield
    $68M-33.9%
  • Transmission
    $35.6M-3.5%
  • Integrated market
    $26.2M-62.5%
  • Other
    $10.4M+173.7%

Forward guidance

The release discusses OGE Energy's outlook for upcoming periods, including capital allocation, operating priorities, and market risks, without relying solely on numeric EPS bridges.

Tailwinds

  • OGE Energy cites operational execution and demand trends supporting the outlook.
  • Balance sheet and liquidity actions aim to fund growth and returns.
  • Rate base growth and load trends support utility earnings trajectories.

Headwinds

  • Macro, pricing, and input-cost volatility could pressure margins.
  • Segment mix and one-time items may affect quarter-to-quarter comparability.
  • Regulatory lag, interest expense, and weather can swing quarterly results.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q4 2025

Historical avgQ4 2025

+0.2%

Avg return

Earnings day

+0.8%

Avg return

5 days after

+1.7%

Avg return

30 days after

65%

44 / 68 earnings

Positive

+6.9%

Q4 2017

Best reaction

-11.6%

Q4 2019

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-0.5%+1.2%-0.5%
Q4 2025-0.9%+2.6%-1.6%
Q3 2025-2.3%-2.8%+0.9%
Q1 2025-0.7%-1.2%-2.7%
Q4 2024+0.4%+2.9%+2.5%
Q3 2024+5.9%+7.7%+8.2%
Q2 2024+0.9%+0.8%+2.0%
Q1 2024+1.1%+2.7%+4.8%
Q4 2023+1.0%-0.3%+2.4%
Q3 2023+2.2%-0.3%+2.9%
Q2 2023-4.1%-4.6%-6.6%
Q1 2023+2.6%+2.1%-3.1%
Q4 2022-1.8%-5.2%-5.4%
Q3 2022+3.1%+2.3%+8.8%
Q2 2022-1.0%+0.9%-0.0%
Q1 2022-0.9%-2.4%+3.3%
Q4 2021+4.9%+5.9%+12.6%
Q3 2021+0.0%-1.4%+3.9%
Q2 2021+2.8%+3.3%+4.6%
Q1 2021+1.5%+0.0%+2.7%
Q4 2020-6.1%-4.5%+4.0%
Q3 2020-1.7%+6.1%+2.0%
Q2 2020+3.3%+1.9%-2.1%
Q1 2020+6.2%+2.4%+14.9%
Q4 2019-11.6%-10.3%-25.8%
Q3 2019+0.2%+0.4%+0.6%
Q2 2019+1.2%+1.3%+1.8%
Q1 2019-0.2%+0.4%-0.3%
Q4 2018+2.0%-0.0%+2.8%
Q3 2018+2.1%+4.6%+8.0%
Q2 2018+1.6%+1.7%+2.0%
Q1 2018+3.2%+2.2%+3.9%
Q4 2017+6.9%+2.5%+2.0%
Q3 2017-2.7%-2.1%-3.7%
Q2 2017+0.5%+1.4%+0.1%
Q1 2017-1.3%-3.2%+3.1%
Q4 2016+3.3%+5.4%+2.1%
Q3 2016+2.3%+6.3%+8.8%
Q2 2016-1.2%-0.1%+0.8%
Q1 2016+0.1%
Q4 2015-7.7%
Q3 2015-8.2%
Q2 2015+1.5%
Q1 2015-0.1%
Q4 2014-3.8%
Q3 2014+0.7%
Q2 2014+0.5%
Q1 2014-2.8%
Q4 2013+0.2%
Q3 2013+2.3%
Q2 2013+1.5%
Q1 2013+1.9%
Q4 2012-1.2%
Q3 2012-2.5%
Q2 2012+4.2%
Q1 2012+3.0%
Q4 2011+0.9%
Q3 2011+2.9%
Q2 2011-8.9%
Q1 2010-3.8%
Q1 2011+1.8%
Q4 2010+3.8%
Q4 2008+3.8%
Q3 2009+1.7%
Q3 2010+1.7%
Q2 2010+0.5%
Q4 2009+0.5%
Q2 2009+0.5%

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