trending Market Intelligence /marketintelligence/en/news-insights/trending/yavhw2-c997k1cwmqmli0q2 content esgSubNav
Log in to other products

 /


Looking for more?

Contact Us
In This List

OGE Energy reports higher Q2'18 EPS, lower operating revenues

Blog

COVID-19 Impact & Recovery: Energy Outlook for H2 2021

Blog

US utility commissioners: Who they are and how they impact regulation

Video

Climate Credit Analytics: Linking climate scenarios to financial impacts

Blog

Essential Energy Insights, April 2021


OGE Energy reports higher Q2'18 EPS, lower operating revenues

OGE Energy Corp. on Aug. 9 reported second-quarter 2018 net income of $110.7 million, or 55 cents per share, an increase from $104.8 million, or 52 cents per share, a year ago.

The results missed the S&P Global Market Intelligence consensus normalized EPS estimate for the quarter of 57 cents.

Operating revenues were $567.0 million, a drop from $586.4 million a year earlier. The company also reported operating income of $131.7 million, down from $145.8 million in the same quarter a year earlier.

The company projects it will be at the upper end of its 2018 earnings guidance of $1.90 per share to $2.05 per share due to higher projected utility earnings.