OGE Energy reports 2022 EPS of $3.32, down from $3.68; guides 2023 EPS midpoint $2.00

OGE ENERGY CORP.

2022-FY EPS reported $3.32 revenue$3,375,700,000

2022 diluted EPS $3.32 vs $3.68 in 2021; OG&E contributed $2.19 (up from $1.80), Natural Gas Midstream $1.16 (down from $1.92).
Q4 2022 net income $50.3M ($0.25/diluted share) vs $319.2M ($1.59) in Q4 2021, primarily due to prior-year Enable merger gain.
2023 consolidated EPS guidance midpoint $2.00, range $1.93-$2.07; OG&E midpoint $2.04; no natural gas midstream segment.
Board declared Q2 dividend $0.4141 per share, payable April 28, 2023 to holders of record April 10, 2023.
Company transitions to pure-play electric utility after Enable merger; 2023 outlook reflects absence of midstream earnings.

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