OGE Energy reports 2023 EPS $2.07 vs $3.32; guides 2024 to $2.06-$2.18

OGE ENERGY CORP.

2023-FY EPS reported $2.07 revenue$2,674,300,000

2023 diluted EPS $2.07 vs $3.32 (prior year includes $1.16 from exited midstream ops).
OG&E regulated utility contributed $2.12 diluted EPS in 2023 vs $2.19 in 2022.
2024 consolidated EPS guidance range $2.06-$2.18; midpoint $2.12.
Board approved Q2 dividend $0.4182/share, payable April 26, 2024 to holders of record April 8.
Net income $416.8M in 2023 vs $665.7M in 2022; core electric earnings stable.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

OGE ENERGY CORP. reported fourth quarter ended December 31, 2023 results: net income net income of $48.2 million, or $0.24 per diluted share, EPS $0.24 per diluted share.

Period: fourth quarter ended December 31, 2023
Net income: net income of $48.2 million, or $0.24 per diluted share
EPS: $0.24 per diluted share
Result: reported results

Exact text from the filing

For the three months ended December 31, 2023, OGE Energy reported net income of $48.2 million, or $0.24 per diluted share, compared with net income of $50.3 million, or $0.25 per diluted share, in same period of 2022.

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Earnings Releases SEC 8-K Item 2.02 confidence 0.95

OGE ENERGY CORP. reported 2024 fiscal year results: EPS $2.12 per average diluted share. Guidance reaffirmed.

Period: 2024 fiscal year
EPS: $2.12 per average diluted share
Guidance: reaffirmed
Result: guidance update

Exact text from the filing

The midpoint of OGE Energy’s consolidated earnings guidance for 2024 is $2.12 per average diluted share, within a range of $2.06 to $ 2.18 per average diluted share.

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Source: SEC EDGAR

accession 0000950170-24-017411

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