earnings
confidence high
sentiment positive
materiality 0.80
OGE Energy reports 2021 EPS of $3.68 vs loss of $0.87; guides 2022 OG&E EPS $1.87-$1.97
OGE ENERGY CORP.
2021-FY EPS reported
$3.68
revenue$3,653,700,000
- FY2021 diluted EPS $3.68, compared to net loss of $0.87 in 2020; includes $1.32 gain on Enable merger.
- OG&E utility net income $360M ($1.80/share) vs $339M ($1.70) in 2020; driven by 2.4% load growth.
- 2022 OG&E EPS guidance midpoint $1.92, range $1.87-$1.97; long-term utility EPS growth 5%-7%.
- Board declares Q2 dividend $0.41/share, payable April 29, 2022 to holders of record April 11, 2022.
- Q4 2021 net income $319M ($1.59/share) vs $55M ($0.27) in Q4 2020, primarily due to Enable merger gain.