OGE Energy Q2 EPS $0.36 vs $0.56 YoY; utility OG&E earnings rise, midstream loss drags

OGE ENERGY CORP.

2022-Q2 EPS reported $1.76 revenue$1,393,000,000

EPS $0.36 per diluted share vs $0.56 in Q2 2021; net income $73.1M.
OG&E contributed $0.50 per share, up from $0.42, on favorable weather and rate recovery.
Natural gas midstream loss $0.09 per share vs income $0.16, from $39.6M pre-tax loss on Energy Transfer.
Sold 73.3M Energy Transfer units through July for ~$813M net; ownership now <1%.
OG&E 2022 earnings guidance unchanged at $375M-$395M ($1.87-$1.97/share), expects top half.

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