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Recent Updates — OGE

August 3, 2026View Source ↗

OGE Energy Corp.'s Board of Directors elected Richard (Rick) E. Muncrief as a new director effective August 1, 2026. His term expires at the Annual Meeting on May 13, 2027, and he will serve on the Nominating, Corporate Governance and Stewardship Committee and the Audit Committee. Mr. Muncrief is the retired President and CEO of Devon Energy and currently serves on the board of Williams Companies. OGE Energy Corp. operates in the utility industry as the parent company of Oklahoma Gas and Electric Company, a regulated electric provider serving approximately 917,000 customers.

July 28, 2026View Source ↗

OGE Energy Corp. reported second quarter 2026 consolidated net income of $116.3 million, or $0.56 per diluted share, compared to $107.5 million, or $0.53 per diluted share, in the same period last year. Regulated subsidiary Oklahoma Gas and Electric Company contributed earnings of $0.58 per diluted share on net income of $120.1 million, driven by increased recovery of capital investments and lower interest expense, partially offset by higher operation and maintenance costs. Other operations reported a loss of $3.8 million due to elevated interest expenses and the absence of a one-time benefit recognized in 2025. The company maintained its full-year 2026 earnings guidance at $2.43 per average diluted share, within a range of $2.38 to $2.48. OGE Energy Corp. operates as the parent company of a regulated electric utility serving approximately 917,000 customers in Oklahoma and western Arkansas.

June 15, 2026View Source ↗

OGE Energy Corp. and its subsidiary, Oklahoma Gas and Electric Company, entered into a second amended and restated credit agreement on June 12, 2026, providing for an unsecured five-year revolving credit facility of $650 million each. The facilities are scheduled to terminate on June 12, 2031, with the option to two one-year extensions. Interest rates for OGE Energy's facility is SOFR plus 0.80% to 1.475%, or an alternate base rate plus 0.0% to 0.475%. OG&E's facility interest rates are SOFR or an alternate base rate plus a margin of 0.69% to 1.275% or 0.0% to 0.275%. OGE Energy Corp. operates in the energy utility sector, providing electricity and gas services.