# OGE Energy Lifts Earnings Outlook After Warmer Weather Boosts Sales

The utility parent reported quarterly net income of $316.2 million, up from $231.3 million.

By Will Langan | 24X7 News
Published: 2026-10-28T14:10:14.601Z
Updated: 2026-10-28T14:10:14.601Z
Section: Business
Format: News
Canonical: https://24x7news.us/articles/oge-energy-third-quarter-results-october-28-2026

OGE Energy raised its annual earnings outlook on October 28 after warmer weather helped lift electricity sales and quarterly profit, according to its results release.

Net income reached $316.2 million, or $1.52 per diluted share, for the quarter ended September 30. The company earned $231.3 million, or $1.14 per share, in the corresponding 2025 period.

Oklahoma Gas and Electric, its regulated utility subsidiary, contributed $320.9 million in net income, compared with $242.9 million a year earlier. OGE attributed the improvement to stronger sales during significantly warmer weather, partially offset by higher income tax expense.

Other operations, including the holding company, recorded a $4.7 million loss, narrower than the $11.6 million loss a year earlier. The company cited higher income from energy-related investments and lower interest expense.

OGE now expects consolidated 2026 earnings of $2.62–$2.68 per diluted share, exceeding its original guidance range. The projection assumes normal weather for the rest of the year.

The company emphasized that weather causes significant seasonal variation in utility earnings. The updated outlook remains management's forecast.

Sources: OGE Energy third-quarter results release.

## Sources
- OGE Energy Third-Quarter 2026 Results: https://www.prnewswire.com/news-releases/oge-energy-corp-reports-third-quarter-2026-results-302921314.html