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Stock impact report

OGE Energy (OGE) Q4 Earnings Beat, Revenues Decline Y/Y [Yahoo! Finance]

OGE Energy Corp (OGE) 
Last oge energy corp earnings: 2/27 07:00 am Check Earnings Report
Company Research Source: Yahoo! Finance
figure declined 4% from 25 cents per share recorded in the year-ago quarter. For 2023, OGE reported earnings of $2.07 per share, a 37.7% decrease from $3.32 in 2022. Revenues OGE's operating revenues of $566.7 million declined 20.4% from $711.9 million recorded in the prior-year quarter. The top line also missed the Zacks Consensus Estimate of $717 million by 21%. For 2023, OGE reported operating revenues of $2.67 billion, declining 20.8% from $3.38 billion reported in 2022. OGE Energy Corporation Price, Consensus and EPS Surprise OGE Energy Corporation price-consensus-eps-surprise-chart | OGE Energy Corporation Quote Operational Highlights Total sales in the reported quarter were 6.8 million megawatt-hours (MWh), down from 7.1 MWh in the prior-year quarter. The company's customer count increased 0.8% to 896,102. During 2023, the cost of fuel, purchased power and direct transmission declined 45.2% to $911.7 million from $1,662.4 million in 2022. Total operating exp Show less Read more
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