OGE Energy (OGE) Tops Q4 EPS by 12c

Go back to OGE Energy (OGE) Tops Q4 EPS by 12c

OGE Energy Corp. reports earnings for 2015 and outlook for 2016

February 26, 2016 7:00 AM EST

OKLAHOMA CITY, Feb. 26, 2016 /PRNewswire/ -- OGE Energy Corp. (NYSE: OGE), the parent company of Oklahoma Gas and Electric Company ("OG&E"), and holder of 26.3 percent limited partner interest and 50 percent general partner interest in Enable Midstream Partners LP, today reported earnings of $1.36 per average diluted share in 2015, compared with earnings of $1.98 per average diluted share in 2014.  Earnings for 2015 include pension settlement and goodwill impairment charges at Enable Midstream of approximately $114 million pretax, or $0.35 per share after tax. Ongoing earnings, which exclude these non-cash charges, for 2015 were $1.71 per average diluted share compared to... More