OGE Energy (OGE) Misses Q4 EPS by 4c

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Go back to OGE Energy (OGE) Misses Q4 EPS by 4c

OGE Energy Corp. reports earnings for 2016 and outlook for 2017

February 23, 2017 7:00 AM EST

OKLAHOMA CITY, Feb. 23, 2017 /PRNewswire/ -- OGE Energy Corp. (NYSE: OGE), the parent company of Oklahoma Gas and Electric Company ("OG&E"), and holder of 25.7 percent limited partner interest and 50 percent general partner interest in Enable Midstream Partners LP, today reported earnings of $1.69 per average diluted share in 2016, compared with earnings of $1.36 per average diluted share in 2015.  

In 2016, OG&E, a regulated electric utility, reported net income of $284 million and contributed $1.42 per diluted share, compared with $269 million, or $1.35 per diluted share in 2015.  Enable Midstream issued cash distributions to OGE of approximately $141 million... More