OGE Energy Corp. reports earnings for 2020 and outlook for 2021
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OGE Energy (OGE) Reports In-Line Q4 EPS, Revenues Miss; Offers FY21 EPS Guidance Below Consensus
February 25, 2021 7:20 AM ESTOGE Energy (NYSE: OGE) reported Q4 EPS of $0.27, in-line with the analyst estimate of $0.27. Revenue for the quarter came in at $485.4 million versus the consensus estimate of $562.62 million.
OG&E, a regulated electric utility, contributed earnings of $1.70 per share in 2020, compared with earnings of $1.74 per share in 2019.Natural Gas Midstream Operations reported a loss in 2020 of $2.58 per share compared with reported and ongoing earnings of $0.41 per share in 2019. Natural Gas Midstream Operations' ongoing earnings for 2020 is $0.37.The holding company and other operations contributed earnings of $0.01 in 2020, compared with $0.01... More