OGE Energy (OGE) Reports In-Line Q4 EPS, Revenues Miss; Offers FY21 EPS Guidance Below Consensus
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OGE Energy Corp. reports earnings for 2020 and outlook for 2021
February 25, 2021 7:00 AM ESTOKLAHOMA CITY, Feb. 25, 2021 /PRNewswire/ -- OGE Energy Corp. (NYSE: OGE), the parent company of Oklahoma Gas and Electric Company ("OG&E"), and holder of 25.5 percent limited partner interest and 50 percent general partner interest in Enable Midstream Partners LP, today reported a loss of $0.87 per average diluted share in 2020, compared with reported and ongoing earnings of $2.16 per average diluted share in 2019.  OGE Energy's ongoing earnings for 2020 were $2.08 per share. Ongoing earnings is a non-GAAP financial measure utilized by OGE Energy to discuss financial results. Further discussion of ongoing earnings and... More
