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Breakout Momentum Plays You Need to Know AboutOGE Energy NYSE: OGE reported second-quarter 2026 consolidated net income of approximately $116 million, or $0.56 per diluted share, compared with $108 million, or $0.53 per share, in the same quarter a year earlier. The company reaffirmed its full-year consolidated earnings guidance of $2.38 to $2.48 per share, with a midpoint of $2.43.

Chairman, President and CEO Sean Trauschke said the company is advancing regulatory filings, capacity additions and customer negotiations intended to support growing electricity demand while protecting existing customers from added costs.

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Quarterly Results and Demand Trends Chief Financial Officer Chuck Walworth said the company’s electric utility business generated net income of about $120 million, or $0.58 per diluted share, up from $108 million, or $0.53 per share, a year earlier. The increase was primarily driven by warmer second-quarter weather and lower depreciation and interest expense on assets placed in service, partly offset by higher operations and maintenance expense.

The holding company recorded a loss of approximately $4 million, or $0.02 per diluted share, compared with a loss of less than $1 million in the prior-year period. Walworth attributed the larger loss primarily to higher interest expense and the absence of a one-time benefit tied to legacy midstream operations that was recognized in 2025.

Walworth said stronger weather during the second quarter offset part of the weather-related headwind experienced in the first quarter. He added that nearly 70% of expected annual earnings remain ahead of the company.

The utility continues to see customer growth of approximately 1% and strong demand across its service territory. However, two existing large customers shifted portions of their planned ramp schedules, moving a combined couple hundred megawatts of load later into the year. Walworth said the customers are already online and that their commitments remain in place.

OGE set a new all-time peak demand record of more than 6,800 megawatts during the prior week, exceeding the previous record set in August 2024 by roughly 180 megawatts, Walworth said.

Large-Load Tariff and Customer Protections Trauschke highlighted the company’s May 1 filing of a special contract with Google in Oklahoma, which now has a procedural schedule. He said OGE expects the matter to move toward resolution before the end of 2026.

On June 17, the company filed an Oklahoma large-load tariff for customers requiring more than 75 MW. The filing is aligned with recently enacted state legislation and is designed to facilitate economic development and load growth while protecting existing customers, according to Trauschke.

The proposed tariff includes several requirements for large-load customers:

Upfront funding of 100% of grid connection costs. A minimum 15-year commitment. Minimum billing and collateral requirements. Early-termination and capacity-reduction fees. A consumer-protection charge intended to provide a regulatory backstop if future impacts emerge for existing customers. Trauschke said the company’s proposed customer affordability charge could provide residential customers with $25 million to $30 million annually for a typical 1-gigawatt data center. He said OGE believes high-demand customers can reduce costs for all customers when they connect under a regulated utility model.

During the question-and-answer session, Trauschke said the company remains engaged in six or seven active large-load customer negotiations. He said the tariff filing provides prospective customers with greater clarity on how large-load service would operate in Oklahoma.

Capacity, Generation and Transmission Plans OGE expects a proposed order for its Frontier Energy Storage Project from Commissioner Bingman’s office to be adopted soon, Trauschke said. The company expects to add 550 MW of capacity in 2026 through the Horseshoe Lake and Tinker projects, followed by another 300 MW next year from the Frontier Energy Storage Project.

Horseshoe Lake units 13, 14 and 29 are expected to add another 450 MW. Trauschke said OGE has historically added roughly 300 MW to 400 MW of capacity per year but will need to increase that pace to meet system demand.

The company expects to make multiple generation-related filings through the remainder of 2026 as it completes evaluations and negotiations associated with its request-for-proposals process. Trauschke said a filing could occur during the current quarter.

He also said more stringent accreditation standards for new renewable resources within the Southwest Power Pool may favor thermal generation in the company’s pending RFP evaluations, given the importance of the dollar cost of accredited capacity.

OGE plans to file an Oklahoma rate review during the third quarter. Trauschke said that case will focus on distribution additions, substations and normal system expansion and will not include generation capacity. He said Horseshoe Lake units 13 and 14 are being addressed through a separate preapproval process.

Financing and Transmission Outlook Walworth said OGE has completed all planned financing activities for 2026 and continues to target funds from operations-to-debt of approximately 17% over its planning horizon. He said the company has multiple tools available to support its capital structure, including potential construction-work-in-progress financing for large transmission projects.

The company is monitoring Southwest Power Pool notices to construct, which are currently expected in the fourth quarter. Regarding the proposed Seminole-to-Shreveport transmission line, Trauschke said OGE would provide more information on costs, routing, construction timing, investment schedules and financing needs after receiving a notice to construct and confirming those details with the regional transmission organization.

Management said capital spending, earnings outlook and financing updates are likely to be provided incrementally as projects receive approvals, rather than in one comprehensive announcement.

About OGE Energy (NYSE:OGE)OGE Energy Corp. NYSE: OGE is an energy and infrastructure holding company headquartered in Oklahoma City, Oklahoma. Through its principal subsidiary, Oklahoma Gas & Electric Company, the company provides regulated electric service to residential, commercial and industrial customers across Oklahoma and western Arkansas. Its diversified generation mix includes coal, natural gas and wind-powered facilities, complemented by ongoing investments in grid modernization and smart technology to enhance reliability and customer satisfaction.

In addition to its core electric utility operations, OGE Energy Corp.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to [email protected].

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, /PRNewswire/ -- OGE Energy Corp. (NYSE: OGE), the parent company of Oklahoma Gas and Electric Company ("OG&E"), today reported earnings of $0.56 per diluted share during the three months that ended June 30, 2026, compared to $0.53 per diluted share in the second quarter 2025.

OG&E, a regulated electric company, contributed earnings of $0.58 per diluted share in the second quarter, compared to earnings of $0.53 per diluted share in the second quarter 2025. Other operations, which includes the holding company, contributed a loss of $0.02 per diluted share compared to breakeven results in the second quarter of 2025. "Our second-quarter results reflect the strength of our business and the disciplined execution of our team as we advance investments that support reliable, affordable service for customers," said Sean Trauschke, Chairman, President, and CEO of OGE Energy Corp. "We are making significant progress on initiatives that position OG&E for incremental growth while maintaining a strong focus on protecting existing customers as we prepare to serve new large-load opportunities and support economic development."

Second Quarter 2026 results

OG&E contributed net income of $120.1 million, or $0.58 per diluted share, in the second quarter compared to $107.7 million, or $0.53 per diluted share, in the same period 2025. The increase in net income was primarily due to increased recovery of capital investments and lower interest expense, partially offset by increased operation and maintenance expenses.

Other Operations resulted in a loss of $3.8 million, or $0.02 per diluted share, in the second quarter compared to a loss of $0.2 million, in the same period 2025. The increased loss was primarily due to higher interest expense and a one-time benefit related to legacy midstream operations recognized in 2025, which was partially offset by increased other income.

OGE Energy's net income was $116.3 million or $0.56 per diluted share in the second quarter, compared to earnings of $107.5 million, or $0.53 per diluted share, in the same period 2025.

2026 Outlook 
OGE Energy's 2026 consolidated earnings guidance remains unchanged and is projected to be $2.43 per average diluted share, within a range of $2.38 to $2.48 per average diluted share. The guidance assumes, among other things, normal weather for the remainder of the year. OG&E has significant seasonality in its earnings due to weather on a year-over-year basis.

See OGE Energy's 2025 Form 10-K for other key factors and assumptions underlying its 2026 guidance.

Conference Call Webcast
OGE Energy Corp. will host an earnings and business update conference call on Wednesday, July 29, 2026, at 8 a.m. CDT. The conference will be available through the Investor Center at www.oge.com.

Some of the matters discussed in this news release may contain forward looking statements that are subject to certain risks, uncertainties and assumptions. Such forward-looking statements are intended to be identified in this document by the words "anticipate," "believe," "estimate," "expect," "forecast," "intend," "objective," "plan," "possible," "potential," "project," "target" and similar expressions. Actual results may vary materially. Factors that could cause actual results to differ materially from the forward-looking statements include, but are not limited to: general economic conditions, including the availability of credit, access to existing lines of credit, access to the commercial paper markets, actions of rating agencies and inflation rates, and their impact on capital expenditures; the ability of the Company to access the capital markets and obtain financing on favorable terms, as well as inflation rates and monetary fluctuations; the ability to obtain timely and sufficient rate relief to allow for recovery of items such as capital expenditures, fuel and purchased power costs, operating costs, transmission costs and deferred expenditures; prices and availability of electricity, coal and natural gas; competitive factors, including the extent and timing of the entry of additional competition in the markets served by the Company, potentially through deregulation; the impact on demand for the Company's services resulting from cost-competitive advances in technology, such as distributed electricity generation and customer energy efficiency programs; technological developments, changing markets and other factors that result in competitive disadvantages and create the potential for impairment of existing assets; factors affecting utility operations such as unusual weather conditions; catastrophic weather-related damage; unscheduled generation outages; unusual maintenance or repairs; unanticipated changes to fossil fuel, natural gas or coal supply costs or availability due to higher demand, shortages, transportation problems or other developments; environmental incidents; or electric transmission or gas pipeline system constraints; availability and prices of raw materials and equipment for current and future construction projects; the effect of retroactive pricing of transactions in the SPP markets, adjustments in market pricing mechanisms by the SPP, or allocation of transmission upgrade costs; federal or state legislation and regulatory decisions and initiatives that affect cost and investment recovery, have an impact on rate structures or affect the speed and degree to which competition enters the Company's markets; environmental laws, safety laws or other regulations that may impact the cost of operations, restrict or change the way the Company's facilities are operated or result in stranded assets; the ability of the Company to meet future capacity requirements mandated by the SPP, which could be impacted by future load growth, environmental regulations, and the availability of resources; changes in accounting standards, rules or guidelines; the discontinuance of accounting principles for certain types of rate-regulated activities; the cost of protecting assets against, or damage due to, terrorism or cyberattacks, including the Company losing control of its assets and potential ransoms, and other catastrophic events; the availability, cost, coverage and terms of insurance; changes in the use, perception or regulation of generative artificial intelligence technologies, which could limit the Company's ability to utilize such technology, create risk of enhanced regulatory scrutiny, generate uncertainty around intellectual property ownership, licensing or use, or which could otherwise result in risk of damage to the Company's business, reputation or financial results; creditworthiness of suppliers, customers and other contractual parties, including large, new customers from industries such as cryptocurrency and data centers; social attitudes regarding the electric utility and power industries; identification of suitable investment opportunities to enhance shareholder returns and achieve long-term financial objectives through business acquisitions and divestitures; increased pension and healthcare costs; national and global events that could adversely affect and/or exacerbate macroeconomic conditions, including inflationary pressures, interest rate fluctuations, supply chain disruptions, economic recessions, pandemic health events, tariffs and uncertainty surrounding continued hostilities or sustained military campaigns, and their collateral consequences; costs and other effects of legal and administrative proceedings, settlements, investigations, claims and matters, including, but not limited to, those described in the Company's Form 10-Q for the quarter ended June 30, 2026; and other risk factors listed in the reports filed by the Company with the Securities and Exchange Commission, including those listed within the Company's most recent Form 10-K for the year ended December 31, 2025.

Note: Condensed Consolidated Statements of Income for OGE Energy Corp., Condensed Statements of Income and Comprehensive Income for Oklahoma Gas & Electric Company, and Financial and Statistical Data for Oklahoma Gas & Electric Company attached.

OGE ENERGY CORP.
CONDENSED CONSOLIDATED STATEMENTS OF INCOME
(Unaudited)

Three Months Ended

Six Months Ended

June 30,

June 30,

(In millions, except per share data)

2026

2025

2026

2025

OPERATING REVENUES

Revenues from contracts with customers

$

688.0

$

719.7

$

1,424.7

$

1,460.8

Other revenues

23.9

21.9

39.8

28.5

Operating revenues

711.9

741.6

1,464.5

1,489.3

FUEL, PURCHASED POWER AND DIRECT TRANSMISSION EXPENSE

217.7

261.1

554.4

585.1

OPERATING EXPENSES

Other operation and maintenance

138.7

127.1

275.2

248.9

Depreciation and amortization

138.1

140.6

274.5

278.0

Taxes other than income

25.8

26.2

55.7

57.4

Operating expenses

302.6

293.9

605.4

584.3

OPERATING INCOME

191.6

186.6

304.7

319.9

OTHER INCOME (EXPENSE)

Allowance for equity funds used during construction

7.3

6.0

14.8

13.0

Other net periodic benefit expense

(2.6)

(2.9)

(5.2)

(5.5)

Other income

15.3

17.2

28.9

24.2

Other expense

(7.1)

(5.2)

(19.4)

(9.7)

Net other income

12.9

15.1

19.1

22.0

INTEREST EXPENSE

Interest on long-term debt

71.6

66.6

137.9

128.0

Allowance for borrowed funds used during construction

(3.4)

(3.7)

(7.0)

(8.2)

Interest on short-term debt and other interest charges

(1.5)

9.3

(4.3)

19.7

Interest expense

66.7

72.2

126.6

139.5

INCOME BEFORE TAXES

137.8

129.5

197.2

202.4

INCOME TAX EXPENSE

21.5

22.0

30.7

32.2

NET INCOME

$

116.3

$

107.5

$

166.5

$

170.2

BASIC AVERAGE COMMON SHARES OUTSTANDING

206.5

201.3

206.4

201.3

DILUTED AVERAGE COMMON SHARES OUTSTANDING

207.8

202.1

207.5

202.0

BASIC EARNINGS PER AVERAGE COMMON SHARE

$

0.56

$

0.53

$

0.81

$

0.85

DILUTED EARNINGS PER AVERAGE COMMON SHARE

$

0.56

$

0.53

$

0.80

$

0.84

OKLAHOMA GAS AND ELECTRIC COMPANY
CONDENSED STATEMENTS OF INCOME AND COMPREHENSIVE INCOME
(Unaudited)

Three Months Ended

Six Months Ended

June 30,

June 30,

(In millions)

2026

2025

2026

2025

OPERATING REVENUES

Revenues from contracts with customers

$

688.0

$

719.7

$

1,424.7

$

1,460.8

Other revenues

23.9

21.9

39.8

28.5

Operating revenues

711.9

741.6

1,464.5

1,489.3

FUEL, PURCHASED POWER AND DIRECT TRANSMISSION EXPENSE

217.7

261.1

554.4

585.1

OPERATING EXPENSES

Other operation and maintenance

138.6

126.3

275.4

248.1

Depreciation and amortization

138.1

140.6

274.5

278.0

Taxes other than income

25.8

26.2

55.7

57.4

Operating expenses

302.5

293.1

605.6

583.5

OPERATING INCOME

191.7

187.4

304.5

320.7

OTHER INCOME (EXPENSE)

Allowance for equity funds used during construction

7.3

6.0

14.8

13.0

Other net periodic benefit expense

(2.5)

(2.6)

(5.0)

(5.1)

Other income

6.4

4.1

9.1

9.4

Other expense

(0.6)

(0.5)

(1.4)

(1.4)

Net other income

10.6

7.0

17.5

15.9

INTEREST EXPENSE

Interest on long-term debt

65.9

60.8

126.5

116.4

Allowance for borrowed funds used during construction

(3.4)

(3.7)

(7.0)

(8.2)

Interest on short-term debt and other interest charges

(4.1)

6.3

(11.1)

12.0

Interest expense

58.4

63.4

108.4

120.2

INCOME BEFORE TAXES

143.9

131.0

213.6

216.4

INCOME TAX EXPENSE

23.8

23.3

35.6

37.7

NET INCOME

$

120.1

$

107.7

$

178.0

$

178.7

Other comprehensive income, net of tax

—

—

—

—

COMPREHENSIVE INCOME

$

120.1

$

107.7

$

178.0

$

178.7

OKLAHOMA GAS AND ELECTRIC COMPANY
FINANCIAL AND STATISTICAL DATA

Three Months Ended

Six Months Ended

June 30,

June 30,

(Dollars in millions)

2026

2025

2026

2025

Operating revenues by classification:

Residential

$

261.1

$

261.0

$

521.5

$

548.3

Commercial

215.6

225.9

427.6

434.7

Industrial

56.5

60.2

117.2

122.4

Oilfield

49.3

53.2

107.7

112.4

Public authorities and street light

62.3

64.5

124.2

125.3

System sales revenues

644.8

664.8

1,298.2

1,343.1

Provision for rate refund

—

—

—

3.0

Integrated market

27.4

26.3

74.7

47.6

Transmission

30.5

42.1

71.2

81.9

Other

9.2

8.4

20.4

13.7

Total operating revenues

$

711.9

$

741.6

$

1,464.5

$

1,489.3

MWh sales by classification (In millions)

Residential

2.3

2.1

4.4

4.6

Commercial

3.3

3.1

6.1

5.8

Industrial

1.0

1.0

2.0

2.0

Oilfield

1.1

1.0

2.2

2.1

Public authorities and street light

0.7

0.7

1.4

1.4

System sales

8.4

7.9

16.1

15.9

Integrated market

0.4

0.2

0.7

0.4

Total sales

8.8

8.1

16.8

16.3

Number of customers

917,157

909,131

917,157

909,131

Weighted-average cost of energy per kilowatt-hour (In cents)

Natural gas

3.438

3.498

5.173

4.265

Coal

2.662

2.761

2.620

2.751

Total fuel

3.086

3.120

4.208

3.508

Total fuel and purchased power

2.406

3.076

3.179

3.437

Degree days (A)

Heating - Actual

127

156

1,510

2,056

Heating - Normal

250

250

2,139

2,139

Cooling - Actual

772

579

864

598

Cooling - Normal

553

553

563

563

(A) Degree days are calculated as follows: The high and low degrees of a particular day are added together and then averaged. If the calculated average is above 65 degrees, then the difference between the calculated average and 65 is expressed as cooling degree days, with each degree of difference equaling one cooling degree day. If the calculated average is below 65 degrees, then the difference between the calculated average and 65 is expressed as heating degree days, with each degree of difference equaling one heating degree day. The daily calculations are then totaled for the particular reporting period. The calculation of heating and cooling degree normal days is based on a 30-year average and weighted on a jurisdictional split.

SOURCE OGE Energy Corp.

OGE Energy (OGE - Free Report) is expected to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended June 2026. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.

The earnings report, which is expected to be released on July 29, might help the stock move higher if these key numbers are better than expectations. On the other hand, if they miss, the stock may move lower.

While management's discussion of business conditions on the earnings call will mostly determine the sustainability of the immediate price change and future earnings expectations, it's worth having a handicapping insight into the odds of a positive EPS surprise.

Zacks Consensus EstimateThis energy services company is expected to post quarterly earnings of $0.59 per share in its upcoming report, which represents a year-over-year change of +11.3%.

Revenues are expected to be $781.11 million, up 5.3% from the year-ago quarter.

Estimate Revisions TrendThe consensus EPS estimate for the quarter has been revised 9% higher over the last 30 days to the current level. This is essentially a reflection of how the covering analysts have collectively reassessed their initial estimates over this period.

Investors should keep in mind that an aggregate change may not always reflect the direction of estimate revisions by each of the covering analysts.

Price, Consensus and EPS Surprise

Earnings WhisperEstimate revisions ahead of a company's earnings release offer clues to the business conditions for the period whose results are coming out. Our proprietary surprise prediction model -- the Zacks Earnings ESP (Expected Surprise Prediction) -- has this insight at its core.

The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a more recent version of the Zacks Consensus EPS estimate. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier.

Thus, a positive or negative Earnings ESP reading theoretically indicates the likely deviation of the actual earnings from the consensus estimate. However, the model's predictive power is significant for positive ESP readings only.

A positive Earnings ESP is a strong predictor of an earnings beat, particularly when combined with a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold). Our research shows that stocks with this combination produce a positive surprise nearly 70% of the time, and a solid Zacks Rank actually increases the predictive power of Earnings ESP.

Please note that a negative Earnings ESP reading is not indicative of an earnings miss. Our research shows that it is difficult to predict an earnings beat with any degree of confidence for stocks with negative Earnings ESP readings and/or Zacks Rank of 4 (Sell) or 5 (Strong Sell).

How Have the Numbers Shaped Up for OGE Energy?For OGE Energy, the Most Accurate Estimate is the same as the Zacks Consensus Estimate, suggesting that there are no recent analyst views which differ from what have been considered to derive the consensus estimate. This has resulted in an Earnings ESP of 0%.

On the other hand, the stock currently carries a Zacks Rank of #2.

So, this combination makes it difficult to conclusively predict that OGE Energy will beat the consensus EPS estimate.

Does Earnings Surprise History Hold Any Clue?While calculating estimates for a company's future earnings, analysts often consider to what extent it has been able to match past consensus estimates. So, it's worth taking a look at the surprise history for gauging its influence on the upcoming number.

For the last reported quarter, it was expected that OGE Energy would post earnings of $0.24 per share when it actually produced earnings of $0.24, delivering no surprise.

Over the last four quarters, the company has beaten consensus EPS estimates just once.

Bottom LineAn earnings beat or miss may not be the sole basis for a stock moving higher or lower. Many stocks end up losing ground despite an earnings beat due to other factors that disappoint investors. Similarly, unforeseen catalysts help a number of stocks gain despite an earnings miss.

That said, betting on stocks that are expected to beat earnings expectations does increase the odds of success. This is why it's worth checking a company's Earnings ESP and Zacks Rank ahead of its quarterly release. Make sure to utilize our Earnings ESP Filter to uncover the best stocks to buy or sell before they've reported.

OGE Energy doesn't appear a compelling earnings-beat candidate. However, investors should pay attention to other factors too for betting on this stock or staying away from it ahead of its earnings release.

Expected Results of an Industry PlayerAmong the stocks in the Zacks Utility - Electric Power industry, CenterPoint Energy (CNP - Free Report) , is soon expected to post earnings of $0.36 per share for the quarter ended June 2026. This estimate indicates a year-over-year change of +24.1%. This quarter's revenue is expected to be $2.11 billion, up 8.4% from the year-ago quarter.

Over the last 30 days, the consensus EPS estimate for CenterPoint has been revised 0.5% down to the current level. Nevertheless, the company now has an Earnings ESP of +0.83%, reflecting a higher Most Accurate Estimate.

This Earnings ESP, combined with its Zacks Rank #3 (Hold), suggests that CenterPoint will most likely beat the consensus EPS estimate. Over the last four quarters, the company surpassed EPS estimates just once.

Stay on top of upcoming earnings announcements with the Zacks Earnings Calendar.

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As mentioned above, the Scores are designed to work with the Zacks Rank, so any change to a company's earnings outlook should be a deciding factor when picking which stocks to buy.

Here's an example: a stock with a #4 (Sell) or #5 (Strong Sell) rating, even one with Style Scores of A and B, still has a downward-trending earnings outlook, and a bigger chance its share price will decrease too.

Thus, the more stocks you own with a #1 or #2 Rank and Scores of A or B, the better.

Stock to Watch: OGE Energy (OGE - Free Report) Incorporated in 1995, Oklahoma City, OK-based OGE Energy Corp. provides electricity in Oklahoma and western Arkansas. It is the parent company of Oklahoma Gas and Electric Company ("OG&E"), which is the largest electric utility in Oklahoma and its franchised service territory is the Fort Smith, AR area. OG&E sold its retail natural gas business in 1928 and is no longer engaged in the natural gas distribution business. As of Dec 31, 2025, the company's generation portfolio represents a balanced approach to generating electricity through a range of fuels —57% natural gas, 34% coal and 9% renewable energy.

OGE is a #3 (Hold) on the Zacks Rank, with a VGM Score of B.

Momentum investors should take note of this Utilities stock. OGE has a Momentum Style Score of A, and shares are up 3% over the past four weeks.

One analyst revised their earnings estimate upwards in the last 60 days for fiscal 2026. The Zacks Consensus Estimate has increased $0.01 to $2.43 per share. OGE boasts an average earnings surprise of +1.2%.

With a solid Zacks Rank and top-tier Momentum and VGM Style Scores, OGE should be on investors' short list.

It doesn't matter your age or experience: taking full advantage of the stock market and investing with confidence are common goals for all investors. Luckily, Zacks Premium offers several different ways to do both.

Featuring daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, the research service can help you become a smarter, more self-assured investor.

It also includes access to the Zacks Style Scores.

What are the Zacks Style Scores? The Zacks Style Scores is a unique set of guidelines that rates stocks based on three popular investing types, and were developed as complementary indicators for the Zacks Rank. This combination helps investors choose securities with the highest chances of beating the market over the next 30 days.

Based on their value, growth, and momentum characteristics, each stock is assigned a rating of A, B, C, D, or F. The better the score, the better chance the stock will outperform; an A is better than a B, a B is better than a C, and so on.

The Style Scores are broken down into four categories:

Value ScoreValue investors love finding good stocks at good prices, especially before the broader market catches on to a stock's true value. Utilizing ratios like P/E, PEG, Price/Sales, Price/Cash Flow, and many other multiples, the Value Style Score identifies the most attractive and most discounted stocks.

Growth ScoreGrowth investors are more concerned with a stock's future prospects, and the overall financial health and strength of a company. Thus, the Growth Style Score analyzes characteristics like projected and historic earnings, sales, and cash flow to find stocks that will see sustainable growth over time.

Momentum ScoreMomentum traders and investors live by the saying "the trend is your friend." This investing style is all about taking advantage of upward or downward trends in a stock's price or earnings outlook. Employing factors like one-week price change and the monthly percentage change in earnings estimates, the Momentum Style Score can indicate favorable times to build a position in high-momentum stocks.

VGM ScoreIf you want a combination of all three Style Scores, then the VGM Score will be your friend. It rates each stock on their combined weighted styles, helping you find the companies with the most attractive value, best growth forecast, and most promising momentum. It's also one of the best indicators to use with the Zacks Rank.

How Style Scores Work with the Zacks Rank A proprietary stock-rating model, the Zacks Rank utilizes the power of earnings estimate revisions, or changes to a company's earnings outlook, to help investors create a successful portfolio.

It's highly successful, with #1 (Strong Buy) stocks producing an unmatched +24% average annual return since 1988. That's more than double the S&P 500. But because of the large number of stocks we rate, there are over 200 companies with a Strong Buy rank, plus another 600 with a #2 (Buy) rank, on any given day.

With more than 800 top-rated stocks to choose from, it can certainly feel overwhelming to pick the ones that are right for you and your investing journey.

That's where the Style Scores come in.

You want to make sure you're buying stocks with the highest likelihood of success, and to do that, you'll need to pick stocks with a Zacks Rank #1 or #2 that also have Style Scores of A or B. If you like a stock that only has a #3 (Hold) rank, it should also have Scores of A or B to guarantee as much upside potential as possible.

Since the Scores were created to work together with the Zacks Rank, the direction of a stock's earnings estimate revisions should be a key factor when choosing which stocks to buy.

Here's an example: a stock with a #4 (Sell) or #5 (Strong Sell) rating, even one with Style Scores of A and B, still has a downward-trending earnings outlook, and a bigger chance its share price will decrease too.

Thus, the more stocks you own with a #1 or #2 Rank and Scores of A or B, the better.

Stock to Watch: OGE Energy (OGE - Free Report) Incorporated in 1995, Oklahoma City, OK-based OGE Energy Corp. provides electricity in Oklahoma and western Arkansas. It is the parent company of Oklahoma Gas and Electric Company ("OG&E"), which is the largest electric utility in Oklahoma and its franchised service territory is the Fort Smith, AR area. OG&E sold its retail natural gas business in 1928 and is no longer engaged in the natural gas distribution business. As of Dec 31, 2025, the company's generation portfolio represents a balanced approach to generating electricity through a range of fuels —57% natural gas, 34% coal and 9% renewable energy.

OGE is a #3 (Hold) on the Zacks Rank, with a VGM Score of B.

Momentum investors should take note of this Utilities stock. OGE has a Momentum Style Score of A, and shares are up 3.3% over the past four weeks.

One analyst revised their earnings estimate higher in the last 60 days for fiscal 2026, while the Zacks Consensus Estimate has increased $0.01 to $2.43 per share. OGE also boasts an average earnings surprise of +1.2%.

With a solid Zacks Rank and top-tier Momentum and VGM Style Scores, OGE should be on investors' short list.

Dimensional Fund Advisors LP increased its position in shares of OGE Energy Corporation (NYSE: OGE) by 1.4% during the undefined quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 2,613,959 shares of the utilities provider's stock after purchasing an additional 35,162 shares during the

Investors with an interest in Utility - Electric Power stocks have likely encountered both PG&E (PCG) and OGE Energy (OGE). But which of these two stocks presents investors with the better value opportunity right now?

OKLAHOMA CITY, March 30, 2026 /PRNewswire/ -- OGE Energy Corp. (NYSE: OGE) will hold its quarterly earnings and business update conference call at 9 a.m. Eastern Time (8 a.m. Central Time), Wednesday, April 29, 2026.

This call is being webcast by Notified and can be accessed at OGE Energy's website at www.oge.com.

SOURCE OGE Energy Corp.

Posted by Defense World Staff on Apr 27th, 2026

OGE Energy (NYSE:OGE – Get Free Report) is anticipated to release its Q1 2026 results before the market opens on Wednesday, April 29th. Analysts expect the company to announce earnings of $0.3672 per share and revenue of $604.51 million for the quarter. Parties are encouraged to explore the company’s upcoming Q1 2026 earning overview page for the latest details on the call scheduled for Wednesday, April 29, 2026 at 9:00 AM ET.

OGE Energy (NYSE:OGE – Get Free Report) last posted its quarterly earnings results on Tuesday, February 17th. The utilities provider reported $0.33 earnings per share for the quarter, topping analysts’ consensus estimates of $0.30 by $0.03. OGE Energy had a return on equity of 9.89% and a net margin of 14.44%.The business had revenue of $725.80 million for the quarter, compared to the consensus estimate of $277.80 million. During the same period in the prior year, the business earned $0.50 EPS. The firm’s revenue for the quarter was down 4.6% on a year-over-year basis. On average, analysts expect OGE Energy to post $2 EPS for the current fiscal year and $3 EPS for the next fiscal year.

OGE Energy Trading Down 0.0% Shares of OGE Energy stock opened at $47.10 on Monday. The stock has a market capitalization of $9.72 billion, a PE ratio of 20.39, a price-to-earnings-growth ratio of 3.48 and a beta of 0.59. OGE Energy has a 52 week low of $41.69 and a 52 week high of $50.13. The stock has a 50 day moving average price of $47.96 and a two-hundred day moving average price of $45.50. The company has a debt-to-equity ratio of 1.08, a quick ratio of 0.49 and a current ratio of 0.78.

OGE Energy Dividend Announcement The firm also recently declared a quarterly dividend, which was paid on Friday, April 24th. Investors of record on Monday, April 6th were given a $0.425 dividend. The ex-dividend date of this dividend was Monday, April 6th. This represents a $1.70 annualized dividend and a yield of 3.6%. OGE Energy’s dividend payout ratio (DPR) is presently 73.59%.

Insider Buying and Selling at OGE Energy In other OGE Energy news, CAO Sarah R. Stafford sold 6,130 shares of OGE Energy stock in a transaction on Tuesday, February 24th. The shares were sold at an average price of $47.77, for a total transaction of $292,830.10. Following the transaction, the chief accounting officer directly owned 28,559 shares of the company’s stock, valued at $1,364,263.43. The trade was a 17.67% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Lyle G. Ganske bought 10,420 shares of OGE Energy stock in a transaction dated Monday, February 23rd. The stock was purchased at an average price of $47.99 per share, with a total value of $500,055.80. Following the purchase, the director owned 10,420 shares in the company, valued at approximately $500,055.80. This represents a ∞ increase in their ownership of the stock. The SEC filing for this purchase provides additional information. 0.57% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On OGE Energy A number of institutional investors have recently added to or reduced their stakes in OGE. State Street Corp lifted its position in shares of OGE Energy by 1.8% during the 4th quarter. State Street Corp now owns 6,713,937 shares of the utilities provider’s stock worth $286,685,000 after buying an additional 117,977 shares in the last quarter. Boston Partners grew its holdings in shares of OGE Energy by 0.5% in the third quarter. Boston Partners now owns 6,279,360 shares of the utilities provider’s stock valued at $290,530,000 after acquiring an additional 31,138 shares in the last quarter. Morgan Stanley grew its holdings in shares of OGE Energy by 103.2% in the fourth quarter. Morgan Stanley now owns 4,628,210 shares of the utilities provider’s stock valued at $197,625,000 after acquiring an additional 2,350,574 shares in the last quarter. Dimensional Fund Advisors LP increased its position in shares of OGE Energy by 1.9% during the fourth quarter. Dimensional Fund Advisors LP now owns 2,663,778 shares of the utilities provider’s stock valued at $113,747,000 after acquiring an additional 49,819 shares during the last quarter. Finally, First Trust Advisors LP increased its position in shares of OGE Energy by 4.7% during the fourth quarter. First Trust Advisors LP now owns 2,560,486 shares of the utilities provider’s stock valued at $109,333,000 after acquiring an additional 115,496 shares during the last quarter. 71.84% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth A number of analysts have commented on the stock. Barclays boosted their price target on shares of OGE Energy from $49.00 to $51.00 and gave the company an “overweight” rating in a research note on Monday, April 20th. Wall Street Zen cut shares of OGE Energy from a “hold” rating to a “sell” rating in a report on Saturday, April 18th. Royal Bank Of Canada reissued a “sector perform” rating on shares of OGE Energy in a research report on Friday, January 23rd. BMO Capital Markets started coverage on shares of OGE Energy in a report on Tuesday, January 13th. They issued a “market perform” rating and a $45.00 target price on the stock. Finally, JPMorgan Chase & Co. started coverage on shares of OGE Energy in a research report on Friday, March 20th. They issued an “overweight” rating and a $52.00 price target on the stock. Four equities research analysts have rated the stock with a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, OGE Energy presently has an average rating of “Hold” and a consensus target price of $48.50.

Check Out Our Latest Analysis on OGE Energy

OGE Energy Company Profile (Get Free Report)

OGE Energy Corp. (NYSE:OGE) is an energy and infrastructure holding company headquartered in Oklahoma City, Oklahoma. Through its principal subsidiary, Oklahoma Gas & Electric Company, the company provides regulated electric service to residential, commercial and industrial customers across Oklahoma and western Arkansas. Its diversified generation mix includes coal, natural gas and wind-powered facilities, complemented by ongoing investments in grid modernization and smart technology to enhance reliability and customer satisfaction.

In addition to its core electric utility operations, OGE Energy Corp.

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OGE Energy Corp. (OGE) Q1 2026 Earnings Call Transcript

OG&E, a unit of OGE Energy , said ​on Thursday it will supply electricity to ‌three new Google data centers in Oklahoma announced last year to support grid stability.

Investors with an interest in Utility - Electric Power stocks have likely encountered both PG&E (PCG - Free Report) and OGE Energy (OGE - Free Report) . But which of these two companies is the best option for those looking for undervalued stocks? Let's take a closer look.

We have found that the best way to discover great value opportunities is to pair a strong Zacks Rank with a great grade in the Value category of our Style Scores system. The proven Zacks Rank puts an emphasis on earnings estimates and estimate revisions, while our Style Scores work to identify stocks with specific traits.

PG&E and OGE Energy are sporting Zacks Ranks of #2 (Buy) and #3 (Hold), respectively, right now. Investors should feel comfortable knowing that PCG likely has seen a stronger improvement to its earnings outlook than OGE has recently. But this is only part of the picture for value investors.

Value investors also try to analyze a wide range of traditional figures and metrics to help determine whether a company is undervalued at its current share price levels.

Our Value category highlights undervalued companies by looking at a variety of key metrics, including the popular P/E ratio, as well as the P/S ratio, earnings yield, cash flow per share, and a variety of other fundamentals that have been used by value investors for years.

PCG currently has a forward P/E ratio of 10.09, while OGE has a forward P/E of 20.15. We also note that PCG has a PEG ratio of 0.63. This figure is similar to the commonly-used P/E ratio, with the PEG ratio also factoring in a company's expected earnings growth rate. OGE currently has a PEG ratio of 3.62.

Another notable valuation metric for PCG is its P/B ratio of 1.4. The P/B ratio pits a stock's market value against its book value, which is defined as total assets minus total liabilities. For comparison, OGE has a P/B of 2.04.

These are just a few of the metrics contributing to PCG's Value grade of A and OGE's Value grade of C.

PCG stands above OGE thanks to its solid earnings outlook, and based on these valuation figures, we also feel that PCG is the superior value option right now.

Investors with an interest in Utility - Electric Power stocks have likely encountered both PG&E (PCG - Free Report) and OGE Energy (OGE - Free Report) . But which of these two companies is the best option for those looking for undervalued stocks? Let's take a closer look.

We have found that the best way to discover great value opportunities is to pair a strong Zacks Rank with a great grade in the Value category of our Style Scores system. The Zacks Rank is a proven strategy that targets companies with positive earnings estimate revision trends, while our Style Scores work to grade companies based on specific traits.

PG&E has a Zacks Rank of #2 (Buy), while OGE Energy has a Zacks Rank of #3 (Hold) right now. The Zacks Rank favors stocks that have recently seen positive revisions to their earnings estimates, so investors should rest assured that PCG has an improving earnings outlook. However, value investors will care about much more than just this.

Value investors also try to analyze a wide range of traditional figures and metrics to help determine whether a company is undervalued at its current share price levels.

Our Value category grades stocks based on a number of key metrics, including the tried-and-true P/E ratio, the P/S ratio, earnings yield, and cash flow per share, as well as a variety of other fundamentals that value investors frequently use.

PCG currently has a forward P/E ratio of 9.78, while OGE has a forward P/E of 19.09. We also note that PCG has a PEG ratio of 0.62. This popular figure is similar to the widely-used P/E ratio, but the PEG ratio also considers a company's expected EPS growth rate. OGE currently has a PEG ratio of 3.43.

Another notable valuation metric for PCG is its P/B ratio of 1.35. Investors use the P/B ratio to look at a stock's market value versus its book value, which is defined as total assets minus total liabilities. By comparison, OGE has a P/B of 1.93.

These are just a few of the metrics contributing to PCG's Value grade of A and OGE's Value grade of C.

PCG sticks out from OGE in both our Zacks Rank and Style Scores models, so value investors will likely feel that PCG is the better option right now.

Investors interested in stocks from the Utility - Electric Power sector have probably already heard of PG&E (PCG) and OGE Energy (OGE). But which of these two stocks is more attractive to value investors?