Alva Review-Courier -

OGE Energy: 2Q Earnings Snapshot

 

August 7, 2020



OKLAHOMA CITY (AP) _ OGE Energy Corp. (OGE) on Thursday reported second-quarter profit of $85.9 million.

The Oklahoma City-based company said it had profit of 43 cents per share. Earnings, adjusted for non-recurring costs, came to 51 cents per share.

The energy services company posted revenue of $503.5 million in the period.

OGE Energy expects full-year earnings in the range of $2.08 to $2.18 per share.

OGE Energy shares have decreased 28% since the beginning of the year. The stock has fallen 23% in the last 12 months.

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