OGE Energy Corp.: Data Center Opportunities As a Significant Growth Catalyst!

OGE Energy Corp’s fourth-quarter results for 2024 illustrate a year of strong performance and robust growth driven by load increases and strategic investments. The consolidated earnings surpassed guidance, reporting $2.19 per share against the prior $2.12 expectation. The electric utility subsidiary, Oklahoma Gas and Electric Company (OG&E), achieved net income of $470 million or $2.33 per share, while the holding company experienced a loss due to higher interest expenses. Overall, the company recorded a net income of $442 million, marking an increase from the previous year.