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OGE Energy Corp. reports second quarter 2026 results OKLAHOMA CITY - OGE Energy Corp. ( NYSE : OGE ) Exhibit 99.01 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 .