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OGE Operating Expense Rise in Q2

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OGE Energy (OGE), the parent company of Oklahoma Gas and Electric Company, reported Wednesday that Q2 2026 operating expenses rose to $302.6 million from $293.9 million for the same quarter in 2025.

Fuel, purchased power, and direct transmission expenses declined to $217.7 million from $261.1 million in the second quarter of 2025. Meanwhile, other operation and maintenance expenses increased to $138.7 million from $127.1 million.

Depreciation and amortization expenses fell to $138.1 million from $140.6 million in the year-ago quarter, while taxes other than income edged down to $25.8 million from $26.2 million.

Price: $48.16, Change: $-1.15, Percent Change: -2.32%

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