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OGE First-Quarter Revenue Declines to $653.4 Million

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-- OGE Energy Corp., the parent company of Oklahoma Gas and Electric Company, the largest electric utility in Oklahoma, reported Wednesday that OG&E's system sales revenue declined in the first quarter of 2026.

Total system sales revenue fell to $653.4 million, compared with $678.3 million in the same period a year earlier.

Residential revenue decreased to $260.4 million from $287.3 million. Commercial revenue, however, rose slightly to $212.0 million from $208.8 million.

Industrial revenue declined to $60.7 million from $62.2 million, while oilfield revenue edged down to $58.4 million from $59.2 million. Revenue from public authorities and street lighting increased modestly to $61.9 million, up from $60.8 million a year ago.

Fuel, purchased power, and direct transmission expenses rose to $336.7 million from $324.0 million in the first quarter of 2025.

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