OGE Energy: 4Q Earnings Snapshot
OKLAHOMA CITY (AP) _ OGE Energy Corp. (OGE) on Thursday reported fourth-quarter earnings of $54.7 million.
On a per-share basis, the Oklahoma City-based company said it had profit of 27 cents.
The results topped Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 24 cents per share.
The energy services company posted revenue of $511.8 million in the period.
For the year, the company reported profit of $425.5 million, or $2.12 per share. Revenue was reported as $2.27 billion.
OGE Energy shares have risen 7 percent since the beginning of the year. The stock has increased 34 percent in the last 12 months.