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OGE Energy Corp. reports earnings for 2020 and outlook for 2021


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OKLAHOMA CITY, Feb. 25, 2021 /PRNewswire/  OGE Energy Corp. (NYSE: OGE), the parent company of Oklahoma Gas and Electric Company ( OG&E ), and holder of 25.5 percent limited partner interest and 50 percent general partner interest in Enable Midstream Partners LP, today reported a loss of $0.87 per average diluted share in 2020, compared with reported and ongoing earnings of $2.16 per average diluted share in 2019.  OGE Energy s ongoing earnings for 2020 were $2.08 per share. Ongoing earnings is a non-GAAP financial measure utilized by OGE Energy to discuss financial results. Further discussion of ongoing earnings and a reconciliation in accordance with GAAP is included below. ....

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