OGE · 10-Q · 2026Q1 · Full report

Liquidity and Cash Position

OGE ENERGY CORP. · 2026-04-29 · Importance 81 · Surprise 64

Net cash provided by operating activities increased to $175.5 million in Q1 2026 from $15.9 million in Q1 2025, primarily due to increases in cash received from customers including fuel recoveries and customer connections.,OGE Energy reported net available liquidity of $667.2 million under revolving credit agreements, commercial paper capacity and letters of credit at March 31, 2026, while cash and cash equivalents on hand were $0.2 million.,Management states it expects cash from operations, existing borrowing capacity and market access to be sufficient to meet short- and long-term cash requirements.

Key facts

• Net cash provided from financing activities decreased $166.3 million, or 60.7 percent, year-over-year for the three months ended March 31, 2026.
• Net cash used in investing activities for OGE Energy for the three months ended March 31, 2026: $(283.3) million versus $(263.7) million in 2025.
• Net cash provided from financing activities for OGE Energy for the three months ended March 31, 2026: $107.8 million versus $274.1 million in 2025.
• Net available liquidity under revolving credit agreements, commercial paper borrowings and letters of credit at March 31, 2026: $667.2 million.
• Net cash used in investing activities increased (more cash used) by $19.6 million, or 7.4 percent, year-over-year for the three months ended March 31, 2026.
• Balance of cash and cash equivalents at March 31, 2026: $0.2 million.
• OGE Energy expects to meet cash needs through a combination of cash generated from operations, short-term borrowings (bank borrowings and commercial paper) and permanent financings.
• OGE Energy believes cash flows from operations, existing borrowing capacity, and access to debt and equity capital markets should be sufficient to satisfy material cash requirements over the short-term and long-term.

Impact estimates