OGE · 10-Q · 2026Q1 · Full report

Integrated Market Revenue Growth

OGE ENERGY CORP. · 2026-04-29 · Importance 71 · Surprise 82

Integrated market (wholesale/market) operating revenues grew materially to $47.3 million in Q1 2026 from $21.3 million in Q1 2025, contributing significantly to year-over-year operating revenue variance. MWh sales in the integrated market also increased modestly to 0.3 million from 0.2 million. The increase reflects favorable market opportunities captured by OG&E in the SPP/wholesale market during the quarter. This shift partially offset weather-driven declines in retail quantity sales.

Key facts

Impact estimates

metricdirectionstageexpectedbasis
revenuepositiverealized+6.3%Integrated market revenue for OG&E for the three months ended March 31, 2026: $47.3 million.