OGE · 10-Q · 2026Q1 · Full report

Moody's Rating Outlook

OGE ENERGY CORP. · 2026-04-29 · Importance 47 · Surprise 60

On April 20, 2026 Moody's revised its ratings outlook on OGE Energy and OG&E to stable from negative. Moody's stated the outlook stabilization reflects an expectation that the companies will maintain adequate financial metrics over the next few years consistent with current rating levels. OG&E noted that rating downgrades could increase borrowing costs and could require posting collateral if ratings fell below investment grade. The company highlighted that rating actions could affect short- and long-term borrowing costs but would not, by themselves, cause defaults or accelerations under current arrangements.