OGE Energy Corp

Good day, and thank you for standing by. Welcome to OGE Energy Corporation 2026 First Quarter Earnings and Business Call Update. At this time, all participants are in listen-only mode. After the speaker's presentation, there will be a question and answer session. To ask a question during the session, you will need to press star 11 on your telephone. You will then hear an automated message advising your hand is raised. To withdraw your question, please press star 11 again. Please be advised that today's conference is being recorded. I would now like to hand the conference over to your first speaker today, Casey Strange, Investor Relations Senior Manager.

Thank you, Stephanie, and good morning, everyone, and welcome to our call. With me today, I have Sean Trosky, our Chairman, President, and CEO, and Chuck Walworth, our CFO. In terms of the call today, we will first hear from Sean, followed by an explanation from Chuck of financial results. And finally, as always, we will answer your questions. I would like to remind you that this conference is being webcast and you may follow along at OGE.com. In addition, the conference call and accompanying slides will be archived following the call on that same website. Before we begin the presentation, I would like to direct your attention to the Safe Harbor Statement regarding forward-looking statements. This is an SEC requirement for financial statements and simply states that we cannot guarantee forward-looking financial results, but this is our best estimate to date. I will now turn the caller to Sean for his opening remarks. Sean.

Thank you, Casey. Good morning, everyone. Thank you for joining us on today's call. This morning, we reported consolidated earnings of $0.24 per share, and the first quarter typically represents approximately 10% of our company's earnings for the year. Even with milder weather in the first quarter, we remain confident in our 2026 guidance and in the foundation we're building for 2027 and beyond. Chuck will discuss the first quarter financial results in more detail shortly. Looking forward, our planned actions for the remainder of 2026 are setting the course for the rest of this decade. I'm pleased to let you know in the coming days we will file long-term special contracts with Google to serve multiple previously announced data centers in Oklahoma with the Oklahoma Corporation Commission. Google is the customer previously referred to as Customer X, and their expected load and ramp rate is consistent with our 2026 IRP. We work closely with Google to ensure broad customer protections, including minimum charges. Google will also pay 100% of the cost to connect to the grid and its fair share to power the data center sites. We've also secured capacity from two solar facilities currently under construction. We look forward to creating similar opportunity for communities in the future as we leverage our low electric rates to drive investment and foster economic growth for many years to come. As discussed last quarter, we are continuing to add generation to a thoughtful, measured approach. We commissioned the 98 megawatt Tinker power plant in February. and expect 450 megawatts of new CTs at Horseshoe Lake to come online in the fourth quarter, while also breaking ground on two additional 450 megawatt units. And we're still advancing the 300 megawatt Frontier Energy Storage Project, so including the aforementioned capacity agreements, this 1.7 gigawatts of capacity strengthens our system today and positions us well for continued growth ahead. These investments reflect a disciplined strategy to support customer growth while maintaining reliability and competitive rates. Continuing on the regulatory front, 2026 remains an active year. In Oklahoma, we are finalizing a standalone large load tariff and expect to file it with the Oklahoma Corporation Commission no later than July 1st, providing a clear, durable regulatory path for future large load activities. We continue to prepare for a rate review filing later this year with new rates anticipated in 27. In August, we expect preapproval of the Frontier Energy Storage Project. And as projects emerging from the RFP process are selected and negotiated, we also expect to seek preapprovals on a rolling basis rather than waiting for the full portfolio projects to be complete. and we anticipate filing for these pre-approvals throughout the balance of this year. In October, we expect to complete the acceptance of the notices to construct on directly assigned SPP transmission projects. So taken together, these investments underscore a deliberate, forward-looking strategy to support customer growth and demand. The actions we are taking this year establish a clear foundation for the remainder of the decade while leveraging our low rates as a significant competitive advantage. With respect to competitive dynamics, we continue to believe our in-state pricing is a meaningful advantage in driving new business that we will protect. Importantly, we have not seen the type of price escalation some have pointed to in other markets, and we have the customer protections, oversight, and regulatory framework in place to ensure it does not develop that way here. Last quarter, I updated you on recognition the company and our team received for our culture, and today I can add another one to that list. In addition to being named a top workplace in Oklahoma, we were recently named a national top workplace by USA Today. We operate in a highly competitive labor market, and it's fulfilling to see our people, our culture, drive results, innovation, and belonging. I couldn't be more proud to work alongside my outstanding colleagues Their commitment to our purpose is evident every day and continues to drive excellence. And our commitment to making Oklahoma and Arkansas better places to live, work, and play drives us to our North Star of delivering reliable electricity at low cost. Again, the steps we're taking in 26 will set the stage that drives our future success. So with that, thank you. I'll now turn the call over to Chuck. Chuck?