OGE Energy

OverviewSuggest Edit

OGE Energy is an electric utility offering electricity generation, transmission, and distribution. It serves electric customers ranging from single residents to large industrial facilities. The company generates electricity from natural gas, low-sulfur coal, wind and solar.

TypePublic
Founded1902
HQOklahoma City, OK, USMap
Websiteoge.com
Employee Ratings3.3More
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Employees (est.) (Dec 2019)2,425(+6%)
Revenue (FY, 2019)$2.2 B(-1%)
Share Price (Jan 2021)$31.3 (+2%)
Cybersecurity ratingAMore

Key People/Management at OGE Energy

Sean Trauschke

Sean Trauschke

Chairman, President and Chief Executive Officer
Stephen Merrill

Stephen Merrill

Chief Financial Officer
William Sultemeier

William Sultemeier

General Counsel
Patricia Horn

Patricia Horn

Vice President Governance and Corporate Secretary
Sarah Stafford

Sarah Stafford

Controller and Chief Accounting Officer
Charles Walworth

Charles Walworth

Treasurer
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OGE Energy Office Locations

OGE Energy has an office in Oklahoma City
Show all (1)

OGE Energy Financials and Metrics

OGE Energy Revenue

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OGE Energy's revenue was reported to be $2.23 b in FY, 2019
USD

Revenue (Q3, 2020)

702.1m

Gross profit (Q3, 2020)

493.0m

Gross profit margin (Q3, 2020), %

70.2%

Net income (Q3, 2020)

177.4m

Market capitalization (15-Jan-2021)

6.3b

Closing stock price (15-Jan-2021)

31.3
OGE Energy's current market capitalization is $6.3 b.
Annual
USDFY, 2016FY, 2017FY, 2018FY, 2019

Revenue

2.3b2.3b2.3b2.2b

Revenue growth, %

3%0%0%

Cost of goods sold

880.1m897.6m892.5m786.9m

Gross profit

1.4b1.4b1.4b1.4b
Quarterly
USDQ1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Revenue

456.0m586.4m716.8m492.7m567.0m698.8m490.0m513.7m755.4m431.3m503.5m702.1m

Cost of goods sold

208.7m232.1m255.7m210.5m208.7m244.4m212.6m178.7m234.0m137.4m209.1m

Gross profit

247.3m354.3m461.1m282.2m358.3m454.4m277.4m335.0m521.4m366.1m493.0m

Gross profit Margin, %

54%60%64%57%63%65%57%65%69%73%70%
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Annual
USDFY, 2016FY, 2017FY, 2018FY, 2019

Cash

300.0k14.4m94.3m

Accounts Receivable

173.0m188.7m174.7m153.8m

Prepaid Expenses

24.4m

Inventories

161.5m165.1m184.3m46.3m
Quarterly
USDQ1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Cash

2.3m90.7m13.2m145.9m67.5m

Accounts Receivable

136.6m185.0m261.5m177.6m221.2m245.2m163.5m163.6m226.6m143.4m160.6m209.5m

Inventories

169.2m160.4m157.4m196.8m211.4m196.7m161.1m134.8m137.1m45.5m42.7m36.5m

Current Assets

538.1m632.5m599.8m493.5m560.8m642.0m454.1m455.6m549.1m522.5m488.5m
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Annual
USDFY, 2016FY, 2017FY, 2018FY, 2019

Net Income

338.2m619.0m425.5m433.6m

Depreciation and Amortization

322.6m283.5m321.6m

Inventories

32.4m(3.6m)27.3m4.2m

Accounts Payable

(45.1m)27.1m29.7m(34.5m)
Quarterly
USDQ1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Net Income

36.0m140.8m324.2m55.0m165.7m370.8m47.1m147.3m398.2m(491.8m)(405.9m)(228.5m)

Depreciation and Amortization

55.6m130.3m207.2m78.8m159.7m240.8m82.4m166.7m260.8m94.4m191.7m292.2m

Inventories

(7.7m)1.1m4.1m(12.2m)100.0k14.9m9.1m7.2m8.0m(1.5m)

Accounts Payable

24.9m1.3m(29.1m)(23.7m)(45.7m)(34.1m)(42.6m)(83.4m)(69.1m)(51.2m)(68.6m)
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USDFY, 2016

Revenue/Employee

921.0k

Debt/Equity

0.8 x

Debt/Assets

0.3 x

Financial Leverage

2.9 x
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OGE Energy Operating Metrics

FY, 2016FY, 2017FY, 2018

Communities

267 267 267

Service Area, sq. miles

30 k30 k30 k

Peak Demand, MW

6.54 k6.46 k6.86 k

Electricity Generated, MWh

21.40 m18.50 m18.20 m
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OGE Energy Acquisitions / Subsidiaries

Company NameDateDeal Size
OGE Enogex Holdings LLC
Oklahoma Gas and Electric Company

OGE Energy Revenue Breakdown

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OGE Energy revenue breakdown by business segment: 100.0% from Natural Gas Midstream Operations

OGE Energy Cybersecurity Score

Cybersecurity ratingPremium dataset

A

95/100

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OGE Energy Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

50-59

out of 100

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OGE Energy Online and Social Media Presence

OGE Energy's Trends

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OGE Energy Company Culture

  • CEO Rating

    A+

    80/100

  • Compensation

    A+

    100/100

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OGE Energy News and Updates

April 02, 2020

OGE Energy Corp. supports Enable's actions to strengthen balance sheet and improve liquidity

OKLAHOMA CITY, April 1, 2020 /PRNewswire/ -- OGE Energy Corp. (NYSE: OGE) announced today its support of the recent decision by Enable Midstream Partners, LP (NYSE: ENBL) to increase its annualized retained cash flow by approximately $450 million. OGE also reconfirmed the strength of its...

 OGE Energy Frequently Asked Questions

  • When was OGE Energy founded?

    OGE Energy was founded in 1902.

  • Who are OGE Energy key executives?

    OGE Energy's key executives are Sean Trauschke, Stephen Merrill and William Sultemeier.

  • How many employees does OGE Energy have?

    OGE Energy has 2,425 employees.

  • What is OGE Energy revenue?

    Latest OGE Energy annual revenue is $2.2 b.

  • What is OGE Energy revenue per employee?

    Latest OGE Energy revenue per employee is $920.2 k.

  • Who are OGE Energy competitors?

    Competitors of OGE Energy include AVANGRID, ONEOK and CenterPoint Energy.

  • Where are OGE Energy offices?

    OGE Energy has an office in Oklahoma City.

  • How many offices does OGE Energy have?

    OGE Energy has 1 office.