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 Ratings3.8More
Overall CultureBMore
View Jobs (19)

Recent NewsAll News

Latest Updates

Employees (est.) (Dec 2019)2,425(+6%)
Job Openings19
Revenue (FY, 2020)$2.1 B(-4%)
Share Price (Jul 2021)$33.8
Cybersecurity ratingAMore

Key People/Management at OGE Energy

Sean Trauschke

Sean Trauschke

Chairman, President and Chief Executive Officer
William Sultemeier

William Sultemeier

General Counsel
Sarah Stafford

Sarah Stafford

Controller and Chief Accounting Officer
Charles Walworth

Charles Walworth

Treasurer
Keith Mitchell

Keith Mitchell

Chief Operating Officer
Donnie Jones

Donnie Jones

Vice President Power Supply Operations
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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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View revenue for all periods
OGE Energy's revenue was reported to be $2.12 b in FY, 2020
USD

Revenue (Q1, 2021)

1.6b

Gross profit (Q1, 2021)

283.8m

Gross profit margin (Q1, 2021), %

17.4%

Net income (Q1, 2021)

52.7m

EBIT (Q1, 2021)

48.6m

Market capitalization (30-Jul-2021)

6.8b

Closing stock price (30-Jul-2021)

33.8

EV

8.4b
OGE Energy's current market capitalization is $6.8 b.
Annual
USDFY, 2016FY, 2017FY, 2018FY, 2019FY, 2020

Revenue

2.3b2.3b2.3b2.2b2.1b

Revenue growth, %

3%0%0%

Cost of goods sold

880.1m897.6m892.5m786.9m644.6m

Gross profit

1.4b1.4b1.4b1.4b1.5b
Quarterly
USDQ1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021

Revenue

456.0m586.4m716.8m492.7m567.0m698.8m490.0m513.7m755.4m431.3m503.5m702.1m1.6b

Cost of goods sold

208.7m232.1m255.7m210.5m208.7m244.4m212.6m178.7m234.0m137.4m209.1m1.3b

Gross profit

247.3m354.3m461.1m282.2m358.3m454.4m277.4m335.0m521.4m366.1m493.0m283.8m

Gross profit Margin, %

54%60%64%57%63%65%57%65%69%73%70%17%
show all
Annual
USDFY, 2016FY, 2017FY, 2018FY, 2019FY, 2020

Cash

300.0k14.4m94.3m1.1m

Accounts Receivable

173.0m188.7m174.7m153.8m157.8m

Prepaid Expenses

24.4m

Inventories

161.5m165.1m184.3m46.3m36.5m
Quarterly
USDQ1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021

Cash

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

Accounts Receivable

136.6m185.0m261.5m177.6m221.2m245.2m163.5m163.6m226.6m143.4m160.6m209.5m139.5m

Inventories

169.2m160.4m157.4m196.8m211.4m196.7m161.1m134.8m137.1m45.5m42.7m36.5m39.4m

Current Assets

538.1m632.5m599.8m493.5m560.8m642.0m454.1m455.6m549.1m522.5m488.5m502.7m
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Annual
USDFY, 2016FY, 2017FY, 2018FY, 2019FY, 2020

Net Income

338.2m619.0m425.5m433.6m(173.7m)

Depreciation and Amortization

322.6m283.5m321.6m391.3m

Inventories

32.4m(3.6m)27.3m4.2m(8.9m)

Accounts Payable

(45.1m)27.1m29.7m(34.5m)59.8m
Quarterly
USDQ1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021

Net Income

36.0m140.8m324.2m55.0m165.7m370.8m47.1m147.3m398.2m(491.8m)(405.9m)(228.5m)52.7m

Depreciation and Amortization

55.6m130.3m207.2m78.8m159.7m240.8m82.4m166.7m260.8m94.4m191.7m292.2m98.7m

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)(28.7m)
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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
Show all financial metrics

OGE Energy Operating Metrics

FY, 2016FY, 2017FY, 2018

Communities

267267267

Service Area, sq. miles

30 k30 k30 k

Peak Demand, MW

6.54 k6.46 k6.86 k

Electricity Generated, MWh

21.4 m18.5 m18.2 m
Show all operating metrics

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

  • Overall Culture

    B

    71/100

  • CEO Rating

    C+

    68/100

  • Compensation

    B+

    77/100

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OGE Energy News and Updates

February 25, 2021

OGE Energy Corp. reports earnings for 2020 and outlook for 2021

OKLAHOMA CITY, Feb. 25, 2021 /PRNewswire/ -- OGE Energy Corp. (NYSE: OGE), the parent company of Oklahoma Gas and Electric Company ("OG&E"), and holder of 25.5 percent limited partner interest and 50 percent general partner interest in Enable Midstream Partners LP, today reported a loss...
February 17, 2021

OGE Energy Corp. sets path to becoming a pure-play electric utility with the proposed merger between Energy Transfer LP and Enable Midstream Partners LP

OKLAHOMA CITY, Feb. 16, 2021 /PRNewswire/ -- OGE Energy Corp. (NYSE: OGE), the parent company of Oklahoma Gas and Electric Company ("OG&E"), and holder of 25.5 percent limited partner interest and 50 percent general partner interest in Enable Midstream Partners LP (NYSE: ENBL), today...
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, William Sultemeier and Sarah Stafford.

  • How many employees does OGE Energy have?

    OGE Energy has 2,425 employees.

  • What is OGE Energy revenue?

    Latest OGE Energy annual revenue is $2.1 b.

  • What is OGE Energy revenue per employee?

    Latest OGE Energy revenue per employee is $875.2 k.

  • Who are OGE Energy competitors?

    Competitors of OGE Energy include Spire, AVANGRID and ONEOK.

  • 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.