Oklahoma Gas & Electric Co
OG&E generates, transmits, distributes and sells electric energy in Oklahoma and western Arkansas. OG&E furnishes retail electric service in 267 communities and their contiguous rural and suburban areas. The service area covers 30,000 square miles in Oklahoma and western Arkansas including Oklahoma City, the largest city in Oklahoma, and Fort Smith, Arkansas, the second largest city in that state. Of the 267 communities that OG&E serves, 241 are located in Oklahoma, and 26 are in Arkansas. OG&E derived 92 percent of its total electric operating revenues in 2018 from sales in Oklahoma and the remainder from sales in Arkansas. OG&E does not currently serve wholesale customers in either state.
Company profile
Employees
Incorporated in
Location
Fiscal year end
Industry (SEC)
SEC CIK
Corporate docs
Calendar
7 Nov 19
7 Dec 19
31 Dec 19
News
Company financial data Financial data
| Quarter (USD) | Sep 19 | Jun 19 | Mar 19 | Dec 18 | |
|---|---|---|---|---|---|
| Revenue | 755.4M | 513.7M | 490M | 511.8M | |
| Net income | 227.2M | 74.5M | 19.6M | 20.8M | |
| Net profit margin | 30.08% | 14.50% | 4.00% | 4.06% | |
| Operating income | 275M | 110.6M | 50.3M | 58.5M | |
| Net change in cash | NaN | NaN | NaN | NaN | |
| Cash on hand | 13.2M | NaN | 0 | NaN | |
| Cost of revenue | 234M | 178.7M | 212.6M | 228.9M |
| Annual (USD) | Dec 18 | Dec 17 | Dec 16 | Dec 15 | |
|---|---|---|---|---|---|
| Revenue | 2.27B | 2.26B | 2.26B | ||
| Net income | 328M | 305.5M | 284.1M | 268.9M | |
| Net profit margin | 14.45% | 13.51% | 12.58% | ||
| Operating income | 494.2M | 528M | 527.5M | 516.4M | |
| Net change in cash | NaN | NaN | 0 | 0 | |
| Cash on hand | NaN | NaN | 0 | 0 | |
| Cost of revenue | 892.5M | 897.6M | 880.1M |
Financial data from company earnings reports
Financial report summary
?Management Discussion
- OG&E's net income increased $43.3 million, or 23.5 percent, and $14.1 million, or 4.6 percent, during the three and nine months ended September 30, 2019, respectively, as compared to the same periods in 2018. Primary drivers of the increases in net income are further discussed below.
- Gross margin increased $67.0 million, or 14.7 percent, and $38.9 million, or 3.6 percent, during the three and nine months ended September 30, 2019, respectively, as compared to the same periods in 2018. The below factors contributed to the changes in gross margin.
- Cost of sales for OG&E consists of fuel used in electric generation, purchased power and transmission related charges. The actual cost of fuel used in electric generation and certain purchased power costs are passed through to OG&E's customers through fuel adjustment clauses. The fuel adjustment clauses are subject to periodic review by the OCC and the APSC. OG&E's cost of sales decreased $10.4 million, or 4.3 percent, and $38.3 million, or 5.8 percent, during the three and nine months ended September 30, 2019, respectively, as compared to the same periods in 2018. The below factors contributed to the changes in cost of sales.
Content analysis
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New words:
approach, closure, deterioration, experience, extinguish, Frontier, insulation, line, manner, shown, summer, temporarily, typically, view
Financial reports
10-Q
2019 Q3
Quarterly report
7 Nov 19
10-Q
2019 Q2
Quarterly report
8 Aug 19
10-Q
2019 Q1
Quarterly report
2 May 19
10-K
2018 FY
Annual report
21 Feb 19
10-Q
2018 Q3
Quarterly report
8 Nov 18
10-Q
2018 Q2
Quarterly report
9 Aug 18
10-Q
2018 Q1
Quarterly report
3 May 18
10-K
2017 FY
Annual report
22 Feb 18
10-Q
2017 Q3
Quarterly report
2 Nov 17
10-Q
2017 Q2
Quarterly report
3 Aug 17
Current reports
8-K
OGE Energy Corp. reports third quarter results
7 Nov 19
8-K
Other Events
23 Sep 19
8-K
Results of Operations and Financial Condition
8 Aug 19
8-K
Other Events
7 Jun 19
8-K
Other Events
30 May 19
8-K
Results of Operations and Financial Condition
2 May 19
8-K
Results of Operations and Financial Condition
21 Feb 19
8-K
Results of Operations and Financial Condition
8 Nov 18
8-K
Other Events
17 Aug 18
8-K
Results of Operations and Financial Condition
9 Aug 18
Registration and prospectus
424B2
Prospectus for primary offering
5 Jun 19
FWP
Free writing prospectus
4 Jun 19
424B5
Prospectus supplement for primary offering
4 Jun 19
424B2
Prospectus for primary offering
15 Aug 18
FWP
Free writing prospectus
14 Aug 18
424B5
Prospectus supplement for primary offering
14 Aug 18
S-3ASR
Automatic shelf registration
18 May 18
424B2
Prospectus for primary offering
9 Aug 17
424B5
Prospectus supplement for primary offering
8 Aug 17
FWP
Free writing prospectus
8 Aug 17