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8 Aug 19
23 Oct 19
31 Dec 19

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Company financial data Financial data

Quarter (USD) Jun 19 Mar 19 Dec 18 Sep 18
Revenue 513.7M 490M 511.8M 698.8M
Net income 74.5M 19.6M 20.8M 183.9M
Net profit margin 14.50% 4.00% 4.06% 26.32%
Operating income 110.6M 50.3M 58.5M 230.3M
Net change in cash NaN NaN NaN NaN
Cash on hand NaN 0 NaN 0
Cost of revenue 178.7M 212.6M 228.9M 244.4M
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

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Management Discussion
  • OG&E's net income decreased $17.5 million, or 19.0 percent, and $29.2 million, or 23.7 percent, during the three and six months ended June 30, 2019, respectively, as compared to the same periods in 2018. The decrease during the three months ended June 30, 2019 was primarily due to lower gross margin, higher depreciation and amortization expense and higher other operation and maintenance expense, partially offset by lower income tax expense and lower interest expense. The decrease during the six months ended June 30, 2019 was primarily due to lower gross margin, lower allowance for equity funds used during construction, higher other operation and maintenance expense and higher depreciation and amortization expense, partially offset by lower interest expense, lower other net periodic benefit expense and lower income tax expense.
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