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Complete financial analysis of OGE Energy Corp. (OGE) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of OGE Energy Corp., a leading company in the Regulated Electric industry within the Utilities sector.
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OGE Energy Corp. (OGE)
About OGE Energy Corp.
OGE Energy Corp., together with its subsidiaries, operates as an energy and energy services provider that offers physical delivery and related services for electricity, natural gas, crude oil, and natural gas liquids in the United States. The company generates, transmits, distributes, and sells electric energy. It provides retail electric service to approximately 879,000 customers, which covers a service area of approximately 30,000 square miles in Oklahoma and western Arkansas; and owns and operates coal-fired, natural gas-fired, wind-powered, and solar-powered generating assets. As of December 31, 2021, the company owned and operated interconnected electric generation, transmission, and distribution systems, including 16 generating stations with an aggregate capability of 7,207 megawatts; and transmission systems comprising 54 substations and 5,122 structure miles of lines in Oklahoma, and 7 substations and 277 structure miles of lines in Arkansas. Its distribution systems included 350 substations; 29,494 structure miles of overhead lines; 3,365 miles of underground conduit; and 11,125 miles of underground conductors in Oklahoma, as well as 29 substations, 2,795 structure miles of overhead lines, 349 miles of underground conduit, and 662 miles of underground conductors in Arkansas. The company was founded in 1902 and is based in Oklahoma City, Oklahoma.
| Metric | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 | 2000 | 1999 | 1998 | 1997 | 1996 | 1995 | 1994 | 1993 | 1992 | 1991 | 1990 | 1989 | 1988 | 1987 | 1986 | 1985 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 2.67B | 3.38B | 3.65B | 2.12B | 2.23B | 2.27B | 2.26B | 2.26B | 2.20B | 2.45B | 2.87B | 3.67B | 3.92B | 3.72B | 2.87B | 4.07B | 3.80B | 4.01B | 5.95B | 4.93B | 3.78B | 3.02B | 3.18B | 3.30B | 2.17B | 1.62B | 1.47B | 1.39B | 1.30B | 1.36B | 1.45B | 1.32B | 1.31B | 1.23B | 1.14B | 1.10B | 1.06B | 1.09B | 1.08B |
| Cost of Revenue | 1.41B | 2.16B | 2.59B | 1.11B | 1.28B | 1.37B | 1.38B | 1.35B | 1.32B | 1.55B | 1.92B | 2.52B | 2.28B | 2.19B | 1.56B | 2.82B | 2.63B | 2.90B | 4.96B | 0.00 | 2.85B | 0.00 | 0.00 | 2.17B | 1.23B | 772.10M | 701.80M | 618.50M | 564.30M | 606.00M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | 1.26B | 1.21B | 1.06B | 1.01B | 952.90M | 903.20M | 883.20M | 913.50M | 880.30M | 906.90M | 949.60M | 1.15B | 1.64B | 1.53B | 1.31B | 1.25B | 1.16B | 1.10B | 985.10M | 4.93B | 933.00M | 3.02B | 3.18B | 1.13B | 941.60M | 845.70M | 770.50M | 768.90M | 737.80M | 749.20M | 1.45B | 1.32B | 1.31B | 1.23B | 1.14B | 1.10B | 1.06B | 1.09B | 1.08B |
| Gross Profit Ratio | 47.12% | 35.90% | 29.09% | 47.82% | 42.70% | 39.78% | 39.06% | 40.43% | 40.07% | 36.97% | 33.11% | 31.35% | 41.83% | 41.15% | 45.72% | 30.77% | 30.62% | 27.54% | 16.56% | 100.00% | 24.69% | 100.00% | 100.00% | 34.13% | 43.34% | 52.27% | 52.33% | 55.42% | 56.66% | 55.28% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% |
| Research & Development | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| General & Administrative | 0.00 | 0.00 | 0.00 | 0.00 | 9.80M | 10.80M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Selling & Marketing | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| SG&A | 5.60M | 501.40M | 463.10M | 462.80M | 9.80M | 10.80M | 458.70M | 465.60M | 451.60M | 0.00 | 0.00 | 7.50M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Expenses | 604.20M | 562.40M | 515.30M | 490.80M | 436.00M | -12.50M | 32.30M | 9.10M | 12.70M | 3.40M | 9.60M | 500.00K | 985.00M | 935.60M | 817.00M | 790.60M | 707.60M | 670.40M | 654.60M | 4.61B | 626.10M | 2.79B | 2.90B | 775.88M | 603.40M | 506.10M | 502.10M | 489.50M | 466.80M | 476.60M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Operating Expenses | 609.80M | 562.40M | 515.30M | 490.80M | 445.80M | 401.90M | 354.90M | 402.70M | 394.90M | 367.70M | 396.10M | 481.20M | 985.00M | 935.60M | 817.00M | 790.60M | 707.60M | 670.40M | 654.60M | 4.61B | 626.10M | 2.79B | 2.90B | 775.88M | 603.40M | 506.10M | 502.10M | 489.50M | 466.80M | 476.60M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Cost & Expenses | 2.02B | 2.73B | 3.11B | 1.60B | 1.72B | 1.77B | 1.73B | 1.75B | 1.71B | 1.91B | 2.31B | 3.00B | 3.26B | 3.12B | 2.37B | 3.61B | 3.34B | 3.57B | 5.62B | 4.61B | 3.47B | 2.79B | 2.90B | 2.95B | 1.83B | 1.28B | 1.20B | 1.11B | 1.03B | 1.08B | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest Income | 0.00 | 170.30M | 161.80M | 160.40M | 150.70M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 600.00K | 500.00K | 0.00 | 1.40M | 6.70M | 2.10M | 6.20M | 3.50M | 5.20M | 1.30M | 1.70M | 4.40M | 3.79M | 0.00 | 3.60M | 0.00 | 2.20M | 4.40M | 3.40M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest Expense | 228.50M | 166.30M | 161.80M | 160.40M | 150.70M | 167.70M | 161.80M | 149.60M | 153.20M | 150.80M | 147.50M | 164.10M | 151.30M | 139.70M | 137.40M | 120.00M | 90.20M | 96.00M | 92.50M | 97.80M | 98.50M | 111.70M | 127.24M | 132.66M | 0.00 | 71.80M | 0.00 | 68.70M | 78.90M | 75.60M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Depreciation & Amortization | 506.60M | 460.90M | 416.00M | 391.30M | 355.00M | 321.60M | 283.50M | 322.60M | 307.90M | 281.40M | 298.60M | 374.80M | 307.10M | 292.40M | 262.60M | 217.50M | 195.30M | 181.40M | 186.10M | 178.60M | 176.90M | 182.50M | 181.22M | 176.14M | 161.70M | 147.60M | 141.40M | 138.20M | 135.70M | 132.00M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| EBITDA | 1.20B | 1.42B | 1.45B | 248.70M | 966.30M | 975.30M | 997.00M | 951.00M | 825.60M | 998.10M | 973.60M | 1.05B | 972.30M | 893.50M | 782.20M | 670.10M | 650.60M | 614.10M | 505.00M | 469.50M | 474.80M | 418.20M | 452.12M | 525.97M | 499.90M | 487.20M | 409.80M | 417.60M | 406.70M | 404.60M | 1.45B | 1.32B | 1.31B | 1.23B | 1.14B | 1.10B | 1.06B | 1.09B | 1.08B |
| EBITDA Ratio | 44.91% | 41.76% | 39.67% | 11.58% | 43.22% | 42.43% | 43.13% | 41.80% | 37.39% | 40.63% | 33.60% | 28.48% | 24.46% | 23.85% | 26.45% | 17.09% | 17.30% | 15.34% | 8.78% | 9.94% | 12.83% | 13.86% | 14.49% | 15.87% | 23.01% | 30.11% | 27.83% | 30.10% | 31.23% | 29.86% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% |
| Operating Income | 650.20M | 948.70M | 1.03B | -145.50M | 504.30M | 489.60M | 510.30M | 503.30M | 481.20M | 536.80M | 553.50M | 676.90M | 646.70M | 593.90M | 491.90M | 462.10M | 455.30M | 432.70M | 330.50M | 317.50M | 306.90M | 235.70M | 278.02M | 349.82M | 338.20M | 339.60M | 268.40M | 279.40M | 271.00M | 272.60M | 1.45B | 1.32B | 1.31B | 1.23B | 1.14B | 1.10B | 1.06B | 1.09B | 1.08B |
| Operating Income Ratio | 24.31% | 28.10% | 28.29% | -6.86% | 22.60% | 21.57% | 22.57% | 22.28% | 21.90% | 21.88% | 19.30% | 18.44% | 16.51% | 15.98% | 17.14% | 11.35% | 11.99% | 10.80% | 5.56% | 6.44% | 8.12% | 7.79% | 8.74% | 10.60% | 15.57% | 20.99% | 18.23% | 20.14% | 20.81% | 20.12% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% |
| Total Other Income/Expenses | -177.20M | 139.80M | 334.30M | -823.30M | -40.90M | 8.10M | 37.80M | -44.50M | -112.50M | 31.80M | -29.40M | -156.80M | -122.40M | -132.50M | -109.70M | -123.50M | -94.40M | -86.10M | -92.60M | -79.20M | -96.60M | -110.10M | -124.10M | -126.28M | -97.02M | -65.10M | -61.50M | -67.90M | -76.90M | -76.80M | -1.45B | -1.32B | -1.31B | -1.23B | -1.14B | -1.10B | -1.06B | -1.09B | -1.08B |
| Income Before Tax | 473.00M | 789.30M | 878.50M | -301.10M | 463.40M | 497.70M | 569.70M | 486.30M | 368.70M | 568.60M | 524.10M | 520.10M | 524.30M | 461.40M | 382.20M | 332.60M | 360.90M | 346.60M | 237.90M | 233.20M | 209.30M | 125.60M | 153.15M | 223.54M | 241.20M | 274.50M | 207.00M | 211.50M | 194.10M | 195.80M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Income Before Tax Ratio | 17.69% | 23.38% | 24.04% | -14.19% | 20.77% | 21.92% | 25.20% | 21.53% | 16.78% | 23.18% | 18.28% | 14.17% | 13.39% | 12.41% | 13.32% | 8.17% | 9.50% | 8.65% | 4.00% | 4.73% | 5.54% | 4.15% | 4.81% | 6.78% | 11.10% | 16.97% | 14.06% | 15.24% | 14.91% | 14.45% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Income Tax Expense | 56.20M | 123.60M | 141.20M | -127.40M | 29.80M | 72.20M | -49.30M | 148.10M | 97.40M | 172.80M | 130.30M | 135.10M | 160.70M | 161.00M | 121.10M | 101.20M | 116.70M | 120.50M | 71.80M | 80.20M | 73.70M | 44.60M | 52.58M | 76.51M | 89.90M | 108.60M | 74.40M | 78.20M | 68.80M | 72.00M | -114.30M | -99.70M | -133.90M | -139.20M | -129.40M | -137.80M | -114.00M | -126.30M | -108.60M |
| Net Income | 416.80M | 665.70M | 737.30M | -173.70M | 433.60M | 425.50M | 619.00M | 338.20M | 271.30M | 395.80M | 387.60M | 355.00M | 342.90M | 295.30M | 258.30M | 231.40M | 244.20M | 262.10M | 211.00M | 153.50M | 129.80M | 90.80M | 100.57M | 147.04M | 151.30M | 165.90M | 132.60M | 133.30M | 125.30M | 123.80M | 114.30M | 99.70M | 133.90M | 139.20M | 129.40M | 137.80M | 114.00M | 126.30M | 108.60M |
| Net Income Ratio | 15.59% | 19.72% | 20.18% | -8.18% | 19.43% | 18.74% | 27.38% | 14.97% | 12.35% | 16.13% | 13.52% | 9.67% | 8.76% | 7.94% | 9.00% | 5.68% | 6.43% | 6.54% | 3.55% | 3.12% | 3.43% | 3.00% | 3.16% | 4.46% | 6.96% | 10.25% | 9.01% | 9.61% | 9.62% | 9.14% | 7.90% | 7.58% | 10.18% | 11.31% | 11.34% | 12.55% | 10.71% | 11.58% | 10.01% |
| EPS | 2.08 | 3.33 | 3.68 | -0.87 | 2.17 | 2.13 | 3.10 | 1.69 | 1.36 | 1.99 | 1.96 | 1.80 | 1.75 | 1.52 | 1.34 | 1.25 | 1.33 | 1.44 | 1.17 | 0.87 | 0.80 | 0.58 | 0.65 | 0.95 | 0.97 | 1.02 | 0.81 | 0.81 | 0.77 | 0.76 | 0.70 | 0.61 | 0.82 | 0.85 | 0.77 | 0.80 | 0.65 | 0.69 | 0.57 |
| EPS Diluted | 2.07 | 3.32 | 3.68 | -0.87 | 2.16 | 2.12 | 3.10 | 1.69 | 1.36 | 1.98 | 1.94 | 1.79 | 1.73 | 1.50 | 1.33 | 1.25 | 1.32 | 1.42 | 1.16 | 0.87 | 0.79 | 0.58 | 0.65 | 0.95 | 0.97 | 1.02 | 0.81 | 0.81 | 0.77 | 0.76 | 0.70 | 0.61 | 0.82 | 0.85 | 0.77 | 0.80 | 0.65 | 0.69 | 0.57 |
| Weighted Avg Shares Out | 200.30M | 200.20M | 200.10M | 200.10M | 200.10M | 199.70M | 199.70M | 199.70M | 199.60M | 199.20M | 198.20M | 197.10M | 195.80M | 194.60M | 192.40M | 184.80M | 183.40M | 182.00M | 180.34M | 176.44M | 163.27M | 156.55M | 155.97M | 155.59M | 155.98M | 161.96M | 160.86M | 161.73M | 160.78M | 160.93M | 161.15M | 160.99M | 160.49M | 161.78M | 165.88M | 169.13M | 171.54M | 172.61M | 168.17M |
| Weighted Avg Shares Out (Dil) | 200.90M | 200.80M | 200.30M | 200.10M | 200.70M | 200.50M | 200.00M | 199.90M | 199.60M | 199.90M | 199.40M | 198.10M | 198.50M | 197.80M | 194.40M | 185.60M | 185.00M | 184.20M | 181.90M | 177.46M | 164.30M | 156.55M | 155.97M | 155.59M | 155.98M | 162.20M | 160.86M | 161.73M | 160.78M | 160.93M | 161.15M | 160.99M | 160.49M | 161.78M | 165.88M | 169.13M | 171.54M | 172.61M | 168.17M |
Reasons to Add OGE Energy (OGE) to Your Portfolio Right Now
OGE Energy (OGE) makes a strong case for investment, given its positive growth estimates, strong financial position and systematic investments.
OGE Energy Corp. Board of Directors declares quarterly dividend
OKLAHOMA CITY , Dec. 6, 2023 /PRNewswire/ -- OGE Energy Corp. (NYSE: OGE), the parent company of Oklahoma Gas and Electric Company, announced today that its Board of Directors approved a first quarter dividend of $0.4182 per common share of stock,...
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OGE Energy Corp. (OGE) Q3 2023 Earnings Call Transcript
OGE Energy Corp. (NYSE:OGE ) Q3 2023 Results Conference Call November 2, 2023 9:00 AM ET Company Participants Jason Bailey - Director, IR Sean Trauschke - Chairman, President & CEO Bryan Buckler - CFO Conference Call Participants Nathan Richardson -...
OGE Energy Corp. reports third quarter 2023 results
OKLAHOMA CITY , Nov. 2, 2023 /PRNewswire/ -- OGE Energy Corp. (NYSE: OGE), the parent company of Oklahoma Gas and Electric Company ("OG&E"), today reported earnings of $1.20 per diluted share during the three months that ended September 30, 2023,...
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Earnings Preview: OGE Energy (OGE) Q3 Earnings Expected to Decline
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Source: https://incomestatements.info
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