OGE Energy Corp - Company Profile
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OGE Energy Corp (OGE) is an energy utility company. The company's primary activities involve the generation, transmission, distribution, and sale of electricity. OGE operates a diverse range of power-generating assets, including coal-fired, natural gas-fired, wind-powered, and solar-powered facilities. Through its subsidiary, Oklahoma Gas and Electric Company (OG&E), OGE provides these electricity services. The company's customers include public authorities, businesses, residences, and industries. It serves customers in Oklahoma and western Arkansas, including major communities such as Oklahoma City and Fort Smith, along with its contiguous rural and suburban areas. The company's operations are primarily focused on the US. OGE is headquartered in Oklahoma City, Oklahoma, the US.
Headquarters
United States of America
Address
321 North Harvey, P.O. Box 321, Oklahoma City, 73101-0321
Website
www.oge.com
Telephone
1 405 5533000
No of Employees
2,291
Industry
Power
Ticker Symbol & Exchange
OGE (NYSE)
Revenue (2024)
$3.0B
11.6%
(2024 vs 2023)
EPS
XYZ
Net Income (2024)
XYZ
5.9%
(2024 vs 2023)
Market Cap*
$9.8B
Net Profit Margin (2024)
XYZ
-5.1%
(2024 vs 2023)
* As of and is in US$
OGE Energy Corp premium industry data and analytics
Products and Services
| Products | Services |
|---|---|
| Electricity | Transportation of Natural Gas |
| Transmission and Distribution of Power | |
| Gas Gathering and Processing |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2025 | Plans/Strategy | In June, the company announced its plans to replace two aging units at the Horseshoe Lake Power Plant |
| 2024 | Contracts/Agreements | In June, the company entered into a partnership with Enagas, GRTgaz, and Terega to enhance the BarMar hydrogen infrastructure. |
| 2023 | Corporate Changes/Expansions | In October, the company's subsidiary was awarded US$50 million to enhance the electric grid for communities in Oklahoma. |
Competitor Comparison
| Key Parameters | OGE Energy Corp | Southern Co | NextEra Energy Inc | American Electric Power Co Inc | Entergy Corporation |
|---|---|---|---|---|---|
| Headquarters | United States of America | United States of America | United States of America | United States of America | United States of America |
| City | Oklahoma City | Atlanta | Juno Beach | Columbus | New Orleans |
| State/Province | Oklahoma | Georgia | Florida | Ohio | Louisiana |
| No. of Employees | 2,291 | 28,600 | 16,800 | 16,330 | 12,267 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Sean Trauschke | Chief Executive Officer; President; Chairman | Executive Board | 2020 | 57 |
| Charles B. Walworth | Chief Financial Officer | Senior Management | 2024 | 50 |
| Sarah R. Stafford | Chief Accounting Officer; Controller | Senior Management | 2020 | 43 |
| William H. Sultemeier | General Counsel; Chief Compliance Officer; Secretary | Senior Management | 2022 | 57 |
| Jason Bailey | Treasurer | Senior Management | - | - |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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