Segment & Geographic Data
Quant-Grade Normalized (live API)
API & CSV Delivery
Oge Energy's Business Segments
Oge Energy's reported revenue by business segment and by geographic region, quarterly and annual, normalized against the consolidated income statement. Free below: the top 3 rows per table, this quarter and this fiscal year. Subscriber access adds the full segment history and operating income by segment.
Segment Data As of Q2 FY2025
Reportable Segments
1
Largest Segment
Electrics Company
Total Revenue
$ 742
Regions Reported
-
Revenue Share by Reportable Segment - Q2 FY2025
- Electrics Company100%
Revenue by Reportable Segment - Q2 FY2025
| Segment | Revenue (Millions) | % of Total |
|---|---|---|
| Electrics Company | $ 742 | 100% |
Description of Oge Energy
OGE Energy Corp. is an American public utility holding company based in Oklahoma City, Oklahoma. The company primarily operates in the electric utility industry and natural gas transportation and storage industry. OGE Energy provides electricity services to more than 859,000 customers in Oklahoma and western Arkansas. The company also operates in the oil and gas exploration and production business through its subsidiary, Enogex LLC, which provides natural gas transportation and storage services.
OGE Energy was founded in 1995 after the merger of two previously independent energy companies: Oklahoma Gas and Electric Company (OG&E) and Enogex. The combined company became one of the largest energy providers in the southwestern United States. In 2014, OGE Energy spun off Enogex into a separate entity, creating Enable Midstream Partners.
The company's electric utility business is primarily operated by OG&E, which was founded in 1902 in downtown Oklahoma City. The company provides power to residential, commercial, and industrial customers through a network of generating stations, high-voltage transmission lines, and distribution lines. OG&E operates several power plants, including natural gas-fired plants, coal-fired plants, and wind farms. The wind farms contribute significantly to the company's power generation, with over 30% of the company's total generating capacity being sourced from wind energy.
OGE Energy has made efforts to integrate renewable energy sources into its operations, including expanding its wind power capacity and investing in solar energy development. The company has also implemented energy efficiency programs to help customers reduce their energy usage and costs. OGE Energy has been recognized for its strong sustainability practices, earning a spot on the Dow Jones Sustainability Index for North America for several consecutive years.
In addition to its electric utility operations, OGE Energy also operates in the natural gas transportation and storage industry. Through Enogex, the company owns and operates over 8,800 miles of natural gas transmission pipelines and 11 storage facilities in Oklahoma and Texas. Enogex provides natural gas transportation and storage services to customers in a variety of industries, including power generation, industrial, and commercial.
Overall, OGE Energy Corp. is a leading energy company in the southwestern United States, with a diverse portfolio of businesses in the electric utility and natural gas transportation and storage industries. The company has a strong commitment to sustainability and is well-positioned to meet the energy needs of its customers in the years to come.
OGE Energy was founded in 1995 after the merger of two previously independent energy companies: Oklahoma Gas and Electric Company (OG&E) and Enogex. The combined company became one of the largest energy providers in the southwestern United States. In 2014, OGE Energy spun off Enogex into a separate entity, creating Enable Midstream Partners.
The company's electric utility business is primarily operated by OG&E, which was founded in 1902 in downtown Oklahoma City. The company provides power to residential, commercial, and industrial customers through a network of generating stations, high-voltage transmission lines, and distribution lines. OG&E operates several power plants, including natural gas-fired plants, coal-fired plants, and wind farms. The wind farms contribute significantly to the company's power generation, with over 30% of the company's total generating capacity being sourced from wind energy.
OGE Energy has made efforts to integrate renewable energy sources into its operations, including expanding its wind power capacity and investing in solar energy development. The company has also implemented energy efficiency programs to help customers reduce their energy usage and costs. OGE Energy has been recognized for its strong sustainability practices, earning a spot on the Dow Jones Sustainability Index for North America for several consecutive years.
In addition to its electric utility operations, OGE Energy also operates in the natural gas transportation and storage industry. Through Enogex, the company owns and operates over 8,800 miles of natural gas transmission pipelines and 11 storage facilities in Oklahoma and Texas. Enogex provides natural gas transportation and storage services to customers in a variety of industries, including power generation, industrial, and commercial.
Overall, OGE Energy Corp. is a leading energy company in the southwestern United States, with a diverse portfolio of businesses in the electric utility and natural gas transportation and storage industries. The company has a strong commitment to sustainability and is well-positioned to meet the energy needs of its customers in the years to come.
Oge Energy Corp is an integrated energy company that plays a significant role in the energy landscape of Oklahoma and Arkansas. Its diversified operations encompass various segments, products, and services that serve both residential and commercial customers. Below is a detailed overview of the company’s offerings:
1) Electric Utility
At the core of Oge Energy Corp’s business is its electric utility segment, which operates primarily through its subsidiary, Oklahoma Gas and Electric Company (OGE). This segment is responsible for generating, transmitting, and distributing electricity to more than 850,000 customers across Oklahoma and western Arkansas.
- Electric Generation: OGE operates a diverse portfolio of electric generation resources, which includes:
- Coal Fired Power Plants: Traditional coal-fired plants that provide a significant portion of the electricity supply.
- Natural Gas Plants: Modern natural gas facilities that offer flexibility and efficiency in power generation.
- Renewable Energy Sources: Significant investments in wind farms and solar energy facilities, reflecting a growing commitment to clean energy.
- Distribution Infrastructure: The company maintains a robust network of transmission and distribution lines, substations, and transformers to ensure reliable delivery of electricity to end users.
- Customer Programs: OGE provides various customer-focused programs intended to enhance service reliability, improve energy efficiency, and reduce energy costs, such as demand response programs.
2) Natural Gas Midstream Operations
Oge Energy Corp also has a substantial presence in natural gas midstream operations, which are crucial for the transportation and processing of natural gas.
- Gathering Systems: The company operates extensive natural gas gathering systems that collect natural gas from production sites and transport it to processing facilities.
- Processing Plants: OGE owns and operates natural gas processing plants where raw natural gas is treated to remove impurities, making it suitable for use or transportation.
- Natural Gas Liquids (NGL) Services: Oxe offers transportation and storage solutions for natural gas liquids, enabling industries to efficiently handle various byproducts from gas processing.
3) Renewable Energy
Emphasizing sustainability and environmental responsibility, Oge Energy Corp actively invests in renewable energy solutions. This segment includes:
- Wind Energy: OGE has developed several wind farms that significantly contribute to its energy portfolio, harnessing one of the fastest-growing energy sources available in the region.
- Solar Energy: The company is expanding its solar energy capabilities by investing in solar facilities that provide customers with green energy options.
- Green Energy Programs: Customers can participate in various green energy programs that allow them to support renewable energy generation, such as opting for renewable energy certificates (RECs) associated with their electricity consumption.
4) Energy Management Services
Oge Energy Corp recognizes the importance of energy efficiency for its customers and offers various energy management services:
- Energy Audits: Comprehensive evaluations of a customer’s energy use to identify areas for improvement and potential savings.
- Efficiency Assessments: Detailed reviews of energy systems within buildings or facilities to suggest upgrades or modifications that optimize energy use.
- Demand-Side Management: Programs aimed at helping customers reduce peak energy usage, thus lowering bills and alleviating stress on the electricity grid.
5) Energy Trading and Marketing
In addition to its utility and gas operations, Oge Energy Corp engages in energy trading and marketing:
- Electricity Trading: The company buys and sells electricity in wholesale markets, capitalizing on pricing differences and optimizing supply chains.
- Natural Gas Market: OGE participates in the natural gas market to ensure they can fulfill customer needs at competitive prices.
- Renewable Energy Certificates: The company is active in the renewable energy market by trading RECs, helping to facilitate compliance with regulations and support additional renewable generation.
6) Energy-related Products
Oge Energy Corp also offers a range of products that promote energy efficiency and conservation:
- Smart Thermostats: These devices help customers manage their heating and cooling systems more efficiently, allowing for automated adjustments that save energy.
- LED Lighting: The company provides energy-efficient lighting solutions, including LED bulbs that significantly reduce energy consumption compared to traditional incandescent bulbs.
- Home Energy Solutions: OGE offers various home energy products designed to enhance overall efficiency, including weatherization kits and home energy management tools.
Conclusion
Overall, Oge Energy Corp has positioned itself as a leading energy provider with a comprehensive suite of services and products aimed at meeting the needs of its customers in Oklahoma and Arkansas. From traditional electricity generation to innovative energy management solutions and a strong commitment to renewable energy, Oge Energy Corp continues to evolve and adapt in a rapidly changing energy landscape. The company’s initiatives reflect its dedication to providing reliable, affordable, and sustainable energy to its service areas.
1) Electric Utility
At the core of Oge Energy Corp’s business is its electric utility segment, which operates primarily through its subsidiary, Oklahoma Gas and Electric Company (OGE). This segment is responsible for generating, transmitting, and distributing electricity to more than 850,000 customers across Oklahoma and western Arkansas.
- Electric Generation: OGE operates a diverse portfolio of electric generation resources, which includes:
- Coal Fired Power Plants: Traditional coal-fired plants that provide a significant portion of the electricity supply.
- Natural Gas Plants: Modern natural gas facilities that offer flexibility and efficiency in power generation.
- Renewable Energy Sources: Significant investments in wind farms and solar energy facilities, reflecting a growing commitment to clean energy.
- Distribution Infrastructure: The company maintains a robust network of transmission and distribution lines, substations, and transformers to ensure reliable delivery of electricity to end users.
- Customer Programs: OGE provides various customer-focused programs intended to enhance service reliability, improve energy efficiency, and reduce energy costs, such as demand response programs.
2) Natural Gas Midstream Operations
Oge Energy Corp also has a substantial presence in natural gas midstream operations, which are crucial for the transportation and processing of natural gas.
- Gathering Systems: The company operates extensive natural gas gathering systems that collect natural gas from production sites and transport it to processing facilities.
- Processing Plants: OGE owns and operates natural gas processing plants where raw natural gas is treated to remove impurities, making it suitable for use or transportation.
- Natural Gas Liquids (NGL) Services: Oxe offers transportation and storage solutions for natural gas liquids, enabling industries to efficiently handle various byproducts from gas processing.
3) Renewable Energy
Emphasizing sustainability and environmental responsibility, Oge Energy Corp actively invests in renewable energy solutions. This segment includes:
- Wind Energy: OGE has developed several wind farms that significantly contribute to its energy portfolio, harnessing one of the fastest-growing energy sources available in the region.
- Solar Energy: The company is expanding its solar energy capabilities by investing in solar facilities that provide customers with green energy options.
- Green Energy Programs: Customers can participate in various green energy programs that allow them to support renewable energy generation, such as opting for renewable energy certificates (RECs) associated with their electricity consumption.
4) Energy Management Services
Oge Energy Corp recognizes the importance of energy efficiency for its customers and offers various energy management services:
- Energy Audits: Comprehensive evaluations of a customer’s energy use to identify areas for improvement and potential savings.
- Efficiency Assessments: Detailed reviews of energy systems within buildings or facilities to suggest upgrades or modifications that optimize energy use.
- Demand-Side Management: Programs aimed at helping customers reduce peak energy usage, thus lowering bills and alleviating stress on the electricity grid.
5) Energy Trading and Marketing
In addition to its utility and gas operations, Oge Energy Corp engages in energy trading and marketing:
- Electricity Trading: The company buys and sells electricity in wholesale markets, capitalizing on pricing differences and optimizing supply chains.
- Natural Gas Market: OGE participates in the natural gas market to ensure they can fulfill customer needs at competitive prices.
- Renewable Energy Certificates: The company is active in the renewable energy market by trading RECs, helping to facilitate compliance with regulations and support additional renewable generation.
6) Energy-related Products
Oge Energy Corp also offers a range of products that promote energy efficiency and conservation:
- Smart Thermostats: These devices help customers manage their heating and cooling systems more efficiently, allowing for automated adjustments that save energy.
- LED Lighting: The company provides energy-efficient lighting solutions, including LED bulbs that significantly reduce energy consumption compared to traditional incandescent bulbs.
- Home Energy Solutions: OGE offers various home energy products designed to enhance overall efficiency, including weatherization kits and home energy management tools.
Conclusion
Overall, Oge Energy Corp has positioned itself as a leading energy provider with a comprehensive suite of services and products aimed at meeting the needs of its customers in Oklahoma and Arkansas. From traditional electricity generation to innovative energy management solutions and a strong commitment to renewable energy, Oge Energy Corp continues to evolve and adapt in a rapidly changing energy landscape. The company’s initiatives reflect its dedication to providing reliable, affordable, and sustainable energy to its service areas.