Oge Energy Corp.
Company Overview
OGE Energy Corp. is a regulated electric utility company headquartered in Oklahoma City, Oklahoma. The company primarily operates through its subsidiary Oklahoma Gas and Electric Company (OG&E), which serves approximately 900,000 retail customers in Oklahoma and western Arkansas. OGE Energy provides electricity generation, transmission, and distribution services.
The company's generation mix includes natural gas, coal, wind, and solar power sources. They are focused on providing reliable electric service while transitioning to cleaner energy sources and maintaining affordable rates for customers.
Use of Interest
| Reporting Date | Total Revenue | Total Operating Expense | Interest Income | Interest Expense | Interest Income Ratio | Interest Expense Ratio |
|---|---|---|---|---|---|---|
| Sept. 30, 2024 | $965.4m | $716.4m | - | $64.2m | 0.00% | 8.96% |
| June 30, 2024 | $662.6m | $551.6m | - | $64.9m | 0.00% | 11.77% |
| March 31, 2024 | $596.8m | $583.0m | - | $60.2m | 0.00% | 10.33% |
Company Impact
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