Detail akcie OGE Energy Corp online

Business Summary: OGE Energy Corp. is a holding company with investments in energy and energy services providers. The Company offers physical delivery and related services for electricity in Oklahoma and western Arkansas and natural gas, crude oil and natural gas liquids (NGLs) across the United States. It operates through two segments: electric utility and natural gas midstream operations. The electric utility segment operates through its subsidiary, Oklahoma Gas and Electric Company (OG&E), which generates, transmits, distributes and sells electric energy in Oklahoma and western Arkansas. OG&E provides retail electric utility service to approximately 879,000 customers in Oklahoma and western Arkansas. The service area covers 30,000 square miles including Oklahoma City. The natural gas midstream operations segment represented the Company’s investment in Enable Midstream Partners, LP (Enable), which the Company accounted for as an equity method investment.
Financial Summary: BRIEF: For the three months ended 31 March 2022, OGE Energy Corp. revenues decreased 64% to $589.3M. Net income increased from $52.7M to $279.5M. Revenues reflect a decrease in demand for the Company's products and services due to unfavorable market conditions. Net income reflects Electric Utility segment income increase of 71% to $83.9M. Dividend per share increased from $0.40 to $0.41.