OGE on NYSE

Oklahoma Gas & Electric

Logo: Unknown author Unknown author, Public domain, via Wikimedia Commons4

American electric utility company

Oklahoma Gas & Electric Company (branded as OG+E or "O-G-and-E") is a regulated electric utility company that serves over 913,000 customers in Oklahoma and Arkansas. It is the leading subsidiary of OGE Energy Corp.3 From Wikipedia, CC BY-SA 4.0

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Last updated Oct 18, 2026.

Overview

Feb 27, 1902Founded1

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  • TickerOGE on NYSE1
  • IndustryElectric Services1
  • HeadquartersOklahoma City1
  • Websitewww.oge.com
  • Incorporated inOK5
  • Business address321 N Harvey, P.O. Box 321, Oklahoma City, Ok 73101-03215
  • Filer categoryLarge accelerated filer5

Oklahoma Gas & Electric Company (branded as OG+E or "O-G-and-E") is a regulated electric utility company that serves over 913,000 customers in Oklahoma and Arkansas. It is the leading subsidiary of OGE Energy Corp. (NYSE: OGE), with headquarters in downtown Oklahoma City. OGE Energy is also the former parent of Enogex Inc., a natural gas pipeline business which merged with CenterPoint Energy's midstream business to form Enable Midstream in 2013, in 2021 OGE and CenterPoint sold their general partnership in Enable Midstream to Energy Transfer. OGE Energy and its subsidiaries have about 3,100 employees.3

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2025

25.1%Operating margin7
14.8%Net margin7
9.4%Revenue growth, 20257
9.5%Return on equity7
1.08×Debt to equity7

Where the money goes

Where each dollar of revenue went, fiscal 2025

  • Cost of revenue39¢$1.3B
  • Other costs34¢$1.1B
  • Interest8¢$270.3M
  • Income tax3¢$89.8M
  • Profit15¢$470.7M

Out of $3.2B in revenue.7

Where each dollar of operating cash went, fiscal 2025

  • Dividends paid30¢$341.9M
  • Kept or used elsewhere70¢$795.2M

Out of $1.1B of cash from operations.7

Financial statements

Revenue8910117$3.2B in 2025+47% since 2019
0$1.0B$2.0B$3.0B$4.0B2019: $2.2B$2.2B20192020: $2.1B$2.1B2020−5%2021: $3.6B$3.6B2021+73%2022: $3.3B$3.3B2022−8%2023: $2.6B$2.6B2023−21%2024: $2.9B$2.9B2024+12%2025: $3.2B$3.2B2025+9%
Operating income8910117$799.4M in 2025+57% since 2019
0$200.0M$400.0M$600.0M$800.0M2019: $507.7M$507.7M20192020: $522.2M$522.2M2020+3%2021: $544.2M$544.2M2021+4%2022: $649.5M$649.5M2022+19%2023: $650.2M$650.2M2023+0%2024: $745.3M$745.3M2024+15%2025: $799.4M$799.4M2025+7%
Net income8910117$470.7M in 2025+34% since 2019
-$250.0M0$250.0M$500.0M$750.0M2019: $350.2M$350.2M20192020: -$173.7M-$173.7M20202021: $737.3M$737.3M20212022: $665.7M$665.7M2022−10%2023: $416.8M$416.8M2023−37%2024: $441.5M$441.5M2024+6%2025: $470.7M$470.7M2025+7%

Every line of the income statement as filed: the last 3 fiscal years, latest first.7

Period ending2025-12-312024-12-312023-12-31
Revenues from contracts with customers$3.2B$2.9B$2.6B
Other revenues$69.2M$68.7M$67.0M
Operating revenues$3.3B$3.0B$2.7B
FUEL, PURCHASED POWER AND DIRECT TRANSMISSION EXPENSE$1.3B$1.1B$911.7M
Other operation and maintenance$531.6M$514.4M$502.6M
Depreciation and amortization$559.8M$539.5M$506.6M
Taxes other than income$109.4M$109.7M$103.2M
Operating expenses$1.2B$1.2B$1.1B
OPERATING INCOME$799.4M$745.3M$650.2M
Allowance for equity funds used during construction$26.0M$25.5M$19.4M
Other net periodic benefit (expense) income-$11.0M-$2.2M$5.6M
Other income$39.4M$30.6M$48.2M
Other expense-$23.0M-$24.1M-$29.0M
Net other income$31.4M$29.8M$44.2M
Interest on long-term debt$261.0M$228.3M$205.0M
Allowance for borrowed funds used during construction-$15.8M-$14.6M-$7.1M
Interest on short-term debt and other interest charges$25.1M$40.8M$23.5M
Interest expense$270.3M$254.5M$221.4M
INCOME BEFORE TAXES$560.5M$520.6M$473.0M
INCOME TAX EXPENSE$89.8M$79.1M$56.2M
NET INCOME$470.7M$441.5M$416.8M
BASIC AVERAGE COMMON SHARES OUTSTANDING201.9M shares200.8M shares200.3M shares
DILUTED AVERAGE COMMON SHARES OUTSTANDING202.5M shares201.3M shares200.9M shares
BASIC EARNINGS PER AVERAGE COMMON SHARE$2.33$2.20$2.08
DILUTED EARNINGS PER AVERAGE COMMON SHARE$2.32$2.19$2.07
Other comprehensive income, net of tax$100.0K$4.5M$4.7M
Comprehensive income$470.8M$446.0M$421.5M

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The story

OG&E was incorporated on 27 February 1902, by Edward H. Cooke. They initially provided services in Oklahoma City. In 1910 they acquired the El Reno Gas and Electric Company. By 1921 the business was operating in 27 towns and by 1924 they were operating in 88 towns. Subsequent to buying the Belle Isle Amusement Park in 1928, they built the Belle Isle Station power plant. In 1936 they purchased the Western Light and Power Company, based in northwestern Oklahoma. They created the nation's first gas/steam turbine at the Belle Isle Station power plant in 1949. By 1952 the company had 280,000 customers. They merged with Enogex in 1986. In 1997, OG&E reorganized as a holding company, OGE Energy, with OG&E and Enogex (now part of Enable Midstream) as its operating companies. By 2000, the company had 735,000 customers in Oklahoma and western Arkansas.

In 2002, an ice storm damaged the supply system, causing outages and costing the company $150 million to fix. A member of the Midwest Mutual Assistance and Southeast Electrical Exchange, in 2025 65 employees worked for 14 days, assisting Entergy Texas and Louisiana, in the aftermath of hurricane Laura.

From Wikipedia’s article on Oklahoma Gas & Electric, shared under CC BY-SA 4.0.6

Leadership

Who has led Oklahoma Gas & Electric, and when. Pick a name to see everywhere that person has worked.

Board members and other officers (63)

Products and brands

  • electricity

Listed on Wikidata.1

Former names

  • OGE ENERGY CORPSep 29, 1995 to Aug 5, 20085

Timeline

  1. Feb 22, 2018New chief executive Sean Trauschke becomes CEO17
  2. Feb 29, 2008New chief executive Peter B. Delaney becomes CEO18
  3. Jan 4, 2006New chief executive S. E. Moore becomes CEO19
  4. Feb 27, 1902Founded Founded1

Filings

411 filings to the SEC since October 2021: 5 annual reports, 15 quarterly reports, 52 major events, 251 insider forms, 11 large holders, 77 other. The latest 20:

  1. Oct 8, 20268-K EDGAR
  2. Aug 31, 20264 PRIMARY DOCUMENT EDGAR
  3. Aug 27, 2026144 EDGAR
  4. Aug 10, 20263 PRIMARY DOCUMENT EDGAR
  5. Aug 3, 20268-K EDGAR
  6. Jul 29, 20268-K EDGAR
  7. Jul 29, 202610-Q EDGAR
  8. Jul 2, 20264 PRIMARY DOCUMENT EDGAR
  9. Jun 17, 202611-K EDGAR
  10. Jun 15, 20268-K EDGAR
  11. May 22, 20264 PRIMARY DOCUMENT EDGAR
  12. May 21, 2026144 EDGAR
  13. May 14, 20268-K EDGAR
  14. May 7, 2026DEFA14A EDGAR
  15. Apr 30, 2026SCHEDULE 13G EDGAR
  16. Apr 29, 2026SCHEDULE 13G EDGAR
  17. Apr 29, 20268-K EDGAR
  18. Apr 29, 202610-Q EDGAR
  19. Apr 15, 2026DEFA14A EDGAR
  20. Apr 15, 20268-K EDGAR

The 411 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last three years, summarized. The full record is on SEC EDGAR.

Insider trades and holders

Large holders

Investors who own more than 5% must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively. 11 such filings since October 2021, the latest 10:

  1. Apr 30, 2026SCHEDULE 13G
  2. Apr 29, 2026SCHEDULE 13G
  3. Mar 27, 2026SCHEDULE 13G/A
  4. Feb 13, 2024SC 13G/A
  5. Jan 23, 2024SC 13G/A
  6. Feb 9, 2023SC 13G/A
  7. Jan 23, 2023SC 13G/A
  8. Feb 10, 2022SC 13G/A
  9. Feb 9, 2022SC 13G/A
  10. Jan 27, 2022SC 13G/A

From Forms 4 and Schedules 13D and 13G filed with the SEC.

Held by these funds

The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026, the top 25 of 100. Change is in shares since the quarter before.

FundSharesValueShare of the fundChange
BlackRock, Inc.26,254,706$1.3B0.0%+1,073,390
Vanguard Portfolio Management LLC10,659,655$518.7M0.0%−47,845
Vanguard Capital Management LLC9,311,149$453.1M0.0%+105,207
State Street Corp7,226,476$351.6M0.0%+198,593
Clearbridge Investments, LLC6,589,884$320.7M0.3%+423,821
Boston Partners5,687,808$276.8M0.2%+172,317
Aqr Capital Management LLC5,035,976$245.1M0.1%+2,378,406
Geode Capital Management, LLC3,933,472$191.5M0.0%+27,303
Norges Bank3,278,280$159.5M0.0%New
Dimensional Fund Advisors LP2,750,568$133.8M0.0%+62,261
Franklin Resources Inc2,476,880$120.5M0.0%+157,120
Northern Trust Corp2,377,817$115.7M0.0%+22,679
Qube Research & Technologies Ltd2,194,346$106.8M0.1%−202,711
Bank of New York Mellon Corp2,104,027$102.4M0.0%−88,404
Duff & Phelps Investment Management Co2,091,246$101.8M1.0%−5,138
Energy Income Partners, LLC2,034,850$99.0M1.6%+187,361
Morgan Stanley1,982,220$96.5M0.0%−556,195
Nomura Asset Management International Inc.1,834,067$89.2M0.1%−42,403
Cbre Investment Management Listed Real Assets LLC1,794,001$87.3M1.2%−21,117
First Trust Advisors LP1,734,002$84.4M0.0%−268,703
Goldman Sachs Group Inc1,696,852$82.6M0.0%+116,976
Reaves W H & Co Inc1,513,586$73.7M1.1%−90,023
Charles Schwab Investment Management Inc1,513,198$73.6M0.0%+32,151
Vanguard Fiduciary Trust Co1,304,811$63.5M0.0%+31,120
Massachusetts Financial Services Co /ma/1,284,747$62.5M0.0%−96,050

13F reports cover disclosed long positions in U.S. stocks only.

Members of Congress who traded it

3 trades disclosed by members of Congress. “Vs S&P since” is the stock’s change since the trade minus the S&P 500’s.

DateMemberTradeAmountVs S&P sinceFiling
Sep 11, 2025Lisa C. McClainRepublican, HouseSale$1,001 - $15,000+10.9%Report
Aug 13, 2025Lisa C. McClainRepublican, HouseBuy$1,001 - $15,000−16.6%Report
May 12, 2025Jefferson ShreveRepublican, HouseSale$100,001 - $250,000+24.4%Report

Members report amounts as ranges, not exact figures. Returns are price-only (no dividends).

Sources

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