OGE Energy (NYSE: OGE) — Company Overview, News & Financial Data
OGE Energy provides utility services in North America, focusing on electricity generation and expanding its renewable energy portfolio.
OGE Energy
OGE Energy is a energy holding company headquartered in Oklahoma City, Oklahoma, and the parent company of Oklahoma Gas and Electric Company. Operating as a regulated electric utility, the company generates, transmits, distributes, and sells electricity to residential, commercial, industrial, and public authority customers across Oklahoma and western Arkansas. Its power generation portfolio encompasses natural gas, coal, solar, and wind resources. The company maintains an extensive network of transmission lines, distribution circuits, and substations to deliver reliable power across a service territory spanning approximately 30,000 square miles in the south-central United States.
Snapshot
Operations
Products and/or services of OGE Energy
- Electric Distribution Services: Retail and wholesale distribution of electricity to residential, commercial, industrial, and municipal customers across a service territory of approximately 30,000 square miles in Oklahoma and western Arkansas through thousands of miles of distribution lines.
- Electric Transmission Infrastructure: Operation of high-voltage transmission lines and regional power substations integrated into the Southwest Power Pool, transferring bulk power across high-voltage transmission circuits across Oklahoma and neighboring states to maintain regional grid reliability.
- Natural Gas Power Generation: Operation of thermal power plants utilizing natural gas combined-cycle and combustion turbine technologies, delivering dependable generation capacity to support load requirements across the utility service area in Oklahoma and western Arkansas.
- Renewable Generation Assets: Operation and power purchase agreement management for utility-scale solar installations and wind energy facilities, delivering low-emission electric power to municipal, residential, and commercial utility customers throughout the service region.
- Coal Power Generation: Operation of baseload coal-fired power facilities equipped with environmental control systems, providing stable electric generation capacity and fuel diversity to meet peak power demands across the service territory.
- Grid Modernization Services: System reinforcement, distribution line automation, smart metering infrastructure deployment, and substation equipment upgrades implemented across municipal and rural distribution networks to enhance power delivery reliability and operational resiliency.
OGE Energy executive team
- Mr. Robert Sean TrauschkeChairman, President & CEO
- Mr. Charles B. Walworth CPAChief Financial Officer
- Mr. William H. Sultemeier J.D.General Counsel, Corporate Secretary & Chief Compliance Officer
- Mr. David A. ParkerVice President of Technology, Data & Security - Oklahoma Gas and Electric Company
- Ms. Sarah R. StaffordChief Accounting Officer & Controller
- Mr. Jason BaileyTreasurer & Director of Investor Relations
- Ms. Christine Ostendorf WoodworthVice President of Marketing & Communications - OG&E Company