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OGE Energy Corp. · Oklahoma City, OK United States ·(NYSE: OGE)

Company Description

321 N. Harvey
Oklahoma City, OK
73101
United States (Map)
Phone: 405-553-3000
Fax: 405-553-3567
Rankings
  • #358 in FORTUNE 500
  • S&P 400
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OGE Energy is the holding company for the largest electric utility in Oklahoma, but its largest revenue producer is its energy marketing and natural gas transmission unit, OGE Energy Resources. OGE owns Oklahoma Gas and Electric (OG&E), a public utility with about 777,100 retail and wholesale customers in Oklahoma (including Oklahoma City) and a bit of western Arkansas. OG&E owns coal- and gas-fired power plants that generate 6,800 MW of capacity. Subsidiary Enogex operates about 8,200 miles of natural gas gathering and transportation pipeline and markets energy commodities throughout the US. To read the full description, subscribe now.
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Key OGE Energy Corp. Financials

Company TypePublic - NYSE: OGE

Headquarters
Fiscal Year-EndDecember
2008 Sales (mil.)$4,070.7
2008 Employees3,441

OGE Energy Corp. Executives

41 executives listed for OGE Energy Corp.'s Oklahoma City, OK location.
TitleName & BioContact
Chairman and CEO of OGE Energy, OG&E, and Enogex LLCPeter DelaneyNetwork
COO and SVP OGE Energy and OG&E; President, Enogex LLCDanny HarrisNetwork
CFOR. Sean TrauschkeNetwork

Competition

Competitive Landscape for OGE Energy Corp.
Demand for petroleum comes mainly from auto and truck use and home heating. Profitability is determined by the efficiency of operations. Most companies are local and operate a single "bulk station" (tank farm), although the large companies may operate a dozen facilities and serve several states. Large wholesale purchasers generally can negotiate bigger price discounts from suppliers and spread the cost of bulk holding facilities over a larger number of gallons. An economic recession or dramatic price fluctuations, such as those that occurred in the first half of 2008, reduce demand for gasoline. Concerns about US dependency on foreign fuel and environmental issues also impact demand. Any decline in demand can adversely affect petroleum distributors. To read the full description, subscribe now.
Top OGE Energy Corp. Competitors
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