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OGE Energy Corp. (OGE)

NYSE - NYSE Delayed Price. Currency in USD
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33.28+0.34 (+1.03%)
At close: 4:00PM EDT

OGE Energy Corp.

321 North Harvey
PO Box 321
Oklahoma City, OK 73101-0321
United States
405-553-3000
http://www.ogeenergy.com

Sector(s)Utilities
IndustryUtilities—Regulated Electric
Full Time Employees2,425

Key Executives

NameTitlePayExercisedYear Born
Mr. Robert Sean TrauschkeChairman, Pres & CEO2.34MN/A1967
Mr. Stephen E. MerrillChief Financial Officer893.18kN/A1965
Mr. William H. SultemeierGen. Counsel750.44kN/A1968
Mr. Jean C. Leger Jr.Sr. VP of Utility Operations - Oklahoma Gas & Electric Company610.51kN/A1959
Ms. Sarah R. StaffordChief Accounting Officer & ControllerN/AN/A1982
Amounts are as of December 31, 2019 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

OGE Energy Corp., together with its subsidiaries, operates as an energy and energy services provider that offers physical delivery and related services for electricity and natural gas primarily in the south central United States. It operates in two segments, Electric Utility and Natural Gas Midstream Operations. The Electric Utility segment generates, transmits, distributes, and sells electric energy. This segment furnishes retail electric service in 267 communities and their contiguous rural and suburban areas; and owns and operates coal-fired, natural gas-fired, wind-powered, and solar-powered generating assets. Its service area covers 30,000 square miles in Oklahoma and western Arkansas, including Oklahoma City in Oklahoma; and Fort Smith, Arkansas. The Natural Gas Midstream Operations segment engages in gathering, processing, transporting, and storing natural gas; and the provision of crude oil gathering services, and interstate and intrastate natural gas pipeline transportation and storage services primarily to its producer, power plant, local distribution company, and industrial end-user customers. As of December 31, 2019, the company owned and operated interconnected electric generation, transmission, and distribution systems, including 13 generating stations with an aggregate capability of 7,081 megawatts; and transmission systems comprising 53 substations and 5,122 structure miles of lines in Oklahoma, and seven substations and 277 structure miles of lines in Arkansas. Its distribution systems included 350 substations; 29,406 structure miles of overhead lines; 3,050 miles of underground conduit; and 10,967 miles of underground conductors in Oklahoma, as well as 30 substations, 2,786 structure miles of overhead lines, 315 miles of underground conduit, and 679 miles of underground conductors in Arkansas. The company was founded in 1902 and is headquartered in Oklahoma City, Oklahoma.

Corporate Governance

OGE Energy Corp.’s ISS Governance QualityScore as of December 8, 2019 is 1. The pillar scores are Audit: 1; Board: 3; Shareholder Rights: 2; Compensation: 3.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.