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What is 'Pawn Your Diamond'?
'Pawn Your Diamond' offers the community information
about the Fortune 500 companies.
Why the name?
The aim behind our name is to give young
entrepreneurs the incentive to start from scratch with
the hope that this small money they got from pawning a
diamond they had aside, grows and flourishes into a
multi billion dollar corporation.
Too dreamy?
Simply NOT. Such famous corporations did not exist
forever. Each and every foundation did start somewhere
and usually had one or a few founding members. So grab
the general concept and work hard!
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Fortune 500 - Spot Number 397
Company Information
Name: OGE Energy Corp.
Industry: Electric Utilities
Description: OGE Energy is the parent company of Oklahoma Gas and Electric Company (OG&E), a regulated electric utility serving Oklahoma and western Arkansas,and of Enogex Inc., a natural gas pipeline and energy marketing business with principal operations in Oklahoma, Arkansas, and Texas.
Financial Summary: OGE is an energy and energy services provider offering physical delivery and management of both electricity and natural gas in the south central United States. For the six months ended 6/30/05, revenues rose 19% to $2.63B. Net income from cont. ops. fell 10% to $43.8M. Results reflect increased natural gas pipeline operating revenues, offset by higher maintenance and depreciation expense.
Business Summary: OGE Energy Corp. is an energy and energy services provider that offers physical delivery and management of both electricity and natural gas primarily in the south central United States. The Company conducts these activities through two business segments, the Electric Utility and the Natural Gas Pipeline segments. The Electric Utility segment generates, transmits, distributes and sells electric energy in Oklahoma and western Arkansas. Its operations are conducted through Oklahoma Gas and Electric Company (OG&E). The operations of the Natural Gas Pipeline segment are conducted through Enogex Inc. and its subsidiaries (Enogex) and consist of three related businesses: the transportation and storage of natural gas; the gathering and processing of natural gas, and the marketing of natural gas. On July 9, 2004, the Company acquired majority ownership interest in the 520-megawatt (MW) McClain Plant.
Misc Details
Symbol: OGE
City: Oklahoma City
State: OK
ZIP Code: 73101
Address: P.O. Box 321
Phone: 405-553-3000
Fax: 405-553-3760
Website: http://www.oge.com
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