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Latest OGE News From Around the Web
Below are the latest news stories about Oge Energy Corp that investors may wish to consider to help them evaluate OGE as an investment opportunity.
Most Shareholders Will Probably Find That The CEO Compensation For OGE Energy Corp. (NYSE:OGE) Is Reasonable
Under the guidance of CEO Robert Trauschke, OGE Energy Corp. ( NYSE:OGE ) has performed reasonably well recently. As...
CR Minerals Company, LLC today announced that they have reached an agreement with OG&E, the electric utility subsidiary of OGE Energy Corp. (NYSE: OGE), on the beneficial use of fly ash from OG&E's River Valley power plant in Spiro, OK.
OGE Energy's (OGE) Q1 operating revenues of $1,630.6 million fall shy of the Zacks Consensus Estimate but surge 278.1% year over year
OGE Energy Corp. (NYSE: OGE), the parent company of Oklahoma Gas and Electric Company ("OG&E"), and holder of 25.5 percent limited partner interest and 50 percent general partner interest in Enable Midstream Partners LP ("Enable"), today reported earnings of $0.26 per diluted share for the three months ended March 31, 2021 compared to a loss of $2.46 per diluted share for the first quarter of 2020. The loss in 2020 was primarily due to a $590 million impairment charge, net of tax, related to Enable.
Oklahoma Gas and Electric (OG&E), a subsidiary of Oklahoma City-based OGE Energy Corp. (NYSE: OGE), announced today that it has entered into an agreement with Dobson Fiber to upgrade the resiliency and capacity of the company's communications network backbone to accommodate new grid automation and mitigate risk of wireless interference on the traditional microwave system. Through the agreement, the two Oklahoma headquartered companies will build approximately 350 miles of new fiber and leverage over 600 miles of Dobson's existing network to connect key infrastructure.
OGE Energy's (OGE) fourth-quarter GAAP earnings of 27 cents per share come in higher than earnings of 18 cents in the year-ago quarter
Thank you, operator, and good morning, everyone, and welcome to OGE Energy Corp.'s Fourth Quarter 2020 Earnings Call. In addition, the conference call and accompanying slides will be archived following the call on that same website.
Moody's concurrently affirmed Enable's Baa3 senior unsecured rating.On February 17, Energy Transfer and Enable announced an agreement whereby Energy Transfer would acquire all of Enable's outstanding units from its co-general partners CenterPoint Energy, Inc. (CNP, Baa2 stable) and OGE Energy Corp. (OGE, Baa1 stable) as well as all publicly held units in exchange for Energy Transfer units having an approximate value of $2.6 billion. Energy Transfer will also acquire CNP's and OGE's general partnership interests and Incentive Distribution Rights (IDRs) for $10 million of cash.
OGE Energy Corp. sets path to becoming a pure-play electric utility with the proposed merger between Energy Transfer LP and Enable Midstream Partners LP
OGE Energy Corp. (NYSE: OGE), the parent company of Oklahoma Gas and Electric Company ("OG&E"), and holder of 25.5 percent limited partner interest and 50 percent general partner interest in Enable Midstream Partners LP (NYSE: ENBL), today announced its support of the merger agreement between Energy Transfer LP (NYSE: ET) and Enable Midstream Partners LP.
How far off is OGE Energy Corp. ( NYSE:OGE ) from its intrinsic value? Using the most recent financial data, we'll take...