OGE Energy Corp (OGE) Financial Statements (2025 and earlier)
Company Profile
| Business Address |
321 N HARVEY OKLAHOMA CITY, OK 73101-0321 |
| State of Incorp. | OK |
| Fiscal Year End | December 31 |
| Industry (SIC) | 4911 - Electric Services (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)Annual | Quarterly
| 3/31/2025 Q1 | 12/31/2024 Q4 | 9/30/2024 Q3 | 6/30/2024 Q2 | 3/31/2024 Q1 | 12/31/2023 Q4 | 9/30/2023 Q3 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 600 | 9,900 | 100 | 4,300 | 200 | 2,800 | |||
| Cash and cash equivalent | 600 | 9,900 | 100 | 4,300 | 200 | 2,800 | |||
| Receivables | 315,200 | 418,700 | 335,600 | 263,800 | 299,700 | 444,100 | |||
| Inventory, net of allowances, customer advances and progress billings | 148,300 | 123,400 | 145,500 | 157,900 | 158,500 | 123,600 | |||
| Inventory | 148,300 | 123,400 | 145,500 | 157,900 | 158,500 | 123,600 | |||
| Deferred costs | 115,400 | 43,300 | 2,700 | 53,000 | |||||
| Regulatory asset | 123,500 | 53,000 | 10,900 | 4,000 | 6,500 | 61,000 | |||
| Other current assets | 88,900 | 63,000 | 67,500 | 53,700 | 58,800 | 51,000 | |||
| Other undisclosed current assets | 103,200 | 185,200 | 227,700 | 241,300 | 245,100 | 169,600 | |||
| Total current assets: | 895,100 | 896,500 | 787,300 | 725,000 | 771,500 | 905,100 | |||
| Noncurrent Assets | |||||||||
| Property, plant and equipment | 12,086,600 | 11,832,000 | 11,687,300 | 11,468,800 | 11,301,000 | 11,114,000 | |||
| Long-term investments and receivables | 124,200 | 122,600 | 119,700 | 118,900 | 114,000 | 111,400 | |||
| Long-term investments | 124,200 | 122,600 | 119,700 | 118,900 | 114,000 | 111,400 | |||
| Regulated entity, other noncurrent assets | 572,700 | 586,200 | |||||||
| Other noncurrent assets | 610,100 | 624,700 | 617,500 | 605,300 | 604,200 | 612,700 | |||
| Other undisclosed noncurrent assets | (572,700) | (586,200) | |||||||
| Total noncurrent assets: | 12,820,900 | 12,579,300 | 12,424,500 | 12,193,000 | 12,019,200 | 11,838,100 | |||
| TOTAL ASSETS: | 13,716,000 | 13,475,800 | 13,211,800 | 12,918,000 | 12,790,700 | 12,743,200 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 566,000 | 582,900 | 490,000 | 411,000 | 512,000 | 542,700 | |||
| Accounts payable | 305,700 | 269,800 | 256,800 | 211,900 | 276,400 | 281,800 | |||
| Accrued liabilities | 260,300 | 313,100 | 233,200 | 199,100 | 235,600 | 260,900 | |||
| Deferred revenue | 111,100 | 110,000 | 107,800 | 105,600 | 103,500 | 99,900 | |||
| Debt | 501,700 | 247,600 | 440,700 | 835,100 | 499,200 | 411,400 | |||
| Regulatory liability | 28,200 | 37,600 | |||||||
| Customer refund liability | 9,300 | 16,400 | 29,800 | 36,500 | 20,500 | ||||
| Other liabilities | 41,700 | 84,600 | 41,400 | 41,500 | 44,000 | 53,500 | |||
| Other undisclosed current liabilities | (28,200) | (37,600) | |||||||
| Total current liabilities: | 1,229,800 | 1,041,500 | 1,109,700 | 1,429,700 | 1,179,200 | 1,107,500 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 5,020,900 | 5,020,800 | 4,821,800 | 4,261,900 | 4,340,500 | 4,339,700 | |||
| Long-term debt, excluding current maturities | 5,020,900 | 5,020,800 | 4,821,800 | 4,261,900 | 4,340,500 | 4,339,700 | |||
| Liabilities, other than long-term debt | 2,824,400 | 2,796,400 | 2,802,600 | 2,781,100 | 2,759,400 | 2,755,300 | |||
| Accumulated deferred investment tax credit | 10,600 | 10,700 | 10,900 | 11,100 | 11,300 | 11,500 | |||
| Deferred income tax liabilities | 1,371,100 | 1,361,600 | 1,335,300 | 1,318,400 | 1,300,800 | 1,281,700 | |||
| Liability, pension and other postretirement and postemployment benefits | 170,900 | 166,900 | 163,500 | 161,500 | 172,700 | 176,300 | |||
| Regulatory liability | 1,016,400 | 1,014,600 | 1,030,500 | 1,047,400 | 1,061,600 | 1,079,300 | |||
| Other liabilities | 255,400 | 242,600 | 262,400 | 242,700 | 213,000 | 206,500 | |||
| Total noncurrent liabilities: | 7,845,300 | 7,817,200 | 7,624,400 | 7,043,000 | 7,099,900 | 7,095,000 | |||
| Total liabilities: | 9,075,100 | 8,858,700 | 8,734,100 | 8,472,700 | 8,279,100 | 8,202,500 | |||
| Equity | |||||||||
| Equity, attributable to parent, including: | 4,640,900 | 4,617,100 | 4,477,700 | 4,445,300 | 4,511,600 | 4,540,700 | |||
| Common stock | 2,000 | 2,000 | |||||||
| Additional paid in capital | 1,165,900 | 1,143,100 | |||||||
| Accumulated other comprehensive loss | (2,700) | (3,100) | (3,200) | (3,300) | (7,200) | (10,100) | |||
| Retained earnings | 3,475,700 | 3,458,500 | 3,324,400 | 3,306,200 | 3,373,700 | 3,409,200 | |||
| Other undisclosed equity, attributable to parent | 1,161,700 | 1,156,500 | 1,142,400 | 1,141,600 | |||||
| Total equity: | 4,640,900 | 4,617,100 | 4,477,700 | 4,445,300 | 4,511,600 | 4,540,700 | |||
| TOTAL LIABILITIES AND EQUITY: | 13,716,000 | 13,475,800 | 13,211,800 | 12,918,000 | 12,790,700 | 12,743,200 | |||
Income Statement (P&L) ($ in thousands)Annual | Quarterly
| 3/31/2025 Q1 | 12/31/2024 Q4 | 9/30/2024 Q3 | 6/30/2024 Q2 | 3/31/2024 Q1 | 12/31/2023 Q4 | 9/30/2023 Q3 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 760,500 | 965,400 | 662,600 | 596,800 | 566,700 | 945,400 | ||
| Cost of revenue (Cost of Product and Service Sold) | (300,200) | (350,100) | (193,900) | (232,200) | (195,500) | (333,800) | ||
| Gross profit: | 460,300 | 615,300 | 468,700 | 364,600 | 371,200 | 611,600 | ||
| Operating expenses | (278,100) | (302,100) | (292,800) | (290,600) | (275,000) | (280,500) | ||
| Operating income: | 182,200 | 313,200 | 175,900 | 74,000 | 96,200 | 331,100 | ||
| Nonoperating income | 2,200 | 10,700 | 10,500 | 6,400 | 6,700 | 6,600 | ||
| Public utilities, allowance for funds used during construction, additions | (10,700) | 3,900 | 3,400 | |||||
| Public utilities, allowance for funds used during construction, capitalized cost of equity | 7,300 | 6,900 | 6,600 | 4,700 | 5,300 | 4,500 | ||
| Other nonoperating income (expense) | (27,600) | 10,700 | 10,500 | |||||
| Interest and debt expense | (64,900) | (60,200) | (58,500) | (57,400) | ||||
| Income from continuing operations before equity method investments, income taxes: | 184,400 | 323,900 | 121,500 | 20,200 | 44,400 | 280,300 | ||
| Other undisclosed loss from continuing operations before income taxes | (65,200) | (64,200) | ||||||
| Income from continuing operations before income taxes: | 119,200 | 259,700 | 121,500 | 20,200 | 44,400 | 280,300 | ||
| Income tax expense (benefit) | (17,300) | (41,000) | (19,200) | (1,600) | 3,800 | (38,400) | ||
| Net income available to common stockholders, diluted: | 101,900 | 218,700 | 102,300 | 18,600 | 48,200 | 241,900 | ||
Comprehensive Income ($ in thousands)Annual | Quarterly
| 3/31/2025 Q1 | 12/31/2024 Q4 | 9/30/2024 Q3 | 6/30/2024 Q2 | 3/31/2024 Q1 | 12/31/2023 Q4 | 9/30/2023 Q3 | ||
|---|---|---|---|---|---|---|---|---|
| Net income: | 101,900 | 218,700 | 102,300 | 18,600 | 48,200 | 241,900 | ||
| Other comprehensive income | 100 | 100 | 3,900 | 200 | ||||
| Other undisclosed comprehensive income | 4,500 | 4,700 | ||||||
| Comprehensive income: | 106,400 | 218,800 | 102,400 | 22,500 | 52,900 | 242,100 | ||
| Other undisclosed comprehensive loss, net of tax, attributable to parent | (4,100) | (1,800) | ||||||
| Comprehensive income, net of tax, attributable to parent: | 102,300 | 218,800 | 102,400 | 22,500 | 51,100 | 242,100 | ||
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.