Overview
OGE Energy Corp. is an energy holding company whose primary business is OG&E, a regulated electric utility. OG&E generates, transmits, distributes, and sells electricity, serving customers in Oklahoma and western Arkansas; the company’s business is principally regional rather than global.[1][2]
OGE Energy reported $3.26 billion in consolidated operating revenue for 2025. OG&E’s 2024 stewardship report describes a service area of about 30,000 square miles and approximately 910,000 customers; OGE Energy’s reported employee count was 2,291 full-time employees in 2024.[3][2]
OG&E describes its purpose as energizing life through products and services that sustain and enhance life while strengthening the communities it serves. OG&E was incorporated in 1902 in the Oklahoma Territory, a milestone that anchors the company’s identity as a long-standing regional electric utility.[4][5] [1][3][2][4][5]
Products & services
OGE Energy’s utility subsidiary, OG&E, provides electric service by generating, transmitting, distributing and selling electricity in Oklahoma and western Arkansas. Its generation portfolio has 6,440 MW of capability excluding renewable resources and includes gas-, coal- and dual-fuel steam units, gas combustion turbines and gas combined-cycle plants.[6][7] The company does not provide retail natural-gas service; OG&E sold that business in 1928.[8]
Customer offerings include SmartHours time-of-use electricity plans, with SmartHours Daily’s summer weekday on-peak period from 2–7 p.m. and off-peak pricing at other summer hours, weekends and holidays; OG&E also lists fixed and overnight plan options, including EV-oriented options.[9][10] Through its Solar Power Program, customers can subscribe in 10% increments for up to 50% of annual energy use to receive solar-farm-generated electricity without installing rooftop panels.[11][12] Its Wind Power option uses renewable energy credits, with one REC representing 1,000 kWh.[13]
OG&E also offers residential energy assessments and efficiency upgrades, including assistance of up to $3,000 for eligible income-qualified customers, and business services such as rate-plan guidance, SmartHours, energy insights and efficiency rebates.[14][15] The available filings describe the electric utility segment and generation capacity but do not provide revenue or performance percentages for individual rate plans or renewable and efficiency programs.[6][7] [6][7][8][9][10][11][12][13][14][15][9][10][11][12][13][14][15]
Geographic presence
OG&E’s electric service territory covers approximately 30,000 square miles in Oklahoma and western Arkansas, serving about 913,000 retail customers. Its service area includes Oklahoma City, Fort Smith, other large communities, and surrounding rural and suburban areas. In 2025, 92% of OG&E’s electric operating revenues came from Oklahoma and 8% from Arkansas.[16]
OG&E’s generating facilities include sites across Oklahoma, such as Crossroads in Canton, Centennial in Laverne, OU Spirit in Woodward, Mustang in Oklahoma City, and facilities in Durant and Davis; its Branch renewable facility is in Arkansas.[17] The company is headquartered in Oklahoma City.[18] [16][17][18][18]
Business segments
OGE Energy reports one reportable segment, the Electric Company, which generates, transmits, distributes and sells electricity in Oklahoma and western Arkansas. In FY2025, the segment recorded $3,260.1 million in operating revenue—approximately 100% of consolidated operating revenue—and $499.8 million in net income.[8][19][20]
Other Operations is shown separately in supplemental segment results, but is not identified as a separate reportable segment; it primarily includes the holding company and other energy-related investments. In 2025 it recorded a $29.1 million net loss, compared with consolidated net income of $470.7 million. Thus, the Electric Company contributed about 106% of consolidated net income and Other Operations about −6%, reflecting the latter’s loss.[19][20][21] [8][19][20][21]
Company history
OG&E’s roots date to Oklahoma’s early electrification, and the company was incorporated on February 27, 1902. It expanded into northwest Arkansas in the mid-1920s and became Oklahoma’s largest electric provider by 1928. In 1949, OG&E became the first U.S. company to generate electricity using gas turbines combined with steam turbines.[22][5][23]
OG&E acquired natural-gas pipeline and energy-marketing company Enogex in 1986; in 1997, OGE Energy Corp. became the holding company for OG&E and Enogex. In 2013, OGE Energy joined CenterPoint Energy and ArcLight in forming Enable Midstream Partners, contributing Enogex to the partnership. After Enable merged with Energy Transfer in 2021, OGE Energy sold the units it received and reported that it had fully exited natural-gas midstream operations in 2022.[5][24][25][26] [22][5][23][24][25][26]
Sources
- OGE ENERGY CORP. — Full financial report (2025 Y)
- www.oge.com[2]
- www.oge.com[4]
- www.oge.com[5]
- OGE ENERGY CORP. — Full financial report (2026 Q 2)[6]
- www.oge.com[9]
- www.oge.com[10]
- www.oge.com[11]
- www.oge.com[12]
- www.oge.com[13]
- www.oge.com[14]
- www.oge.com[15]
- oasis.oge.com[18]
- www.okhistory.org[22]
- www.asme.org[23]
- www.sec.gov[24]
- ogeenergy.gcs-web.com[25]
- www.oge.com[26]
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