52-week low: $27.96
Company Profile
OGE Energy is a holding company for Oklahoma Gas & Electric, a regulated utility offering electricity generation, transmission, and distribution to more than 800,000 customers in Oklahoma and western Arkansas. OGE Energy also owns a 25.5% limited partner interest and a 50% general partner interest in Enable Midstream Partners, a midstream services business that provides gathering, processing, transporting, and storing of natural gas.
Published: Thursday, May 6, 2021
Oil rig in Okla. Photo credit: AP Photo/Sue Ogrocki
In this June 12, 2017, photo, an oil drilling rig is pictured surrounded by wind turbines near Okarche, Okla. AP Photo/Sue Ogrocki
Reaching President Biden s goal of 100% clean electricity by 2035 would require a massive shift away from fossil fuels across the U.S. including in red states.
As Oklahoma shows, that may not be easy.
The state s natural gas devotion is setting up a potential clash with the White House and environmental groups as Biden eyes climate action through a flurry of executive orders and his $2.2 trillion infrastructure plan.
OGE Energy Corp reports first quarter results streetinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from streetinsider.com Daily Mail and Mail on Sunday newspapers.
Several OU community members described property damage following a Wednesday night hailstorm, featuring flooding and power outages across several areas of Norman.
The National Weather Service said the storm created up to 80 mph winds and baseball-sized hail, and Oklahoma Gas & Electricâs System Watch reported 16 outages with 2,341 customers affected in Norman at 10:50 p.m.
Norman Mayor Breea Clark tweeted a storm advisory announcing the closure of Franklin Road between Porter Avenue and 12th Avenue NE, between 12th Avenue NE and east of 24th Avenue NE, Robinson Street between Porter Avenue and 12th Avenue NE, and Rock Creek Road between 48th Avenue NW and 60th Avenue NW until further notice due to high water.Â
Commissioners approved the request Wednesday, but kept some safeguards in place for Oklahomans.
Vanguard will be required to make quarterly reports on its in-house funds ownership in regulated utilities using the FERC format.
The order approved by commissioners also requires Vanguard to include its in-house funds aggregate investments in ONE Gas (a regulated utility in Oklahoma that doesn’t qualify as such under FERC’s rules).
The order does not eliminate the need for future presumed control rebuttal hearings. The corporation commission’s Public Utility Division or the Oklahoma Attorney General could initiate future cases whenever a perceived need arises.