| Business Summary | | OGE
Energy
Corp.
serves
as
the
parent
holding
company
to
its
two
primary
subsidiaries,
Oklahoma
Gas
and
Electric
Company
(OG&E)
and
Enogex
Inc.
(Enogex).
OG&E
is
a
regulated
public
utility
engaged
in
the
generation,
transmission
and
distribution
of
electricity
to
retail
and
wholesale
customers.
Enogex
owns
and
operates
approximately
9,700
miles
of
natural
gas
transmission
and
gathering
pipelines,
has
interests
in
13
gas
processing
plants,
markets
electricity,
natural
gas
and
natural
gas
liquids
and
invests
in
the
drilling
for
and
production
of
crude
oil
and
natural
gas. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | OGE
is
a
holding
company
for
Oklahoma
Gas
and
Electric
Co.
(generates,
transmits
and
distributes
electricity),
Enogex
Inc.
(involved
in
natural
gas
activities),
and
OGE
Energy,
Capital
Trust
I.
For
the
six
months
ended
6/30/01,
revenues
rose
38%
to
$1.81
billion.
Net
income
fell
70%
to
$9.8
million.
Results
reflect
increased
sales
from
warmer
weather
and
higher
customer
demand,
offset
by
increases
in
costs
at
Enogex,
bad
debt
expense,
and
employee
labor
and
benefit
costs. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Steven Moore, 54 Chairman,
Pres, CEO | $1.2M | James Hatfield, 43 CFO,
Sr. VP | 393K | Roger Farrell, 48 Pres
and CEO - Enogex Inc. | 447K | Al Strecker, 57 Exec.
VP and COO | 653K | Jack Coffman, 57 Sr.
VP, Power Supply - OG&E | 365K | Dollar amounts are as of 31-Dec-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|