OGE ENERGY CORP. OGE Income Statement

Oge energy corp. (OGE)

Income statement / Quarterly

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11	Dec'10	Sep'10	Jun'10	Mar'10	Sep'09	Jun'09
Electric Utility
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	508,900	723,200	573,900	453,700	453,000	721,000	528,000	426,700	445,900	774,800	568,700	422,100	430,100	723,000	512,800	444,000	577,900	425,300
Natural Gas Midstream Operations (Note 1)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	160,300	447,700	409,100	392,400	327,000	414,000	439,300	437,300	409,400	418,400	398,400	402,400	374,400	431,800	267,400	218,800
Revenues from contracts with customers
420,400	457,800	739,200	501,100	477,400	501,600	684,500	547,700	477,900	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other revenues
10,900	14,700	16,200	12,600	12,600	10,200	14,300	19,300	14,800	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
OPERATING REVENUES
Operating revenues
431,300	472,500	755,400	513,700	490,000	511,800	698,800	567,000	492,700	501,900	716,800	586,400	456,000	530,800	743,900	551,400	433,100	447,100	719,800	549,900	480,100	526,200	754,700	611,800	560,400	508,900	723,200	734,200	901,400	862,100	1,113,400	855,000	840,700	885,200	1,212,100	978,100	840,500	828,500	1,125,400	887,200	875,800	845,300	644,100
Electric Utility
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	232,300	273,000	243,600	201,100	195,300	259,800	192,700	183,600	193,300	322,700	242,500	207,500	195,400	299,400	218,900	238,900	223,800	176,400
Natural Gas Midstream Operations (Note 1)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	127,000	351,900	289,200	279,800	216,600	301,700	342,800	335,800	307,600	325,700	302,800	313,200	287,600	331,200	190,300	147,800
COST OF SALES
135,000	161,600	234,000	178,700	212,600	228,900	244,400	208,700	210,500	201,100	255,700	232,100	208,700	234,700	269,800	197,700	177,900	182,700	259,800	210,900	211,600	237,000	305,300	270,900	293,400	232,300	273,000	370,600	553,000	484,500	539,600	409,300	485,300	536,100	658,500	550,100	533,200	498,200	612,600	506,500	570,100	414,100	324,200
Gross margin on revenues
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	573,800	445,700	355,400	-	553,600	428,000	307,300	330,300	512,800	380,700	305,700	431,200	319,900
OPERATING EXPENSES
Other operation and maintenance
120,000	123,200	129,800	119,800	119,000	121,400	123,300	117,200	112,700	112,200	111,900	112,500	122,100	83,500	113,100	127,600	113,900	92,400	109,400	113,200	111,700	107,700	108,100	111,400	112,400	117,000	102,200	122,000	148,000	153,800	147,100	153,000	147,600	148,900	147,400	146,600	138,300	148,800	142,400	135,000	123,600	113,000	105,600
Depreciation and amortization
94,400	94,200	94,100	84,300	82,400	80,800	81,100	80,900	78,800	76,300	76,900	74,700	55,600	81,800	82,200	80,100	78,500	77,900	77,900	76,200	75,900	74,200	71,700	68,300	67,200	65,600	65,400	74,400	91,900	101,300	93,000	90,500	86,600	81,300	77,100	74,700	74,000	76,100	73,700	71,200	70,300	67,200	64,600
Impairment of assets
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	100	200	1,300	5,000	0	0	-	0	-	-	-	1,400
Gain on insurance proceeds
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	7,500	3,000	0	0	0	-	-	-	-	-	-
Taxes other than income
25,600	23,200	23,200	20,900	26,300	22,700	22,700	22,500	24,100	21,000	23,200	21,300	23,900	21,100	21,500	20,100	24,900	22,400	21,900	22,400	24,500	22,200	21,500	19,400	25,600	20,700	21,700	23,300	33,100	25,500	29,700	24,800	30,200	23,700	24,400	24,500	27,100	22,900	22,500	23,000	25,000	21,300	21,900
Operating expenses
240,000	240,600	247,100	225,000	227,700	224,900	227,100	220,600	215,600	209,500	212,000	208,500	201,600	186,400	216,800	227,800	217,300	192,700	209,200	211,800	212,100	204,100	201,300	199,100	205,200	203,300	189,300	219,700	273,000	280,300	269,800	268,400	257,100	252,200	253,900	245,800	239,400	248,900	238,600	229,200	218,900	201,500	-
OPERATING INCOME
56,300	70,300	274,300	110,000	49,700	58,000	227,300	137,700	66,600	91,300	249,100	145,800	45,700	109,700	257,300	125,900	37,900	71,700	250,800	127,200	56,400	85,100	248,100	141,800	61,800	73,300	260,900	143,900	75,400	97,300	304,000	177,300	98,300	96,900	299,700	182,200	67,900	81,400	274,200	151,500	86,800	229,700	126,400
OTHER INCOME (EXPENSE)
Equity in earnings (losses) of unconsolidated affiliates
-746,500	9,100	38,300	35,800	30,700	49,500	40,100	29,300	33,900	32,600	33,600	29,400	35,600	22,300	34,500	16,700	28,300	27,500	-71,900	28,200	31,700	40,700	44,700	39,300	47,900	37,400	46,000	18,500	0	-	0	0	-	-	-	-	-	-	-	-	-	-	0
Interest income
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	200	100	100	0	0	0	0	300	400
Allowance for equity funds used during construction
1,300	800	1,000	1,200	1,500	3,800	6,700	6,300	7,000	12,500	11,800	8,500	6,900	5,000	3,900	3,700	1,600	2,900	2,200	1,700	1,500	1,200	1,100	800	1,100	2,200	1,700	1,500	1,200	1,300	1,300	1,700	1,900	4,300	5,900	5,800	4,400	4,200	2,600	2,300	2,300	5,500	3,900
Other net periodic benefit expense
500	1,100	1,400	300	7,000	100	700	5,200	4,800	11,600	5,800	2,300	1,900	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other income
7,400	5,600	4,600	5,000	6,700	7,500	4,100	4,700	5,400	12,300	15,000	10,300	8,800	7,100	5,700	7,600	5,600	7,600	8,900	5,600	4,900	6,100	7,200	3,100	1,400	6,400	6,200	4,500	14,700	4,800	2,600	2,500	7,700	8,700	-2,200	7,000	6,300	6,600	600	3,400	3,100	7,000	6,500
Other expense
6,100	7,900	5,500	4,400	5,700	12,300	3,400	3,300	4,400	4,800	2,000	3,200	4,100	6,100	3,300	5,800	1,700	5,800	5,300	2,200	1,000	3,200	5,800	2,100	3,300	6,300	5,200	4,200	6,500	5,400	5,600	3,600	1,900	9,500	6,400	3,500	2,300	7,800	2,700	5,000	2,400	3,900	2,700
Net other income (expense)
-744,400	6,500	37,000	37,300	26,200	48,400	46,800	31,800	37,100	41,000	52,600	42,700	45,300	800	40,800	22,200	33,800	7,300	-66,100	33,300	37,100	44,800	47,200	41,100	47,100	39,700	48,700	20,300	9,400	700	-1,700	600	7,700	3,100	-2,500	9,400	8,500	3,000	500	700	3,000	8,900	8,100
INTEREST EXPENSE
Interest on long-term debt
36,600	36,400	37,500	31,800	32,600	37,900	40,200	39,700	39,600	39,800	38,700	39,200	35,900	35,900	35,800	35,700	35,800	36,900	37,000	37,000	36,900	35,400	36,300	37,800	35,100	34,900	35,000	36,000	39,700	40,600	40,200	38,900	39,200	37,500	37,400	35,800	35,400	36,000	36,300	33,400	33,600	37,300	31,900
Allowance for borrowed funds used during construction
500	600	600	600	1,000	1,900	3,300	2,800	3,700	5,400	5,200	4,100	3,300	2,800	2,000	1,800	900	1,500	1,100	800	800	700	600	500	600	3,900	900	-700	-700	6,300	-800	-900	-1,100	-2,300	-2,900	-2,900	-2,300	-2,000	-1,300	-1,000	-1,200	-2,900	-1,900
Interest on short-term debt and other interest charges
2,200	2,000	2,700	4,700	3,000	1,800	1,800	4,000	2,700	1,400	2,400	2,000	2,400	1,300	1,600	2,100	1,400	1,200	1,100	1,800	1,300	1,200	1,500	2,100	1,400	1,500	-400	2,000	2,200	2,100	2,200	2,400	2,000	1,600	1,000	1,600	1,000	1,200	1,400	1,600	1,700	2,300	1,700
Interest expense
38,300	37,800	39,600	35,900	34,600	37,800	38,700	40,900	38,600	35,800	35,900	37,100	35,000	34,400	35,400	36,000	36,300	36,600	37,000	38,000	37,400	35,900	37,200	39,400	35,900	35,300	33,700	37,300	41,200	42,000	41,600	40,400	40,100	36,800	35,500	34,500	34,100	35,200	36,400	34,000	34,100	36,700	31,700
INCOME (LOSS) BEFORE TAXES
-726,400	39,000	271,700	111,400	41,300	68,600	235,400	128,600	65,100	96,500	265,800	151,400	56,000	76,100	262,700	112,100	35,400	42,400	147,700	122,500	56,100	94,000	258,100	143,500	73,000	77,700	275,900	126,900	43,600	56,000	260,700	137,500	65,900	63,200	261,700	157,100	42,300	49,200	238,300	118,200	55,700	201,900	102,800
INCOME TAX BENEFIT
-234,600	3,600	20,800	11,200	-5,800	13,900	30,300	17,900	10,100	-198,300	82,400	46,600	20,000	18,200	79,100	40,600	10,200	13,000	36,500	35,000	12,900	35,600	70,800	42,700	23,700	20,100	60,700	33,900	15,600	12,500	68,300	35,900	18,400	20,000	80,300	47,800	12,600	15,400	74,800	40,300	30,500	64,400	31,900
NET INCOME
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	43,200	-	-	-	-	57,600	215,200	93,000	28,000	43,500	192,400	101,600	47,500	43,200	181,400	109,300	29,700	33,800	163,500	77,900	25,200	137,500	70,900
Less: Net income attributable to noncontrolling interests
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	1,300	4,900	5,000	6,900	7,700	10,400	6,800	2,700	6,300	4,900	3,100	400	600	1,000	700	400
NET INCOME (LOSS)
-491,800	-	250,900	100,200	47,100	-	205,100	110,700	55,000	-	183,400	104,800	36,000	-	183,600	71,500	25,200	-	111,200	87,500	-	-	187,300	100,800	49,300	57,600	215,200	91,700	23,100	38,500	185,500	93,900	37,100	36,400	178,700	103,000	24,800	30,700	163,100	77,300	24,200	136,800	70,500
BASIC AVERAGE COMMON SHARES OUTSTANDING
200,200	200,100	200,200	200,200	199,900	199,700	199,700	199,700	199,700	199,700	199,700	199,700	199,700	199,700	199,700	199,700	199,700	199,600	199,700	199,600	199,500	199,500	199,300	199,200	198,800	198,300	198,400	198,300	197,800	295,500	197,400	197,200	98,300	489,500	98,000	98,000	97,700	194,499	97,400	97,300	0	96,700	96,500
DILUTED AVERAGE COMMON SHARES OUTSTANDING
200,200	200,900	200,800	200,600	200,500	200,700	200,600	200,500	200,200	200,000	200,100	199,900	200,000	200,200	199,900	199,800	199,700	199,600	199,700	199,600	199,500	199,900	200,200	200,000	199,500	199,700	199,700	199,400	198,800	297,500	198,300	197,800	98,800	496,300	99,300	99,300	99,100	197,899	99,000	98,700	0	97,700	97,500
BASIC EARNINGS (LOSS) PER AVERAGE COMMON SHARE
-2.46	0.18	1.25	0.50	0.24	0.27	1.03	0.55	0.28	1.48	0.92	0.52	0.18	0.29	0.92	0.35	0.13	0.15	0.55	0.44	0.22	0.29	0.94	0.51	0.25	0.30	1.08	0.46	0.12	0.00	0.94	0.48	0.38	-1.37	1.82	1.05	0.25	0.32	1.67	0.79	0.25	1.42	0.73
DILUTED EARNINGS (LOSS) PER AVERAGE COMMON SHARE
-2.46	0.17	1.25	0.50	0.24	0.28	1.02	0.55	0.27	1.48	0.92	0.52	0.18	0.29	0.92	0.35	0.13	0.15	0.55	0.44	0.22	0.29	0.94	0.50	0.25	0.28	1.08	0.46	0.12	0.00	0.94	0.47	0.38	-1.36	1.80	1.04	0.25	0.31	1.65	0.78	0.25	1.40	0.72
DIVIDENDS DECLARED PER COMMON SHARE
-	-	-	-	-	-	-	-	-	0.33	0.33	0.30	0.30	0.30	0.30	0.27	0.27	0.27	0.27	0.25	0.25	0.25	0.25	0.22	0.22	0.22	0.20	0.20	0.20	0.01	0.19	0.19	0.39	-0.36	0.37	0.37	0.37	0.37	0.36	0.36	0.36	0.35	0.35