OGE ENERGY CORP. OGE Income Statement

Oge energy corp. (OGE)

Income statement / TTM

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
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	2,259	2,203	2,201	2,155	2,128	2,121	2,175	2,216	2,211	2,195	2,143	2,088	2,109	2,257	1,960	0	0	0
Natural Gas Midstream Operations (Note 1)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	608	1,017	1,409	1,576	1,542	1,572	1,617	1,700	1,704	1,663	1,628	1,593	1,607	1,476	1,292	0	0	0
Revenues from contracts with customers
2,118	2,175	2,219	2,164	2,211	2,211	1,710	1,025	477	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other revenues
54	56	51	49	56	58	48	34	14	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
OPERATING REVENUES
Operating revenues
2,172	2,231	2,270	2,214	2,267	2,270	2,260	2,278	2,297	2,261	2,290	2,317	2,282	2,259	2,175	2,151	2,149	2,196	2,276	2,310	2,372	2,453	2,435	2,404	2,526	2,867	3,220	3,611	3,731	3,671	3,694	3,793	3,916	3,915	3,859	3,772	3,681	3,716	3,733	3,252	0	0	0
Electric Utility
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	950	913	899	848	831	829	892	942	966	968	944	921	952	981	858	0	0	0
Natural Gas Midstream Operations (Note 1)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	478	768	1,047	1,137	1,087	1,140	1,196	1,287	1,311	1,271	1,249	1,229	1,234	1,122	956	0	0	0
COST OF SALES
709	786	854	864	894	892	864	876	899	897	931	945	910	880	828	818	831	865	919	964	1,024	1,106	1,101	1,069	1,169	1,428	1,681	1,947	1,986	1,918	1,970	2,089	2,230	2,277	2,240	2,194	2,150	2,187	2,103	1,814	0	0	0
Gross margin on revenues
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	1,619	1,578	1,531	1,529	1,630	1,437	0	0	0
OPERATING EXPENSES
Other operation and maintenance
492	491	490	483	480	474	465	454	449	458	430	431	446	438	447	443	428	426	442	440	438	439	448	443	453	489	526	570	601	601	596	596	590	581	581	576	564	549	514	477	0	0	0
Depreciation and amortization
367	355	341	328	325	321	317	312	306	283	289	294	299	322	318	314	310	307	304	298	290	281	272	266	272	297	333	360	376	371	351	335	319	307	301	298	295	291	282	273	0	0	0
Impairment of assets
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1	6	6	6	5	0	0	-	0	-	-	-	0
Gain on insurance proceeds
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	7	10	10	10	3	0	0	0	-	-	-	-	-	-
Taxes other than income
92	93	93	92	94	92	90	90	89	89	89	87	86	87	88	89	91	91	91	90	87	88	87	87	91	98	103	111	113	110	108	103	102	99	98	97	95	93	91	91	0	0	0
Operating expenses
952	940	924	904	900	888	872	857	845	831	808	813	832	848	854	847	831	825	837	829	816	809	808	796	817	885	962	1,042	1,091	1,075	1,047	1,031	1,009	991	988	972	956	935	888	0	0	0	-
OPERATING INCOME
510	504	492	445	472	489	522	544	552	531	550	558	538	530	492	486	487	506	519	516	531	536	525	537	539	553	577	620	654	676	676	672	677	646	631	605	575	593	742	594	0	0	0
OTHER INCOME (EXPENSE)
Equity in earnings (losses) of unconsolidated affiliates
-663	113	154	156	149	152	135	129	129	131	120	121	109	101	107	0	12	15	28	145	156	172	169	170	149	101	64	18	0	-	0	0	-	-	-	-	-	-	-	-	-	-	0
Interest income
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	0	0	0	0	0	0	0	0	0
Allowance for equity funds used during construction
4	4	7	13	18	23	32	37	39	39	32	24	19	14	12	10	8	8	6	5	4	4	5	5	6	6	5	5	5	6	9	13	17	20	20	17	13	11	12	14	0	0	0
Other net periodic benefit expense
3	9	8	8	13	10	22	27	24	21	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other income
22	21	23	23	23	21	26	37	43	46	41	31	29	26	26	29	27	27	25	23	21	17	18	17	18	31	30	26	24	17	21	16	21	19	17	20	16	13	14	20	0	0	0
Other expense
23	23	27	25	24	23	15	14	14	14	15	16	19	16	16	18	15	14	11	12	12	14	17	16	19	22	21	21	21	16	20	21	21	21	20	16	17	17	14	14	0	0	0
Net other income (expense)
-663	107	148	158	153	164	156	162	173	181	141	129	109	97	104	-2	8	11	49	162	170	180	175	176	155	118	79	28	9	7	9	8	17	18	18	21	12	7	13	20	0	0	0
INTEREST EXPENSE
Interest on long-term debt
142	138	139	142	150	157	159	157	157	153	149	146	143	143	144	145	146	147	146	145	146	144	144	142	141	145	151	156	159	158	155	153	149	146	144	143	141	139	140	136	0	0	0
Allowance for borrowed funds used during construction
2	2	4	6	9	11	15	17	18	18	15	12	9	7	6	5	4	4	3	2	2	2	5	5	4	3	5	4	3	3	-5	-7	-9	-10	-10	-8	-6	-5	-6	-7	0	0	0
Interest on short-term debt and other interest charges
11	12	12	11	10	10	9	10	8	8	8	7	7	6	6	5	5	5	5	5	6	6	6	4	4	5	5	8	8	8	8	7	6	5	4	5	5	5	7	7	0	0	0
Interest expense
151	147	147	147	152	156	154	151	147	143	142	141	140	142	144	145	147	149	148	148	149	148	147	144	142	147	154	162	165	164	158	152	146	140	139	140	139	139	141	136	0	0	0
INCOME (LOSS) BEFORE TAXES
-304	463	493	456	473	497	525	556	578	569	549	546	506	486	452	337	348	368	420	530	551	568	552	570	553	524	502	487	497	520	527	528	547	524	510	486	448	461	614	478	0	0	0
INCOME TAX BENEFIT
-199	29	40	49	56	72	-140	-87	-59	-49	167	163	157	148	142	100	94	97	120	154	162	172	157	147	138	130	122	130	132	135	142	154	166	160	156	150	143	161	210	167	0	0	0
NET INCOME
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	393	379	356	365	385	384	373	381	363	354	336	304	300	404	311	0	0	0
Less: Net income attributable to noncontrolling interests
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	6	11	18	24	30	31	27	26	20	17	14	9	5	2	2	0	0	0
NET INCOME (LOSS)
0	-	0	0	0	-	0	0	0	-	0	0	0	-	0	0	0	-	0	0	-	-	395	422	413	387	368	338	341	355	352	346	355	342	337	321	295	295	401	308	0	0	0
BASIC AVERAGE COMMON SHARES OUTSTANDING
200	200	200	200	199	199	199	199	199	199	199	199	199	199	199	199	199	199	199	199	199	199	199	199	198	198	198	198	197	295	197	197	98	489	98	98	97	194	97	97	0	96	96
DILUTED AVERAGE COMMON SHARES OUTSTANDING
200	200	200	200	200	200	200	200	200	200	200	199	200	200	199	199	199	199	199	199	199	199	200	200	199	199	199	199	198	297	198	197	98	496	99	99	99	197	99	98	0	97	97
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