One year after an ice storm knocked out power to a half million homes and businesses in Oklahoma, utilities are taking steps to minimize the impact should a similar storm hit the state again.
Company expresses confidence in its business planOKLAHOMA CITY, Dec. 3 /PRNewswire-FirstCall/ -- OGE Energy Corp. (NYSE: OGE) announced today that its Board of Directors has approved an increase in
OKLAHOMA CITY (AP) - One year after an ice storm knocked out power to a half million homes and businesses in Oklahoma, utilities are taking steps to minimize the impact should a similar storm hit the state again.
Oklahoma is a land of innovation. After all, the first parking meter came out of this state. Today Oklahoma is a top producer of automobiles and planes. Centrally located, mild temperatures and low cost of living make Oklahoma a very attractive state. Here are some interesting facts about Oklahoma:
Oklahoma’s top exports are pumps for liquids, and liquid elevators.
Oklahoma offers an incentive program for new employers generating employment within the state. Its quality jobs program pays up to 5% of the total payroll expense for up to ten years.
The cost of doing business in Oklahoma is the tenth...
One way to analyze electric utility stocks is to look at what types of fuel they use to run their generators, and how much exposure to oil and natural gas that they have. If you believe the price of oil and gas has peaked and will continue to drop, then it may be time to take a close look at the electric utility stocks with the highest usage of these fuels.
Pinnacle West Capital Corp. (PNW) has one of the heaviest exposures, with 24% of their electric energy coming from oil and natural gas. About 35%...
Stockerblog submits: On Wednesday, I wrote an article about the effect of the price of oil on certain utility stocks. Today, I am writing about how coal can have a similar effect on a much larger group of utilities.
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As you can see from the chart, courtesy of the Energy Information Administration Division of the U. S. Department of Energy, the NYMEX price of Central Appalachian Coal Futures is the lowest it's been in the last three years. You will notice that the tiny orange line on...
Rob Zenilman submits: Year over year trailing 12 month net income growth for stocks covered in the Utility sector ranged from 5,960.0% (OGE) down to -48.5% (LNT), with a median value of -48.5%.
Rob Zenilman submits: Year over year quarterly earnings growth of stocks covered in the Utility sector ranged from 5,960.0% (OGE) down to -62.9% (PNW), with a median value of -62.9%.
Rob Zenilman submits: Year over year annual revenue growth of stocks covered in the Utility sector ranged from 207.6% (KMI) down to -25.8% (SPI), with a median value of -25.8%.
LOS ANGELES, Dec 3 (Reuters) - The US Federal Energy Regulatory Commission has approved rate incentives for two power transmission projects that would transit wind power, FERC said on Wednesday ...
Interactive Investor Trading Limited, trading as "Interactive Investor", is authorised and regulated by the Financial Services Authority. Registered Office: Standon House, 21 Mansell Street ...
OKLAHOMA CITY , Dec. 3 /PRNewswire-FirstCall/ -- OGE Energy Corp. (NYSE: OGE) announced today that its Board of Directors has approved an increase in the company's annual dividend to $1.42 per ...
Datamonitor´s OGE Energy Corp - SWOT Analysis company profile is the essential source for top-level company data and information. The report examines the company?s key business structure and ...
NEW YORK, Nov 14 (Reuters) - A natural gas pipeline was shut early Friday after an explosion in Grady County, Oklahoma, that injured one person and destroyed three homes, a spokesman for the ...
OGE Energy Corp Company Profile is the essential source for top-level company data and information. The report examines the company?s key business structure and operations, history and products ...
OGE Energy Corp´s strategy is to diversify its gas gathering, processing,and transportation businesses, principally by expanding into other geographic areas.It also aims to continue maintaining a ...
OGE Energy Corp. on Friday reported a 10.2-percent increase in net income for the third quarter. The earnings gain for the quarter was primarily from increased gross margins at Enogex, a natural ...
Nov 01, 2008 (Tulsa World - McClatchy-Tribune Information Services via COMTEX) -- OGE | Quote | Chart | News | PowerRating -- OGE Energy Corp.'s third-quarter net income rose by more than 10 ...
Shares of refiners rebound from big losses in the previous session, with lower oil prices and debate over the government’s proposed bailout on the radar.
LONDON (MarketWatch) -- Oklahoma City-based OGE Energy Corp. and Dallas-based Energy Transfer Partners announced an agreement Tuesday to form a joint venture combining OGE's Enogex midstream business with ETP's interstate and midstream operations in the Rocky Mountains. The agreement requires the companies, which will share ownership and management of the venture on a 50-50 basis, to facilitate an initial public offering of ETP Enogex Partners after the transaction closes. The companies said OGE will contribute to ETP Enogex Partners 100% of its ownership interest in Enogex LLC and ETP will contribute 100% of its ownership interests in Transwestern...
LONDON (MarketWatch) -- OGE Energy on Thursday said second-quarter net income fell to $57.1 million, or 62 cents a share, from $62.6 million, or 68 cents a share, a year ago. The results include a six-cent a share charge tied to a proposed regulatory settlement regarding a canceled power plant project and a December 2007 ice storm, the Oklahoma City-based firm said. A FactSet Research survey of analysts produced a consensus forecast of 68 cents a share. OGE boosted its earnings guidance for 2008 to a range of $2.50 to $2.70 a share, citing expectations for increased earnings at...
NEW YORK (MarketWatch) -- Pinnacle West Capital Corp. on Monday announced the appointment of James Hatfield as chief financial officer of Pinnacle West and Arizona Public Service Company, effective July 14. Hatfield comes to Pinnacle West from OGE Energy Corp., the parent company of Oklahoma Gas and Electric Company. Pinnacle shares fell 1.5% Friday to $32.12.
NEW YORK (MarketWatch) -- OGE Energy Corp. said Friday that
Chief Financial Officer James Hatfield will resign his position effective July 11. Controller and Chief Accounting Officer Scott Forbes will serve as interim CFO pending board approval until a permanent replacement is named.
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