OGE Energy (OGE) Financials

OGE Energy Corp (OGE) is a publicly traded energy company based in Oklahoma City. The company's financial statements provide valuable insights into its performance and financial health. Let's take a look at OGE's income statement, which shows the company's revenues, expenses, and net income. In the latest fiscal year, OGE reported a total revenue of $2.1 billion. The company's gross profit, which is calculated by subtracting the cost of goods sold from total revenue, amounted to $1.3 billion. After deducting operating expenses and taxes, OGE's net income from stockholders was $400 million. These numbers indicate a strong financial performance for the company.

Moving on to OGE's balance sheet, we can see the company's assets, liabilities, and stockholders' equity. OGE's total assets stood at $10 billion, with a significant portion attributed to property, plants, and equipment. The company's total debt amounted to $5 billion, while its total liabilities reached $7 billion. On the other hand, OGE's stockholders' equity, which represents the company's net worth, was $3 billion. This demonstrates a healthy financial position for OGE Energy Corp.

In terms of cash flow, OGE Energy Corp utilizes its cash equivalents and generates operating, financing, and investing cash flows. The company's cash equivalents provide readily available funds for various purposes, such as covering short-term obligations or making investments. OGE's operating cash flow, which indicates the cash generated from its core business operations, was $800 million. The company also generated financing cash flow of $200 million, primarily through debt and equity financing activities. Additionally, OGE's investing cash flow reflected a net outflow of $500 million, mainly due to capital expenditures.

One important measure to evaluate OGE's financial stability is net debt, which represents the difference between a company's total debt and its cash equivalents. OGE Energy Corp had a net debt of $4.8 billion, indicating a moderate level of debt. However, this is balanced by the company's stockholders' equity and its ability to generate positive free cash flow. The company's free cash flow, which represents the cash left after deducting capital expenditures from operating cash flow, was $300 million. This demonstrates OGE's ability to generate surplus cash even after investing in its operations.

In summary, OGE Energy Corp's financials paint a positive picture of the company's performance and financial health. With strong revenues, gross profit, and net income, the company demonstrates its ability to generate profits. Moreover, OGE's balance sheet reveals a healthy financial position, with significant assets and equity. Although the company carries a moderate level of debt, its net debt is manageable, and it generates positive free cash flow. Overall, OGE Energy Corp is a financially stable energy company with favorable financial indicators.