News Column

Delaney to OGE shareholders: Proud of the many accomplishments for customers and shareholders as highlighted by the Enable IPO

May 30, 2014



By a News Reporter-Staff News Editor at Energy Weekly News -- OGE Energy Corp. (NYSE: OGE) Chairman, President and CEO Pete Delaney told shareholders gathered for the company's annual meeting that 2103 was another year of accomplishment. Increased earnings for OGE in 2013, the recent successful completion of the Enable Midstream IPO, and OGE as winner of the 2013 Edison Award, the industry's most prestigious honor, were among those discussed.

"I'm pleased to report 2013 earnings of $1.94 per share, up 8 percent from our prior record earnings of $1.79 per share in 2012," Delaney said. "The successful completion of the initial public offering for Enable Midstream Partners validates the benefits expected from the combination of Enogex with the CenterPoint Energy midstream business last May."

Delaney also thanked employees for their work that led to the Edison Electric Institute's naming OGE the winner of the Edison Award for distinguished leadership, innovation and the advancement of the electric industry.

At OG&E, growth in the customer base increased last year by almost 9,000 customers and the utility now serves approximately 810,000 customers.

Keywords for this news article include: Oil & Gas, OGE Energy Corp..

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Source: Energy Weekly News


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