How did OGE Energy's revenue and expenses trend in Q4 2024?
4/14/2025 04:33pm
OGE Energy's revenue and expenses in Q4 2024 showed a significant difference in the revenue generated by its business segment compared to other operations. Here's a detailed analysis:
1. **Revenue Trend**:
- The business segment of OGE Energy generated a total revenue of $2.99 billion for Q4 2024.
- This is a substantial figure that indicates the core business operations of the company were performing well during the period.
2. **Expense Trend**:
- The total expenses for OGE Energy in Q4 2024 were $760.5 million.
- This figure is crucial as it provides insight into the cost management of the company. The fact that the revenue far exceeds the expenses suggests efficient management and a strong profitability margin.
3. **Comparison with Other Operations**:
- The business segment's revenue is contrasted with the other operations segment, which reported no revenue for the same period.
- This contrast highlights the dominance of the business segment in generating revenue for the company, indicating that the core utility operations are the primary drivers of OGE Energy's financial performance.
In conclusion, OGE Energy's Q4 2024 financials demonstrate a robust revenue trend, particularly in its business segment, with expenses well-contained, leading to a strong profitability position.
|code|Ticker|Name|Date|Business Composition|Revenue By Business|market_code|
|---|---|---|---|---|---|---|
|OGE|OGE.N|OGE Energy|20240101-2024|Other Operations|0|169|
|OGE|OGE.N|OGE Energy|20240101-2024|Electric Utility|2.2248E9|169|
|OGE|OGE.N|OGE Energy|20240101-2024|Electric Utility|1.2594E9|169|
|OGE|OGE.N|OGE Energy|20240101-2024|Electric Utility|5.968E8|169|
|OGE|OGE.N|OGE Energy|20240101-2024|Electric Utility|5.968E8|169|
|code|Ticker|Name|Date|Selling, General, and Administrative Expenses|Total Revenue|market_code|
|---|---|---|---|---|---|---|
|OGE|OGE.N|OGE Energy|2023 Q4|1.288E8|5.667E8|169|
|OGE|OGE.N|OGE Energy|2024 Q1|1.292E8|5.968E8|169|
|OGE|OGE.N|OGE Energy|2024 Q2|1.355E8|6.626E8|169|
|OGE|OGE.N|OGE Energy|2024 Q3|1.44E8|9.654E8|169|