UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
FORM 8-K
CURRENT REPORT PURSUANT
TO SECTION 13 OR 15(D) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of report (Date of earliest event reported) | April 1, 2020 | |||||||||||||||||||||||||
OGE ENERGY CORP. | ||||||||||||||||||||||||||
(Exact Name of Registrant as Specified in Its Charter) | ||||||||||||||||||||||||||
Oklahoma | ||||||||||||||||||||||||||
(State or Other Jurisdiction of Incorporation) | ||||||||||||||||||||||||||
1-12579 | 73-1481638 | |||||||||||||||||||||||||
(Commission File Number) | (IRS Employer Identification No.) | |||||||||||||||||||||||||
321 North Harvey | P.O. Box 321 | Oklahoma City | Oklahoma | 73101-0321 | ||||||||||||||||||||||
(Address of Principal Executive Offices) | (Zip Code) |
(405) 553-3000
(Registrant's telephone number, including area code)
Not Applicable | ||||||||||||||||||||||||||
(Former Name or Former Address, if Changed Since Last Report) |
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
☐ | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) | ||||
☐ | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) | ||||
☐ | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) | ||||
☐ | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Securities registered pursuant to Section 12(b) of the Act:
Title of each class | Trading Symbol(s) | Name of each exchange on which registered | ||||||
Common Stock | OGE | New York Stock Exchange |
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2).
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item 8.01. Other Events
OGE Energy Corp. (the "Company") is the parent company of Oklahoma Gas and Electric Company, a regulated electric utility with approximately 858,000 customers in Oklahoma and western Arkansas. In addition, the Company holds a 25.5 percent limited partner interest and a 50 percent general partner interest in Enable Midstream Partners, LP ("Enable").
On April 1, 2020, Enable announced actions it has taken to strengthen its balance sheet and increase its annualized retained cash flow by approximately $450 million. The Company expects distributions of approximately $18 million for the upcoming quarter and does not expect any changes to its operations, nor does the Company foresee the need to access the equity markets as a result of this action. For further information, see the press release attached as Exhibit 99.01.
Item 9.01. Financial Statements and Exhibits
(d) Exhibits | ||||||||
Exhibit Number | Description | |||||||
99.01 | ||||||||
104 | Cover Page Interactive Data File - the cover page XBRL tags are embedded within the Inline XBRL document. |
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.
OGE ENERGY CORP. | |||||
(Registrant) | |||||
By: | /s/ Sarah R. Stafford | ||||
Sarah R. Stafford | |||||
Controller and Chief Accounting Officer | |||||
April 1, 2020