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OGE Energy's CEO Discusses Q4 2011 Results - Earnings Call Transcript

OGE Energy Corp. ( OGE)

Q4 2011 Earnings Call

February 16, 2012 9:00 a.m. ET

Executives

Peter Delaney - Chairman and Chief Executive Officer

Sean Trauschke - Vice President and Chief Financial Officer

Todd Tidwell - Director of Investor Relations

Keith Mitchell - President, Enogex

Analysts

Ashar Khan - Visium Asset Management

Anthony Crowdell - Jefferies & Company

Greg Reiss - Catapult Capital Management

Brian Russo - Ladenburg Thalmann

Andrew Bischof - Morningstar

Stephen Huang - Carlson Capital

Craig Shere - Tuohy Brothers

James Dobson - Wunderlich Securities

Presentation

Operator

Good day, ladies and gentlemen, and welcome to the OGE Energy Corp. Fourth Quarter Earnings Conference Call hosted by Todd Tidwell. My name Mamod and I am the event coordinator today. During the presentation your lines will remain on listen-only. (Operator Instructions) I would like to advise all parties that this conference is being recorded. And now, I would like to hand the call over to Todd Tidwell. Over to you sir.

Todd Tidwell

Thank you and good morning, everyone, and welcome to OGE Energy Corp’s fourth quarter 2011 earnings call. I am Todd Tidwell, Director of Investor Relations, and with me today I have Pete Delaney, Chairman, President and CEO of OGE Energy Corp.; Sean Trauschke, Vice President and CFO of OGE Energy Corp.; and several other members of the management team to address any questions that you may have.

In terms of the call today, we will first hear from Pete, followed by an explanation from Sean of fourth quarter and the year ending 2011 results. And finally, as always, we will answer your questions. Historically, we have provide earnings guidance for the current year on the fourth quarter call. However, due to the Oklahoma rate case we are going to wait until we receive the final commission order before releasing OGE’s consolidated 2012 guidance. But we will provide Enogex’s 2012 guidance. We expect the final Oklahoma rate orders sometime in March and we will provide consolidated guidance at that time.

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