Summary of OGE ENERGY CORP.

Results of Operations and Financial Condition, Financial Statements and Exhibits

Item 2.02. Results of Operations and Financial Condition

OGE Energy Corp. (the "Company") is the parent company of Oklahoma Gas and Electric Company ("OG&E"), a regulated electric utility with approximately 776,000 customers in Oklahoma and western Arkansas, and Enogex LLC and its subsidiaries ("Enogex"), a midstream natural gas pipeline business with principal operations in Oklahoma.

On October 30, 2009, the Company issued a press release describing the Company's consolidated financial results for the quarter ended September 30, 2009, which is furnished as Exhibit 99.01 and incorporated herein by reference. As described in the press release, the Company reported earnings of $1.40 per diluted share for the quarter ended September 30, 2009 compared to $1.50 per diluted share for the quarter ended September 30, 2008. Earnings were lower primarily due to a lower gross margin on revenues ("gross margin") in Enogex's gathering and processing segment primarily due to lower commodity prices in the third quarter of 2009. This decrease in earnings was partially offset by continued volume growth at Enogex and a higher gross margin at OG&E primarily due to retail rate increases in 2009, which offset milder weather, higher depreciation and amortization expense and higher operation and maintenance expenses. Also affecting the Company's earnings per share in the third quarter of 2009 was an increase in the number of outstanding shares of the Company's common stock.

OG&E posted earnings of $1.26 per diluted share in the third quarter of 2009 as compared to $1.15 per diluted share in the third quarter of 2008. Enogex posted earnings of $0.18 per diluted share in the third quarter of 2009 as compared to $0.30 per diluted share in the third quarter of 2008. The holding company, including results from its marketing business, posted a loss of $0.04 per diluted share in the third quarter of 2009 as compared to earnings of $0.05 per diluted share in the third quarter of 2008.

Item 9.01. Financial Statements and Exhibits

            (d) Exhibits

            Exhibit Number             Description

               99.01         Press release dated October 30, 2009, announcing OGE Energy
                             Corp. reports 3rd quarter results.