Good day, ladies and gentlemen, and welcome to the Third Quarter OGE Energy Corp. Conference Call. My name is Allyson and I will be your operator for today. At this time, all participants are in listen-only mode. We will conduct a question-and-answer session towards the end of the conference. (Operator Instructions) As a reminder, this call is being recorded for replay purposes. I would now like to turn the call over to Todd Tidwell, Director of Investor Relations for OGE Energy Corp. Please go ahead, sir.

Thank you, Allyson. Good morning everyone and welcome to OGE Energy Corp.’s third quarter 2013 earnings call. I’m Todd Tidwell, Director of Investor Relations, and with me today I have Pete Delaney, Chairman and CEO of OGE Energy Corp.; and Sean Trauschke, President of OG&E and CFO of OGE Energy Corp. In terms of the call today, we will first hear from Pete, followed by an explanation from Sean of third quarter results, and finally as always, we will answer your questions. I would like to remind you that this conference is being webcast and you may follow along on our website at oge.com. In addition, the conference call and accompanying slides will be archived following the call on that same website. Before we begin the presentation, I would like to direct your attention to the Safe Harbor statement regarding forward-looking statements. This is an SEC requirement for financial statements and simply states that we cannot guarantee forward-looking financial results, but this is our best estimate to date. As a reminder, since the midstream partnership plans to pursue an IPO, we are limited by SEC regulations on the details we can provide you until the S-1 is filed. I'd also like to remind you that the presentation of our results reflects the 2-for-1 stock split which was effective July 1 of this year. I will now turn the call over to Pete Delaney for his opening comments. Pete?

Thanks Todd. Good morning and thank you for joining us. This morning we reported third quarter 2013 earnings of $1.08 per share compared to $0.94 per share in 2012. Our earnings were up primarily due to our interest in the Enable midstream partnership. Sean will discuss Enable's contribution in more detail in a minute. But due to the higher earnings at the midstream business, we are increasing our consolidated 2013 earnings guidance to $1.80 to $1.90 per average diluted share. Our 2013 guidance for the utility remains unchanged. Earnings at utility were up slightly for the quarter, in line with our expectations. The increased earnings at utility continued to be driven by our larger FERC jurisdictional transmission rate base, and it largely offset the milder weather that we had this year in comparison to the summer months of 2012. September was warmer than normal keeping weather near normal for the quarter. Our operating and maintenance cost were down quarter-over-quarter. However, we expect that under-run to reverse in the fourth quarter as generating plant maintenance originally scheduled for earlier in the year is completed. Overall, we expect our utility's financial performance to be in line within our original guidance, with solid performance as we continue to manage our costs and drive forward on our operational initiatives. We continue to focus on managing costs in an effort to protect customers' bill in anticipation of future environmental compliance expenditures. Now on that subject, as you know the 10th Circuit Court last week denied our request for a hearing of their July decision on regional haze that upheld EPA's federal implementation plan or rejected Oklahoma's state implementation plan. We are very disappointed with the decision for several reasons, not the least of which is the cost our customers will have to bear. We now…

Thank you, Pete, and good morning. For the third quarter, we reported net income of $215 million or $1.08 per share as compared to net income of $186 million or $0.94 per share in 2012. Year-to-date, we reported net income of $330 million or $1.66 per share as compared to net income of $317 million or $1.60 per share in 2012. The contribution by business unit on a comparative basis is listed on the slide. Before moving on to our businesses, I'd like to point out that the year-to-date $0.03 loss at the holding company is primarily due to transaction costs associated with the formation of Enable Midstream Partners. At OG&E, net income for the quarter was $172 million or $0.86 per share for 2013 compared to $167 million or $0.84 per share in 2012. Third quarter gross margin at the utility increased approximately $1 million, and I'll discuss the drivers on the next slide. O&M was $3 million lower for the quarter, primarily due to the timing of scheduled power plant outages which are currently underway. Other income increased $3 million due to increased margin recognized in the Guaranteed Flat Bill program which was a partial offset to the mild summer weather in 2013. Interest on long-term debt increased by $3 million related to a debt issuance of $250 million that occurred in May of 2013. And finally, income tax expense increased by approximately $4 million due to higher pre-tax income as compared to the same period in 2012. Turning to the third quarter gross margin, utility margins were up slightly for the quarter despite the impact of weather compared to 2012. There were two primary drivers for the increase in gross margin. First was an increase of wholesale transmission revenues contributing $11 million from additional investment of approximately…

(Operator Instructions) Your first question comes from the line of Brian Russo from Ladenburg Thalmann. Please go ahead.

Just to clarify, the $0.14 of equity earnings related to these accounting adjustments, what portion of that is nonrecurring?

Probably $0.08 to $0.09 of that, Brian, that's related to the reduction in the deferred state tax liabilities.

Okay. And is it safe to assume that we should expect a permanent CEO announcement prior to any S-1 filing?

As we said, the S-1 filing we expect to get done this quarter. From the CEO standpoint, again today we are focused on getting the right person and you hope those things go quickly. Sometimes they do, sometimes they don't. Obviously we have a good team in place that's continuing to move us forward but it doesn't replace what you get with a CEO, but our focus remains on being to get the right person, not trying to just fill a spot here because it is so important, and that's important to – you obviously can't go without and do an IPO without a CEO and so we remain focused on that and we're confident we're going to go get a good person to fill that spot.

Any thoughts on why it's running behind the previous schedule of I guess having the S-1 out in September?

No, I don't think there's any – I mean in terms of scheduling things, this is one of the process that's probably not given to a great schedule because you're dealing with our schedules and these people are generally very engaged, not just sitting around as you would suspect. But Sean is on top of the S-1 schedule and I don't think that there's been any change in that. Sean?

Yes. Brian, as far as the S-1 is concerned, recall we filed that pre-clearance letter with the SEC and we had to go through an appraisal process of the Enogex assets, and so that is concluded and we wanted that to be rolled through the third quarter results. And so from an S-1 standpoint, we needed to cross that threshold and we're working through all of the accounting adjustments as it relates to the S-1 to how that will affect the financial statements and the forecasts, and then as Pete mentioned, we expect to get the S-1 out this quarter. So I don't think the S-1 has seen any delay from what we previously communicated as a result of the guidance we received from the SEC.

Okay, great. And you mentioned a $200 million a day processing plant for 2015 in the SCOOP region. Could you just talk more broadly on what you're seeing in this group and kind of the growth opportunities there?

I'm looking to Todd from the S-1 perspective, but we I think laid out our – and you've continued to see I think in Continental and their announcements and their plans with rigs, and we continue to be very excited of what we see going on there. There's been a big announcement by Newfield in that area next to the SCOOP play, and so it's probably very similar to what Continental is experiencing in SCOOP. That remains – the Newfield is an opportunity we will chase as well. So what you see from our numbers in the third quarter, in those areas we are expecting to see strong growth, we continue to see strong growth, and I don't believe our expectations have really changed.

Okay. And just switching gears to the utility, I think we were expecting an OCC decision on a request for some minor modifications on previous orders. Is there any update on that?

No, there's no update on that. That really seems to be on a slow process. It's not something that is needed at this point in time. We're going to continue on. We had asked for modifications, it had to do with filing. So instead, there were some things that we needed to do, one of which was continue to share the savings that we committed to when we did the Smart Grid implementation and we wanted to be able to do that and without having to file a rate case, because we didn't see especially with the decision that we now have that it was going to overshadow everything else, that it was a good devotion of resources from all sources given that our rates have not been in effect very long. And so I think things like the focus, our focus obviously is in this compliance plan given the magnitude and the impact on our customers. We're obviously very disappointed in what's occurred with the 10th Circuit Court and not winning that rehearing, and we're moving forward.

Okay, great. Thank you very much.

The next question comes from the line of Sarah Akers from Wells Fargo. Please proceed.

When the deal was announced, you guys highlighted somewhat limited customer overlap between Enogex and CenterPoint midstream, are you able to comment on the progress or success that Enable is having in cross-selling those relationships in order to generate new opportunities?

Yes, I think we had talked about that from the lack of crossover – I mean not crossover but that we were expanding our customer base, and a lot of it because there's two different businesses as you well know. It's the intrastate and the gathering and processing, and given the basins they were in and some of the major players in the Haynesville and whatnot in that basin, there were some new big customers that they had. There's a lot of operational synergies that we're looking at between our system and their systems that we're able to I think provide better opportunities and better service to our producers. We continue to focus on exploring the relationships to get into new basins and we still think there's a lot of good opportunity there.

Great, and then you mentioned the synergies, is $50 million still a good number for us to think about?

That's the number we're still focusing on, yes.

Great, thank you.

The next question comes from the line of Anthony Crowdell from Jefferies. Please proceed. Anthony Crowdell - Jefferies & Company: Two separate questions, one is related to the I guess potential CapEx spend on the environmental at the power plants, and it seemed that from some of the remarks and I guess with these pending CO2 guidelines, you're talking fuel diversity, maybe conversions of plant, could you just – there's four coal plants I guess that would need to be scrubbed, needed away for CO2 guidelines, could you let us know like the cost that would occur from the converted plant from coal to gas just so we can get kind of book ends of where the range of spending could be, because right now it seemed like a very narrow range of around like $1.2 billion? And then moving to Enogex, or I should say Enable now, you mentioned there was Newfield announcement of the stacked play. Any thoughts, I mean is the stacked play same size as the SCOOP play, I mean just curious on your thoughts there?

Anthony, this is Sean. On the first question with regard to the magnitude of the CapEx, I think Pete mentioned in his remarks, the anticipation is that we're going to need to invest $1 billion to $1.5 billion into our business. And so that's the ballpark range that we're talking about regardless of the outcome or the ultimate decision of what we go do. As far as Enable on the Newfield investment, we're really restricted as far as what we can say about that from a forward-looking standpoint, but it's adjacent and similar to the SCOOP play. Anthony Crowdell - Jefferies & Company: Do you have any dedicated, I don't know the right terminology, dedicated acreage in the stacked play right now or all your dedication is in the SCOOP play?

What we've commented previously is that we have the acreage dedication from Continental in the SCOOP play. We haven't commented further beyond that. Anthony Crowdell - Jefferies & Company: Okay. And just to finish up, when you gave the range from $1 billion to $1.5 billion on the environmental spend, that would include or that's your internal analysis of whether a plant gets retired or if you convert a plant to gas, that's inclusive of this range?

Yes, it's a comprehensive solution to comply with regional haze, that's right. Anthony Crowdell - Jefferies & Company: Great. Thanks guys.

(Operator Instructions) So we have no questions at this time.

Thank you, operator. In closing, I'd just like to thank again our members of OG&E and Enable Midstream Partners for their hard work and dedication in continuing to move us forward. I'd like to thank all of you on the call for your continued interest in OGE Energy. Have a great day. Thank you.

Thank you for your participation in today's conference. This concludes the presentation. You may now disconnect. Good day.