ONE Gas Announces Leadership Progression to Support Scaled Operations and Long-term Growth

Rhea-AI Summary

ONE Gas (NYSE: OGS) announced a leadership progression: Curtis Dinan will be promoted to president and chief operating officer, effective March 1, 2026, while Robert S. McAnnally remains chief executive officer focusing on long‑term strategy and stakeholder alignment.

Dinan will run day‑to‑day operations of the company’s natural gas distribution divisions and continues reporting to McAnnally. The company said this change does not alter its strategy, regulatory commitments or financial outlook.

Positive

• Curtis Dinan promoted to president and COO effective March 1, 2026
• CEO Robert S. McAnnally remains focused on long‑term strategy
• Dinan will manage day‑to‑day operations of natural gas distribution divisions
• Dinan brings >5 years in senior roles at ONE Gas (since 2014)

Negative

• Leadership consolidation may temporarily centralize operational decision‑making
• Transition could create short‑term execution risk during role handover

Argus Feb 19 session

+1.86% close to close Open Argus

Details

News Market Reaction – OGS

In the Feb 19 session, OGS gained 1.86%, reflecting a mild positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

Market Context

This announcement highlighted a planned leadership progression, elevating Curtis Dinan to president ...

Analysis

This announcement highlighted a planned leadership progression, elevating Curtis Dinan to president and COO while Robert McAnnally remains CEO focused on long-term strategy. The company emphasized that its strategy, regulatory commitments, and financial outlook remain unchanged. In context of recent guidance, dividend increases, and board succession planning, this move reinforces management continuity. Investors may watch upcoming earnings, capital deployment, and regulatory developments to gauge how this structure supports execution and growth objectives.

Key Figures

New role effective date: March 1, 2026 COO tenure start: June 2021

New role effective date

March 1, 2026

Curtis Dinan promoted to president and COO effective this date

COO tenure start

June 2021

Dinan has served as senior vice president and COO since this date

Historical Context

5 past events · Latest: Jan 22

5 events

1. Jan 22

   Earnings call schedule

   24h Move

   -0.3%

   Announced Q4 and full-year 2025 results release and webcast timing.

2. Jan 20

   Dividend increase

   24h Move

   +0.3%

   Raised quarterly dividend to $0.68 per share and outlined 1%–2% growth plan.

3. Dec 02

   Investor conferences

   24h Move

   -1.1%

   Management participation in multiple December 2025 utility and energy conferences.

4. Dec 01

   2026 guidance

   24h Move

   -2.4%

   Issued 2026 guidance and raised long-term EPS growth outlook and capex plans.

5. Nov 18

   Board succession

   24h Move

   +0.0%

   Announced chair retirement and election of new board chair effective May 2026.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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TULSA, Okla., Feb. 18, 2026 /PRNewswire/ -- ONE Gas, Inc. (NYSE: OGS) announced today that Curtis Dinan, senior vice president and chief operating officer, will be promoted to the position of president and chief operating officer effective March 1, 2026.

Robert S. McAnnally, president and chief executive officer, will continue in the role of chief executive officer, focusing on long-term strategy and value creation, stakeholder engagement and alignment across the organization.

"Curtis is a proven leader who has driven commercial transformation and outstanding operational results," said McAnnally. "As we meet growing demand in both our traditional customer base and new, larger load opportunities, this new role will strengthen our organization. Given his experience and the quality of his leadership, Curtis is the right leader to take on this new role."

In this role, Dinan will be responsible for the day-to-day operations of ONE Gas' natural gas distribution business divisions. He will continue to report to McAnnally.

"I appreciate the confidence and support from Sid and am honored to work alongside our leaders to safely serve customers and unlock the potential of opportunities before us," said Dinan.

Dinan has served as the Company's senior vice president and chief operating officer since June 2021. He served as the Company's senior vice president and chief commercial officer from July 2020 to June 2021, as senior vice president, commercial from February 2019 to July 2020, and as senior vice president and chief financial officer from January 2014 to February 2019.

ONE Gas is committed to delivering reliable energy safely and affordably, creating long-term value for our shareholders, customers and communities. This change does not alter the company's strategy, regulatory commitments or financial outlook.

About ONE Gas, Inc. 

ONE Gas, Inc. (NYSE: OGS) is a 100-percent regulated natural gas utility, and trades on the New York Stock Exchange and NYSE Texas under the symbol "OGS." ONE Gas is included in the S&P MidCap 400 Index and is one of the largest natural gas utilities in the United States.

Headquartered in Tulsa, Oklahoma, ONE Gas provides a reliable and affordable energy choice to more than 2.3 million customers in Kansas, Oklahoma and Texas. Its divisions include Kansas Gas Service, the largest natural gas distributor in Kansas; Oklahoma Natural Gas, the largest in Oklahoma; and Texas Gas Service, the third largest in Texas, in terms of customers.

For more information and the latest news about ONE Gas, visit onegas.com and follow its social channels: @ONEGas, Facebook, LinkedIn and YouTube.

Analyst Contact:	Erin Dailey
	918-947-7411
Media Contact:	Leah Harper
	918-947-7123

 

View original content to download multimedia:https://www.prnewswire.com/news-releases/one-gas-announces-leadership-progression-to-support-scaled-operations-and-long-term-growth-302691959.html

SOURCE ONE Gas, Inc.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

Who is becoming president and COO of ONE Gas (OGS) and when does it take effect?

Curtis Dinan will become president and chief operating officer effective March 1, 2026. According to the company, Dinan has led commercial and operational roles at ONE Gas since 2014.

Will Robert S. McAnnally remain CEO of ONE Gas (OGS) after the March 2026 change?

Yes, Robert S. McAnnally will remain chief executive officer after March 1, 2026. According to the company, he will concentrate on long‑term strategy, value creation and stakeholder alignment.

What responsibilities will Curtis Dinan hold as president and COO of ONE Gas (OGS)?

Dinan will oversee the day‑to‑day operations of ONE Gas’ natural gas distribution divisions. According to the company, he will continue reporting to CEO Robert S. McAnnally.

Does the ONE Gas (OGS) leadership change affect company strategy or financial outlook?

The company said the leadership change does not alter strategy, regulatory commitments or financial outlook. According to the company, existing plans and commitments remain in place.

What is Curtis Dinan’s experience prior to becoming president and COO of ONE Gas (OGS)?

Dinan has served in senior roles at ONE Gas since 2014, including senior vice president and COO since June 2021. According to the company, he also held commercial and CFO roles from 2014 onward.

What potential risks should ONE Gas (OGS) investors consider from this March 2026 leadership change?

Investors may see short‑term transition or execution risk as roles shift during handover. According to the company, operational leadership responsibilities will consolidate under Dinan for daily operations.