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ONE Gas Inc - OGS STOCK NEWS

Welcome to our dedicated news page for ONE Gas (Ticker: OGS), a resource for investors and traders seeking the latest updates and insights on ONE Gas.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect ONE Gas's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of ONE Gas's position in the market.

Rhea-AI Summary
ONE Gas, Inc. (OGS) to participate in key conferences, showcasing its strong position as a regulated natural gas utility. The company's senior executives will engage with investors, highlighting its presence in the S&P MidCap 400 Index and its significant customer base.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.2%
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conferences
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Rhea-AI Summary
ONE Gas, Inc. (NYSE: OGS) will conduct its 2024 Annual Meeting of Shareholders virtually on May 23, 2024. The meeting will be held at 10 a.m. Eastern Time and can be accessed through the ONE Gas website. ONE Gas is a regulated natural gas utility trading on the NYSE under the symbol 'OGS'. It serves over 2.3 million customers in Kansas, Oklahoma, and Texas, offering reliable and affordable energy.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.7%
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none
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Rhea-AI Summary
ONE Gas, Inc. (OGS) announced its fourth quarter and full year 2023 financial results, with net income of $231.2 million and $4.14 diluted earnings per share for the full year. The company also settled forward contracts, issued senior notes, and increased dividends. Operating income for the fourth quarter was $107.1 million, driven by new rates and residential sales growth. Despite challenges like lower sales volumes and increased costs, ONE Gas remains focused on long-term value creation.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.45%
Tags
earnings
Rhea-AI Summary
ONE Gas, Inc. (OGS) will release its fourth quarter and full year 2023 financial results on February 21, 2024. The executive management team will participate in a conference call on February 22, 2024. The schedule for earnings news releases, conference calls, and webcasts for the first, second, and third quarters of 2024 is also provided.
Rhea-AI Impact
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End-of-Day
0.18%
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Rhea-AI Summary
ONE Gas, Inc. (OGS) increases Q1 2024 dividend by 1 cent per share to 66 cents, with an annualized dividend of $2.64 per share. The company expects a 1-2% annual increase through 2028 and has narrowed its 2023 financial guidance to earnings of $4.12 to $4.16 per diluted share, with net income expected to be in the range of $229 million to $233 million.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.92%
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dividends
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Rhea-AI Summary
ONE Gas, Inc. (NYSE: OGS) will participate in multiple upcoming conferences and has made changes to its executive management team. The company is a 100-percent regulated natural gas utility, 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 serves over 2.3 million customers in Kansas, Oklahoma, and Texas.
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conferences
News
Rhea-AI Summary
ONE Gas, Inc. (NYSE: OGS) issued financial guidance for 2024, expecting net income in the range of $214 million to $231 million, with earnings per diluted share of $3.70 to $4.00. The 2024 earnings guidance includes the benefit of new rates and customer growth, offset by higher operating expenses, capital investments, and interest expense due to higher interest rates. The Company estimates total net long-term financing needs for the period 2024 through 2028 of approximately $2.3 billion, of which approximately 45% to 50% is expected to be equity. The Company expects to achieve an average annual dividend growth rate of 1% to 2% through 2028, subject to board of directors' approval.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.11%
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Rhea-AI Summary
ONE Gas, Inc. (NYSE: OGS) announced the retirement of Caron A. Lawhorn, the company's chief financial officer, effective Dec. 31, 2023, after a 25-year career. Christopher P. Sighinolfi, currently vice president of corporate development, investor relations, and sustainability, will succeed Lawhorn as senior vice president and chief financial officer, effective January 1, 2024. The announcement highlights Lawhorn's contributions and Sighinolfi's qualifications, emphasizing a smooth transition and continued focus on growth strategy and shareholder value.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.11%
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Rhea-AI Summary
ONE Gas, Inc. (NYSE: OGS) announced its Q3 financial results, narrowed its 2023 earnings guidance, and declared a quarterly dividend. Q3 net income was $25.2M, compared to $23.7M in Q3 2022. Year-to-date net income was $160.5M. The board of directors declared a quarterly dividend of $0.65 per share. Operating income for Q3 was $57.2M, compared to $47.1M in Q3 2022. The company executed forward sale agreements for 1.38M shares of common stock. Capital expenditures and asset removal costs were $9.4M higher in Q3. Operating income for the nine-month period was $270.5M, compared to $246.4M in 2022. The company executed forward sale agreements for shares of its common stock. Regulatory activities update includes an RNG Pilot Program and Voluntary Tariff in Oklahoma, a Gas System Reliability Surcharge filing in Kansas, and a Gas Reliability Infrastructure Program filing in Texas. 2023 earnings guidance is expected to be in the range of $227M to $236M.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.5%
Tags
earnings
Rhea-AI Summary
ONE Gas, Inc. (NYSE: OGS) will release its third quarter 2023 financial results after the market closes on Monday, October 30, 2023. The ONE Gas executive management team will host a conference call the following day, Tuesday, October 31, 2023, at 11 a.m. Eastern Daylight Time (10 a.m. Central Daylight Time).
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.39%
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earnings
ONE Gas Inc

NYSE:OGS

OGS Rankings

OGS Stock Data

3.65B
55.75M
1.37%
95.17%
6.39%
Natural Gas Distribution
Utilities
Link
US
Tulsa

About OGS

one gas is one of the largest natural gas utilities in the united states, serving more than 2 million customers in oklahoma, kansas and texas, and is a publicly traded, 100 percent regulated, natural gas distribution utility. company locations: 100 west 5th st. tulsa, ok 74103