Welcome to our dedicated page for ONE GAS news (Ticker: OGS), a resource for investors and traders seeking the latest updates and insights on ONE GAS stock.
ONE Gas reports developments for a 100-percent regulated natural gas utility that distributes and sells natural gas in Kansas, Oklahoma and Texas. The company operates through Kansas Gas Service, Oklahoma Natural Gas and Texas Gas Service, serving residential, commercial, industrial and transportation customers through regulated pipeline and service-line networks.
Recurring updates cover quarterly and annual results, financial guidance, non-GAAP adjusted earnings measures tied to regulatory carrying-cost deferrals, dividend declarations, rate and customer-growth drivers, investor conference materials, shareholder-meeting matters and executive leadership changes. Company communications also emphasize safe operations, capital investment and customer service within regulated public utility operations.
ONE Gas, Inc. (NYSE: OGS) has declared a quarterly dividend of 54 cents per share, payable on Sept. 1, 2020, to shareholders of record by Aug. 14, 2020.
The annualized dividend for 2020 is projected at $2.16 per share, with expected growth of 6% to 8% from 2019 to 2024. The company aims for a dividend payout ratio of 55% to 65% of net income, subject to board approval. ONE Gas serves over 2 million customers across Kansas, Oklahoma, and Texas, and is a prominent player in the regulated natural gas utility sector.