One Gas Inc SEC Filings

ONE Gas, Inc. reported its results for the quarter ended September 30, 2025 and said it has narrowed its 2025 financial guidance. The company also declared a regular cash dividend of $0.67 per share. The detailed news release with quarterly results and guidance context was furnished as Exhibit 99.1.

The dividend is payable on December 1, 2025 to shareholders of record as of the close of business on November 14, 2025. Items 2.02 and 7.01 were furnished, not filed, under the Exchange Act. No other material corporate actions were disclosed.

ONE Gas (OGS) amended its core financing, entering a third amended and restated credit agreement that provides a $1.5 billion unsecured revolving credit facility. The facility includes a $20 million letter of credit sub‑facility and a $60 million swingline sub‑facility, with an option to increase commitments by up to $750 million upon customary conditions. Borrowings may be used for working capital, capital expenditures, acquisitions, mergers and other general corporate purposes.

The facility matures on October 30, 2030, and the company may extend the maturity by one year up to two times with lender consent. Loans bear interest at Term SOFR or a Base Rate plus an applicable margin. The agreement includes customary conditions to borrowing, affirmative and negative covenants (including a financial ratio maintenance covenant), and standard events of default that could lead to commitment termination and acceleration.

This Form 3 discloses that Regina L. Gregory, Senior Vice President, General Counsel and Assistant Secretary of ONE Gas, Inc. (OGS), acquired derivative awards granted under the company's 2018 Equity Compensation Plan: 3,700 performance units and 2,466 restricted units. Both awards vest on February 19, 2028, convert one-for-one into common shares if vested, and accrue dividend equivalents payable in shares.

ONE Gas, Inc. entered into a credit agreement providing a $250 million unsecured term loan facility to fund working capital, capital expenditures, acquisitions, mergers and other general corporate purposes. The loans bear interest at either Term SOFR or a Base Rate plus a margin specified in the agreement. The facility matures in September 2026 and includes customary conditions to borrowing, customary affirmative and negative covenants, a financial ratio maintenance covenant, and customary events of default that could accelerate the Companys obligations.

The agreement notes that certain lenders and their affiliates have previously provided, and may provide in the future, financial advisory, commercial and investment banking services to the Company and have acted in underwriting and dealer roles for the Companys prior capital markets activities. A copy of the Credit Agreement is filed as Exhibit 10.1 and is incorporated by reference.

State Street Corporation reported a passive institutional stake in One Gas Inc. The filing shows ownership of 2,995,144 shares, representing 4.8% of the class. State Street discloses no sole voting or dispositive power and instead reports shared voting power of 2,756,191 shares and shared dispositive power of 2,995,144 shares.

The filing states the securities are held in the ordinary course of business and not for the purpose of influencing control. Several State Street Global Advisors subsidiaries are listed as relevant investment managers that acquired the reported holdings.

Quarterly results: For the three months ended June 30, 2025, ONE Gas reported total revenues of $423,741 (thousands) versus $354,137 in Q2 2024, net income of $32,033 versus $27,243, and diluted EPS of $0.53 versus $0.48. For the six months ended June 30, 2025, total revenues were $1,358,931, net income $151,452 and diluted EPS $2.51.

Balance sheet and liquidity: Total assets were $8,359,141 and total equity $3,184,335 at June 30, 2025. Long-term debt, net, totaled $2,400,627; noncurrent long-term debt was $2,370,863. Commercial paper outstanding was $872.4 million and cash plus restricted cash was $42,721.

Operational and regulatory highlights: YTD capital expenditures were $347,065 and full-year capex is expected to be approximately $750 million. Regulatory actions include PBRC and GSRS filings and approvals in Oklahoma, Kansas and multiple rate filings in Texas. KGSS-I securitization remains on the balance sheet. The company entered forward sale agreements for common stock and declared a $0.67 per share dividend in August 2025.

ONE Gas, Inc. (NYSE: OGS) filed a Form 8-K on 5 Aug 2025. Item 2.02 furnishes a news release (Exhibit 99.1) announcing results for the quarter ended 30 Jun 2025. Item 7.01 cites the same release and states the company has increased its full-year 2025 financial guidance. Because the information is being furnished, not filed, it is not subject to Section 18 liability and will only be incorporated by reference if expressly stated elsewhere. Item 9.01 lists Exhibit 99.1 and the Inline XBRL cover-page file; no financial statements or other exhibits accompany the report.

The filing signals management’s confidence through the guidance raise, yet provides no quantitative figures; investors must review Exhibit 99.1 for revenue, EPS, margin or capital-spending details. No other material events, transactions or governance changes are disclosed.