Every 424B that One Gas Inc (OGS) has filed with the SEC in the last 12 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 424B covers the supplement that carries the terms of a priced offering, so if you follow OGS and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full OGS filings page.
ONE Gas, Inc. is issuing $375,000,000 aggregate principal amount of 5.45% senior unsecured notes due September 1, 2036. The notes are priced at 99.675% of principal, bear interest at 5.45% per year, and pay interest semi-annually on March 1 and September 1, beginning March 1, 2027.
The notes rank equally with ONE Gas’s other unsecured, unsubordinated debt, are not guaranteed by subsidiaries, and are therefore effectively subordinated to any secured debt and to approximately $242.5 million of subsidiary indebtedness as of June 30, 2026. ONE Gas may redeem the notes, in whole or in part, at specified make-whole and par call prices, and the notes will not be listed on any securities exchange.
Net proceeds are expected to be approximately $370 million, after underwriting discounts and estimated expenses. ONE Gas anticipates using the proceeds to repay its Term Loan and a portion of its $770.8 million of commercial paper borrowings outstanding as of June 30, 2026, and for general corporate purposes.
ONE Gas, Inc. plans a primary offering of senior unsecured notes due 2036 under its shelf registration statement. The fixed‑rate notes will pay interest semi‑annually and may be redeemed early by the company at specified prices, including a Treasury Rate–based make‑whole amount before a Par Call Date.
The notes rank equally with ONE Gas’s other unsecured, unsubordinated debt, are not guaranteed by subsidiaries, and will be structurally subordinated to approximately $242.5 million of subsidiary indebtedness. They will not be listed on any securities exchange and there is currently no public market.
ONE Gas expects to use the net proceeds to repay its Term Loan, reduce outstanding commercial paper borrowings, and for general corporate purposes. As of June 30, 2026, commercial paper borrowings were $770.8 million with a 16‑day weighted‑average maturity and a 4.09% weighted‑average interest rate.
ONE Gas, Inc. proposes to offer up to an aggregate offering price of $225,000,000 of its common stock under an equity distribution agreement dated February 23, 2026.
The shares may be sold "at-the-market" through the named Managers or via forward sale agreements with affiliated Forward Purchasers and Forward Sellers. Managers will receive a commission of up to 2% of the gross sales price per share. Forward sale mechanics allow physical settlement (company expects to physically settle), or, subject to contract terms, cash or net share settlement; cash/net share settlement can result in payments or delivery obligations depending on unwind pricing. The prospectus supplement discloses a declared dividend of $0.68 per share (record date February 20, 2026, payable March 6, 2026) and reports a last sale price of $85.52 per share on February 20, 2026.