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An announcement from ONE Gas ( (OGS) ) is now available.
On February 19, 2025, ONE Gas reported its financial results for Q4 and full year 2024, showing strong performance with Q4 net income of $77.0 million and full-year net income of $222.9 million. Despite a slight decrease in annual net income compared to 2023, the company demonstrated effective fiscal management and strategic planning with increased earnings per share due to new rates and customer growth in Oklahoma and Texas. Additionally, ONE Gas completed significant equity transactions in December 2024, which generated $245.7 million in net proceeds. The company also announced a dividend increase for Q1 2025 and outlined plans for substantial capital investments in system integrity and service extensions.
More about ONE Gas
ONE Gas, Inc. (NYSE: OGS) is a 100% regulated natural gas utility and is one of the largest natural gas utilities in the United States. Headquartered in Tulsa, Oklahoma, it provides energy to over 2.3 million customers across Kansas, Oklahoma, and Texas, with divisions like Kansas Gas Service, Oklahoma Natural Gas, and Texas Gas Service.
YTD Price Performance: 6.67%
Average Trading Volume: 406,212
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: $4.13B
For a thorough assessment of OGS stock, go to TipRanks’ Stock Analysis page.
