Wall Street expects a year-over-year increase in earnings on higher revenues when ONE Gas (OGS) reports results for the quarter ended December 2024. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates.The earnings report, which is expected to be released on February 19, 2025, might help the stock move higher if these key numbers are better than expe ...

Core Viewpoint - ONE Gas, Inc. has announced its schedule for the release of its fourth quarter and full year 2024 financial results, along with subsequent conference calls and webcasts for 2025 [1][3]. Financial Results Schedule - The fourth quarter and full year 2024 financial results will be released after market close on February 19, 2025 [1]. - The conference call to discuss these results will take place on February 20, 2025, at 11 a.m. Eastern Standard Time [1][2]. Conference Call Details - The conference call will be accessible via phone at 833-470-1428, with a passcode of 455855 [2]. - A webcast of the call will be available on the ONE Gas website [2]. - A replay of the conference call will be available for 30 days on the website and for seven days via phone at 866-813-9403, passcode 180102 [2]. Future Earnings Releases - The schedule for the first quarter 2025 earnings release is set for May 5, 2025, with the conference call on May 6, 2025 [7]. - The second quarter earnings release will occur on August 5, 2025, followed by the conference call on August 6, 2025 [7]. - The third quarter earnings release is scheduled for November 3, 2025, with the conference call on November 4, 2025 [7]. Company Overview - ONE Gas, Inc. is a 100-percent regulated natural gas utility, trading on the NYSE under the symbol "OGS" [4]. - The company serves over 2.3 million customers across Kansas, Oklahoma, and Texas, with divisions including Kansas Gas Service, Oklahoma Natural Gas, and Texas Gas Service [5].

ONE Gas (OGS) announced that its board of directors has increased dividends by 1%. The new quarterly dividend will be 67 cents per share compared with the previous quarter’s 66 cents. The new dividend will be payable on March 7, 2025, to stockholders of record as of Feb. 21, 2025.The company expects an average annual dividend increase of 1-2% through 2029, with a target dividend payout ratio of nearly 55-65% of net income, subject to approval by the board of directors. The increased dividend rate resulted i ...

TULSA, Okla., Jan. 21, 2025 /PRNewswire/ -- The board of directors of ONE Gas, Inc. (NYSE: OGS) today increased the dividend for the first quarter 2025 by 1 cent per share to 67 cents per share, resulting in an annualized dividend of $2.68 per share.The dividend is payable March 7, 2025, to shareholders of record at the close of business Feb. 21, 2025.The Company expects an average annual dividend increase of 1% to 2% through 2029, with a target dividend payout ratio of approximately 55% to 65% of net incom ...

Investors looking for stocks in the Utility - Gas Distribution sector might want to consider either Spire (SR) or ONE Gas (OGS) . But which of these two companies is the best option for those looking for undervalued stocks? Let's take a closer look.We have found that the best way to discover great value opportunities is to pair a strong Zacks Rank with a great grade in the Value category of our Style Scores system. The Zacks Rank favors stocks with strong earnings estimate revision trends, and our Style Sco ...

TULSA, Okla., Dec. 4, 2024 /PRNewswire/ -- ONE Gas, Inc. (NYSE: OGS) today issued financial guidance for 2025 and updated its five-year growth rates."We enter 2025 focused on creating long-term value for our stakeholders, supporting growing customer demand, and enhancing the safety and reliability of our system," said Robert S. McAnnally, president and chief executive officer. "Our strategic plan supports a long runway of growth opportunities and investments in system reinforcements."2025 FINANCIAL GUIDANCE ...

It has been about a month since the last earnings report for ONE Gas (OGS) . Shares have added about 7.7% in that time frame, outperforming the S&P 500.Will the recent positive trend continue leading up to its next earnings release, or is ONE Gas due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important catalysts. ONE Gas Q3 Earnings Lag Estimates, Revenues Rise Y/YON ...

Company Participation in Conferences - ONE Gas, Inc. will participate in the Jefferies Gas Utilities Mini-Conference on December 9, 2024, and the Mizuho Power, Energy, & Infrastructure Conference in New York City [1] - The executive management team will attend the Wells Fargo Midstream, Energy & Utilities Symposium on December 11, 2024 [1][2] - Materials from these conferences will be available on the ONE Gas website starting December 6, 2024 [2] Company Overview - ONE Gas, Inc. is a 100-percent regulated natural gas utility and trades on the NYSE under the symbol "OGS" [3] - The company is included in the S&P MidCap 400 Index and is one of the largest natural gas utilities in the United States [3] - Headquartered in Tulsa, Oklahoma, ONE Gas serves over 2.3 million customers across Kansas, Oklahoma, and Texas [4] Divisions and Market Position - ONE Gas operates through three divisions: Kansas Gas Service, the largest natural gas distributor in Kansas; Oklahoma Natural Gas, the largest in Oklahoma; and Texas Gas Service, the third largest in Texas by customer count [4]

ONE Gas, Inc. (OGS) continues to benefit from strategic investments, 100% regulated operation and an expanding customer base. Given its growth opportunities, OGS makes for a solid investment option in the utility sector.Let’s focus on the factors that make this Zacks Rank #2 (Buy) company a strong investment pick at the moment.OGS’ Growth ProjectionsThe Zacks Consensus Estimate for 2024 earnings per share (EPS) has increased 0.8% in the past 30 days to $3.87.The Zacks Consensus Estimate for fourth-quarter 2 ...

Financial Data and Key Metrics Changes - The company raised its earnings per share (EPS) guidance for 2024 to a range of $3.85 to $3.95, which is $0.05 higher at the midpoint than the original guidance [5] - Net income for the third quarter was $19.3 million or $0.34 per diluted share, compared to $25.2 million or $0.45 in the same period last year [12] - Operations and maintenance (O&M) expenses were up 5% year-to-date compared to 2023, consistent with long-term guidance but slightly favorable to the 2024 plan [9][12] Business Line Data and Key Metrics Changes - The company experienced a $17.5 million increase in revenue from new rates, partially offset by an $11.5 million increase in interest expense [12] - The Kansas rate case settlement resulted in a net increase of $35 million, with new rates effective from November 1 [16] - The Central Gulf rate case in Texas is pending final commission approval, which includes a $19.3 million rate increase [17] Market Data and Key Metrics Changes - The company noted a firming in customer activity towards the end of 2024, although higher mortgage rates have slowed down homebuyer movement [25][26] - There has been a pickup in housing permits, indicating a potential recovery in the market [26] Company Strategy and Development Direction - The company plans to continue executing its financial plan in line with the updated guidance and aims to finish 2024 within the planned capital budget of $750 million [18][15] - The focus remains on operational execution and regulatory outcomes to support growth and maintain a strong balance sheet [5] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about a strong finish to the year and the opportunities that await in 2025 [19] - The company is not assuming any further rate cuts for 2024 in its guidance, despite recent Fed actions [32] Other Important Information - The Board of Directors declared a dividend of $0.66 per share, unchanged from the prior quarter [15] - The company has satisfied its 2024 equity needs through forward settlement agreements covering approximately 3.6 million shares [13] Q&A Session Summary Question: Timing of 2025 guidance - Management confirmed that guidance for 2025 will be issued in December, following a cadence established to allow for open discussion before the December Utility Week meetings [20] Question: O&M expense trajectory - Management indicated that a declining trajectory in O&M expenses is expected moving forward, with successful cost management efforts yielding favorable results [21] Question: Rate base cadence and filings - Management stated that a full rate case filing in Oklahoma is required by June 30, 2027, and that Kansas will continue with annual GSRS filings [22][23] Question: Customer growth trends - Management noted a slight firming in customer activity but acknowledged the impact of higher mortgage rates on homebuyer movement [25][26] Question: Interest expense and long-term debt - Management discussed plans to reduce commercial paper balances through upcoming financing settlements and emphasized the importance of matching long-term financing needs [27][28] Question: Bad debt expense normalization - Management indicated that bad debt expenses have normalized and are back to regular functioning, with no significant changes expected [29]