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ONE Gas Announces First Quarter 2025 Financial Results; Expects to Achieve the Upper Half of 2025 Financial Guidance; Declares Second Quarter Dividend
ONE Gas, Inc. (NYSE: OGS) today announced its first-quarter financial results, said that it expects to achieve the upper half of its previously announced 2025 financial guidance and declared its quarterly dividend.
About this update from One Gas, Inc.
[{"type":"text","content":"Analyst call and webcast scheduled tomorrow, May 6 at 11 a.m. EST","length":65,"tagName":"p","attribs":{}},{"type":"text","content":"TULSA, Okla., May 5, 2025 /PRNewswire/ -- ONE Gas, Inc. (NYSE: OGS) today announced its first-quarter financial results, said that it expects to achieve the upper half of its previously announced 2025 financial guidance and declared its quarterly dividend.","length":256,"tagName":"p"},{"type":"image","alt":"(PRNewsfoto/ONE Gas, Inc.)","displaySize":"","headline":null,"caption":"(PRNewsfoto/ONE Gas, Inc.)","className":"","disableSlideshowImg":false,"size":{"original":{"width":400,"height":111,"url":"https://media.zenfs.com/en/prnewswire.com/1fb76f13693ab27be2ea7e0c34208b3e"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/M4AGgZAZb7MY0c9EL7negw--/YXBwaWQ9aGlnaGxhbmRlcjt3PTcwNTtoPTE5NjtjZj13ZWJw/https://media.zenfs.com/en/prnewswire.com/1fb76f13693ab27be2ea7e0c34208b3e","width":400,"height":111}},"href":"https://mma.prnewswire.com/media/1424336/ONE_Gas_v1_Logo.html","hrefExternal":true,"rel":"nofollow"},{"type":"text","content":""We achieved strong financial results in the first quarter due to our effective regulatory strategy and a disciplined approach to managing expenses," said Robert S. McAnnally, president and chief executive officer. "Safety remains our top priority as we serve our customers and meet the growing demand for natural gas across our service territory."","length":368,"tagName":"p"},{"type":"text","content":"FIRST QUARTER 2025 FINANCIAL RESULTS & HIGHLIGHTS","length":53,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"First quarter 2025 net income was $119.4 million, or $1.98 per diluted share, compared with $99.3 million, or $1.75 per diluted share, in the first quarter 2024;","length":161,"tagName":"p"}]},{"val":[{"type":"text","content":"While weather across the Company's service areas was 5 percent colder than normal and 16 percent colder than the first quarter last year, the impact on operating income was largely tempered by regulatory weather normalization mechanisms; and","length":245,"tagName":"p"}]},{"val":[{"type":"text","content":"The board of directors declared a quarterly dividend of $0.67 per share ($2.68 annualized), payable on June 3, 2025, to shareholders of record at the close of business on May 19, 2025.","len...