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ONE Gas Announces First Quarter 2026 Financial Results; Affirms 2026 Financial Guidance
ONE Gas, Inc. (NYSE: OGS) today announced its first quarter 2026 financial results, affirmed its 2026 financial guidance and declared its quarterly dividend.
About this update from One Gas, Inc.
[{"type":"text","content":"Declares Second Quarter Dividend","length":32,"tagName":"p","attribs":{}},{"type":"text","content":"Analyst call and webcast scheduled tomorrow, May 5 at 11 a.m. EDT","length":65,"tagName":"p","attribs":{}},{"type":"text","content":"TULSA, Okla., May 4, 2026 /PRNewswire/ -- ONE Gas, Inc. (NYSE: OGS) today announced its first quarter 2026 financial results, affirmed its 2026 financial guidance and declared its quarterly dividend.","length":199,"tagName":"p"},{"type":"text","content":""Our positive performance through a historically warm winter underscores the resilience of our business model and our ability to drive long‑term value while sustaining customer affordability," said Robert S. McAnnally, chief executive officer. "We are confident in our strategic plan and remain on track to achieve our 2026 financial guidance."","length":369,"tagName":"p"},{"type":"text","content":"FINANCIAL RESULTS & HIGHLIGHTS","length":34,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"First quarter 2026 net income was $128.7 million, or $2.04 per diluted share, compared with $119.4 million, or $1.98 per diluted share, in the same period last year;","length":175,"tagName":"p"}]},{"val":[{"type":"text","content":"First quarter 2026 adjusted net income was $133.4 million, or $2.11 per diluted share, compared with $120.1 million, or $1.99 per diluted share, in the same period last year;","length":174,"tagName":"p"}]},{"val":[{"type":"text","content":"While weather across the Company's service areas was 20.5 percent warmer than normal and 24.6 percent warmer than the prior year, the impact on operating income was tempered by weather normalization mechanisms;","length":214,"tagName":"p"}]},{"val":[{"type":"text","content":"In February 2026, the Company entered into an at-the-market equity distribution agreement under which it may issue and sell shares of common stock with an aggregate offering price up to $225 million;","length":199,"tagName":"p"}]},{"val":[{"type":"text","content":"For the ninth consecutive year, ONE Gas was awarded the American Gas Association Safety Achievement Award for excellence in employee safety; and","length":144,"tagName":"p"}]},{"val":[{"type":"text","content":"The board of directors declared a quarterly dividend of $0.68 per share ($2.72 annualized), payable ...