ONE Gas, Inc. (OGS) Q2 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good day and welcome to the OneCast second quarter earnings conference call. Today's conference is being recorded. At this time, I would like to turn the conference over to Chris Signofi. Please go ahead, Mr. Signofi. Thank you, Elliot. Good morning, everyone, and thank you for joining us on our second quarter 2025 earnings conference call. This call is being webcast live, and a replay will be available later today. After our prepared remarks, we are happy to take your questions. Statements made during this call that might include one gas expectations or predictions should be considered forward-looking statements and are covered by the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, the Securities Act of 1933, and the Securities and Exchange Act of 1934, each as amended. Actual results could differ materially from those projected in any forward-looking statements. For a discussion of factors that could cause actual results to differ, please refer to our SEC filings. Joining me on the call this morning are Sid McAnally, President and Chief Executive Officer, and Curtis Dinan, Senior Vice President and Chief Operating Officer. Now, I'll turn the call over to Sid. Thanks, Chris, and good morning, everyone. We're glad to be with you to discuss our second quarter results. Our strong performance this quarter reflects the consistent execution of our regulatory strategy disciplined cost management, and increased customer demand. Net income for the quarter was $32 million, or 53 cents per diluted share, driven by new rates and an expanding customer base. Given our results through the first half of the year, we are raising our full year 2025 financial guidance. We now expect net income between $261 and $267 million, and earnings per diluted shar...