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ONE Gas (OGS)
NYSE:OGS
Earnings Data
Report Date
Aug 05, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
0.54Last Year’s EPS
0.48Same Quarter Last Year
Moderate Buy
Based on 6 Analysts Ratings
Earnings Call Summary
Earnings Call Date:May 05, 2025
|% Change Since: -5.17%
|Next Earnings Date:Aug 05, 2025
Earnings Call Sentiment|Positive
The earnings call highlighted strong financial performance driven by new rates, customer growth, and operational excellence, including a significant safety award and regulatory successes. However, there were challenges such as increased O&M expenses, decreased other income, and higher interest expenses. The positive aspects slightly outweigh the negatives, showing a generally robust quarter.Company Guidance
In the recent ONE Gas First Quarter Earnings Conference Call, the company reported strong financial results, with a net income of $119 million, or $1.98 per diluted share, driven by new rates and efficient management of O&M expenses. The company anticipates reaching the upper half of its guidance ranges, with net income projected between $254 million to $261 million and earnings per diluted share from $4.20 to $4.32. Weather conditions were 5% colder than normal, contributing to a 16% increase in customer demand compared to the previous year. Revenues increased by approximately $52 million from new rates and $2 million from customer growth, while O&M expenses rose by 2% compared to the first quarter of the previous year. The company maintained a 4% CAGR for O&M expenses across its five-year plan. Notably, ONE Gas has made progress on its emissions goals, achieving a 51% reduction in leak-related emissions and continuing to support customer growth with strategic capital investments.Strong Financial Performance
Reported net income of $119 million or $1.98 per diluted share, compared to $99.3 million or $1.75 in the same period last year.
Revenue and Customer Growth
First quarter revenues increased by approximately $52 million from new rates and $2 million from continued customer growth.
Operational Excellence and Safety Recognition
Received the American Gas Association Safety Award for the lowest rate of significant injuries among peers for the eighth consecutive year.
Successful Regulatory Filings
Filed performance-based rate change applications and completed annual capital recovery filings in several regions.
Innovative Projects and Emission Reductions
Progressed on the Austin System Reinforcement Project and achieved a 51% reduction in leak-related emissions.
OGS Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
OGS Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 05, 2025 | $77.55 | $80.15 | +3.35% |
Feb 19, 2025 | $71.11 | $70.98 | -0.18% |
Nov 04, 2024 | $68.11 | $68.66 | +0.81% |
Aug 05, 2024 | $64.20 | $63.73 | -0.73% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does ONE Gas (OGS) report earnings?
ONE Gas (OGS) is schdueled to report earning on Aug 05, 2025, TBA Not Confirmed.
What is ONE Gas (OGS) earnings time?
ONE Gas (OGS) earnings time is at Aug 05, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is OGS EPS forecast?
OGS EPS forecast for the fiscal quarter 2025 (Q2) is 0.54.