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 -

Q2 2025

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.

ONE Gas (OGS) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

OGS Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Aug 05, 2025	2025 (Q2)	0.53 / -	0.48	―	―	―
May 05, 2025	2025 (Q1)	1.85 / 1.98	1.75	13.14% (+0.23)	―
Feb 19, 2025	2024 (Q4)	1.33 / 1.34	1.27	5.51% (+0.07)	―
Nov 04, 2024	2024 (Q3)	0.39 / 0.34	0.45	-24.44% (-0.11)	―
Aug 05, 2024	2024 (Q2)	0.49 / 0.48	0.58	-17.24% (-0.10)	―
May 06, 2024	2024 (Q1)	1.76 / 1.75	1.84	-4.89% (-0.09)	―
Feb 21, 2024	2023 (Q4)	1.27 / 1.27	1.23	3.25% (+0.04)	―
Oct 30, 2023	2023 (Q3)	0.42 / 0.45	0.44	2.27% (+0.01)	―
Jul 31, 2023	2023 (Q2)	0.58 / 0.58	0.59	-1.69% (-0.01)	―
May 01, 2023	2023 (Q1)	1.85 / 1.84	1.83	0.55% (+0.01)	―

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, After Close (Confirmed).

What is ONE Gas (OGS) earnings time?

ONE Gas (OGS) earnings time is at Aug 05, 2025, After Close (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 0.53.

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