The earnings call reflected strong financial performance and growth, with significant increases in net income and raised guidance. Regulatory progress and customer base expansion were also positive, although increased operating expenses and weather-related challenges were noted.

Company Guidance

During the ONE Gas Second Quarter 2025 Earnings Conference Call, the company reported strong financial performance, driven by consistent regulatory strategy execution, disciplined cost management, and increased customer demand. Net income for the quarter was $32 million, or $0.53 per diluted share, a substantial increase from the previous year. This performance led to an upward revision of the full-year 2025 guidance, with expected net income ranging from $261 million to $267 million and earnings per diluted share between $4.32 and $4.42. The revised outlook was bolstered by Texas House Bill 4384, facilitating recovery of system investments. Additionally, ONE Gas completed equity raises, securing more than $226 million in expected proceeds under forward agreements, covering 2025 needs and part of 2026 requirements. The company maintained its capital expenditure forecast at approximately $750 million for the year and experienced a 7.5% increase in operating and maintenance expenses year-over-year for the second quarter. Regulatory advancements included a $41.1 million revenue increase in Oklahoma and rate adjustments across Texas and Kansas. Despite challenging weather conditions, ONE Gas continued to advance key projects, including the Austin system reinforcement project, while achieving a 9% year-over-year increase in new customer additions.

Strong Financial Performance

Net income for the quarter was $32 million, or $0.53 per diluted share, compared to $27.2 million, or $0.48 in the same period last year. This reflects new rates and an expanding customer base.

Raised Full Year Financial Guidance

The company increased its 2025 net income guidance to between $261 million and $267 million, and earnings per diluted share to between $4.32 and $4.42, due to robust growth and legislative support.

Successful Equity Raises

Completed equity raises and forward sale agreements secured more than $226 million, meeting 2025 equity needs and partially covering 2026 requirements.

Regulatory Approvals and Progress

The Oklahoma Corporation Commission approved a $41.1 million revenue increase, and other rate increases were filed in Texas and Kansas, reflecting effective regulatory engagement.

Growth in Customer Base

Installed nearly 11,400 new meters in the first half of the year, with more than a 9% year-over-year increase in new customer additions, driven by growth in metropolitan areas.

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
Nov 03, 2025	2025 (Q3)	0.41 / -	0.34	―	―	―
Aug 06, 2025	2025 (Q2)	0.53 / 0.53	0.48	10.42% (+0.05)	―
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)	―

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
Aug 06, 2025	$73.18	$74.45	+1.74%
May 05, 2025	$76.87	$79.44	+3.34%
Feb 19, 2025	$70.48	$70.35	-0.18%
Nov 04, 2024	$67.51	$68.05	+0.80%

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 Inc (OGS) report earnings?

ONE Gas Inc (OGS) is schdueled to report earning on Nov 03, 2025, After Close (Confirmed).

What is ONE Gas Inc (OGS) earnings time?

ONE Gas Inc (OGS) earnings time is at Nov 03, 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 (Q3) is 0.41.

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