---
schema_version: "secwatch.filing_event.v1"
accession: "0001587732-23-000027"
form_type: "8-K"
ticker: "OGS"
cik: "0001587732"
company_name: "ONE Gas, Inc."
filed_at: "2023-05-01T23:59:59+00:00"
generated_at: "2026-06-16T04:59:43.708673+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# ONE Gas reports Q1 net income $102.6M ($1.84 EPS); affirms 2023 guidance, declares $0.65 dividend

## Summary
- Q1 net income $102.6M ($1.84 diluted EPS) vs $98.9M ($1.83) in Q1 2022; operating income $149.2M vs $140.8M.
- Affirms 2023 EPS guidance $4.02-$4.26 and net income $224M-$238M; capex ~$675M.
- Board declares $0.65 quarterly dividend payable June 2, 2023 (unchanged from prior rate).
- Weather was 14.5% warmer YoY but impact mitigated by normalization mechanisms; new rates added $17.3M.
- Regulatory filings: Oklahoma Natural Gas seeks $27.6M rate increase; Texas GRIP filings; $197M Texas securitization proceeds received.

## SEC filing metadata
- accession: 0001587732-23-000027
- form_type: 8-K
- ticker: OGS
- cik: 0001587732
- company_name: ONE Gas, Inc.
- filed_at: 2023-05-01T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 2.02, 7.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1587732/000158773223000027/0001587732-23-000027-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1587732/000158773223000027/ogs-20230501.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001587732-23-000027
- JSON: https://secwatch.observer/filing/0001587732-23-000027.json
- Plain text: https://secwatch.observer/filing/0001587732-23-000027.txt

## Key facts
- Earnings Releases
  ONE Gas, Inc. reported first quarter 2023 results: net income $102.6 million, EPS $1.84 per diluted share. Guidance reaffirmed.
  - Period: first quarter 2023
  - Net income: $102.6 million
  - EPS: $1.84 per diluted share
  - Guidance: reaffirmed
  - Result: reported results
  source text: On May 1, 2023, we announced our results of operations for the quarter ended March 31, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1587732/000158773223000027/0001587732-23-000027-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.