secwatch.observer — SEC 8-K summary
======================================

Issuer:     ONE Gas, Inc. (OGS)
CIK:        0001587732
Form:       8-K
Filed at:   2023-05-01T23:59:59+00:00
Accession:  0001587732-23-000027
Event type: earnings
Sentiment:  neutral
Materiality: 0.55
Item codes: 2.02, 7.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1587732/000158773223000027/0001587732-23-000027-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1587732/000158773223000027/ogs-20230501.htm
  HTML page:      https://secwatch.observer/filing/0001587732-23-000027

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer