secwatch.observer — SEC 8-K summary
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Issuer:     ONE Gas, Inc. (OGS)
CIK:        0001587732
Form:       8-K
Filed at:   2023-10-30T23:59:59+00:00
Accession:  0001587732-23-000052
Event type: earnings
Sentiment:  neutral
Materiality: 0.60
Item codes: 2.02, 7.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

ONE Gas Q3 net income $0.45/share; narrows FY23 EPS guidance to $4.06-$4.22
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- Q3 2023 net income $25.2M ($0.45 diluted EPS) vs $23.7M ($0.44) in Q3 2022.
- Narrows 2023 EPS guidance to $4.06-$4.22; net income $227M-$236M.
- Board declares Q4 dividend $0.65/share, payable Dec 1, 2023 (record Nov 15).
- Executed forward sale agreements for 1.38M shares at ~$73.67 initial price; credit facility increased to $1.2B.
- Operating income $57.2M (Q3) vs $47.1M last year, driven by $14.6M from new rates.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1587732/000158773223000052/0001587732-23-000052-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1587732/000158773223000052/ogs-20231030.htm
  HTML page:      https://secwatch.observer/filing/0001587732-23-000052

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