earnings
confidence high
sentiment neutral
materiality 0.50
ONE Gas Q1 net income $99.3M ($1.75/diluted EPS); reaffirms FY guidance, declares $0.66 dividend
ONE Gas, Inc.
2024-Q1 EPS reported
$1.75
- Net income $99.3M ($1.75/diluted EPS) vs $102.6M ($1.84) in Q1 2023.
- Operating income $145.9M, down from $149.2M; weather 9% warmer than normal mitigated by normalization.
- Dividend $0.66/share ($2.64 annualized), payable June 4, 2024, record May 20, 2024.
- Affirmed 2024 net income guidance $214M-$231M ($3.70-$4.00/diluted share); capex $750M.
- Regulatory filings: OK rate case $31.8M, KS $58.1M, TX GRIP $20.9M.