secwatch.observer — SEC 8-K summary
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Issuer:     ONE Gas, Inc. (OGS)
CIK:        0001587732
Form:       8-K
Filed at:   2024-12-04T23:59:59+00:00
Accession:  0001587732-24-000064
Event type: other_material
Sentiment:  positive
Materiality: 0.60
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

ONE Gas guides 2025 EPS $4.20-$4.32; targets 7-9% avg rate base growth through 2029
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- 2025 net income guidance range $254M-$261M; diluted EPS $4.20-$4.32 (midpoint $4.26).
- 2025 capex ~$750M, including $180M for customer extensions; avg rate base $5.8B.
- Five-year capex $750M-$850M/yr ($4B total); avg rate base growth 7-9% per year through 2029.
- Operating cost growth trimmed to ~4% annually (from 5%); dividend growth 1-2%/yr, payout 55-65%.
- Expects to settle ~$245M of forward equity year-end 2024; ~$30M roll to 2025.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1587732/000158773224000064/0001587732-24-000064-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1587732/000158773224000064/ogs-20241204.htm
  HTML page:      https://secwatch.observer/filing/0001587732-24-000064

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