earnings
confidence high
sentiment positive
materiality 0.75
ONE Gas Q1 net income $119.4M ($1.98/sh), up 20% YoY; targets upper half of 2025 guidance
ONE Gas, Inc.
2025-Q1 EPS reported
$1.98
- Q1 2025 net income $119.4M ($1.98 diluted EPS) vs $99.3M ($1.75) in Q1 2024, a 20% increase.
- Operating income rose to $180.5M from $145.9M, driven by $51.9M from new rates and customer growth.
- Quarterly dividend of $0.67/sh ($2.68 annualized) declared, payable June 3, 2025, to holders of record May 19.
- 2025 guidance: expects upper half of net income $254M-261M and EPS $4.20-4.32 range announced Dec 2024.
- Q1 capex $177.7M; regulatory filings filed in KS, TX, and OK totaling ~$78M in requested revenue increases.