---
schema_version: "secwatch.filing_event.v1"
accession: "0001587732-25-000027"
form_type: "8-K"
ticker: "OGS"
cik: "0001587732"
company_name: "ONE Gas, Inc."
filed_at: "2025-05-05T23:59:59+00:00"
generated_at: "2026-05-22T17:23:45.203536+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# ONE Gas Q1 net income $119.4M ($1.98/sh), up 20% YoY; targets upper half of 2025 guidance

## Summary
- 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.

## SEC filing metadata
- accession: 0001587732-25-000027
- form_type: 8-K
- ticker: OGS
- cik: 0001587732
- company_name: ONE Gas, Inc.
- filed_at: 2025-05-05T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1587732/000158773225000027/0001587732-25-000027-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1587732/000158773225000027/ogs-20250505.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001587732-25-000027
- JSON: https://secwatch.observer/filing/0001587732-25-000027.json
- Plain text: https://secwatch.observer/filing/0001587732-25-000027.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.