earnings
confidence high
sentiment positive
materiality 0.70
ONE Gas issues 2026 EPS guidance $4.65-$4.77; raises long-term EPS growth to 5%-7%
ONE Gas, Inc.
- 2026 net income guidance $294M-$302M, diluted EPS $4.65-$4.77; midpoint $298M and $4.71.
- Long-term diluted EPS growth rate raised to 5%-7% from 4%-6%; annual net income growth 7%-9%.
- 2026 capital investments ~$800M; five-year (2026-2030) capex ~$4.3B, including ~$1.2B growth capital.
- Average rate base growth 7%-9% annually through 2030; operating cost growth 3%-4% (vs prior 4%).
- Total net financing needs $1.3B through 2030 (30% equity); forward sale agreements cover ~2.9M shares at ~$78/sh.