---
schema_version: "secwatch.filing_event.v1"
accession: "0001587732-25-000060"
form_type: "8-K"
ticker: "OGS"
cik: "0001587732"
company_name: "ONE Gas, Inc."
filed_at: "2025-12-01T23:59:59+00:00"
generated_at: "2026-05-16T15:53:00.753558+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# ONE Gas issues 2026 EPS guidance $4.65-$4.77; raises long-term EPS growth to 5%-7%

## Summary
- 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.

## SEC filing metadata
- accession: 0001587732-25-000060
- form_type: 8-K
- ticker: OGS
- cik: 0001587732
- company_name: ONE Gas, Inc.
- filed_at: 2025-12-01T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1587732/000158773225000060/0001587732-25-000060-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1587732/000158773225000060/ogs-20251201.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001587732-25-000060
- JSON: https://secwatch.observer/filing/0001587732-25-000060.json
- Plain text: https://secwatch.observer/filing/0001587732-25-000060.txt

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