secwatch.observer — SEC 8-K summary
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Issuer:     ONE Gas, Inc. (OGS)
CIK:        0001587732
Form:       8-K
Filed at:   2025-12-01T23:59:59+00:00
Accession:  0001587732-25-000060
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1587732/000158773225000060/0001587732-25-000060-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1587732/000158773225000060/ogs-20251201.htm
  HTML page:      https://secwatch.observer/filing/0001587732-25-000060

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