Quarterly ResultAug 5, 2026, 04:32 PM
ONE Gas Q2 Net Income +46.1% to $46.8M; EPS $0.74
AI Summary
ONE Gas, Inc. reported a significant increase in net income and EPS for both the second quarter and the first six months of 2026, despite a decrease in total revenues. Net income for Q2 2026 rose 46.1% to $46.8 million, with basic EPS increasing to $0.74. The company also declared a higher quarterly dividend of $0.68 per share and maintained compliance with its debt covenants.
Key Highlights
- Q2 2026 Net Income increased 46.1% to $46.8 million from $32.0 million in Q2 2025.
- Q2 2026 Basic EPS rose 39.6% to $0.74 from $0.53 in Q2 2025.
- Six-month 2026 Net Income increased 15.9% to $175.5 million from $151.5 million in 2025.
- Six-month 2026 Basic EPS grew 10.7% to $2.79 from $2.52 in 2025.
- Total revenues for Q2 2026 were $411.6 million, down from $423.7 million in Q2 2025.
- Dividends declared increased to $0.68 per share for Q2 2026 from $0.67 per share in Q2 2025.
- Commercial paper outstanding was $770.8 million at June 30, 2026, with a 4.09% weighted-average interest rate.
- At-the-market equity program has $204.4 million available for issuance at June 30, 2026.
Price Impact
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