Quarterly ResultAug 4, 2026, 04:27 PM
ONE Gas Raises 2026 Guidance, Declares $0.68 Dividend
AI Summary
ONE Gas announced strong second quarter 2026 financial results, with adjusted net income rising to $52.1 million, or $0.82 per diluted share, compared to $32.7 million, or $0.54 per diluted share, in the prior year. Due to this performance, the company raised its 2026 adjusted earnings expectations to the upper half of its previously issued guidance ranges. Additionally, the board declared a quarterly cash dividend of $0.68 per share.
Key Highlights
- Raised 2026 adjusted net income expectations to upper half of $306M-$314M range.
- Raised 2026 adjusted EPS expectations to upper half of $4.83-$4.95 range.
- Declared quarterly cash dividend of $0.68 per share.
- Q2 2026 adjusted net income $52.1M ($0.82/share) vs. $32.7M ($0.54/share) YoY.
- Q2 2026 operating income increased to $82.7M from $71.9M YoY.
- Texas Gas Service received approval for $36.9M revenue increase.
- Expected 2026 capital investments of approximately $800M.
Price Impact
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