ONE Gas (OGS) Tops Q1 EPS by 2c, Reaffirms Guidance

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Go back to ONE Gas (OGS) Tops Q1 EPS by 2c, Reaffirms Guidance

ONE Gas Announces First-quarter 2016 Financial Results

May 2, 2016 4:06 PM EDT

TULSA, Okla., May 2, 2016 /PRNewswire/ -- ONE Gas, Inc. (NYSE: OGS) today announced financial results for its first quarter 2016; declared its quarterly dividend; and reaffirmed its 2016 financial guidance.

Highlights include:

First-quarter 2016 net income was $64.7 million, or $1.22 per diluted share, compared with $60.4 million, or $1.13 per diluted share, in the first quarter 2015; Actual heating degree days across the company's service areas were 4,550 in the first quarter 2016, 14 percent warmer than normal and 18 percent warmer than the same period last year; and The board of directors declared a... More