ONE Gas (OGS) Tops Q2 EPS by 7c, Raises FY EPS Guidance

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ONE Gas Announces Second-quarter 2016 Financial Results; Updates 2016 Financial Guidance

August 1, 2016 4:06 PM EDT

TULSA, Okla., Aug. 1, 2016 /PRNewswire/ -- ONE Gas, Inc. (NYSE: OGS) today announced financial results for its second quarter 2016 and updated its 2016 financial guidance.

Highlights include:

Second-quarter 2016 net income was $20.3 million, or $0.38 per diluted share, compared with $12.1 million, or $0.23 per diluted share, in the second quarter 2015; Updated 2016 net income guidance to the range of $135 million to $140 million, compared with the previous guidance range of $127 million to $137 million; Actual heating degree days across the company's service areas were 527 in the second quarter 2016, 19 percent... More