ONE Gas (OGS) Issues 2020 Financial Guidance and Narrows 2019 Guidance

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ONE Gas Issues 2020 Financial Guidance; Narrows 2019 Guidance

January 21, 2020 4:20 PM EST

TULSA, Okla., Jan. 21, 2020 /PRNewswire/ -- ONE Gas, Inc. (NYSE: OGS) today announced that its 2020 net income is expected to be in the range of $186 million to $198 million, or $3.44 to $3.68 per diluted share. The midpoint of 2020 net income guidance for ONE Gas (the Company) is $192 million, or $3.56 per diluted share.

The Company also narrowed its 2019 guidance to earnings of $3.49 to $3.53 per diluted share from the previous range of $3.39 to $3.57 per diluted share. Capital expenditures, including asset removal costs, are expected to be approximately $470 million in 2019.

The Company's 2020 earnings guidance... More