ONE Gas (OGS) Tops Q4 EPS by 1c, Revenues Beat; Offers FY20 EPS Guidance

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ONE Gas Announces Fourth Quarter and Full Year 2019 Financial Results

February 19, 2020 4:15 PM EST

TULSA, Okla., Feb. 19, 2020 /PRNewswire/ -- ONE Gas, Inc. (NYSE: OGS) today announced its fourth quarter and full year 2019 financial results, which included diluted earnings per share of $0.96 and $3.51, respectively.

Highlights include:

Fourth quarter 2019 net income was $51.2 million, or $0.96 per diluted share, compared with $44.7 million, or $0.84 per diluted share, in the fourth quarter 2018; Full year 2019 net income increased to $186.7 million, or $3.51 per diluted share, compared with $172.2 million, or $3.25 per diluted share, in 2018; Full year 2019 capital expenditures and asset removal costs were $465.1 million, compared with $447.4 million in... More