ONE Gas (OGS) Tops Q2 EPS by 2c, Reaffirms 2020 Earnings Guidance

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Go back to ONE Gas (OGS) Tops Q2 EPS by 2c, Reaffirms 2020 Earnings Guidance

ONE Gas Announces Second Quarter 2020 Financial Results; Reaffirms 2020 Earnings Guidance

July 27, 2020 4:15 PM EDT

TULSA, Okla., July 27, 2020 /PRNewswire/ -- ONE Gas, Inc. (NYSE: OGS) today announced its second quarter 2020 financial results, reaffirmed its 2020 earnings guidance and updated its expectation for capital expenditures and asset removal costs in 2020.

2020 FINANCIAL GUIDANCE

ONE Gas reaffirmed its 2020 earnings guidance issued Jan. 21, 2020, with net income expected to be in the range of $186 million to $198 million, with a midpoint of $192 million, or $3.44 to $3.68 per diluted share, with a midpoint of $3.56 per diluted share.

Capital expenditures, including asset removal costs, are now expected to be in the range of... More