ONE Gas, Inc. (NYSE:OGS) Files An 8-K Results of Operations and Financial Condition

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ONE Gas, Inc. (NYSE:OGS) Files An 8-K Results of Operations and Financial Condition

ONE Gas, Inc. (NYSE:OGS) Files An 8-K Results of Operations and Financial Condition
Item 2.02

Results of Operations and Financial Condition

See discussion below regarding 2018 earnings guidance under item 7.01, Regulation FD Disclosure.

Item 7.01

Regulation FD Disclosure

On January 15, 2019, we issued our 2019 financial guidance, narrowed our 2018 financial guidance, updated our expected five-year financial and dividend growth rates and increased our capital expenditure forecast.

We also announced that our board of directors declared a cash dividend of 50 cents per share of common stock.

The news releases are furnished as Exhibit 99.1 and 99.2 and incorporated by reference herein.

Item 8.01

Other Events

On January 15, 2019, our board of directors declared a cash dividend of 50 cents per share of common stock, payable March 8, 2019, to shareholders of record at the close of business February 22, 2019.

Item 9.01

Financial Statements and Exhibits

(d)

Exhibits

Exhibit

Number

Description

99.1

99.2

Dividend news release issued by ONE Gas, Inc. dated January 15, 2019.

ONE Gas, Inc. Exhibit
EX-99.1 2 ogs2019financialguidancenr.htm EXHIBIT 99.1 Exhibit Exhibit 99.1January 15,…
To view the full exhibit click here

About ONE Gas, Inc. (NYSE:OGS)

ONE Gas, Inc. is an independent natural gas utility in the United States. The Company is a natural gas distributor in Oklahoma, Kansas and Texas. The Company operates in one segment: regulated public utilities that deliver natural gas to residential, commercial, industrial and transportation customers. The Company provides natural gas distribution services to approximately two million customers through its divisions in Oklahoma, Kansas and Texas. The Company’s distribution markets in terms of customers are Oklahoma City and Tulsa, Oklahoma; Kansas City, Wichita and Topeka, Kansas, and Austin and El Paso, Texas. The Company’s divisions include Oklahoma Natural Gas, Kansas Gas Service and Texas Gas Service. Its divisions, Oklahoma Natural Gas, Kansas Gas Service and Texas Gas Service distribute natural gas as public utilities. It caters to residential, commercial and industrial, transportation, and wholesale and public authority customers in over three states.