After a dip in third quarter earnings reported in November, ONE Gas, Inc. prepares for the release of fourth quarter and full year 2024 financial results in the coming month. Investors will be wanting to know if the fourth quarter brings stronger results.
The release of financial earnings will be made after the market closes on Wednesday, Feb. 19, 2025. It will be followed by a conference call the next day, Thursday, Feb. 20 to be held by ONE Gas executive management team members. The conference call will be held at 10 a.m. central time. The call also will be carried live on the ONE Gas website.
When the third quarter results were released last fall, Robert S. McAnnally, president and chief executive officer, pledged, “As we approach the end of the year, we are poised to deliver strong financial results, serve our customers and strategically position the company for the opportunities that lie ahead.”
Third quarter net income for ONEGAS was $19.3 million or 34 cents a share, lower than the $25.2 million and 45 cents a share in the third quarter of 2023.
Year-to-date net income at the time was also down from $160.5 million and $2.87 a share by November 2023 to $145.8 million and $2.56 a share as of November 2024.