Oklahoma-based ONE Gas, Inc. plans to release its first quarter 2025 financial results after the market closes on Monday, May 5.
A day later, the company’s executive management team will take part in a conference call at 10 a.m. Central daylight time. The call will be carried live on the ONE Gas website. The call will also be carried live on the ONE Gas website.
When fourth quarter results were announced in February, ONE Gas recorded net income of $77 million or $1.34 per share, up from $70 million and $1.27 a year earlier. The firm’s full year 2024 net income was $222.9 million or $3.91 a share, down from $231.2 million and $4.14 a share last year.
With operations in Oklahoma, Kansas and Texas, ONE Gas reported operation income in the fourth quarter of $124.3 million, improved from $107.1 million in the fourth quarter of 2023. The company said it reflected an increase of $24.6 million in new rates, a $1.2 million increase in residential sales due to customer growth in Oklahoma and Texas and an increase of $7.9 million in gas sales-related revenues.
On Tuesday, ONE Gas finished trading with a 51 cent or 0.67% gain to settle at $76.62 per share.
