ONE Gas reported Q4 2024 earnings per share of $1.34, with net income increasing to $77.0 million. Operating income rose to $124.3 million, supported by higher rates and customer growth. Revenue reached $630.7 million, reflecting an increase in natural gas sales and transportation revenues. Despite warm weather impacting demand, financial results were strong due to strategic regulatory measures.
ONE Gas reported a net income of $19.3 million for the third quarter of 2024, with earnings per diluted share at $0.34. The company raised and narrowed its 2024 diluted earnings per share guidance to a range of $3.85 to $3.95. Operating income increased to $59.5 million, driven by new rates, while capital expenditures rose to $197.7 million.
ONE Gas reported a net income of $27.3 million, or $0.48 per diluted share, for the second quarter of 2024, compared to $32.7 million, or $0.58 per diluted share, in the second quarter of 2023. Operating income increased to $69.4 million, driven by new rates and residential sales growth, but was partially offset by increased expenses. The company reaffirmed its 2024 financial guidance with net income expected to be in the range of $214 million to $231 million, or $3.70 to $4.00 per diluted share.
ONE Gas reported a net income of $99.3 million, or $1.75 per diluted share, for the first quarter of 2024. The company affirmed its 2024 financial guidance, expecting net income to be in the range of $214 million to $231 million, or $3.70 to $4.00 per diluted share.
ONE Gas reported a net income of $70.7 million, or $1.27 per diluted share, for the fourth quarter of 2023, compared to $67.0 million, or $1.23 per diluted share, for the fourth quarter of 2022. The company's operating income increased to $107.1 million from $103.6 million in the same period last year, driven by new rates and residential sales growth.
ONE Gas reported a net income of $25.2 million, or $0.45 per diluted share, for the third quarter of 2023, compared to $23.7 million, or $0.44 per diluted share, for the third quarter of 2022. The company narrowed its 2023 earnings guidance and declared a quarterly dividend of $0.65 per share.
ONE Gas reported a net income of $32.7 million, or $0.58 per diluted share, for the second quarter of 2023, compared to $32.1 million, or $0.59 per diluted share, for the same period in 2022. Operating income increased to $64.0 million from $58.6 million, driven by new rates and residential sales growth, offset by increased employee-related costs and lower sales volumes.
ONE Gas announced its first quarter financial results with a net income of $102.6 million, or $1.84 per diluted share, compared to $98.9 million, or $1.83 per diluted share, in the first quarter of 2022. The company affirmed its 2023 financial guidance.
ONE Gas announced its fourth quarter 2022 financial results, which included diluted earnings per share of $1.23. The company ended the year on plan, focusing on safe operations, customer service, and cost management.
ONE Gas reported a net income of $23.7 million, or $0.44 per diluted share, for the third quarter of 2022, compared to $20.3 million, or $0.38 per diluted share, for the same period in 2021. The company's operating income increased to $47.1 million from $41.8 million in the third quarter of the previous year, driven by new rates and customer growth.
ONE Gas reported second quarter 2022 financial results with net income of $32.1 million, or $0.59 per diluted share, compared to $30.1 million, or $0.56 per diluted share, in the second quarter 2021. The company reaffirmed its 2022 financial guidance.
ONE Gas announced its first quarter 2022 financial results, reporting a net income of $98.9 million, or $1.83 per diluted share, compared to $95.6 million, or $1.79 per diluted share, in the first quarter of 2021. The company affirmed its 2022 financial guidance and declared a quarterly dividend of $0.62 per share.
ONE Gas reported a positive fourth quarter and looks forward to continued momentum in 2022. Q4 2021 net income was $60.5 million, or $1.12 per diluted share, compared to $58.3 million, or $1.09 per diluted share, in Q4 2020.
ONE Gas reported a net income of $20.3 million for the third quarter of 2021, which translates to $0.38 per diluted share. The company's operating income for the quarter was $41.8 million. They updated financial guidance with 2021 net income now expected to be in the range of $204 million to $209 million, and $3.80 to $3.90 per diluted share.
ONE Gas announced its second quarter 2021 financial results with a net income of $30.1 million, or $0.56 per diluted share. The company reaffirmed its 2021 financial guidance.
ONE Gas reported a net income of $95.6 million, or $1.79 per diluted share, for the first quarter of 2021, compared to $91.7 million, or $1.72 per diluted share, for the same period in 2020. The company reaffirmed its 2021 financial guidance.
ONE Gas announced its fourth quarter 2020 financial results, reporting diluted earnings per share of $1.09. The company is also addressing the impact of the recent winter storm, which significantly impacted supply, demand, and market pricing for natural gas in its service territories.
ONE Gas reported a net income of $21.1 million, or $0.39 per diluted share, for the third quarter of 2020, compared to $17.5 million, or $0.33 per diluted share, for the third quarter of 2019. The company updated its 2020 financial guidance, expecting net income and earnings per diluted share to be near the upper end of the ranges.
ONE Gas reported a net income of $25.3 million, or $0.48 per diluted share, for the second quarter of 2020. The company reaffirmed its 2020 earnings guidance and updated its expectation for capital expenditures and asset removal costs in 2020.
ONE Gas announced first quarter 2020 financial results with a net income of $91.7 million, or $1.72 per diluted share. The company affirmed its 2020 financial guidance, expecting net income in the range of $186 million to $198 million, or $3.44 to $3.68 per diluted share.
ONE Gas announced strong financial results for Q4 2019, with net income rising to $51.2 million, or $0.96 per diluted share, compared to $44.7 million, or $0.84 per diluted share, in Q4 2018. The company's operating income also saw an increase to $82.0 million.