ONE Gas Q4 2019 Earnings Report
Key Takeaways
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.
Net income for the fourth quarter of 2019 was $51.2 million, or $0.96 per diluted share.
Operating income for the fourth quarter of 2019 reached $82.0 million.
Capital expenditures and asset removal costs for the fourth quarter of 2019 totaled $121.2 million.
The company increased its quarterly dividend by 4 cents to 54 cents per share.
ONE Gas
ONE Gas
ONE Gas Revenue by Segment
Forward Guidance
ONE Gas anticipates net income to be in the range of $186 million to $198 million, or $3.44 to $3.68 per diluted share for 2020. Capital expenditures are projected to be approximately $475 million.
Revenue & Expenses
Visualization of income flow from segment revenue to net income