NYSE$OGS
ONE Gas Inc · Q4 2024 earnings
Q4 2024 earnings · · After market close · Investor relations
Briefing
ONE Gas reported strong financial performance in Q4 2024, driven by increased rates and customer growth.
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.
- Q4 2024 net income increased to $77.0 million from $70.7 million in Q4 2023.
- Total revenue grew to $630.7 million, supported by higher rates and sales growth.
- Operating income rose to $124.3 million, driven by new rate implementations.
- Weather was 24.3% warmer than normal, but financial impact was mitigated.
Headline financials
Revenue & EPS history
ONE Gas · Revenue · Quarterly
$631M
Revenue by segment
ONE Gas · $328M total across 3 segments · Q3 2023
- Natural gas sales$286M-11.4%87.3%
- Transportation revenues$29.6M+5.7%9.0%
- Securitization customer charges$12M—3.7%
Forward guidance
ONE Gas expects continued growth in 2025, with net income projected between $254M and $261M and EPS forecasted between $4.20 and $4.32. Capital investments are expected to be around $750M, primarily for system integrity and expansion.
Tailwinds
- Net income projected to increase to a range of $254M to $261M in 2025.
- EPS forecasted between $4.20 and $4.32, reflecting steady growth.
- Capital investments of approximately $750M planned for system integrity.
- Expansion of customer base expected to drive revenue growth.
- Regulatory adjustments support continued rate-based earnings improvements.
Headwinds
- Higher interest expenses due to recent debt issuances.
- Weather variability remains a risk to revenue stability.
- Increasing operational costs, including employee-related expenses.
- Regulatory approval processes may delay rate implementations.
- Potential economic downturn impacting customer demand.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q4 2024
+0.3%
Avg return
Earnings day
+0.0%
Avg return
5 days after
-0.6%
Avg return
30 days after
60%
31 / 52 earnings
Positive
+6.7%
Q3 2020
Best reaction
-4.1%
Q4 2020
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -2.3% | -4.2% | -12.9% | |
| Q4 2025 | +1.8% | +1.7% | -0.1% | |
| Q3 2025 | +0.1% | +0.9% | -3.4% | |
| Q1 2025 | +3.6% | -1.5% | -6.2% | |
| Q4 2024 | -0.2% | +3.1% | +0.9% | |
| Q3 2024 | +0.7% | +4.7% | +7.0% | |
| Q1 2024 | -0.9% | -2.0% | -6.1% | |
| Q4 2023 | +0.2% | -3.7% | +3.1% | |
| Q3 2023 | -1.8% | +1.1% | -4.3% | |
| Q2 2023 | -1.6% | -2.3% | -6.8% | |
| Q1 2023 | +1.8% | +4.9% | +5.2% | |
| Q4 2022 | +0.5% | +1.2% | -3.6% | |
| Q3 2022 | +3.7% | +4.8% | +12.6% | |
| Q2 2022 | -2.3% | -5.1% | -7.9% | |
| Q1 2022 | -1.6% | +0.9% | +2.8% | |
| Q4 2021 | +0.3% | +7.4% | +12.3% | |
| Q3 2021 | +2.0% | +2.9% | -4.2% | |
| Q2 2021 | +1.5% | +0.6% | -1.3% | |
| Q1 2021 | -0.9% | -2.6% | -7.0% | |
| Q4 2020 | -4.1% | -1.5% | +7.4% | |
| Q3 2020 | +6.7% | +2.9% | +14.6% | |
| Q2 2020 | +0.2% | -2.0% | -4.7% | |
| Q1 2020 | -2.7% | -9.6% | -5.5% | |
| Q4 2019 | -1.7% | -3.1% | -29.7% | |
| Q3 2019 | -2.0% | -2.1% | -4.7% | |
| Q2 2019 | +1.0% | +0.2% | -1.2% | |
| Q1 2019 | +0.6% | +0.8% | -1.9% | |
| Q4 2018 | +0.6% | +2.4% | +6.1% | |
| Q3 2018 | +1.1% | -3.0% | +4.1% | |
| Q2 2018 | +2.2% | +1.2% | +4.5% | |
| Q1 2018 | +3.2% | +5.4% | +7.3% | |
| Q4 2017 | -3.1% | -2.2% | -6.1% | |
| Q3 2017 | +0.7% | -0.0% | +2.3% | |
| Q2 2017 | +1.6% | +1.4% | +2.9% | |
| Q1 2017 | +1.0% | +0.7% | +2.6% | |
| Q4 2016 | +2.4% | +1.9% | +4.6% | |
| Q3 2016 | -1.4% | -2.6% | +0.3% | |
| Q2 2016 | -1.5% | -2.2% | -5.7% | |
| Q1 2016 | +2.5% | — | — | |
| Q4 2015 | +0.5% | — | — | |
| Q3 2015 | -0.8% | — | — | |
| Q2 2015 | +3.0% | — | — | |
| Q1 2015 | +1.7% | — | — | |
| Q4 2012 | -0.2% | — | — | |
| Q4 2014 | -0.2% | — | — | |
| Q3 2014 | +1.9% | — | — | |
| Q3 2013 | +1.9% | — | — | |
| Q4 2013 | -3.2% | — | — | |
| Q2 2014 | -3.2% | — | — | |
| Q2 2013 | -3.2% | — | — | |
| Q1 2013 | +0.7% | — | — | |
| Q1 2014 | +2.9% | — | — | |
| Q2 2012 | — | — | — |
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