trending Market Intelligence /marketintelligence/en/news-insights/trending/BXeDvINCsVIG8RSPH-AtlA2 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

In This List

ONE Gas issues 2020 guidance; increases quarterly dividend

Essential Energy Insights - May 14, 2020

Credit Risk: Identifying Early Warning Signals In The Oil And Gas Industry

Stress Testing Energy Companies in the Current Environment

Infographic Solar Power by the Numbers The US Canada and Mexico


ONE Gas issues 2020 guidance; increases quarterly dividend

ONE Gas Inc. is expecting its 2020 net income to range from $186 million to $198 million, or an earnings per share of $3.44 to $3.68, with a midpoint of $192 million, or $3.56 per share, according to a Jan. 21 release.

ONE Gas narrowed its 2019 EPS guidance $3.49 per share to $3.53 per share from the previous EPS range of $3.39 to $3.57. Capital expenditures for 2019 are expected to come in at $470 million. The company provides natural gas distribution services to more than 2 million customers in Oklahoma, Kansas and Texas.

Capex is expected at about $475 million for 2020, with 70% of this amount to be targeted at system integrity and replacement projects. Between 2020 and 2024, capex is expected to range from $475 million per year to $525 million per year.

In a separate Jan. 21 release, ONE Gas declared a dividend of 54 cents per share, effective for the first quarter of 2020, up 4 cents from the previous dividend of 50 cents per share. The dividend is payable March 6 to shareholders of record on Feb. 21.