OGS - ONE Gas GAAP EPS of $1.84 revenue of $1.03B
2023-05-01 16:26:39 ET
- ONE Gas press release ( NYSE: OGS ): Q1 GAAP EPS of $1.84.
- Revenue of $1.03B (+6.0% Y/Y).
- In March 2023, the Company executed a forward sale agreement for 2.0 million shares of its common stock, with settlement by Dec. 29, 2023, for 1.4 million shares and by Dec. 31, 2024, for the remaining shares;
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2023 FINANCIAL GUIDANCE
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ONE Gas affirmed its financial guidance issued on Nov. 30, 2022, with 2023 net income and earnings per share expected to be in the range of $224 million to $238 million, and $4.02 to $4.26 per diluted share.
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Capital expenditures, including asset removal costs, are expected to be approximately $675 million in 2023.
For further details see:
ONE Gas GAAP EPS of $1.84, revenue of $1.03B