ONE Gas Reports Fourth-Quarter Earnings Beat
TULSA, Okla. -- ONE Gas Inc. (OGS) announced fourth-quarter net income of $77 million, surpassing analysts' estimates of $1.33 per share. The company's earnings per share came in at $1.34.
Revenue for the quarter totaled $630.7 million, slightly below the $660.9 million anticipated by analysts. For the full year, ONE Gas reported net income of $222.9 million or $3.91 per share, and revenue of $2.08 billion.
The company projects full-year earnings for the upcoming year to range from $4.20 to $4.32 per share.