ONE Gas Announces Second Quarter 2020 Financial Results; Reaffirms 2020 Earnings Guidance
TULSA, Okla., July 27, 2020 /PRNewswire/ -- ONE Gas, Inc. (NYSE: OGS) today announced its second quarter 2020 financial results, reaffirmed its 2020 earnings guidance and updated its expectation for capital expenditures and asset removal costs in 2020.
- TULSA, Okla., July 27, 2020 /PRNewswire/ -- ONE Gas, Inc. (NYSE: OGS) today announced its second quarter 2020 financial results, reaffirmed its 2020 earnings guidance and updated its expectation for capital expenditures and asset removal costs in 2020.
- ONE Gas reported operating income of $44.6 million in the second quarter 2020, compared with $46.9 million in the second quarter 2019.
- In March 2020, Texas Gas Service made Gas Reliability Infrastructure Program filings for all customers in the West Texas service area.
- ONE Gas has disclosed net margin in this news release, which is considered a non-GAAP financial metric used to measure the company's financial performance.