ONE Gas, Inc. provided financial guidance for 2026, raising its long-term diluted earnings per share growth rate to 5% to 7%.
The company expects 2026 net income to be in the range of $294 million to $302 million.
Capital investments for 2026 are projected to be approximately $800 million, with a focus on system integrity and replacement projects.
FIVE-YEAR FINANCIAL GROWTH RATES: Capital investments over the next five years are expected to support estimated average rate base growth of 7% to 9% per year through 2030.
The Company anticipates total net long-term financing needs for the period 2026 through 2030 of approximately $1.3 billion, with a significant portion expected to be equity.
2026 Financial Guidance
Net income expected to be $294-302 million, with EPS of $4.65-$4.77.
Capital Investments
Approximately $800 million allocated for capital investments in 2026, with a focus on system integrity and replacement projects.
Long-term Growth Rates
Anticipated average rate base growth of 7% to 9% per year through 2030.
Financing Needs
Total net long-term financing needs estimated at around $1.3 billion for the period 2026-2030.
Equity Financing
Approximately 30% of the financing is expected to be through equity funding.
- The increase in long-term diluted earnings per share growth rate to 5% to 7% signifies improved profitability and investor confidence.
- The focus on system integrity and replacement projects with the $800 million capital investment in 2026 reflects the company's commitment to infrastructure upgrade and customer service enhancement.
ONE Gas, Inc. is strategically positioned to drive sustainable growth through its financial guidance for 2026 and the proactive capital investments planned for the upcoming years. With a focus on system integrity, customer growth, and financial stability, the company aims to deliver long-term value to its shareholders and customers.