Can ONE Gas’s $178 Million Infrastructure Push Spark a Major Growth Surge?

ONE Gas reported robust financial results for the first quarter of 2025, with a net income of $119 million or $1.98 per diluted share. This outcome marked a notable improvement from $99.3 million or $1.75 per diluted share during the same period last year, bolstered by a combination of new rates and strong customer demand due to colder-than-normal weather conditions. The company also highlighted that first-quarter weather was 5% colder than normal, further boosting customer demand for natural gas.