ONE Gas’s Regulatory Triumphs: How Timely Approvals Are Boosting Growth in 2025 and Beyond!

ONE Gas has reported its financial performance for the third quarter of 2024, achieving results that align with the company’s expectations. This performance is largely due to consistent operational execution and favorable regulatory outcomes. ONE Gas has cautiously updated its earnings guidance, now anticipating earnings per share (EPS) to range between $3.85 to $3.95, slightly higher than previous forecasts. However, challenges exist with the rising interest rates impacting longer-term borrowing costs, although the company has been able to benefit from a favorable interest rate environment through a reduced commercial paper rate following a Federal Reserve rate cut.