ONE Gas Q4 revenue misses analyst expectations

Reuters02-19
ONE Gas Q4 revenue misses analyst expectations

Overview

  • Natural gas utility's Q4 revenue missed analyst expectations

  • Adjusted EPS for Q4 was $1.48, up from $1.35 last year

  • Company settled forward contracts for net proceeds of $205 mln

Outlook

  • ONE Gas expects 2026 adjusted net income between $306 mln and $314 mln

  • Company forecasts 2026 capital investments at approximately $800 mln

Result Drivers

  • NEW RATES - Q4 operating income increased by $23.8 mln due to new rates

  • RESIDENTIAL SALES GROWTH - $1.3 mln increase in residential sales due to customer growth in Oklahoma and Texas

  • COST INCREASES - Employee-related costs rose by $4.2 mln, affecting operating income

Key Details

Metric

Beat/Miss

Actual

Consensus Estimate

Q4 Revenue

Miss

$689.37 mln

$756.77 mln (2 Analysts)

Q4 EPS

$1.42

Q4 Net Income

$86.31 mln

Analyst Coverage

  • The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy", 4 "hold" and no "sell" or "strong sell"

  • The average consensus recommendation for the natural gas utilities peer group is "buy"

  • Wall Street's median 12-month price target for ONE Gas Inc is $90.00, about 5% above its February 17 closing price of $85.74

  • The stock recently traded at 18 times the next 12-month earnings vs. a P/E of 18 three months ago

Press Release: ID:nPnbXz6Nda

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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