ONE Gas, Inc. entered into an underwriting agreement on August 11, 2026, to issue $375 million in aggregate principal amount of 5.45% Senior Notes due 2036. The offering was completed on August 13, 2026, with BofA Securities, RBC Capital Markets, and Truist Securities acting as underwriters. ONE Gas intends to use the net proceeds to repay a $250 million unsecured term loan and amounts outstanding under its commercial paper program, alongside general corporate purposes. The company operates in the natural gas distribution industry.