Recent Updates — OGS

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.

ONE Gas, Inc. reported second quarter 2026 results on August 4, 2026, raising its full-year adjusted earnings guidance to the upper half of the $306 million–$314 million range and $4.83–$4.95 per diluted share. Second-quarter adjusted net income rose to $52.1 million ($0.82 per diluted share) from $32.7 million in the prior year, driven by a $16.4 million revenue increase from new rates and residential customer growth. The company declared a quarterly cash dividend of $0.68 per share, payable August 31, 2026, to shareholders of record on August 17, 2026. ONE Gas operates as a regulated natural gas utility serving customers in Kansas, Oklahoma, and Texas.

ONE Gas, Inc. adopted amended and restated by-laws effective August 4, 2026, allowing the Board Chair to serve as a full voting member of standing or special committees, subject to independence requirements. This governance change is not material to investors. ONE Gas, Inc. operates in the natural gas distribution industry.