ONE Gas: 2Q Earnings Snapshot
TULSA, Okla. (AP) _ ONE Gas Inc. (OGS) on Monday reported second-quarter net income of $20.4 million.
The Tulsa, Oklahoma-based company said it had profit of 39 cents per share.
The results topped Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 32 cents per share.
The natural gas distribution posted revenue of $292.5 million in the period.
ONE Gas expects full-year earnings to be $3.15 to $3.35 per share.
ONE Gas shares have increased almost 3 percent since the beginning of the year. In the final minutes of trading on Monday, shares hit $75.23, a climb of slightly more than 3 percent in the last 12 months.