ONE Gas releases transcript of Q2 2026 earnings call
OGS•Project pipeline
Three high-volume projects are under contract, representing about $15 million in incremental annual revenue and about $175 million in capital, with in-service dates in H2 2026 to 2028.
Guidance and regulatory impact
Management steered to the upper half of guidance: adjusted net income of $310 million to $314 million and adjusted EPS of $4.89 to $4.95.
Texas House Bill 4384 is expected to add about $0.42 to full-year adjusted EPS, with Q2 carrying a larger share of the benefit.
Q2 2026 earnings call highlights
ONE Gas discussed Q2 2026 results on an earnings call attended by CEO Robert McAnnally, CFO Christopher Sighinolfi, COO Curtis Dinan, and IR director Erin Dailey.
- Adjusted EPS was $0.82 versus $0.54.
- Adjusted net income was $52.1 million versus $32.7 million.
- GAAP EPS was $0.74.
