ONE Gas Announces First Quarter 2021 Financial Results
Declares Second Quarter Dividend; Reaffirms 2021 Financial Guidance
News provided by
Share this article
Share this article
TULSA, Okla., May 3, 2021 /PRNewswire/ ONE Gas, Inc. (NYSE: OGS) today announced its first quarter 2021 financial results, declared its quarterly dividend and reaffirmed its 2021 financial guidance.
FIRST QUARTER 2021 FINANCIAL RESULTS & HIGHLIGHTS
First quarter 2021 net income was $95.6 million, or $1.79 per diluted share, compared with $91.7 million, or $1.72 per diluted share, in the first quarter 2020;
Actual heating degree days across the company s service areas were 5,600 in the first quarter 2021, 7% colder than normal and 19% colder than the same period last year;
ONE Gas Announces First Quarter 2021 Financial Results prnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prnewswire.com Daily Mail and Mail on Sunday newspapers.
Vanguard Renewables
Apr 30, 2021
TULSA, Okla. ONE Gas and Vanguard Renewables today announced a renewable natural gas (RNG) initiative designed to develop and expand farm-based RNG projects across Kansas, Oklahoma and Texas. This will be Vanguard Renewables first mid-continent alliance with a local natural gas distribution company that is committed to innovating its clean energy fuel mix through RNG.
The joint effort delivers a sustainable, renewable energy option for ONE Gas customers to reduce emissions and achieve environmental, social and governance (ESG) goals. We are excited to partner with Vanguard Renewables to provide more sustainable and carbon-neutral energy solutions for our communities and customers, said Jason Ketchum, vice president of Commercial Activities for ONE Gas. RNG is a vital part of a sustainable energy future as it provides a reliable path to reduce emissions.
Commissioners approved the request Wednesday, but kept some safeguards in place for Oklahomans.
Vanguard will be required to make quarterly reports on its in-house funds ownership in regulated utilities using the FERC format.
The order approved by commissioners also requires Vanguard to include its in-house funds aggregate investments in ONE Gas (a regulated utility in Oklahoma that doesn’t qualify as such under FERC’s rules).
The order does not eliminate the need for future presumed control rebuttal hearings. The corporation commission’s Public Utility Division or the Oklahoma Attorney General could initiate future cases whenever a perceived need arises.
Share this article
Share this article
TULSA, Okla., April 29, 2021 /PRNewswire/ ONE Gas and Vanguard Renewables today announced a renewable natural gas (RNG) initiative designed to develop and expand farm-based RNG projects across Kansas, Oklahoma and Texas. This will be Vanguard Renewables first mid-continent alliance with a local natural gas distribution company that is committed to innovating its clean energy fuel mix through RNG.
The joint effort delivers a sustainable, renewable energy option for ONE Gas customers to reduce emissions and achieve environmental, social and governance (ESG) goals.
Vanguard Renewables
A Vanguard Renewables anaerobic digester recycles greenhouse gas-producing organic waste into renewable energy on a Massachusetts farm.