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July 29, 2019
Second-quarter 2019 net income was $24.5 million, or $0.46 per diluted share, compared with $20.4 million, or $0.39 per diluted share, in the second quarter 2018;
Year-to-date 2019 net income was $118.1 million, or $2.22 per diluted share, compared with $111.3 million, or $2.10 per diluted share, in the same period last year;
Updated 2019 net income guidance to the range of $180 million to $190 million, compared with the previous guidance range of $174 million to $190 million;
Actual heating degree days across the company's service areas were 581 in the second quarter 2019, 9% warmer than normal and 32% warmer than the same period last year; and
A quarterly dividend of $0.50 per share, or $2.00 per share on an annualized basis, was declared on July 22, 2019, payable Sept. 3, 2019, to shareholders of record at the close of business on Aug. 12, 2019.
A $10.4 million increase from new rates; and
A $1.5 million increase attributed to net residential customer growth in Oklahoma and Texas; offset by
The following information was filed by One Gas, Inc. (OGS) on Monday, July 29, 2019 as an 8K 2.02 statement, which is an earnings press release pertaining to results of operations and financial condition. It may be helpful to assess the quality of management by comparing the information in the press release to the information in the accompanying 10-Q Quarterly Report statement of earnings and operation as management may choose to highlight particular information in the press release.
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