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October 28, 2019
Third-quarter 2019 net income was $17.5 million, or $0.33 per diluted share, compared with $16.3 million, or $0.31 per diluted share, in the third quarter 2018;
Year-to-date 2019 net income was $135.6 million, or $2.55 per diluted share, compared with $127.5 million, or $2.41 per diluted share, in the same period last year;
The board of directors declared a quarterly dividend of $0.50 per share, or $2.00 per share on an annualized basis, payable on Dec. 2, 2019, to shareholders of record at the close of business on Nov. 12, 2019.
A $7.3 million increase from new rates;
A $1.9 million increase attributed to net residential customer growth in Oklahoma and Texas; and
A $1.3 million increase due to higher transportation volumes in Kansas.
The following information was filed by One Gas, Inc. (OGS) on Monday, October 28, 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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