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EX - 99.1 2 ogsq32021 earningsreleasene.htm EX - 99.1 GONE Gas News Exhibit 99.1 November 1 , 2021 Analyst Contact : Brandon Lohse 918-947-7472 Media Contact : Leah Harper 918-947-7123 ONE Gas Announces Third Quarter 2021 Financial Results ; Updates 2021 Financial Guidance TULSA , Okla . - November 1 , 2021 - ONE Gas , Inc. ( NYSE : OGS ) today announced its third quarter 2021 financial results and updated its 2021 financial guidance . THIRD QUARTER 2021 FINANCIAL RESULTS & HIGHLIGHTS • • • • Third quarter 2021 net income was $ 20.3 million , or $ 0.38 per diluted share , compared with $ 21.1 million , or $ 0.39 per diluted share , in the third quarter 2020 ; Year to date 2021 net income was $ 145.9 million , or $ 2.72 per diluted share , compared with $ 138.1 million , or $ 2.59 per diluted share , in the same period last year ; On September 21 , 2021 , we redeemed $ 400 million of the floating - rate senior notes due 2023 at par , using a combination of cash on hand and commercial paper . A quarterly dividend of $ 0.58 per share , or $ 2.32 per share on an annualized basis , was declared on Nov. 1 , 2021 , payable on Dec. 1 , 2021 , to shareholders of record at the close of business on Nov. 15 , 2021 . " In addition to the strong third quarter results supported by new rates and customer growth , we also released our Environmental , Social and Governance Report , which includes our 2020 results and further highlights our commitment to a cleaner energy future , " said Robert S. McAnnally , president and chief executive officer . " Our employees remain focused on serving our 2.2 million customers across Kansas , Oklahoma and Texas , offering innovative and forward - looking solutions while maintaining the safety and integrity of our natural gas distribution system . " THIRD QUARTER 2021 FINANCIAL PERFORMANCE ONE Gas reported operating income of $ 41.8 million in the third quarter 2021 , compared with $ 40.7 million in the third quarter 2020 . -more-