Disclaimer
Please note that you are now entering a website directly or indirectly maintained by a third party (the "External Site") and that you do so at your own risk.
ONE Gas Inc. (“OGS”) has no control over the External Site, any data or other content contained therein or any additional linked websites. The link to the External Site is provided for convenience purposes only.
By clicking “Accept” you acknowledge and agree that neither OGS nor third party provider Virtua Research, Inc. (“Virtua) is responsible, or accepts or assumes any responsibility or liability whatsoever for, the content, the data or the technical operation of the Linked Site. Further, by entering the External Site, you also acknowledge and agree that you completely and irrevocably waive any and all rights and claims against OGS and Virtua and further acknowledge and agree that in no event shall OGS or Virtua, its officers, employees, directors and agents be liable for any (i) indirect, consequential, incidental, special, compensatory or punitive damages, (ii) damages for loss of income, loss of business profits, business interruption, loss of data or business information, loss of or damage to property, (iii) claims of third parties, or (iv) other pecuniary loss, arising out of or related to this disclaimer or the External Site
By entering the External Site, you further acknowledge and agree that the disclaimer of warranties and limitations of liability set out in this disclaimer shall apply regardless of the causes, circumstances or form of action giving rise to the loss, damage, claim or liability, even if such loss, damage, claim or liability is based upon breach of contract (including, without limitation, a claim of fundamental breach or breach of a fundamental term), tort (including, without limitation, negligence), strict liability or any other legal or equitable theory, and even if OGS and Virtua are advised of the possibility of the loss, damage, claim or liability. The waiver and release specifically includes, without limitation, any and all rights and claims pertaining to the processing of personal data, including but not limited to any rights under any applicable data protection statute(s).
If in any jurisdiction, any part of this disclaimer is held to be unenforceable by a court of competent jurisdiction, such part of this disclaimer shall be restricted or eliminated to the minimum extent and the remaining disclaimer shall otherwise remain in full force and effect.
Please note the information presented is deemed representative at the time of its original filing with the Securities and Exchange Commission. Reclassifications in historical information may occur due to recently issued accounting standard codification updates for reporting purposes under the accounting principles generally accepted in the United States of America (GAAP).
Non-GAAP Information
ONE Gas has disclosed net margin, which is considered a non-GAAP financial metric used to measure the company's financial performance. Net margin is comprised of total revenues less cost of natural gas. Cost of natural gas includes commodity purchases, fuel, storage, transportation and other gas purchase costs recovered through our cost of natural gas regulatory mechanisms and does not include an allocation of general operating costs or depreciation and amortization. In addition, these regulatory mechanisms provide a method of recovering natural gas costs on an ongoing basis without a profit. Therefore, although our revenues will fluctuate with the cost of natural gas that we pass through to our customers, net margin is not affected by fluctuations in the cost of natural gas. Accordingly, we routinely use net margin in the analysis of our financial performance. We believe that net margin provides investors a more relevant and useful measure to analyze our financial performance as a 100% regulated natural gas utility than total revenues because the change in the cost of natural gas from period to period does not impact our operating income. A reconciliation of net margin to the most directly comparable GAAP measure is included in this website. ONE Gas and Virtua also take no responsibility for third party pricing data provided for informational purposes and certain ratio results formulated from the provided third party pricing data.
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At ONE Gas, we are committed to supporting the communities we serve by giving back financially, volunteering our time and utilizing various resources to bring about a better tomorrow. Our impact is felt through sponsorships, charitable grants, matching grants, support for public schools and participation in United Way campaigns. In 2024, we contributed $3.3 million to nonprofit organizations through the ONE Gas Foundation and community giving.
In addition to financial support, our employees, retirees, and their family and friends generously give their time engaging in volunteer events supporting numerous charitable organizations. Company executives and employees also serve on boards and committees for many nonprofits. It is all part of our ongoing commitment to make our communities better places to live.
We support our communities in three key focus areas:
Community Enrichment & Assistance — This includes natural gas safety, equipment, disaster recovery and investing in public spaces. These align with our company’s mission and Core Values while championing the use of natural gas.
Education & Workforce Development — Our philanthropic strategy emphasizes education — specifically in Science, Technology, Engineering, Arts, and Mathematics (STEAM) education and leadership development efforts. This approach aligns our efforts to equip the next generation’s workforce with the necessary skills.
Community Collaboration — We seek to leverage our resources with other organizations, allowing us to create a greater impact and better quality of life. This approach helps address the cultural needs of the communities we serve.
Contact your state’s Community Relations Manager for more information about our community giving.
Read more about our community support in our 2024 ONE Gas Foundation Impact Report.