Guidance

2020 Financial Guidance

ONE Gas 2020 net income is expected to be in the range of $186 million to $198 million, or $3.44 to $3.68 per diluted share. The midpoint for ONE Gas’ 2020 net income guidance is $192 million, or $3.56 per diluted share.

Capital expenditures, including asset removal costs, are expected to be approximately $475 million in 2020, with approximately 70% of these expenditures targeted for system integrity and replacement projects.

Guidance estimates may be impacted by the variables listed in the forward-looking statements. For additional information that could cause actual results to differ materially from such forward-looking statements, refer to ONE Gas’ Securities and Exchange Commission filings.

2020 Guidance Table

2020 Guidance Investor Presentation

2020 Guidance News Release