ONE Gas (OGS) Q4 Earnings Beat Estimates, Revenues Miss

 | Feb 19, 2020 09:02PM ET

ONE Gas (NYSE:OGS) reported fourth-quarter 2019 earnings of 96 cents per share, which surpassed the Zacks Consensus Estimate of 95 cents by 1.1%.

The figure also rose 14.3% from the year-ago level driven by new rates, and residential customer growth in Oklahoma and Texas.

Total Revenues

The company recorded total revenues of $453 million in the fourth quarter, which missed the Zacks Consensus Estimate of $468 million by 3.3%. Revenues also declined 2.6% from the year-ago level.

ONE Gas, Inc. Price, Consensus and EPS Surprise

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Other Releases

National Fuel Gas Company (NYSE:NFG) posted first-quarter fiscal 2020 operating earnings of $1.01 per share, beating the Zacks Consensus Estimate of 95 cents by 6.3%.

Atmos Energy Corporation (NYSE:ATO) posted first-quarter fiscal 2020 earnings of $1.47 per share, which lagged the Zacks Consensus Estimate of $1.49 by 1.3%.

Plains All American Pipeline, L.P. (NYSE:PAA) reported fourth-quarter 2019 adjusted earnings of 63 cents per unit, beating the Zacks Consensus Estimate of 49 cents by 28.6%.

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