ONE Gas, Inc.
For the period ended Sep 30, 2026. Filed Nov 3, 2026.
View on SEC.govAbout this filing
A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Sep 30, 2026 · Filed Nov 3, 2026
OGS$82.30+1.3%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Statements of Cash Flows
| ONE Gas, Inc. | ||
|---|---|---|
| CONSOLIDATED STATEMENTS OF CASH FLOWS | ||
| Nine Months EndedSeptember 30, | ||
| (Unaudited) | 2026 | 2025 |
| (Thousands of dollars) | ||
| Operating activities | ||
| Net income | $206,704 | $177,918 |
| Adjustments to reconcile net income to net cash provided by operating activities: | ||
| Depreciation and amortization | 232,652 | 237,951 |
| Deferred income taxes | 39,297 | 30,742 |
| Share-based compensation expense | 11,846 | 11,305 |
| Provision for doubtful accounts | 9,169 | 5,843 |
| Changes in assets and liabilities: | ||
| Accounts receivable | 236,573 | 192,432 |
| Materials and supplies | 1,839 | (5,791) |
| Income tax receivable | 55,552 | — |
| Natural gas in storage | (35,119) | (36,861) |
| Asset removal costs | (44,426) | (35,987) |
| Accounts payable | (95,293) | (130,571) |
| Accrued taxes other than income | (281) | (1,920) |
| Customer deposits | 7,332 | 419 |
| Regulatory assets and liabilities - current | (111,460) | 55,334 |
| Regulatory assets and liabilities - noncurrent | (4,261) | 23,620 |
| Other assets and liabilities - current | (10,976) | 3,339 |
| Other assets and liabilities - noncurrent | 8,640 | 8,045 |
| Cash provided by operating activities | 507,788 | 535,818 |
| Investing activities | ||
| Capital expenditures | (542,468) | (539,433) |
| Other investing expenditures | (7,910) | (8,053) |
| Other investing receipts | 7,732 | 3,629 |
| Cash used in investing activities | (542,646) | (543,857) |
| Financing activities | ||
| Borrowings (repayments) of notes payable, net | 52,400 | (150,200) |
| Issuance of other long-term debt, net of discounts and premiums | 373,781 | 250,000 |
| Long-term debt financing costs | (3,356) | (432) |
| Issuance of common stock | 3,895 | 3,561 |
| Repayment of other long-term debt | (250,010) | (10) |
| Repayment of securitized utility tariff bonds | (31,133) | (29,493) |
| Dividends paid | (128,098) | (120,505) |
| Tax withholdings related to net share settlements of stock compensation | (4,186) | (2,634) |
| Construction advances | 6,841 | — |
| Cash provided by (used in) financing activities | 20,134 | (49,713) |
| Change in cash, cash equivalents, restricted cash and restricted cash equivalents | (14,724) | (57,752) |
| Cash, cash equivalents, restricted cash and restricted cash equivalents at beginning of period | 33,727 | 78,537 |
| Cash, cash equivalents, restricted cash and restricted cash equivalents at end of period | $19,003 | $20,785 |
| Supplemental cash flow information: | ||
| Cash paid for interest, net of amounts capitalized including AFUDC at September 30, 2026 and 2025 of $3.0 million and $4.6 million, respectively | $97,430 | $103,926 |
| Cash paid (received) for state income taxes | $1,150 | $(768) |
| Cash paid (received) for federal income taxes | $(48,802) | $7,763 |
| ONE Gas, Inc. | ||||||
|---|---|---|---|---|---|---|
| CONSOLIDATED STATEMENTS OF EQUITY | ||||||
| (Unaudited) | Common Stock Issued | Common Stock | Paid-in Capital | Retained Earnings | Accumulated Other Comprehensive Income/(Loss) | Total Equity |
| (Shares) · (Thousands of dollars) | ||||||
| January 1, 2026 | 62,692,392 | $627 | $2,530,137 | $909,355 | $4 | $3,440,123 |
| Net income | — | — | — | 128,673 | — | 128,673 |
| Other comprehensive income | — | — | — | — | (183) | (183) |
| Common stock issued and other | 69,598 | 1 | (214) | — | — | (213) |
| Common stock dividends - $0.68 per share | — | — | 512 | (43,190) | — | (42,678) |
| March 31, 2026 | 62,761,990 | $628 | $2,530,435 | $994,838 | $(179) | $3,525,722 |
| Net income | — | — | — | 46,808 | — | 46,808 |
| Other comprehensive income | — | — | — | — | (86) | (86) |
| Common stock issued and other | 35,164 | 1 | 8,119 | — | — | 8,120 |
| Common stock dividends - $0.68 per share | — | — | 514 | (43,192) | — | (42,678) |
| June 30, 2026 | 62,797,154 | $629 | $2,539,068 | $998,454 | $(265) | $3,537,886 |
| Net income | — | — | — | 31,223 | — | 31,223 |
| Other comprehensive income | — | — | — | — | (274) | (274) |
| Common stock issued and other | 59,615 | — | 3,648 | — | — | 3,648 |
| Common stock dividends - $0.68 per share | — | — | 497 | (43,239) | — | (42,742) |
| September 30, 2026 | 62,856,769 | $629 | $2,543,213 | $986,438 | $(539) | $3,529,741 |
| January 1, 2025 | 59,876,861 | $599 | $2,294,469 | $809,606 | $(126) | $3,104,548 |
| Net income | — | — | — | 119,419 | — | 119,419 |
| Other comprehensive income | — | — | — | — | 124 | 124 |
| Common stock issued and other | 52,229 | — | 1,097 | — | — | 1,097 |
| Common stock dividends - $0.67 per share | — | — | 423 | (40,576) | — | (40,153) |
| March 31, 2025 | 59,929,090 | $599 | $2,295,989 | $888,449 | $(2) | $3,185,035 |
| Net income | — | — | — | 32,033 | — | 32,033 |
| Other comprehensive income | — | — | — | — | 46 | 46 |
| Common stock issued and other | 69,144 | 1 | 7,373 | — | — | 7,374 |
| Common stock dividends - $0.67 per share | — | — | 463 | (40,616) | — | (40,153) |
| June 30, 2025 | 59,998,234 | $600 | $2,303,825 | $879,866 | $44 | $3,184,335 |
| Net income | — | — | — | 26,466 | — | 26,466 |
| Other comprehensive income | — | — | — | — | 34 | 34 |
| Common stock issued and other | 807 | — | 11,740 | — | — | 11,740 |
| Common stock dividends - $0.67 per share | — | — | 2,356 | (42,555) | — | (40,199) |
| September 30, 2025 | 59,999,041 | $600 | $2,317,921 | $863,777 | $78 | $3,182,376 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.