ONE Gas (OGS) Q2 FY26 earnings call

ONE Gas delivered a strong second quarter, exceeding expectations due to favorable regulatory outcomes, particularly in Texas, and successful execution on large load customer opportunities. The company raised its full-year adjusted EPS guidance to the upper half of its range, reflecting confidence in its strategy of disciplined investment in a 100% regulated business model. Management highlighted ongoing efforts to manage O&M costs through insourcing initiatives, despite current inflationary pressures.