ONE Gas Inc. (OGS) Financial Statements (2024 and earlier)

Company Profile

Business Address 15 EAST FIFTH STREET
TULSA, OK 74103
State of Incorp. OK
Fiscal Year End December 31
Industry (SIC) 4924 - Natural Gas Distribution (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) ($ in millions)

3/31/2024
Q1
12/31/2023
Q4
9/30/2023
Q3
6/30/2023
Q1
3/31/2023
Q1
12/31/2022
Q4
9/30/2022
Q3
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments1997810 
Cash and cash equivalents1997810 
Receivables348177234494554193
Inventory, net of allowances, customer advances and progress billings18720414599269343
Inventory18720414599269343
Regulatory asset75646566276316
Other current assets382531303029
Other undisclosed current assets9884105927977
Total current assets:7655645877881,218958
Noncurrent Assets
Operating lease, right-of-use asset 21   23 
Intangible assets, net (including goodwill)452460468475482158
Goodwill158158158158158158
Intangible assets, net (excluding goodwill)294302310317324 
Regulated entity, other noncurrent assets288302305309331624
Other noncurrent assets131120119117117105
Other undisclosed noncurrent assets6,1145,9865,8575,7315,6065,476
Total noncurrent assets:7,0066,8686,7486,6326,5596,363
TOTAL ASSETS:7,7717,4327,3357,4207,7767,322
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities347236209274439338
Taxes payable73
Accounts payable278169154198360191
Accrued liabilities696854767873
Debt9211,1009901,113573673
Regulatory liability676380484838
Other liabilities1127887767267
Other undisclosed current liabilities3095893158(11)
Total current liabilities:1,4771,5721,4541,5421,1891,105
Noncurrent Liabilities
Long-term debt and lease obligation2,1601,8631,8761,8762,6622,429
Long-term debt, excluding current maturities2,1601,8631,8761,8762,6622,429
Liabilities, other than long-term debt1,3671,3511,3501,3511,3411,342
Deferred income tax liabilities752733727721698690
Liability, pension and other postretirement and postemployment benefits202020202022
Regulatory liability500509513517529537
Other liabilities958991949393
Total noncurrent liabilities:3,5283,2143,2263,2264,0033,771
Total liabilities:5,0054,7864,6804,7695,1924,875
Equity
Equity, attributable to parent2,7662,6472,6552,6512,5842,446
Common stock111111
Additional paid in capital2,0291,9441,9401,9331,9331,833
Accumulated other comprehensive loss(1)(1)(1)(1)(1)(6)
Retained earnings738703715718652619
Total equity:2,7662,6472,6552,6512,5842,446
TOTAL LIABILITIES AND EQUITY:7,7717,4327,3357,4207,7767,322

Income Statement (P&L) ($ in millions)

3/31/2024
Q1
12/31/2023
Q4
9/30/2023
Q3
6/30/2023
Q1
3/31/2023
Q1
12/31/2022
Q4
9/30/2022
Q3
Revenues     2,578 
Cost of revenue
(Cost of Goods and Services Sold)
(268)(71)(130)(666)(505)(126)
Gross profit:(268)(71)(130)(666)2,073(126)
Other undisclosed operating income (loss)375128194815(1,970)173
Operating income:107576414910447
Nonoperating income
(Other Nonoperating income)
502331
Interest and debt expense(30)(28)(27)(30)(26)(20)
Income from continuing operations before income taxes:8229391228128
Income tax expense(11)(4)(6)(19)(14)(5)
Income from continuing operations:7125331036724
Income before gain (loss) on sale of properties:24
Net income available to common stockholders, diluted:7125331036724

Comprehensive Income ($ in millions)

3/31/2024
Q1
12/31/2023
Q4
9/30/2023
Q3
6/30/2023
Q1
3/31/2023
Q1
12/31/2022
Q4
9/30/2022
Q3
Net income:7125331036724
Other comprehensive income (loss)(0)(0)  60
Comprehensive income, net of tax, attributable to parent:7025331037324

Statements Sources

The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

Login to ReadyRatios

 

Have you forgotten your password?

Are you a new user?

Login As
You can log in if you are registered at one of these services: