Earnings Call Summary | ONE Gas(OGS.US) Q1 2024 Earnings Conference
Earnings Call Summary | ONE Gas(OGS.US) Q1 2024 Earnings Conference
The following is a summary of the ONE Gas, Inc. (OGS) Q1 2024 Earnings Call Transcript:
以下是ONE Gas, Inc.(OGS)2024年第一季度業績電話會議記錄摘要:
Financial Performance:
財務業績:
ONE Gas reported a Q1 net income of $99 million or $1.75 per diluted share, a slight drop compared to $103 million or $1.84 during the same period in 2023.
Despite warmer weather in Q1, earnings impact was minimum thanks to effective weather normalization mechanisms.
Q1 revenues witnessed a lift of $11.2 million from new rates and $1.3 million from an expanding customer base.
Compared to the same period last year, Q1 Operating & Maintenance (O&M) expenses were up by about 5%.
Other income net saw a rise of almost $1 million, predominantly due to increases in the market value of investments associated with the company's non-qualified employee benefits plan.
The company confirmed its 2024 financial guidance, which includes a projected net income of $214 million to $231 million, earnings per diluted share of $3.70 to $4, and capital investments of around $750 million.
ONE Gas報告稱,第一季度淨收益爲9900萬美元,攤薄每股收益爲1.75美元,與2023年同期的1.03億美元或1.84美元相比略有下降。
儘管第一季度天氣轉暖,但由於有效的天氣正常化機制,對收益的影響微乎其微。
第一季度的收入從新費率中增長了1,120萬美元,客戶群的擴大增加了130萬美元。
與去年同期相比,第一季度的運營和維護(O&M)支出增長了約5%。
其他淨收入增長了近100萬美元,這主要是由於與公司不合格員工福利計劃相關的投資的市值增加。
該公司確認了其2024年的財務指導,其中包括預計的淨收益爲2.14億美元至2.31億美元,攤薄後每股收益爲3.70美元至4美元,資本投資約爲7.5億美元。
Business Progress:
業務進展:
ONE Gas is targeting the midpoint of the 2024 financial guidance by managing O&M expenses, realizing efficiencies from internal functions, and responding aptly to economic developments.
Continuing to add new meters, the company is boosting affordability for customers.
Celebrating a significant safety milestone, the company received the American Gas Association Safety Award for the seventh year in a row for maintaining the lowest rate of injuries among peer companies.
Following the execution of a safety-driven pipeline replacement plan, the company has achieved a 50% reduction in emissions due to leaks as of December 31, 2023, keeping them on course with their stated 2035 goal.
MSCI awarded ONE Gas a AAA ESG rating, acknowledging its competent management of safety and climate-related risks.
ONE Gas通過管理運維開支、提高內部職能效率以及適當地應對經濟發展,將目標定在2024年財務指引的中點。
該公司繼續增加新的電錶,正在提高客戶的負擔能力。
爲了慶祝一個重要的安全里程碑,該公司連續第七年獲得美國天然氣協會安全獎,以表彰其保持同行公司中最低的傷害率。
在執行以安全爲導向的管道更換計劃後,截至2023年12月31日,該公司已將泄漏造成的排放減少了50%,使他們按既定2035年目標前進。
摩根士丹利資本國際授予ONE Gas的AAAESG評級,以表彰其對安全和氣候相關風險的有效管理。
More details: ONE Gas IR
更多詳情: ONE Gas IR
Tips: For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.
提示:欲了解更多詳情,請訪問投資者關係網站。本文僅供投資者參考,不構成任何投資建議。
譯文內容由第三人軟體翻譯。