ONE Gas: 3Q Earnings Snapshot
TULSA, Okla. (AP) _ ONE Gas Inc. (OGS) on Monday reported third-quarter profit of $17.5 million.
The Tulsa, Oklahoma-based company said it had net income of 33 cents per share.
The results did not meet Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 34 cents per share.
The natural gas distribution posted revenue of $248.6 million in the period.
ONE Gas shares have increased 17% since the beginning of the year. In the final minutes of trading on Monday, shares hit $93.32, a climb of 16% in the last 12 months.