ONE Gas Inc (OGS) News & EventsOGSONE Gas Inc

S&P 500 Ends Three-Day Gain as 10-Year Treasury Yield Hits New High

S&P 500 broke a string of three consecutive gaining sessions, backing away from yesterday's record highs.   Investors took greater caution as the yield on the 10-year Treasury note hit a fresh 24-year high of 5.36% before relatively strong demand in today's 10-year auction drove that rate back down to 5.28%, driving some relief into the equity space.Healthcare was the best-performing sector in the S&P 500 on Wednesday while Basic Materials and Industrials were the two worst areas of the market.  Precious metals stocks were also weighed down by multi-week lows in Gold and Silver prices.   Tech was mixed again, with profit-taking among some of the biggest cybersecurity names that had seen record highs overnight, as Palo Alto Networksfell 3% and CrowdStrikefell 5% .  Computer hardware names were generally higher however, paced by 4% gains in Everpure.  Also of note, Micronrebounded to post 4% gains after opening the day 3% lower due to labor action in Taiwan.Check out this evening's top movers from around Wall Street, compiled by The Fly.HIGHER AFTER EARNINGS -Applied Digitalup 4.1%Richardson Electronicsup 1.8%ALSO HIGHER -Wolfspeedup 20.8% after announcing a $1.5B 30-year loan from Department of WarvTv Therapeuticsup 5.5% after securing Orphan Drug Designation for HPPDLattice Semiconductorup 2.0% after announcing Arm collaboration on AI data center infrastructureDOWN AFTER EARNINGS -Resources Connectiondown 12.6%Levi Straussdown 1.6%ALSO LOWER -MicroVision.down 7.2% after FY26 outlookONE Gasdown 1.4% after downgrade to Hold at JefferiesCostco Wholesaledown 0.3% after September SSS data

Company Reports Q2 Revenue of $411.639M

Reports Q2 revenue $411.639M vs $423.741M last year. "Our strong second quarter and first-half results reflect the continued execution of our growth strategy and the benefits of operating in constructive jurisdictions. This performance gives us the confidence to raise our adjusted earnings expectations for the full year," said Robert S. McAnnally, chief executive officer. "We delivered these results while maintaining our focus on reliability and affordability for customers and creating long-term value for shareholders."

Company Raises 2026 Adjusted Earnings Expectations to Upper Limit of $314M

Based on strong performance during the first half of 2026 and anticipated benefits associated with Texas House Bill 4384, the Company has raised its 2026 adjusted earnings expectations to the upper half of its previously issued 2026 financial guidance ranges, which called for adjusted net income of $306M-$314M and adjusted net income per diluted share of $4.83 to $4.95. Capital investments, including asset removal costs, are expected to be approximately $800M in 2026, primarily targeted for system integrity and replacement projects. Capital investments for extensions to new customers are expected to be approximately $230M of the $800M.