ONE Gas Expects 2024 EPS $3.70-$4.00; For Five Years Ending 2028, Capital Investments, Including Asset Removal Costs, Are Expected To Be In The Range Of $750M-$950M Per Year
Portfolio Pulse from Benzinga Newsdesk
ONE Gas, Inc. projects its 2024 earnings per share (EPS) to be between $3.70 and $4.00. Additionally, the company anticipates annual capital investments, including asset removal costs, to range from $750 million to $950 million for the five-year period ending in 2028.
November 29, 2023 | 9:27 pm
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ONE Gas, Inc. expects a 2024 EPS of $3.70-$4.00 and plans significant capital investments of $750M-$950M annually through 2028.
The projected EPS for 2024 indicates a positive outlook for ONE Gas, which could lead to increased investor confidence and a potential rise in stock price. The substantial capital investments planned over the next five years demonstrate the company's commitment to growth and could further bolster investor sentiment.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100