ONE Gas Inc., a leading regulated natural gas utility in the United States, has released an investor update highlighting its recent achievements and strategic direction. The company, serving approximately 2.3 million customers across Kansas, Oklahoma, and Texas, has made significant progress in expanding its infrastructure and enhancing safety standards. In 2024, ONE Gas replaced over 450 miles of transmission, main, and service lines, and increased its storage capacity by 20% from pre-Winter Storm Uri levels to approximately 61 Bcf. Recognized for its safety standards, ONE Gas has also received its 8th consecutive AGA safety award for maintaining the lowest rate of serious injury. Economic growth and demand for natural gas continue to drive system expansion, with nearly $25 billion in new manufacturing projects announced since 2021 across its service territory. Key cities served by ONE Gas have been identified as top job markets and desirable places to live, indicating a robust potential for future growth. You can access the full presentation through the link below.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.