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ONE GAS OGS Asset removal costs

Asset removal costs at other companies

New Jersey Resources logo
New Jersey ResourcesNJR
$5.69M-41.1%
NiSource logo
NiSourceNI
$74.5M+28.7%
MDU Resources Group logo
MDU Resources GroupMDU
$738K+185%
Southern Company logo
Southern CompanySO
$166M-1.2%
FirstEnergy logo
FirstEnergyFE
$117M+39.3%
OGE Energy logo
OGE EnergyOGE
$16.5M+16.2%

Other financials

Income statement

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Revenue$644.5M+42.5%
Gross profit$279.7M+8.3%
Operating income$189.6M+5.0%
Net income$128.7M+7.7%
EPS (diluted)$2.04+3.0%

Balance sheet

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Cash & equivalents$23.0M-18.4%
Total debt$2.4B+11.5%
Total equity$3.5B+10.7%
Total assets$8.8B+6.0%

Cash flow

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Operating cash flow$176.3M-36.5%
CapEx$156.5M-6.0%
Free cash flow$19.8M-82.2%

Valuation

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Market cap$4.82B+19.3%
Enterprise value$7.24B+16.9%
P/E17.6×+1.0×
P/S1.9×-0.8×

Profitability

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Gross margin43.4%-13.7pp
Operating margin13.6%-3.6pp
Net margin8.6%-2.8pp
FCF margin42.8%+24.8pp

Returns & leverage

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Return on equity8.2%+0.1pp
Debt / equity0.7×0.0×
Current ratio0.6×0.0×

Where this comes from

Reported directly by ONE GAS in its filing.

Tagged under the XBRL concept ogs:IncreaseDecreaseAssetRemovalCosts.

The official record: ONE GAS’s 10-Q, filed May 5, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is ONE GAS's asset removal costs?
ONE GAS (OGS) reported asset removal costs of -$13.08M in Q1 2026.
How has ONE GAS's asset removal costs changed year-over-year?
ONE GAS's asset removal costs decreased by 18.0% year-over-year, from -$11.09M to -$13.08M.
What is the long-term trend for ONE GAS's asset removal costs?
Over 4 years (2021 to 2025), ONE GAS's asset removal costs has grown at a 1.6% compound annual growth rate (CAGR), from -$49.03M to -$52.27M.
What does asset removal costs mean?
This represents the cash expenditures incurred for the decommissioning, dismantling, or removal of utility assets that have reached the end of their service life. These costs are often associated with environmental remediation or site restoration requirements. Monitoring these outflows is essential for assessing long-term capital maintenance obligations.