ONE Gas, Inc. (NYSE:OGS) Q2 2023 Earnings Conference Call August 1, 2023 11:00 AM ET

Company Participants

Erin Dailey - IR

Sid McAnnally - President and CEO

Caron Lawhorn - SVP and CFO

Curtis Dinan - SVP and Chief Operating Officer

Conference Call Participants

Shahriar Pourreza - Guggenheim Partners

Christopher Jeffrey - Mizuho

Operator

Good day, and welcome to the ONE Gas 2023 Second Quarter Earnings Conference Call. Today's conference call is being recorded.

At this time, I would like to turn the conference over to Erin Dailey. Please go ahead, Ms. Dailey.

Erin Dailey

Good morning, and thank you for joining us on our second quarter 2023 earnings conference call. This call is being webcast live, and a replay will be available later today. After our prepared remarks, we will be happy to take your questions.

A reminder that statements made during this call that might include ONE Gas's expectations or predictions should be considered forward-looking statements, and are covered by the Safe Harbor provisions of the Private Securities Litigation Reform Act of 1995, the Securities Act of 1933 and the Securities and Exchange Act of 1934, each as amended. Actual results could differ materially from those projected in any forward-looking statements. For a discussion of factors that could cause actual results to differ, please refer to our SEC filings.

Joining us on the call this morning are Sid McAnally, President and Chief Executive Officer; Caron Lawhorn, Senior Vice President and Chief Financial Officer; and Curtis Dinan, Senior Vice President and Chief Operating Officer.

And now, I'll turn the call over to Sid.

Sid McAnnally

Thanks, Erin, and good morning, everyone.

We're happy to be with you today to share our second quarter results and discuss our performance through the first half of the year. We continue our commitment to safely operating a growing system while cultivating long-term value. Our second quarter activities and financial results reflect focused management of both our business and external economic forces through diligent plan execution by our entire team.

On last quarter's call, we shared our efforts to meet the needs of our expanding customer base while prioritizing safety, reliability and environmental responsibility. On June 30, we published our 2023 ESG report which highlights our focus on supporting our coworkers and communities, employing sound governance practices and reducing our emissions. In addition to reporting Scope 2 emissions for the first time, we are pleased to report that we have reduced our Scope 1 emissions due to leaks on main services by 48% since 2005, keeping us on track to meet our 2035 goal.